Fortino Capital I

Fortino Capital Partners is a Belgium-based venture capital firm established in 2013, focusing on growth capital investments in technology companies, particularly in the Benelux region. The firm specializes in supporting exceptional entrepreneurs and companies in Europe and the USA, targeting the development of software-as-a-service (SaaS) platforms designed for small and medium-sized enterprises. Fortino Capital invests in companies aiming to innovate their business models through advanced management practices and cutting-edge technologies. The firm actively manages funds that provide investment ranging from 5 million to 25 million euros, targeting scale-ups and growth companies with annual revenues of 5 to 10 million euros. Fortino Capital's objective is to facilitate growth by offering not only capital but also strategic expertise in building brands and go-to-market strategies, particularly for media and high-end product manufacturing sectors.

Renaat Berckmoes

Co-Founder, CEO and Managing Partner

Wouter Van de Bunt

Partner

Patrick Van Deven

Operating Partner

Niels Van Driessche

Investment Associate

Simon Duyver

Investment Manager

Jeroen Van Godtsenhoven

Partner

Wouter Goossens

Investment Director

Marcel van der Heijden

Partner

Filip Van Innis

Partner

Alexandra de Klerk

Investment Associate

Ida Kuijken

Partner

Paul Quick

Investment Manager

Philippe Remy

Partner

Philipp Remy

Partner

Duco Sickinghe

Managing Partner and Executive Chairman

Toon Smets

Investment Director

Steven De Troyer

Partner

Matthias Vandepitte

Partner

Frank van Vliet

Operating Partner

Arnaud De Vos

Investment Director

Past deals in Belgium

TechWolf

Series A in 2022
TechWolf BV provides artificial intelligence based workforce planning services. The company provides human capital management with HR-software. TechWolf BV was founded in 2017 and is based in Sint-Denijs-Westrem, Belgium.

Venly

Series A in 2022
Arkane takes care of the complexity so you can offer a Web 2.0 experience while using the power of blockchain under the hood

Timeseer.AI

Seed Round in 2022
Timeseer.AI is a developer of a low-code platform focused on time series data operations and observability, aimed at enhancing augmented analytics. The company integrates machine learning and natural language processing to facilitate the preparation of time-series analytics. This unique approach allows organizations to derive meaningful insights and statistics from their data. Timeseer.AI represents a collaborative effort between industry experts, academia, and entrepreneurs with over a century of combined experience in time-series analytics, positioning itself as a leader in this specialized field.

VaultSpeed

Series A in 2021
Vaultspeed is a SaaS company specialized in data warehouse automation solutions.

SupplyStack

Series A in 2019
SupplyStack, formerly known as Slickss, delivers a visibility solution that monitors transport orders in real-time. The company offers SupplyStack, a gateway to logistics service providers, which helps users to find the carriers and monitor/report performances. It caters to automotive, industrial manufacturing, FMCG, chemical, 3/4PL, wholesale and distribution, paper and packaging, building materials, pharmaceutical and healthcare, high tech and engineering, and food and beverage industries. SupplyStack is based in Antwerp, Belgium.

Teamleader

Series C in 2018
Teamleader NV is a Belgium-based software company that offers a comprehensive platform designed for customer relationship management, sales, project management, time tracking, invoicing, and ticketing. Established in 2012 and headquartered in Ghent, the company primarily serves small and medium-sized businesses (SMBs). With a user-friendly interface and reasonable pricing, Teamleader facilitates data management in the cloud, enabling over 7,000 paying customers to effectively organize their operations in one place. The platform streamlines various business processes, allowing clients to save time and enhance revenue growth, positioning Teamleader for significant expansion in the market.

Dobco Medical Systems

Venture Round in 2018
DOBCO Medical Systems N.V., a software company, which offers web-based medical imaging solutions to medical industry. The company provides PACSonWEB, platform based on pure HTML5 web technology and RISonWEB, a HTML5 information system for radiology and nuclear medicine. The company was founded in 2011 and is based in Sint-Niklaas, Belgium.

PieSync

Venture Round in 2018
PieSync BVBA operates a platform that connects various professional B2B services and offers two-way synchronization between them. Its platform connects SaaS applications and provides two-way synchronization between them; synchronizes Google Contacts with CRM; enables users to manage their contacts and share them with the team; and keeps contacts up to date across Google and Capsule. The company was founded in 2012 and is based in Ghent, Belgium. As of October 31, 2019, PieSync BVBA operates as a subsidiary of HubSpot, Inc.

Mobilexpense

Venture Round in 2017
Bring travel requests, expense submission and approvals down to a few clicks with MobileXpense! The highest level of automation and compliance combined with extensive global deployment expertise have led to 1.600+ successful implementations in over 100 countries and earned us the trust of industry leaders such as AB Inbev, UCB,Panalpina, DB Schenker and many more. MobileXpense delivers the ultimate traveller experience and ease of use with an intuitive UI, advanced OCR and machine learning integration as well as legal daily allowances and mileages. The finance department benefits from advanced automated controls, analytics, VAT recovery and support for industry-specific best practices and regulations such as the Sunshine Act. MobileXpense’s cloud platform includes an integration framework that covers OBTs,credit card feeds and companies’ financial and HR systems.

AproPLAN

Series A in 2017
AproPLAN is a construction management software company based in Brussels, Belgium, with additional offices in La Hulpe and Kowloon Bay. Founded in 2012, the company offers a mobile and desktop application designed to improve collaboration among architects, contractors, engineers, and subcontractors. By centralizing all project plans, drawings, and documents in one platform, AproPLAN addresses common challenges in the construction industry, such as frequent changes and administrative burdens. The software streamlines on-site management processes, reducing the reliance on traditional pen-and-paper methods and cutting administrative tasks by up to 50%. This real-time collaboration allows construction project managers to access site data efficiently, ensuring that all stakeholders are aligned and informed throughout the project lifecycle.

Teamleader

Series B in 2016
Teamleader NV is a Belgium-based software company that offers a comprehensive platform designed for customer relationship management, sales, project management, time tracking, invoicing, and ticketing. Established in 2012 and headquartered in Ghent, the company primarily serves small and medium-sized businesses (SMBs). With a user-friendly interface and reasonable pricing, Teamleader facilitates data management in the cloud, enabling over 7,000 paying customers to effectively organize their operations in one place. The platform streamlines various business processes, allowing clients to save time and enhance revenue growth, positioning Teamleader for significant expansion in the market.

SupplyStack

Seed Round in 2016
SupplyStack, formerly known as Slickss, delivers a visibility solution that monitors transport orders in real-time. The company offers SupplyStack, a gateway to logistics service providers, which helps users to find the carriers and monitor/report performances. It caters to automotive, industrial manufacturing, FMCG, chemical, 3/4PL, wholesale and distribution, paper and packaging, building materials, pharmaceutical and healthcare, high tech and engineering, and food and beverage industries. SupplyStack is based in Antwerp, Belgium.
Riaktr is a Belgian scale-up founded in 2009 and backed by first class investors (Fortino, Endeit, GIMV). We started as a service company under the name ‘Real Impact Analytics’. At the time, Big Data was the new big thing, driving important corporate investments. Yet, too often such investments were not yielding the desired returns. Since day one, we pursue a clear mission: leverage the value of telecom data. We do this by starting from the field to build user-centric frameworks driving results. We resist the ‘black box’ principle by putting data at the service of human intelligence and bringing teams together under a collaborative approach. Our brand Riaktr, adopted in 2018, symbolizes our pivot from a services business to a product company. Today our software products address two major questions faced by telcos: - How can I optimize my network CAPEX investments? - How can I optimize my Sales & Distribution operations? Behind the scenes, we are a team of computer scientists, engineers and business consultants based in the heart of Brussels, with a local presence close to our clients in South-Africa and Brazil. We have worked in many countries in Africa, Latin America, the Caribbean and Europe. We work with six of the ten biggest telecom groups to revolutionize the telecom and Consumer Goods industries.

UnifiedPost SA

Series A in 2016
UnifiedPost Group is a Belgium-based provider of cloud-based platforms for administrative and financial services, established in 2001 and headquartered in La Hulpe. The company facilitates connections among customers, suppliers, and other stakeholders throughout the financial value chain, offering a range of solutions that include document management, identity verification, payment processing, and financial services. UnifiedPost caters to a diverse clientele, including corporate and government entities, small and medium-sized enterprises, as well as sectors such as agriculture, accounting, interim management, and construction. With a presence in Belgium, the Netherlands, Luxembourg, and Romania, the company has expanded its offerings to encompass document exchange, financial supply chain management, credit management, mandate management, and e-identity services. UnifiedPost manages over 200 million documents annually and employs more than 180 people, demonstrating significant growth in its operations.

TrendMiner

Series B in 2015
TrendMiner, a subsidiary of Software AG, specializes in data search and mining software solutions tailored for the process industry. Founded in 2013 and headquartered in Hasselt, Belgium, with additional offices in Houston and Köln, the company provides a self-service data analytics platform optimized for sectors such as chemical, petrochemical, oil and gas, pharmaceuticals, and metals and mining. Its software solutions, including TMsearch, TMcapture, and TMmonitor, empower process specialists to identify trends, create shift logbooks, and monitor process performance against preferred states. The platform utilizes a high-performance analytics engine for time-series data, enabling users to perform root cause analysis and configure early warning systems without needing data scientists. TrendMiner's solutions are designed for easy deployment, offering immediate value without significant infrastructure investments, and include standard integrations with various data historians.

Teamleader

Series A in 2015
Teamleader NV is a Belgium-based software company that offers a comprehensive platform designed for customer relationship management, sales, project management, time tracking, invoicing, and ticketing. Established in 2012 and headquartered in Ghent, the company primarily serves small and medium-sized businesses (SMBs). With a user-friendly interface and reasonable pricing, Teamleader facilitates data management in the cloud, enabling over 7,000 paying customers to effectively organize their operations in one place. The platform streamlines various business processes, allowing clients to save time and enhance revenue growth, positioning Teamleader for significant expansion in the market.

Teamleader

Seed Round in 2014
Teamleader NV is a Belgium-based software company that offers a comprehensive platform designed for customer relationship management, sales, project management, time tracking, invoicing, and ticketing. Established in 2012 and headquartered in Ghent, the company primarily serves small and medium-sized businesses (SMBs). With a user-friendly interface and reasonable pricing, Teamleader facilitates data management in the cloud, enabling over 7,000 paying customers to effectively organize their operations in one place. The platform streamlines various business processes, allowing clients to save time and enhance revenue growth, positioning Teamleader for significant expansion in the market.

Zentrick

Series A in 2013
Zentrick BVBA operates an interactive video engagement platform designed to enhance video advertising by enabling marketers to create and deliver interactive videos. Founded in 2010 and based in Lochristi, Belgium, Zentrick offers tools such as Zentrick Studio, which features a drag-and-drop editor for building interactive videos with pre-built applications and custom development options. Their platform facilitates the integration of marketing messages and viewer interactions directly within videos, allowing for dynamic animations and real-time engagement metrics through Zentrick Analytics. The platform supports publishing to various devices and networks, providing viewers the ability to learn, share, buy, and act within the video content. In February 2019, Zentrick was acquired by DoubleVerify, where it continues to serve the digital video industry by aligning the interests of advertisers, publishers, and viewers, delivering billions of impressions monthly and fostering a more efficient media ecosystem.
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