SmartFin

SmartFin Capital is a private equity and venture capital firm based in Brussels, Belgium, established in December 2014. The firm specializes in early-stage and growth capital investments, primarily targeting private growth companies in the smart technologies sector, with a particular emphasis on financial technologies. SmartFin focuses on companies in Europe, investing between EUR 0.5 million and EUR 12 million over the lifespan of its portfolio companies, and typically takes minority stakes in its investments. The firm is committed to fostering significant value creation in rapidly growing market segments and provides options for follow-on investments as part of its initial commitments. SmartFin's investment strategy encompasses a range of sectors, including security, big data, analytics, artificial intelligence, and enterprise software.

Thomas Depuydt

Managing Partner

Harry Haeck

Partner

Jürgen Ingels

Founder and Managing Partner

Bart Luyten

Co-Founder and Managing Director

Jean-Baptiste Maenhout

Associate

Past deals in Belgium

Luzmo

Series A in 2023
Luzmo operates as a cloud analytics platform that focuses on providing business experts and SaaS companies with tools for data visualization. Based in Belgium, the platform enables users to integrate intuitive and powerful analytics into their daily operations, enhancing their ability to interpret and leverage data effectively. Luzmo's offerings are designed to simplify complex data processes, making it easier for organizations to derive insights and make informed decisions.

Deliverect

Series D in 2022
Deliverect NV operates a Software as a Service platform designed to streamline the management of takeaway and delivery orders for restaurants, bars, and cafes. Founded in 2018 and headquartered in Ghent, Belgium, the company integrates various third-party online ordering platforms, such as Uber Eats and Deliveroo, into restaurants' existing point-of-sale systems. This integration automates the inbound order flow, allowing staff to focus on other tasks by eliminating the need to monitor multiple devices or manually re-enter orders. Deliverect's platform not only simplifies order management but also offers features for consolidated reporting and inventory management, enhancing operational efficiency for food businesses worldwide.

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.

Willow

Venture Round in 2021
Willow is the winning combination of smart technology and experienced experts. Our specialists define your strategy and coach you towards Social Media success. The Willow platform brings inspiration, efficiency & structure. Designed specifically for Professional Service Providers and Busy Entrepreneurs.

Deliverect

Series C in 2021
Deliverect NV operates a Software as a Service platform designed to streamline the management of takeaway and delivery orders for restaurants, bars, and cafes. Founded in 2018 and headquartered in Ghent, Belgium, the company integrates various third-party online ordering platforms, such as Uber Eats and Deliveroo, into restaurants' existing point-of-sale systems. This integration automates the inbound order flow, allowing staff to focus on other tasks by eliminating the need to monitor multiple devices or manually re-enter orders. Deliverect's platform not only simplifies order management but also offers features for consolidated reporting and inventory management, enhancing operational efficiency for food businesses worldwide.

Luzmo

Funding Round in 2020
Luzmo operates as a cloud analytics platform that focuses on providing business experts and SaaS companies with tools for data visualization. Based in Belgium, the platform enables users to integrate intuitive and powerful analytics into their daily operations, enhancing their ability to interpret and leverage data effectively. Luzmo's offerings are designed to simplify complex data processes, making it easier for organizations to derive insights and make informed decisions.

Silverfin

Series B in 2020
Silverfin operates a connected accounting platform designed to enhance the efficiency and accuracy of financial services. Founded in 2013 and headquartered in Ghent, Belgium, with an additional office in London, the platform integrates data from various accounting, CRM, and CMS software, allowing users to access customized reporting tools and documentation. It offers features such as real-time updates, drag-and-drop functionality, and collaborative commenting, facilitating smooth workflows and communication among stakeholders. By centralizing financial data in a secure cloud-based Structured Data Hub, Silverfin standardizes and automates accounting processes, significantly reducing the time required for compliance tasks. The platform serves finance departments and accountancy firms of all sizes, both in Belgium and internationally, ultimately aiming to improve the competitiveness and profitability of its users' services.

Deliverect

Series B in 2020
Deliverect NV operates a Software as a Service platform designed to streamline the management of takeaway and delivery orders for restaurants, bars, and cafes. Founded in 2018 and headquartered in Ghent, Belgium, the company integrates various third-party online ordering platforms, such as Uber Eats and Deliveroo, into restaurants' existing point-of-sale systems. This integration automates the inbound order flow, allowing staff to focus on other tasks by eliminating the need to monitor multiple devices or manually re-enter orders. Deliverect's platform not only simplifies order management but also offers features for consolidated reporting and inventory management, enhancing operational efficiency for food businesses worldwide.

THEO Technologies

Series A in 2020
THEO Technologies specializes in universal video playback technologies designed to provide an optimal viewing experience across various platforms and devices. The company's offerings include a comprehensive portfolio of video playback components and pre-integrations, enabling media companies to deploy premium video experiences efficiently and cost-effectively. By facilitating seamless video playback in over-the-top (OTT) applications, THEO Technologies allows online media enterprises to deliver a consistent and exceptional video experience to audiences worldwide, regardless of the device or platform used.

THEO Technologies

Series A in 2020
THEO Technologies specializes in universal video playback technologies designed to provide an optimal viewing experience across various platforms and devices. The company's offerings include a comprehensive portfolio of video playback components and pre-integrations, enabling media companies to deploy premium video experiences efficiently and cost-effectively. By facilitating seamless video playback in over-the-top (OTT) applications, THEO Technologies allows online media enterprises to deliver a consistent and exceptional video experience to audiences worldwide, regardless of the device or platform used.

Deliverect

Series A in 2019
Deliverect NV operates a Software as a Service platform designed to streamline the management of takeaway and delivery orders for restaurants, bars, and cafes. Founded in 2018 and headquartered in Ghent, Belgium, the company integrates various third-party online ordering platforms, such as Uber Eats and Deliveroo, into restaurants' existing point-of-sale systems. This integration automates the inbound order flow, allowing staff to focus on other tasks by eliminating the need to monitor multiple devices or manually re-enter orders. Deliverect's platform not only simplifies order management but also offers features for consolidated reporting and inventory management, enhancing operational efficiency for food businesses worldwide.

The Glue

Series A in 2018
The Glue is a contemporary, new solution which enables financial institutions to quickly develop innovative financial services for today’s consumers. These services are delivered by creating a customer centric environment, overlaying the core legacy systems. The Glue is a unique enabling yet non-disruptive solution which helps to protect and prolong the lifespan of your existing infrastructure investments.

NGDATA

Series C in 2017
NGDATA is a company that specializes in consumer intelligence management solutions, focusing on data-driven sectors such as retail, finance, media, and telecommunications. The company has developed Lily, a big data management system that extracts real-time business insights and enhances data utility. By combining big data management with machine learning technologies, NGDATA provides enterprises with a comprehensive platform to improve customer experience management. This platform delivers insights on both historical and real-time customer interactions, allowing organizations to engage with customers more effectively and drive customer loyalty. Headquartered in Ghent, Belgium, NGDATA also has offices in Singapore, Paris, New York City, and San Francisco.

Luzmo

Seed Round in 2017
Luzmo operates as a cloud analytics platform that focuses on providing business experts and SaaS companies with tools for data visualization. Based in Belgium, the platform enables users to integrate intuitive and powerful analytics into their daily operations, enhancing their ability to interpret and leverage data effectively. Luzmo's offerings are designed to simplify complex data processes, making it easier for organizations to derive insights and make informed decisions.

Newtec

Secondary Market in 2017
Newtec is a Belgian company that specializes in designing, developing, and manufacturing equipment and technologies for satellite communications. Established in 1985, Newtec offers a range of products, including modems, satellite terminals, hubs, modulators, demodulators, redundancy switches, receivers, and multiservice broadcast terminals. These products are used across various sectors, including broadcast, government, defense, and enterprise VSAT services. With over 30 years of experience, Newtec focuses on creating efficient, scalable, and cost-effective solutions that address the evolving needs of its customers. The company's commitment to innovation and excellence enables it to contribute to a safer, more informed, and better-connected world. Newtec maintains regional offices and research and development centers in multiple locations, including the United States, Singapore, China, the UAE, Brazil, Germany, and France.

NGDATA

Series B in 2017
NGDATA is a company that specializes in consumer intelligence management solutions, focusing on data-driven sectors such as retail, finance, media, and telecommunications. The company has developed Lily, a big data management system that extracts real-time business insights and enhances data utility. By combining big data management with machine learning technologies, NGDATA provides enterprises with a comprehensive platform to improve customer experience management. This platform delivers insights on both historical and real-time customer interactions, allowing organizations to engage with customers more effectively and drive customer loyalty. Headquartered in Ghent, Belgium, NGDATA also has offices in Singapore, Paris, New York City, and San Francisco.

Silverfin

Seed Round in 2016
Silverfin operates a connected accounting platform designed to enhance the efficiency and accuracy of financial services. Founded in 2013 and headquartered in Ghent, Belgium, with an additional office in London, the platform integrates data from various accounting, CRM, and CMS software, allowing users to access customized reporting tools and documentation. It offers features such as real-time updates, drag-and-drop functionality, and collaborative commenting, facilitating smooth workflows and communication among stakeholders. By centralizing financial data in a secure cloud-based Structured Data Hub, Silverfin standardizes and automates accounting processes, significantly reducing the time required for compliance tasks. The platform serves finance departments and accountancy firms of all sizes, both in Belgium and internationally, ultimately aiming to improve the competitiveness and profitability of its users' services.

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.

NGDATA

Series B in 2015
NGDATA is a company that specializes in consumer intelligence management solutions, focusing on data-driven sectors such as retail, finance, media, and telecommunications. The company has developed Lily, a big data management system that extracts real-time business insights and enhances data utility. By combining big data management with machine learning technologies, NGDATA provides enterprises with a comprehensive platform to improve customer experience management. This platform delivers insights on both historical and real-time customer interactions, allowing organizations to engage with customers more effectively and drive customer loyalty. Headquartered in Ghent, Belgium, NGDATA also has offices in Singapore, Paris, New York City, and San Francisco.

UnifiedPost SA

Venture Round in 2015
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.

NGDATA

Funding Round in 2014
NGDATA is a company that specializes in consumer intelligence management solutions, focusing on data-driven sectors such as retail, finance, media, and telecommunications. The company has developed Lily, a big data management system that extracts real-time business insights and enhances data utility. By combining big data management with machine learning technologies, NGDATA provides enterprises with a comprehensive platform to improve customer experience management. This platform delivers insights on both historical and real-time customer interactions, allowing organizations to engage with customers more effectively and drive customer loyalty. Headquartered in Ghent, Belgium, NGDATA also has offices in Singapore, Paris, New York City, and San Francisco.
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