Overview
Entourage was founded by PJ Bouten following his exit from Showpad, where he served as CEO. The fund targets Belgian B2B SaaS companies at the earliest stages, combining capital with hands-on venture studio support.
LPs include prominent Belgian ecosystem figures such as Joris Van Der Gucht (Silverfin) and Jeroen De Wit (Teamleader), bringing deep operator expertise into the fund. Alychlo, the family office of Marc Coucke, also backed the vehicle.
The fund is a direct expression of the "Ghent SaaS mafia" pattern, where successful Showpad alumni reinvest into the next generation of Ghent-based founders.
Portfolio (Current)
- SereneDB
- Basalt
- Commerce Clarity
- Epiminds
- TextYess
- Highsail
- Warren
- Lexroom
- Dealcar
- Emma
- Karomia
- Onecrew
- Conveo
- Chift
- Artion
- Companion Energy
- Aikido Security - Developer security platform
- NineID
- Tekst
- Squire
Portfolio (Exits / Past)
Henchman, Algorithmiq, Bitmovin, Byteflies, CluedIn, Converge, DEselect, Letsbuild, LocTax, Raito, Reiterate, Showpad, Silverfin, Spendesk, Swan
Media & appearances
- The HarbourYouTubeCAROLINE VAN DER STEEN (Artion) over ze van stadsambtenaar naar ondernemer groeideInvestment fund (Pieter-Jan) that led Artion's round as its first investment, despite normally focusing on AI, and provided network access for rapid hiring.
- SuperNovaYouTubeSuperHero Conversations EP6 | Pieterjan Bouten - Entourage & Stan Callewaert - SquireVenture studio and VC fund under one roof; founder-led, closed a second closing making it a €40M fund doing pre-seed and seed tickets of €300K to €1.5M.
Stated facts & numbers
- After closing, Artion hired six people in six weeks, having spoken to only about eight candidates, several referred by Entourage.The Harbour 2025-03-271:06:31
- Entourage's investment in Artion was its first investment, despite the fund's stated AI focus.The Harbour 2025-03-271:02:56
- Entourage completed a second closing bringing its fund to €40 million, doing pre-seed and seed tickets of €300K to €1.5M (disclosed for the first time on this podcast).SuperNova 2025-03-140:23:47
- Entourage's fund has more than 40 B2B SaaS entrepreneurs as investors/LPs.SuperNova 2025-03-140:22:16
- Entourage's studio currently has four companies in the making in its offices.SuperNova 2025-03-140:20:44
Leadership & org chart
In the news
- Pieterjan Bouten lève 100 millions d'euros pour le deuxième fonds d'EntourageEntourage, le fonds de capital-risque lancé par Pieterjan Bouten, le fondateur de Showpad, a levé 100 millions d’euros. L’investisseur gantois affirme explicitement ses priorités: l’IA, la deep tech et la robotique.
L'Echo Entreprises · 30 Oct 2026
- Today we are announcing Entourage Fund II Oversubscribed against our €75M target within two weeks of our first outreach, and closed at €100M. Backed entirely by entrepreneurs, family offices, and private investors. Two years ago we launched our first fund, focusing on software and operating with a founder-first approach. We wrote the first cheques into some of Europe’s fastest-growing technology companies, including Aikido Security, Conveo and Lexroom. Fund II remains focused on pre-seed & seed stages across Europe and beyond.
- 100 million to back the next generation of legendary founders. Introducing Entourage Fund II. Oversubscribed against our €75M target within two weeks of our first outreach. Closed at €100M. Backed entirely by entrepreneurs, family offices, and private investors. Since launching in 2024, we’ve written the first cheques into companies like Aikido Security, Conveo and Lexroom. With Fund II, we’re doubling down. We’ll back around 25 pre-seed and seed companies across Europe and beyond, with initial cheques of €1 million to 5
- Two years ago, we started Entourage Ventures to back the next generation of legendary founders. We wrote the first cheques into Aikido Security, Conveo, Lexroom and many more. Now we’re doubling down. 💥 €100 million. Entourage Fund II. Oversubscribed against our €75M target within two weeks of our first outreach. Closed at €100M. We’re backing pre-seed and seed founders across Europe and beyond - from AI and enterprise software to robotics, physical AI and deep tech. Same approach: build conviction, invest early and keep
- Pieterjan Bouten (ex-Showpad) lanceert nieuw Entourage-fonds van 100 miljoen euroMeer dan twee jaar na het eerste fonds van Entourage heeft Pieterjan Bouten 100 miljoen euro verzameld om in start-ups te investeren. Het verse kapitaal moet een vijfentwintigtal bedrijven in software, AI, robotica en deep tech ondersteunen.
The post Pieterjan Bouten (ex-Showpad) lanceert nieuw Entourage-fonds van 100 miljoen euro appeared first on Trends.be.
DataNews · 29 Oct 2026
- Pieterjan Bouten haalt 100 miljoen op voor tweede Entourage-fondsEntourage, het durfkapitaalfonds van Showpad-oprichter Pieterjan Bouten, heeft 100 miljoen euro opgehaald voor een tweede fonds. Met het nieuwe vehikel trekt de Gentse investeerder volop de kaart van AI, deep tech en robotica.
De Tijd Ondernemen · 29 Oct 2026
- Entourage raises €100M for second fund, targeting AI, robotics and deeptechEuropeanearly-stage venture capital firm Entourage has closed its second fund at €100million, just over two years after launching its first fund in 2024. The fundexceeded its initial €75 million targe...
Tech.eu · 29 Oct 2026
- Thrilled to see Chift API team raise its €10.5M Series A, led by BlackFin Capital Partners. 💥 At Entourage, we've watched this team build the connectivity layer behind 150+ software companies from scratch, now connecting 50,000+ SMEs across 10+ countries in Europe. AI and e-invoicing are redefining European SMB finance, and interoperability is becoming the industry's defining problem. Chift is building the infrastructure that connects it all and is powering teams at companies like Revolut, Pennylane and Mollie. 🚀 Huge
Backers
Gauthier HenrozGauthier Henroz is co-founder and CEO of Chift, a Brussels-based unified API platform that connects SaaS companies to accounting, invoicing, POS and ecommerce software across Europe.
Louis JonckheereLouis Jonckheere is one of Ghent's most connected figures: co-founder of Showpad (one of Belgium's biggest SaaS exits), In The Pocket, and Wintercircus tech campus, Chairman of Vlerick Business School, and angel investor in 17+ startups.
Marc CouckeMarc Coucke founded Omega Pharma and now operates Alychlo, his family office and investment vehicle, making him one of Belgium's most prominent serial entrepreneur-investors.
Joris Van Der GuchtJoris Van Der Gucht co-founded Silverfin (acquired by Visma), co-founded Wintercircus, and is now CEO of Ravical.
- PPieterjan Bouten
Pieterjan Bouten is Co-founder & CEO at Entourage.
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