Smartfin

Key people

• Jurgen Ingels

1 alumni

Investments

• Showpad

  Showpad is a Ghent-founded sales enablement platform that helps B2B sales teams find, share, and track content throughout the buyer journey.

• TechWolf

  TechWolf is a Ghent-based AI platform that maps workforce skills using job data and HR systems, enabling large enterprises to make talent decisions based on real competency intelligence.

• Deliverect

  Deliverect is a Ghent-based Food Tech platform valued at $1.4B that integrates restaurant POS systems with online delivery channels like Uber Eats, Deliveroo, and DoorDash.

• Silverfin

  Silverfin is a Ghent-founded cloud accounting platform for accountancy firms, co-founded by Joris Van Der Gucht and Tim Vandecasteele, and acquired by Visma.

• BrightAnalytics

  BrightAnalytics is a Hooglede-based financial and operational reporting platform, helping Belgian SMEs and mid-market companies replace spreadsheet-based management reporting with structured analytics dashboards.

• EyeSee Research
• Hex-Rays

  Belgian Cybersecurity company behind IDA Pro, the industry-standard interactive disassembler and reverse engineering tool.

• Willow

  Willow connects upscale restaurants with management talent to enhance guest experiences.

• CrazyGames

  CrazyGames is a Leuven-based browser gaming platform with 35 million monthly active users and 300 million monthly gameplays, bootstrapped for a decade before raising its first VC round from Smartfin in 2023.

• NGDATA

  NGDATA is a Ghent-based customer data and AI personalization platform used primarily by large banks, telecoms, and utilities to improve customer engagement at scale.

• Luzmo

  Luzmo is an embedded analytics platform, purpose-built for SaaS companies. We bring complex data to life with beautiful, easy-to-use dashboards, embedded seamlessly in any SaaS or web platform. With Luzmo, product teams can add impactful insights to their SaaS product in days, not months. And take their product users from data to decisions, damn fast. Offer new insights to your users and let them take action immediately, right within your own application!

• Timefold

  Timefold is a Ghent-based AI startup that builds planning and scheduling optimization software for logistics, workforce, and field service operations.

• AI-Blox

  AI-Blox is a Zaventem-based hardware Company Building modular edge AI computing platforms for industrial applications, with backing from Smartfin and imec.istart.

• Sequesto

  Sequesto provides an agentic operating system designed for commercial teams.

• Unifiedpost Group

  Unifiedpost Group is a Brussels-based document processing and digital payments platform, listed on Euronext since 2020 with EUR 188M+ in funding and 500K+ customers across 26 countries.

• Payflip

  Payflip is a Belgian HR-tech startup offering flexible employee benefits and meal vouchers, backed by Smartfin and positioned as Belgium's 4th meal voucher provider.

• The Glue

  The Glue is a platform enabling companies to create social media and cause marketing programs that drive business results through consumer giving to nonprofit projects.

• Timeseer.AI

  Timeseer.AI is a Belgian startup that builds AI-powered tools for detecting and resolving data quality issues in time-series data, targeting industrial and engineering use cases.

In the news

• If your core technology relies on unvetted offshore suppliers, your dual-use strategy is dead on arrival. When commercial tech meets defence, there are many reasons why it fails. The less-expected one is provenance: where the hardware was manufactured, who maintains the code, where the data is stored, etc. And - just to make things extra spicy - provenance cuts both ways. 🔺It creates the opportunity. Belgian Defence commissioned Noordzee Drones to build a training drone with no foreign components: the THEQ-1. A clean supplyLinkedIn · 17 Sept 2026
  
• Slapping a camouflage sticker on an enterprise software product does not make you a dual-use company. Founders struggling in civilian markets sometimes rebrand generic B2B tools as defence tech to chase new funding (I can perfectly understand that, that's where the big money is heading). But when these teams get in front of military buyers, the conversation dies in five minutes. Defence buyers rarely pay for do-everything software. They pay for a specific fix to a concrete operational problem. That is why we invited StevenLinkedIn · 11 Sept 2026
  
• Is it still worth investing in SaaS in the Age of AI? For years, SaaS valuations have been built around familiar fundamentals: recurring revenue, growth, margins, retention, scalability and predictable business models. But AI is now challenging some of these assumptions. As the cost of building software decreases, time-to-market accelerates and certain product features become easier to replicate, a fundamental question emerges: What makes a SaaS company truly valuable and defensible in the age of AI? On September 17 at The POD,LinkedIn · 2 Sept 2026
  
• Timefold tankt 13 miljoen dollar bij voor AI-planningsplatformHet in 2023 opgerichte Gentse softwarebedrijf Timefold sluit een Series A-financieringsronde van 13 miljoen dollar af, geleid door Alstin Capital en met Kompas VC als nieuwe co-investeerder. Ook bestaande investeerders Smartfin en Lakestar doen opnieuw mee. The post Timefold tankt 13 miljoen dollar bij voor AI-planningsplatform appeared first on Trends.be.DataNews · 23 Jun 2026
• Finhouse opent toegang tot het Space & Defense Fonds van Smartfin vanaf 100.000 euroFinhouse, het Gentse beheerbedrijf opgericht door Thomas Guenter, lanceert een nieuwe feeder die toegang biedt tot het Smartfin Space & Defense Fund, het gespecialiseerde fonds van Jürgen Ingels. Vanaf een inzet van 100.000 euro kunnen particuliere investeerders nu investeren in niet-beursgenoteerde bedrijven die actief zijn in de ruimte- en defensiesector. Een investeringshorizon […] L’article FiForbes BE Financiën · 8 Jun 2026
• Jürgen Ingels en Deliverect-topper Jan Hollez willen met fonds van 150 miljoen Belgische ruimtevaart en defensie boosten06/04 Smartfin, het investeringsfonds van de fintechpionier Jürgen Ingels, richt in zijn schoot een fonds op dat 150 miljoen euro wil ophalen om in Belgische ruimtevaart- en defensietechnologie te investere...De Tijd Defensie & Ruimtevaart · 6 Apr 2026
• Techfonds Smartfin pompt bijna 20 miljoen euro in Nederlands onlineplatform voor mentaal welzijn30/03 OpenUp, een Nederlands digitaal platform waar werknemers terechtkunnen met problemen op het vlak van mentale gezondheid, haalt 20 miljoen euro op voor een Europese groeispurt. Smartfin Capital, het fo...De Tijd Diensten · 30 Mar 2026

Alumni 1 went on to found or lead

• Bert BaeckPartner @ Smartfin Capital→CEO at Timeseer.AI

Backers

• Jurgen Ingels

  Jurgen Ingels is Managing Partner at Smartfin, one of Belgium's leading tech-focused Venture Capital funds, and a well-known entrepreneur and investor in the Belgian ecosystem.

• PKristof Vande Capelle

  Kristof Vande Capelle is CFO at Gimv.

Related profiles

• Jurgen IngelsRelated

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