We recently released our list of the Top Belugium Startups To Watch in2022.
Belgium is experiencing good growth in its startup market at the moment, with Belgian startups reportedly poised for international expansion to overcome the limiting factor of a small population. This is good news from a country that keeps producing top startups, despite that factor. This also shows that the country is likely to start exporting and even retaining more unicorns as more companies focus on international markets.
Prior to the COVID-19 pandemic, everything looked perfect for Belgium. The number of startups in the country increased by 4% between 2018 and 2019. In addition to this, 90% of startup owners in the country have said that Belgium is a great place to do business. Finally, the actual investment into Belgian startups has been steadily growing and it increased from 353 Million Euros in 2018, to 495 Million Euros in2019.
We recently released our list of the Top Belugium Startups To Watch in2022.
1. Showpad
Year Founded: 2011
HQ: Ghent, Belgium S
ize: 251500
Founder(s): Louis Jonckheere, Peter Minne, Pieterjan Boute
Showpad is a Belgian startup that was founded in 2011 and is currently based in Ghent, Belgium. The company provides a software solution that uses a variety of analytics data and other features in order to better drive the performance of their clients sales teams. The company seems to have a great culture too as it was listed as a Best Workplace on a list made by Inc Magazine.
The company has managed to make a significant amount of money from startup funding since being founded a decade ago. This was made by six investors and the company managed to claw in a total of $159.9 Million. The startup from Belgium has also managed to make a number of acquisitions, with a total of six being recorded.
2. Deliverect
Year Founded: 2018
HQ: Ghent, Belgium
Size: 101250
Founder(s): Jan Hollez, Jelte Vrijhoef, Jerome Laredo, ZhongXu
Deliverect is one of the most exciting startups in Belgium, having been founded three years ago and it is currently based in Ghent, Belgium. The company provides a software solution that allows restaurants to integrate deliveries from their online orders into their POS system. This makes the whole payment and processing process a lot simpler for the business by integrating with well-known deliveryfirms.
The company has attracted startup funding from a variety of sources, numbering eight. This led to the startup raising a large sum of money to further its growth and development in existing and new markets. In total, this investment reached an amount of $86.8 Million, which is a considerable amount to bring in, especially in threeyears.
3. Drawbotics
Year Founded: 2014
HQ: Brussels,
Belgium Size: 51100
Founder(s): Axel Guzman, Stanislas Boyet, XavierClaes
Drawbotics is a Belgian startup that was founded in 2014 and is currently working in Brussels, Belgium. The company operates a marketplace that allows real estate companies to fulfill their marketing and communications needs. The company aims to make the whole process from lead generation to deal closing, as easy as possible.
The company has not heavily sought out funding since being founded seven years ago, although the startup has still managed to gain some growth funding. This was achieved through the actions of a sole investor and totaled an amount of 500,000Euros.
4. Qover
Year Founded: 2016
HQ: Brussels, Belgium
Size: 51100
Founder(s): Jean-Charles Velge, QuentinColmant
Qover is one of the leading providers of financial products from Belgium startups. The firm was founded six years ago and currently operates from the capital city of the country. They make it easier and fairer for people to gain access to insurance by making sure that activities and offers are digitized. These solutions are also available for quoting in real-time, to ensure real accuracy.
Qover has seen a very healthy amount of investment throughout its five years of trading. So for, the business has managed to attract a large amount of funding from a group of seven investors. In total, the company managed to raise a figure of $41.7 Million to further its growth and development, hope andabroad.
5. Guardsquare
Year Founded: 2014
HQ: Leuven, Belgium
Size: 51100
Founder(s): Eric Lafortune, HeidiRakels
Guardsquare is a Belgian cybersecurity startup that was founded in 2014 and is currently based in Leuven, Belgium. Specifically, the company creates specific solutions to assist mobile developers with protecting their applications from hacking attempts and reverse engineering to look for exploits that can be used. This is why the company is a great example of a Belgium startup that is killing it at themoment.
The company has only received startup funding from a single source, that being Battery Ventures. This was spread over two funding rounds, with one taking place in 2015 and the other in 2019. The collective investment total from both of these rounds came to a figure of $29.6 Million, which isnt bad for a single investor.
6. Cashforce
Year Founded: 2013
HQ: Antwerp, Belgium
Size: 51100
Founder(s): Bart Claes, Nicolas Christiaen
Cashforce is a Belgian fintech startup that was founded in 2013 and is currently based in Antwerp, Belgium. The company provides a solution that allows companies to manage their working capital and cash forecasting for the business. This is achieved through a blend of automation and integration with other systems to provide a more completepicture.
So far, the company has managed to get a lot of people interested in it. This has led to a total of seven investors parting with their money for the sake of Cashforce. This investment has amounted to a total of $9.1Million.
7. WeGroup
Year Founded: 2017
HQ: Ghent, Belgium
Size: 1150
Founder(s): Arvid De Coster, Bjorn Vuylsteker, Rmi Wildschut
WeGroup is a Belgian startup that was founded four years ago and is currently based in Ghent, Belgium. The company works in the insurance tech sector and attempts to help insurance providers to connect with their customer more through the use of digital methods. The main tool that they offer is their virtual assistant, which ends up saving a lot of time and money forclients.
WeGroup has had an impressive start to life since being founded four years ago. The company has grown and this has necessitated startup funding as a way to stimulate that continued growth. This led to the company seeking out investment, which was found in a duo of investors. This investment came to a figure of 4.4 MillionEuros.
8. CitizenLab
Year Founded: 2015
HQ: Brussels, Belgium
Size: 1150
Founder(s): Aline Muylaert, Koen Gremmelprez, Wietse Van Ransbeeck
CitizenLab is a Belgian startup that is aiming to make life easier for local governments. The company was founded six years ago and is currently based in Brussels, Belgium. The company operates a platform that allows local governments to measure and identify points of citizen engagement. This helps them to make better choices based on the feelings and beliefs of their constituents.
The company has received backing from a large number of investors, with the actual total investor being ten. This has resulted in the startup managing to gain a total of $3.5 Million to further build and develop their platform and business operations.
9. Cowboy
Year Founded: 2017
HQ: Brussels, Belgium
Size: 101250
Founder(s): Adrien Roose, Karim Slaoui, TanguyGoretti
Cowboy is a startup that was founded four years ago and is currently based in Brussels, Belgium. The company is one of the main up-and-coming designers and manufacturers of electric bikes that are perfectly tailored for those living in urban environments. The company has expanded rapidly since it was founded in2017.
The company has attracted a lot of buzz from investors, with the company managing to convince a massive eighteen investors to pour their money into the project. This has resulted in the company managing to gain startup funding of $47Million.
10. Cohabs
Year Founded: 2016
HQ: Brussels, Belgium
Size: 1150
Founder(s): Franois Samyn, YouriDauber
Cohabs is a real estate startup that was founded five years ago and is currently based in Brussels, Belgium. The company operates a platform that allows its users to search for and eventually live in a variety of shared living spaces. This is perfect for those that enjoy the nomad lifestyle, but still want to save money on one of the biggest expenses.
The startup has managed to raise a massive amount of startup funding in its five years of trading. The actual total of this funding amounted to a figure of $88.7 Million- which is an amazing result in five years. This funding was achieved through a group of five investors.
11. Medispring
Year Founded: 2018
HQ: Brussels, Belgium
Size: 1150
Founder(s): DavidFrenay
Medispring is a startup that was founded three years ago and is currently based in Brussels, Belgium. The company creates software to help doctors better order patient records and also help them to provide a better quality of care overall. The software itself is advised on by doctors, which ensures that problems in the profession that matter is being solved through itsuse.
The company has managed to raise a respectable amount of startup funding since being founded in 2018. The company conducted a successful Seed Funding Round in December 2018 and managed to raise a total of 1 Million Euros. This money will go a long way to developing the business.
12. CentralApp
Year Founded: 2014
HQ: Brussels, Belgium
Size: 110
Founder(s): Ashesh Ambasta, Jean-Charles Vanderlinden, Pablo Castiel Gazier, Quentin DeSmedt
CentralApp is a startup that was founded in 2014 and is currently based in Brussels, Belgium. The company manages a platform that allows the owners of small businesses to make sure that they are getting seen on the internet. The company is even working with some large corporations, which shows that its offering has a large number of benefits.
The company has managed to attract some startup funding since it was founded in 2014, with a total of 500,000 Euros being raised by the Belgium startup in 2016 to further the development of its marketing platform.
13. SettleMint NV
Year Founded: 2016
HQ: Leuven, Belgium
Size: 1150
Founder(s): Matthew Van Niekerk, Roderik van derVeer
SettleMint is a blockchain startup that was founded in 2016 and is currently working in Leuven, Belgium. The company offers a solution that makes it easier for developers to create integrations for blockchain technology. This makes life a lot easier for the developers and also ensures that the blockchain market has another resource to help itgrow.
So far, the company has managed to raise startup funding from a trio of investors in its five years of trading. This startup funding amounted to a total of $5.9 Million across a total of four fundingrounds.
14. Mealhero
Year Founded: 2018
HQ: Ghent, Belgium
Size: 1150
Founder(s): Anton Claeys, Jeroen Spitaels, StevenDebaere
Mealhero is a food technology startup that was founded three years ago and is currently based in Ghent, Belgium. The company offers a list of forty weekly recipes for customers to choose from and ingredients are then sent over, which allows the customer to cook the meal and get the satisfaction of doing it themselves.
The companys last round of funding was conducted in November 2020 and in total, the company has managed to raise $3.5 Million in startup funding to improve its business operations and recipe platform.
15. Realo
Year Founded: 2014
HQ: Ghent, Belgium
Size: 1150
Founder(s): Lorenz Bogaert, Nicolas Van Eenaeme, ToonCoppens
Realo is a startup that was founded seven years ago and is currently based in Ghent, Belgium. The company operates a platform driven by data that allows both buyers/renters and sellers/landlords to see insights about locations, buildings, and other metrics so everyone can make the right decisions. This makes the company one of the most exciting startups inBelgium.
The company has managed to receive a lot of faith and trust from investors since being launched in 2014. The company was invested in by a total of eight investors. These investors pooled together a total of $3 Million in startupfunding.
16. ListMinut
Year Founded: 2013
HQ: Brussels, Belgium
Size: 1150
Founder(s): Christophe Kalbfleisch, Jonathan Schockaert, Sbastien Scoumanne
ListMinut is a startup that was founded in 2013 and is currently headquartered in Brussels, Belgium. The company operates a platform that connects people with individuals for odd jobs that they need handling like babysitting, garden, washing a car, and many more. This makes it easy for people to get time-consuming tasks done, or have more flexibility in theirday.
The company has managed to attract investment from a sole investor since being founded. This funding amounted to 1.4 Million Euros, which was spread across three rounds of funding. This has been largely responsible for the companys rapid growth in recentyears.
17. Sortlist
Year Founded: 2014
HQ: Wavre, Belgium
Size: 1150
Founder(s): Charles De Groote, Michael Valette, Nicolas Finet, Thibaut Vanderhofstadt
Sortlist is a marketing startup that was founded in 2014 and is currently based in Wavre, Belgium. The company operates a solution that helps the marketing managers of various companies to get in contact with digital partners that can cater to their specific needs. This helps these companies to get success out of their digital marketing campaigns.
The company has been quite active in achieving startup funding, with a total of four investors pledging their cash to the company. As a result of this, the business has managed to amass 2.6 Million Euros. The business has also been active in the acquisitions market when it bought another company in2017.
18. LoopEarplugs
Year Founded: 2016
HQ: Antwerp, Belgium
Size: 110
Founder(s): Dimitri O, MaartenBodewes
Loop Earplugs is a startup that was founded in 2016 and is currently based in Antwerp, Belgium. The company is the creator of a new type of earplug headphone that reduces the decibel exposure on the ear, which makes sure that potential damage is kept to a minimum when they are being worn. The earplugs also come with a stylish and unique look that standsout.
The company has managed to gain investment from a trio of investors to help them continue developing their product lines and the business. This total investment came to a collective figure of 1.3 MillionEuros.
19. Bsit
Year Founded: 2015
HQ: Brussels, Belgium
Size: 1150
Founder(s): Dimitri DeBoose
Bsit is a startup that was founded six years ago and is currently based in Brussels, Belgium. The company operates an app that allows its customers to get into contact with caregivers for children, like nannies and babysitters in a convenient manner. These individuals are recommended by other users and friends to ensure that the customers have a positive experience.
Since 2015, the company has managed to achieve a respectable amount of startup funding. This was achieved through the combined efforts of two investors, who put a collective 3 Millon Euros of their money into theapp.
20. Lindacare
Year Founded: 2013
HQ: Brussels, Belgium
Size: 1150
Founder(s): ShahramSharif
LindaCare is a healthcare startup that was founded in 2013 and is currently based in Brussels, Belgium. The company aims to make changes to healthcare by improving the quality of telemonitoring and observation. This will reduce the costs of healthcare and also improve the quality of care that is being received by patients within medical facilities.
The company has managed to raise a notable amount of startup funding since being founded eight years ago. In total, this investment came to a figure of 8.6 Million Euros, which is nothing to sniffat.
21. ExploreShare
Year Founded: 2015
HQ: Brussels, Belgium
Size: 1150
Founder(s): Gauthier Poncelet, Nicolas Vandepaer
ExploreShare is a travel startup that was founded in 2015 and is currently based in Brussels, Belgium. The startup operates a marketplace that advertises activities and outdoor trips to the public. These are facilitated by qualified and competent guides to ensure that the safety of all travelers is maintained.
The company has managed to attract some startup funding to further and develop its growth as a business. This came in the form of a 1 Million Euro investment that came during a Seed Funding Round that was conducted in2019.
Originally published at https://startupstash.com.
German Startups That Bloomed in 2021 was originally published in Startup Stash on Medium, where people are continuing the conversation by highlighting and responding to this story.
