# NGDATA funding: rounds and investors

> NGDATA has raised $47M across 6 rounds since 2012. Investors include Smartfin, Plug and Play and Idinvest Partners. Every round with its source.

Source: https://millionrounds.com/company/ngdata (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Series C startup](https://millionrounds.com/companies)

# Who invested in *NGDATA*

6 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$47M** raised across 6 rounds since 2012, from 8 sources

**$2.5M** Seed **$3.3M** Series A **$2.5M** Round **$10M** Series B **$9.4M** Series B **$19M** Series C

- **Latest round:** Series C, $19M Dec 2017
- **Step-up i:** 2×
- **Investors:** 11

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2014 2015 2016 2017

**$2.5M** Seed

**$3.3M** Series A

**$2.5M** Round

**$10M** Series B

**$9.4M** Series B

**$19M** Series C

- **First round:** Seed, $2.5M
- **Biggest round:** $19M
- **Usual gap between rounds:** 12 months

## The rounds

- **Dec 2017** Series C **$19M** *4 new* *1 returning* [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) [Smartfin](https://millionrounds.com/fund/smartfin) [Pamica](https://millionrounds.com/fund/pamica) HPE Growth Capital/ Idinvest Nausicaa Reported by FinSMEs and 1 other
- **Jan 2017** Series B **$9.4M** *1 returning* [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) Reported by FinSMEs and 1 other
- **Oct 2015** Series B **$10M** *2 new* *2 returning* [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) [Smartfin](https://millionrounds.com/fund/smartfin) [Nausicaa Ventures](https://millionrounds.com/fund/nausicaa-ventures) From a historical funding record
- **Dec 2014** Round **$2.5M** *1 new* [Smartfin](https://millionrounds.com/fund/smartfin) From a historical funding record
- **Sept 2013** Series A **$3.3M** *1 new* *2 returning* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) [Sniper Investments](https://millionrounds.com/fund/sniper-investments) Reported by techcrunch.com
- **Oct 2012** Seed **$2.5M** *3 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [ING Group](https://millionrounds.com/fund/ing-group) [Sniper Investments](https://millionrounds.com/fund/sniper-investments) Reported by venturebeat.com

## Founders and team

From NGDATA's own website: 5 on the team.

- **Doug Gross** Chief Executive Officer
- **Geert Crombez** Chief Technology Officer
- **Jens Ponnet** Chief Growth Officer
- **Erika Solomon** Head of Global Finance
- **Michel Akkermans** Executive Chairman

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Series A** 2013 **Round** 2014 **Series B** 2015 **Series B** 2017 **Series C** 2017 [Smartfin](https://millionrounds.com/fund/smartfin) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) [Sniper Investments](https://millionrounds.com/fund/sniper-investments) [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) [ING Group](https://millionrounds.com/fund/ing-group) [Nausicaa Ventures](https://millionrounds.com/fund/nausicaa-ventures) [Pamica](https://millionrounds.com/fund/pamica) HPE Growth Capital/ Idinvest

## Everyone who backed them

[Smartfin](https://millionrounds.com/fund/smartfin) VC firm **3** rounds

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds

[Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) Private equity **2** rounds

[Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) VC firm **2** rounds

[Sniper Investments](https://millionrounds.com/fund/sniper-investments) Investment firm **2** rounds

[Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group) Family office **1** round

[ING Group](https://millionrounds.com/fund/ing-group) Growth equity **1** round

[Nausicaa Ventures](https://millionrounds.com/fund/nausicaa-ventures) Growth equity **1** round

[Pamica](https://millionrounds.com/fund/pamica) Private equity **1** round

HPE Growth Capital/ Idinvest no record of our own yet **1** round

Nausicaa no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ngdata).

## Also claim to have backed them

This firm lists NGDATA as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Pamica NV](https://millionrounds.com/fund/pamica-nv) VC firm Per its own site

## Quick answers about NGDATA

### Who invested in NGDATA?

NGDATA's investors include Smartfin, Plug and Play, Idinvest Partners, Capricorn Partners and Sniper Investments, and 6 more on record.

### How much has NGDATA raised?

NGDATA has raised $47M across 6 rounds since 2012.

### When did NGDATA last raise?

NGDATA's most recent round was a Series C of $19M in Dec 2017.

### What was NGDATA's biggest round?

Its most recent round, $19M in Dec 2017, is also its largest on record.

### Who backed NGDATA first?

NGDATA's first round on record, in Oct 2012, was backed by Plug and Play, ING Group and Sniper Investments.

### What stage is NGDATA at?

NGDATA's latest named round is a Series C, in Dec 2017.

### Where is NGDATA based?

NGDATA is based in Belgium.

## Companies like NGDATA

In the same sector, and raised in the last eighteen months.

[**Tekst** $14M · May 2026](https://millionrounds.com/company/tekst)[**Coultreon Biopharma** $125M · Apr 2026](https://millionrounds.com/company/coultreon-biopharma)[**Innocens** $1.7M · Dec 2025](https://millionrounds.com/company/innocens)[**Aspect Analytics** $12M · Sept 2025](https://millionrounds.com/company/aspect-analytics)[**Logicash** $12M · Sept 2025](https://millionrounds.com/company/logicash)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)

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