What does Smartfin invest in?
Smartfin invests most often at Series A and Growth (64% of the rounds on record), in sectors such as B-to-b, B2B and Small And Medium Business.

Belgium · Investor
Last cheque observed Oct 2026; 15 cheques on record.
VC firmDeploying nowLast fund $280M, Jan 2025
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6 cheques in the last 12 months
Mostly Series A and Growth: 64% of its rounds
Sole investor in 4 rounds, median $2.3M
Venture capital fund focussing on European B2B technology companies.From their own website
Every round we can evidence, newest first15 appearances
6 rounds
1 round
1 round
1 round
1 round
2 rounds
3 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
We hold 17 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: fund news.
| Fund | Vintage | Committed |
|---|---|---|
| Smartfin Smartfin Capital III | - | - |
From their own portfolio page (on their website)
AkinonAuditstageBettyblocksDeliverectDivitelFimpleHadrianHappeoIncardItinerisLuzmoMariadbNgdataOpenupRechargeRoamlerSequestoTangoanalyticsTheglueTimefoldTimeseerWillowZivverAncoaCheckmarbleCookiedatabaseCrazygamesEyesee-researchHex-raysIdirectInvestor portalSilverfinTheoplayerUnifiedpostWITTbrightanalytics.beemma.mspayflip.be
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
The latest companies Smartfin put money into.
Smartfin invests most often at Series A and Growth (64% of the rounds on record), in sectors such as B-to-b, B2B and Small And Medium Business.
15 investments on record, 6 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.
Its most recent investments on record: Hadrian (Series B, Oct 2026), Marble (Series A, Sept 2026) and Auditstage (Seed, Jul 2026).
The median round it joins is $13M. It says it writes cheques of $1.0M to $20M.
Yes: it led 5 of its 15 investments on record (33%).
Most of the companies it backs are in Belgium (57%), the United Kingdom (21%) and the Netherlands (14%).
Yes: it is actively investing, with 6 investments in the last 12 months.
Smartfin is a VC firm based in Brussels, Belgium.
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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it