Belgium · Investor

Smartfin

Last cheque observed Oct 2026; 15 cheques on record.

VC firmDeploying nowLast fund $280M, Jan 2025

SeedSeries ASeries BB-to-bB2BSmall And Medium Business

Deploying now
100%of best year6cheques in 12 months, 15 on record
Since the last cheque30days00hrs00min00sec
Median round$13MCheque size, as they say$1.0M – $20MRounds led5 of 15Sole investor4 roundsMostly inBelgium, 57%
Pitch Smartfin

Smartfin highlights

  1. 01

    6 cheques in the last 12 months

  2. 02

    Mostly Series A and Growth: 64% of its rounds

  3. 03

    Sole investor in 4 rounds, median $2.3M

What they do

Venture capital fund focussing on European B2B technology companies.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$1.0M – $20M as they say
Stages
SeedSeries ASeries BGrowth
Sectors
B-to-bB2BSmall And Medium Business
Based in
Brussels, Belgium
Cold pitches
Accepted

The record

Every round we can evidence, newest first15 appearances

  1. 2026

    6 rounds

  2. Oct
    HadrianSeries B · NL · Smartfin$40MLed
  3. Sept
    MarbleSeries A · Smartfin$7.4MLed
  4. Jul
    AuditstageSeed · BE · Smartfin$2.3MLed
  5. Jul
    BrightAnalyticsGrowth · BE · SmartfinUndisclosedWith 2 others
  6. Jun
    TimefoldSeries A · BE · Smartfin$13MWith 3 others
  7. Feb
    IncardSeries A · GB · Smartfin$13MLed
  8. 2025

    1 round

  9. Sept
    SequestoGrowth · BE · Firms' own news pages$3.0MWith 1 other
  10. 2024

    1 round

  11. Nov
    emmaSeries A · LU · RTP Global$17MLed
  12. 2019

    1 round

  13. Apr
    DeliverectBE · Siliconcanals$3.4MWith 1 other
  14. 2017

    1 round

  15. Dec
    NgdataSeries C · BE · FinSMEs$19MWith 4 others
  16. 2015

    2 rounds

  17. Oct
    NGDATASeries B · BE$10MWith 3 others
  18. Sept
    Ancoa SoftwareSeries A · GB$6.4MWith 3 others
  19. 2014

    3 rounds

  20. Dec
    NGDATABE$2.5MSole investor
  21. Dec
    Ancoa SoftwareGBUndisclosedSole investor
  22. Dec
    DivitelNL$1.8MSole investor

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.

The team

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

1 LP on record in Smartfin's funds

Funds
1

The institutions that put money into its funds, which the firm then invests in companies.Source: fund news.

What they claim to have backed

From their own portfolio page (on their website)

23 of 38 we have independently watched raise

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.

Recently backed

The latest companies Smartfin put money into.

Quick answers about Smartfin

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.

How active is Smartfin?

15 investments on record, 6 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.

What has Smartfin invested in recently?

Its most recent investments on record: Hadrian (Series B, Oct 2026), Marble (Series A, Sept 2026) and Auditstage (Seed, Jul 2026).

How big are Smartfin's cheques?

The median round it joins is $13M. It says it writes cheques of $1.0M to $20M.

Does Smartfin lead rounds?

Yes: it led 5 of its 15 investments on record (33%).

Where does Smartfin invest?

Most of the companies it backs are in Belgium (57%), the United Kingdom (21%) and the Netherlands (14%).

Is Smartfin investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

What kind of investor is Smartfin?

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