Top Startups / July 13, 2021
Asaf Fybish

Asaf Fybish is a growth marketing professional. He likes all things organic, especially when it comes to growth. He's our Chief of Stash at StartupStash

Top Belgium Startups to Watch in 2021

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 in 2019.

1. Showpad

Year Founded: 2011

HQ: Ghent, Belgium

Size: 251-500

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 client's 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: 101-250

Founder(s): Jan Hollez, Jelte Vrijhoef, Jerome Laredo, Zhong Xu

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 delivery firms.

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 three years.

3. Drawbotics

Year Founded: 2014

HQ: Brussels, Belgium

Size: 51-100

Founder(s): Axel Guzman, Stanislas Boyet, Xavier Claes

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 500,000 Euros.

4. Qover

Year Founded: 2016

HQ: Brussels, Belgium

Size: 51-100

Founder(s): Jean-Charles Velge, Quentin Colmant

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 and abroad.

5. Guardsquare

Year Founded: 2014

HQ: Leuven, Belgium

Size: 51-100

Founder(s): Eric Lafortune, Heidi Rakels

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 the moment.

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 isn't bad for a single investor.

6. Cashforce

Year Founded: 2013

HQ: Antwerp, Belgium

Size: 51-100

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 complete picture.

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 $9.1 Million.

7. WeGroup

Year Founded: 2017

HQ: Ghent, Belgium

Size: 11-50

Founder(s): Arvid De Coster, Bjorn Vuylsteker, Rémi 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 for clients.

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 Million Euros

8. CitizenLab

Year Founded: 2015

HQ: Brussels, Belgium

Size: 11-50

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: 101-250

Founder(s): Adrien Roose, Karim Slaoui, Tanguy Goretti

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 in 2017.

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 $47 Million.

10. Cohabs

Year Founded: 2016

HQ: Brussels, Belgium

Size: 11-50

Founder(s): François Samyn, Youri Dauber

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: 11-50

Founder(s):  David Frenay

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 its use.

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: 1-10

Founder(s): Ashesh Ambasta, Jean-Charles Vanderlinden, Pablo Castiel Gazier, Quentin De Smedt

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: 11-50

Founder(s): Matthew Van Niekerk, Roderik van der Veer

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 it grow.

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 funding rounds.

14. Mealhero

Year Founded: 2018

HQ: Ghent, Belgium

Size: 11-50

Founder(s): Anton Claeys, Jeroen Spitaels, Steven Debaere

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 company's 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: 11-50

Founder(s): Lorenz Bogaert, Nicolas Van Eenaeme, Toon Coppens

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 in Belgium.

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 startup funding.

16. ListMinut

Year Founded: 2013

HQ: Brussels, Belgium

Size: 11-50

Founder(s): Christophe Kalbfleisch, Jonathan Schockaert, Sébastien 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 their day.

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 company's rapid growth in recent years.

17. Sortlist

Year Founded: 2014

HQ: Wavre, Belgium

Size: 11-50

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 in 2017.

18. Loop Earplugs

Year Founded: 2016

HQ: Antwerp, Belgium

Size: 1-10

Founder(s): Dimitri O, Maarten Bodewes

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 stands out.

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 Million Euros.

19. Bsit

Year Founded: 2015

HQ: Brussels, Belgium

Size: 11-50

Founder(s): Dimitri De Boose

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 the app.

20. Lindacare

Year Founded: 2013

HQ: Brussels, Belgium

Size: 11-50

Founder(s): Shahram Sharif

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 sniff at.

21. ExploreShare

Year Founded: 2015

HQ: Brussels, Belgium

Size: 11-50

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 in 2019.

Top Belgium Startups to Watch...
Asaf Fybish

Asaf Fybish is a growth marketing professional. He likes all things organic, especially when it comes to growth. He's our Chief of Stash at StartupStash

🚀 Stay ahead of the game

Subscribe to our weekly stash newsletter to receive the best resources, products and discounts!