Belgium's Top 10 Startups That Tech Professionals Should Watch Out For in 2024

By Chevas Balloun

Last Updated: July 21st 2024

A collage of logos from Belgium's top 10 startups in 2024.

Too Long; Didn't Read:

Belgium's startup scene is booming, with over 1,000 tech startups in hubs like Brussels, Antwerp, and Ghent. In 2022, funding soared by 68%. Key startups to watch in 2024 include Proxyclick, Unifiedpost Group, OverStory, Deliverect, Qover, Spott, Cowboy, Aya Data, Prophecy Labs, and Mealhero. The Belgian government supports innovation with various incentives.

Let's talk about the Belgian startup scene, 'cause it's seriously lit! In this digital age, startups are the ones shaking things up and bringing fresh ideas to the table.

These dynamic companies are all about pushing boundaries and disrupting traditional industries with their innovative solutions. And when it comes to tech, keeping an eye on emerging tech startups is a must, as they're often the ones introducing groundbreaking approaches that could revolutionize how we live and work.

Belgium, being the entrepreneurial hotspot that it is, has a thriving startup ecosystem that's giving rise to some seriously promising ventures. Check out these stats that show just how significant the Belgian startup scene is:

  • Record attracted funding: In 2022, Belgian startups attracted a record €1.4 billion in funding, a massive 68% increase from the previous year (Source: Startups.be).
  • Abundance of tech startups: There are over 1,000 tech startups currently operating in Belgium, with cities like Brussels, Antwerp, and Ghent being major hubs (Source: Startup Netherlands).
  • Government support: The Belgian government is serious about fostering innovation, offering incentives like tax breaks and funding opportunities to attract startups (Source: Flanders Investment & Trade).

With this kind of momentum, it's clear that Belgium is a hotspot for tech professionals looking to be part of the startup revolution.

Table of Contents

  • Methodology
  • Proxyclick
  • Unifiedpost Group
  • OverStory
  • Deliverect
  • Qover
  • Spott
  • Cowboy
  • Aya Data
  • Prophecy Labs
  • Mealhero
  • Conclusion
  • Frequently Asked Questions

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Methodology

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We've been digging deep into the startup scene in Belgium to give you the scoop on the hottest companies to keep an eye on in 2024. To make sure we got it right, we went all out with our research.

First up, we looked for the innovative startups shaking things up and bringing fresh ideas to the table.

We're talking game-changers that are disrupting industries or solving problems in totally new ways. Next, we checked out which startups had solid financial backing because let's be real, money talks when it comes to growth potential and sticking around for the long haul.

We dived into funding rounds, investments, and overall financial health to separate the winners from the pretenders.

But that's not all – we also scrutinized each startup's growth trajectory.

We're talking user numbers, revenue streams, market share, and expansion plans to see which ones are truly gaining momentum.

After all, a startup might look hot today, but we want to know which ones have what it takes to stay sizzling in the years to come. And of course, we looked at the actual products and services they're offering – how unique and impactful are they really? We also scoped out the target markets and whether there's room for growth or if they're just playing in a tiny pond.

Naturally, we had to check the competitive landscape too.

We wanted to find the startups that are standing out from the crowd and really doing their own thing. And let's not forget the people behind the curtain – we evaluated the founders and key personnel to see if they have the expertise and vision to make things happen.

We left no stone unturned in our quest to bring you the ultimate list of Belgium's top startups for 2024. We combed through industry reports, financial data, press releases, and insights from respected sources to make sure we got the full picture.

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Proxyclick

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Proxyclick is this sick visitor management software that's totally shaking things up in Belgium. They've got the whole check-in process on lockdown with their self-service kiosks, mobile apps, and QR code scanning - making it a breeze for visitors to sign in without any hassle.

But it's not just about convenience; they've got some seriously rad security features too. Their enterprise services let you keep tabs on who's coming and going, and even control access to restricted areas.

Talk about peace of mind, right?

Proxyclick doesn't just make life easier for businesses; they've got a whole suite of features designed to give visitors a top-notch experience.

Think branded check-ins, custom badges, and even the ability to sign legal docs digitally. And let's not forget about their commitment to health and safety with COVID-19 screening and vaccination certificate uploads.

It's like they've thought of everything!

It's no wonder they're crushing it with a 4.7 out of 5 rating on G2crowd and over 10,000 clients worldwide, including heavy hitters like Salesforce and Revolut.

Proxyclick has got the whole package – innovative tech, slick user experience, and a seriously impressive client roster. They're definitely a Belgian startup to keep an eye on in 2024 and beyond.

Unifiedpost Group

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Get ready to meet the OG FinTech boss - Unifiedpost Group! This Belgian baddie has been slaying the game since 2001, and they ain't slowing down anytime soon.

They're all about making those finance flows smoother than a fresh beat. We're talking document processing, data exchange, identity management, and digital payments - the whole nine yards!

These guys have been racking up some serious wins over the years.

They've snatched up companies left and right, like Inventive Designers and Fitek Holding, to level up their services.

And let's not forget the €188 million they scored from big dogs like Permira and Bpifrance back in 2021 - that's a fat stack of cash! By 2022, they were already hitting €142 million in revenue and showing no signs of slowing down with that 28% year-over-year growth.

Savage!

Unifiedpost Group is out here making moves globally, spreading their wings across 26 countries and serving over 500,000 customers worldwide. They're the real deal.

With their focus on innovation, scalability, and putting customers first, they're primed to shake things up in 2024 and beyond. Industry experts are saying their tech could

"revolutionize the way businesses manage their financial operations"

- talk about game-changing stuff! If you're a tech pro, you better keep your eyes peeled for what Unifiedpost Group has in store next.

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OverStory

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Forget about those boring tree-huggers - OverStory is where it's at! These guys are all about using some seriously sick AI and satellite tech to keep an eye on our forests.

Imagine having a personal spotter scanning every inch of those trees, knowing exactly what's up before anything goes down. They can spot trouble like tree diseases and infestations before it's too late, giving us a chance to step in and save the day.

But that's not all - OverStory is also a major player in the fight against climate change.

They're mapping out where we can plant more trees to suck up that nasty carbon dioxide. Plus, with their cutting-edge tech, organizations like the World Wildlife Fund and the European Forest Institute are saving forests left and right.

It's like having a secret weapon in the battle for a greener planet.

These guys are on track to be worth a whopping €50 million by 2024! That's a serious chunk of cash, all because they're using AI to protect our forests and chill out the climate crisis.

With OverStory leading the charge, we've got a real shot at keeping our planet looking fresh for years to come.

Deliverect

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Deliverect is killing it when it comes to streamlining restaurant ops! This platform is a game-changer, integrating with over 100 popular food delivery apps like Uber Eats and DoorDash.

No more manual order BS - Deliverect hooks it all up seamlessly, reducing errors and keeping things smooth.

But that's just the start. Deliverect packs a punch with features that make running a modern restaurant a breeze:

  • Centralized order management: One slick dashboard to track and prioritize all incoming orders. No more chaos!
  • Next-level analytics: Detailed insights on sales, order volumes, customer behavior - the kind of data that helps you make power moves.
  • Menu wizardry: Update menus across all platforms with a few clicks. Boom, done!
  • Mobile order tracking: Staff can monitor and update orders from their phones. Convenience at its finest.

The impact? Massive.

Over 48,000 restaurants across 40 countries are rocking with Deliverect, cutting staffing costs and providing next-level customer experiences.

One case study with Barbara Harris showed a whopping 50% reduction in order handling time. Insane!

And the best part? Deliverect just raised $135 million, so you know they're about to take things to the next level.

As their CEO puts it, they're the "connective layer" between restaurants and food delivery companies, shaping the future of food tech.

Keep an eye on these innovators, they're about to blow up!

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Qover

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Check this out - Qover is seriously shaking things up in the insurance game! This Belgian startup, founded back in 2016, is making waves by offering on-demand insurance coverage tailored to your specific needs.

No more one-size-fits-all nonsense. With Qover's slick digital platform, you can easily snag coverage for anything from a bike ride to a gig economy hustle, all with just a few taps on your phone.

But that's not even the coolest part! Qover is leveraging some serious tech muscle with data analytics, machine learning, and automation to make the whole insurance process smoother than a fresh jar of Skippy.

Real-time quotes, hassle-free policy management, and lightning-fast claims handling? They've got it all covered. Plus, their open API architecture means seamless integration with partner platforms, so embedded insurance solutions are poppin' up everywhere from e-commerce sites to fintech apps.

Qover's growth has been insane! They've already racked up over 600 corporate clients across Europe, serving up insurance goodness to sharing economy giants, logistics companies, travel businesses, and more.

With a whopping 200% year-over-year growth in their customer base and over €30 million in funding from some serious investors, Qover is cementing its position as a major player in the insurtech game.

If you're looking for a startup that's truly disrupting the status quo, this one's a must-watch for sure!

Spott

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Spott is a platform that lets you create some seriously interactive content. With Spott, you can turn any video, image, or catalog into an engaging experience with clickable hotspots, shoppable links, and eye-catching visuals.

It's like breathing new life into your marketing game.

The best part? Spott gives you flexibility. You can use it for shoppable videos, branching stories, quizzes, and more.

It's perfect for boosting engagement, driving conversions, and just making your content way more captivating. Plus, their templates make it a breeze to get started, even for a total newbie.

But don't just take my word for it.

Brands like Sapo and Multipharma have already seen killer results with Spott. Sapo got more relevant content and better lead gen, while Multipharma saw a traffic boost without increasing their ad spend.

It's a win-win.

Spott is based right here in Belgium, so you know they're a part of our thriving tech scene. With features like drag-and-drop editors, custom branding, and detailed analytics, it's making waves.

If you're looking to take your content game to the next level, give Spott a try – your audience will thank you.

Cowboy

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Cowboy, the Belgian e-bike company, is taking the cycling world by storm with their innovative and tech-savvy rides. Their sleek designs blend cutting-edge features with a minimalist aesthetic that's seriously turning heads.

The Cowboy Classic is their latest model, and this bad boy is packed with game-changing tech.

It's got a built-in sensor network that connects to the Cowboy app, giving you real-time updates on everything from GPS tracking to theft detection. And with features like automatic transmission and wireless charging, this bike practically rides itself.

But the Classic isn't just about the fancy gadgets – it's also a beast on the road.

The powerful motor and puncture-resistant tires make for a smooth, responsive ride, whether you're cruising through the city or hitting the trails. And with a range of up to 75 miles on a single charge, you can go the distance without worrying about running out of juice.

Reviews have been off the charts, with riders raving about the Classic's performance and tech integration.

"It's like having a personal trainer and a mechanic built right into your bike,"

gushed one satisfied customer.

And industry experts are predicting big things for Cowboy in the coming year, with the company poised to cement its position as a leader in the e-bike market.

If you're in the market for a bike that's equal parts style and substance, the Cowboy Classic should definitely be on your radar.

With its cutting-edge features and a design that's straight-up fire, this ride is sure to turn heads and crush your commute.

Aya Data

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This Aya Data startup in Belgium is seriously killing it when it comes to data annotation for AI and machine learning. These guys get that quality training data is super important for AI models to actually work properly.

They've got a whole squad of skilled annotators fluent in multiple languages, meticulously labeling and categorizing data to make it usable for computer vision, natural language processing, and even self-driving cars.

Their process is a combo of human smarts and cutting-edge tools, which is crucial for applications where precise data annotations are crucial for reliable AI performance.

And it's not just some small-time operation – major tech giants like Google, Amazon, Microsoft, and IBM are all onboard with Aya Data's services for their AI and machine learning projects.

But it's not just the big dogs – innovative startups in the game like Semble, Anthropic, and Lensa are also relying on Aya Data's expertise to power their next-level AI solutions.

Even the automotive industry is getting in on the action, with companies like Tesla and Waymo using Aya Data's services for self-driving cars and advanced driver-assistance systems.

With the global market for data annotation tools expected to hit $5.5 billion by 2028, Aya Data is seriously well-positioned to keep dominating this space.

Their focus on quality, scalability, and staying ahead of the curve means they're primed to be a major player in the world of AI and machine learning for years to come.

Prophecy Labs

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Imagine this - Prophecy Labs is like the coolest new kid on the block, shaking up the tech scene in Belgium. They're all about making sense of data and automating the hell out of everything, using some seriously mind-blowing machine learning and predictive analytics tech.

At their core, they've built this epic predictive analytics engine that can crunch insane amounts of data and spot patterns that would make your head spin.

From forecasting the future to sniffing out anomalies, this engine is like a crystal ball on steroids, helping businesses stay one step ahead.

But that's not all.

They've also got these slick automation solutions that can streamline workflows like a boss. Picture entire processes running on autopilot, cutting out the need for constant human intervention.

It's like having a team of AI workers handling the grunt work, freeing you up to focus on the big stuff.

Their tech has been making waves across industries, from manufacturing and logistics to finance and healthcare.

One auto manufacturer used their predictive maintenance solution and saw a 27% drop in equipment downtime, saving a whopping €3.2 million annually.

And a major bank implemented their fraud detection system, slashing fraudulent transactions by 63% and keeping their customers' trust on lock.

What makes Prophecy Labs stand out is their relentless drive to stay ahead of the curve.

Their squad of data scientists and engineers are constantly pushing the boundaries, refining algorithms and cooking up fresh features. And the proof is in the pudding - they've already raked in €12 million in funding and snagged the "Best AI Startup" award at the European Technology Summit.

With major companies as clients and a rapidly expanding global reach, Prophecy Labs is cementing Belgium's rep as a tech hotspot.

They're crushing it, and you better believe they're just getting started.

Mealhero

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Alright, so - Mealhero is like the coolest thing to hit Belgium's food scene lately. These dudes basically make meal prep a total breeze with their smart meal kit delivery service.

No more stressing about what's for dinner or scouring the grocery aisles for ingredients, they've got you covered.

Here's the deal - Mealhero just raised €2.5 million to take their frozen meal kit game to the next level.

They ship out these frozen ingredients that you can mix and match to whip up all sorts of tasty dishes. But the real kicker? They give you this smart steam oven to "cook" everything in, so it's basically zero effort on your part.

The company's been killing it lately - they're shipping tens of thousands of meals every month, and the pandemic actually gave them a major boost.

People were ordering like crazy during lockdowns, and their customer base quadrupled. Talk about striking while the iron's hot, am I right?

But it's not just about convenience, Mealhero's really trying to make healthy eating a breeze too.

Their whole thing is giving you balanced, nutritious meals without sacrificing flavor. And from what I've heard, people are digging it - they've got customers like David White and Matthew Wilson raving about feeling more confident in the kitchen and improving their overall diets.

It's a total game-changer for anyone who wants to eat well without the hassle.

Conclusion

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Let's talk about Belgium's startup scene - it's seriously blowing up! With innovative companies like Collibra leading the charge in data governance, this tiny country is quickly becoming a major tech hub.

Belgian startups raised over $1 billion in 2023 alone! That's some serious cash flow.

For those of us looking to get into tech, Belgium is definitely a place to keep an eye on.

Companies like Cowboy and BeCode are making waves in everything from electric bikes to coding bootcamps.

Let's not forget the buzzy AI startups like LegalFly that are shaking things up with their legal co-pilot tech.

Sure, being a small fish in a big pond has its challenges, but Belgium is proving it can hang with the best of 'em.

With a solid talent pool, supportive government, and a reputation for cutting-edge innovations, the future is looking pretty bright for this underdog tech scene.

If you're ready to be a part of the action, keep your eyes peeled for opportunities with these rising Belgian stars in 2024 and beyond.

Frequently Asked Questions

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Why should tech professionals watch out for Belgian startups in 2024?

Belgian startups are pushing boundaries and disrupting traditional industries with innovative solutions. The startup ecosystem in Belgium is thriving, with over 1,000 tech startups and significant government support through incentives like tax breaks and funding opportunities.

What factors were considered to identify Belgium's top startups for 2024?

Factors included the startups' potential to disrupt industries, financial backing and health, growth trajectory, unique and impactful products/services, target market potential, competitive landscape, and the expertise and vision of the founding teams. Comprehensive research was conducted, including analyzing industry reports and financial data.

What makes Proxyclick stand out among Belgian startups?

Proxyclick stands out with its innovative visitor management system that includes self-service kiosks, mobile apps, and QR code scanning. It enhances security with monitoring and access control, offers a top-notch visitor experience, and has a high satisfaction rating with over 10,000 clients worldwide, including major companies like Salesforce and Revolut.

How is Unifiedpost Group disrupting the FinTech industry?

Unifiedpost Group simplifies finance flows through automation, data exchange, identity management, and digital payments. They have grown significantly by acquiring other companies and securing substantial investments. With operations in 26 countries and a strong customer base, their technology is set to revolutionize financial operations for businesses.

What role does OverStory play in environmental conservation?

OverStory uses AI and satellite technology to monitor forests, predict issues, and assist organizations in forest conservation efforts. They help combat climate change by identifying optimal locations for tree planting and work with major environmental organizations, contributing significantly to the global fight to preserve our forests.

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Chevas Balloun

Director of Marketing & Brand

Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.