# Sherpa Invest

> Sherpa Invest is a VC fund in Brussels backing SaaS, Software and B2B. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Brussels, Belgium
- Total investments: 3
- Last investment: Jul 2022
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): https://www.twitter.com/clandestino_usr
- Website: http://www.sherpainvest.be
- Facebook: https://www.facebook.com/marc.alagem

Sherpa Invest is a VC fund in Brussels focused on SaaS and Software. Sherpa Invest is active in all economic sectors and concentrates on Belgian-based companies that show strong growth potential – and a competitive advantage.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 67% |
| Software | 2 | 67% |
| B2B | 1 | 33% |
| Legal | 1 | 33% |
| FinTech | 1 | 33% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 2 | 67% |
| Series B | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Belgium | 2 | 67% |
| China | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MAXVAX | MAXVAX aims to provide novel vaccine development and commercialization. | $74M | Series B | Jul 20, 2022 |  |
| Virteo NV | VIRTEO’s platform covers the internal dunning and all external (amical/judicial) debt collection processes. With VIRTEO, creditors reduce costs, improve results and enforce CSR policy with external partners like lawyers and bailiffs. VIRTEO helps achieve economic goals (getting paid) with socially responsible practices (avoiding malpracticesand excessive costs to debtors).VIRTEO is an online platform allowing credit managers to work directly with lawyers, court bailiffs and recovery agencies in an efficient, transparent and compliant process. The debt collection industry rarely has a positive image. Customers lack tools to monitor and control the practices used by their external collection partners and the goal (recovering the unpaid invoice) is often in contradiction with a socially responsible approach. VIRTEO empowers creditors with a better process and results, and also provides better control over the practices used by their external partners. We provide the customer with the tools and insights to enforce and monitor their CSR policy, while improving results and reducing costs at the same time. Virteo - Where financial fitness meets ethics | $2.4M |  | Dec 06, 2016 |  |
| Babelway | Babelway has built a SaaS application for B2B Integration. It allows organizations to automate cross-company processes and enables the secure exchange of business documents. Due to the SaaS nature of the application, any company can plug his current application (legacy or not) to the application of his business partner without making expensivechanges to their current applications. All this without having to purchase any software or hardware.The solution offers full control to the users. He can:- map messages directly from his browser using an online drag-and-drop tool.- track the messages that went through his communication channels- receive notification when errors occur.To speed up the integration between partners, the Babelway catalogue contains message formats (EDIFACT, X12, XML, CSV, SAP, Excel, ...) and protocols (FTP, AS2, X400, SOAP, SMTP, ...) that are preconfigured for given business partners.The Babelway application is built on top of a cloud architecture to guarantee scalability. | $691K |  | May 05, 2007 |  |

3 of 3 investments shown.

## Co-investors
- [Ark Angels Activator Fund](https://shizune.co/investors/profile/ark-angels-activator-fund) — VC Fund, 1 deal together
- [China Life Private Equity Investment](https://shizune.co/investors/profile/china-life-private-equity-investment) — VC Fund, 1 deal together
- [E-Merge](https://shizune.co/investors/profile/emerge) — VC Fund, 1 deal together
- [Fangshizhen Capital](https://shizune.co/investors/profile/fangshizhen-capital) — VC Fund, 1 deal together
- [Hillhouse Investment](https://shizune.co/investors/profile/hillhouse-capital) — VC Fund, 1 deal together
- [Hillhouse Investment](https://shizune.co/investors/profile/hillhouse-investment) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

### Similar country
- [PMV](https://shizune.co/investors/profile/pmv-eu) — VC Fund
- [Limburgse Reconversie Maatschappij](https://shizune.co/investors/profile/limburgse-reconversie-maatschappij) — VC Fund
- [Qbic Fund](https://shizune.co/investors/profile/qbic-fund) — VC Fund

## Featured in investor lists
- [Financial Services Investors in Belgium](https://shizune.co/investors/financial-services-investors-belgium)
- [Legal Investors in Belgium](https://shizune.co/investors/legal-investors-belgium)
- [Legal VC Funds in Belgium](https://shizune.co/investors/legal-vc-funds-belgium)
- [Enterprise Software VC Funds in Belgium](https://shizune.co/investors/enterprise-software-vc-funds-belgium)
- [FinTech Investors in Belgium](https://shizune.co/investors/fintech-investors-belgium)
- [FinTech VC Funds in Belgium](https://shizune.co/investors/fintech-vc-funds-belgium)

## FAQ

### What does Sherpa Invest invest in?

Sherpa Invest invests primarily in SaaS, Software and B2B startups, most often at Funding Round and Series B stage. Most of the 3 investments tracked by Shizune back companies in Belgium. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Sherpa Invest last invest?

The most recent investment recorded for Sherpa Invest closed in Jul 2022. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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