Top 5 Retail Angel Investors in Belgium (August 2026)

Toon Coppens (Belgium, 1981), graduated as a Master of Science in Informatics at the University of Ghent.In june 2000, during his first year at university, he successfully launched the first Belgian social networking site, which later became Redbox.be.He is the co-founder of Massive Media, the social media company behind the successfuldigital brands Netlog.com and Twoo.com. Massive Media enables members to meet nearby people instantly. Today, Over 80 million people have joined our sites on web and mobile.Toon lives in Ghent (Belgium) and London (UK), loves snowboarding and used to deejay and play volleyball a lot.>> Toon's personal Netlog (dutch)>> Twoo.com (dutch)

Investment focus

Industry: SaaS, Software, Sales Automation
Stage:Seed, Pre-Seed, Angel
Geography: Belgium, United States

Investor stats

Total investments: 18
Round size: Seed $384k–$2.2M
Lead/follow: 0% lead, 100% follow

Portfolio highlights

Peliqan.io —
Accurat — Accurat provides real-word shopper insights to support retail decision making with unprecedented accuracy. Our proprietary technology, platform and algorithms understand behaviour in high detail.
Maurice & Nora — Maurice & Nora regelt vertrouwde hulp aan huis door zorgvuldig gescreende studenten. Van boodschappen en kinderopvang tot begeleiding, tuinhulp en gezelschap.

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Lorenz is co-founder and CEO Ghent-based start-up studio StarApps. He also co-founded early stage investment fund Pitchdrive. He previously created Netlog, Twoo (exit to Tinder), Realo (exit to Axel Springer), Delta (exit to eToro) and Rydoo (exit to Sodexo).

Investment focus

Industry: Software, Artificial Intelligence, SaaS
Stage:Seed, Pre-Seed, Series A
Geography: Belgium, United Kingdom, United States

Investor stats

Total investments: 64
Round size: Seed $445k–$4.2M; Pre-Seed $120k–$1.7M; Series A $3.8M–$5.7M
Lead/follow: 9% lead, 91% follow

Portfolio highlights

LineWise — LineWise, a Y Combinator-backed startup, helps manufacturers maximize production uptime. We use AI to diagnose machine failures, accelerate troubleshooting
Feedelity — The #1 feedback management platform. Centralize guest feedback from Google, Tripadvisor, social media, email, Uber Eats, Deliveroo and more, and see what your guests really think.
Maurice & Nora — Maurice & Nora regelt vertrouwde hulp aan huis door zorgvuldig gescreende studenten. Van boodschappen en kinderopvang tot begeleiding, tuinhulp en gezelschap.

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Jonas Dhaenens

Investment focus

Industry: Software, SaaS, Finance
Stage:Seed, Angel, Pre-Seed
Geography: Belgium, Denmark

Investor stats

Total investments: 9
Round size: Seed $445k–$1.9M; Angel $277k–$2.7M
Lead/follow: 22% lead, 78% follow

Portfolio highlights

FoundME — We support local ecosystems by providing them a global reach.
Cardify — Cardify redefines the way the fastest growing companies enable their sales team to deliver a more effective and personalized buyer/seller experience. The company was founded in 2019 and headquartered in Oost-Vlaanderen, Belgium.
Stardust — Stardust Analytics (meetstardust.ai) is a Swedish-based AI startup that provides a SaaS platform for advertising performance — using artificial intelligence to analyze what makes certain ads successful and automatically generate new high-performing ad content. Specifically, Stardust’s AI engine “reads” top-performing ads (frames, words, visuals)to identify the patterns behind success, then uses those insights to create new ad briefs and content, shifting advertising from guesswork to data-driven creativity. The goal: help brands and advertisers save time, increase conversions, and consistently scale ad performance without manually testing endless variations.

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Startup Enabler & Angel Investor. In 2011 I co-founded Cardwise that later became Xpenditure NV an innovative product for managing expenses. Which was acquired by Sodexo Group (EURONEXT:SDXOF) in March 2017 after a very succesfull growth phase with more then 6000 customers globally (eg. Deloitte, Henkel, PWC,....) Reinvested partly in the newventure with Sodexo & iAlbatros. We launched this new corp-up venture in June 2018 under the name of RYDOO and I'm acting COO and board member.. Next to that I'm also investing in promising early stage startups with Tumbzup bvba.In the early 90ies I've been involved in commercialisation of the first Internet solutions. My passion has always been making new innovative products marketable towards B2B markets. I've pioneered in the internet sector and have been involved in the launch of Europe's first Internet service providers PING (Eunet) and Yucom (JV BT & ING), now both part of Belgacom (BELG:BB).Later, I became Chief Commercial Officer at SpaceChecker and after the acquisition by Punch Telematix, I became Country Manager. Punch Telematix is now owned by Trimble (NASDAQ: TRMB). In 2007, I joined Massive Media (publishers of Netlog & TWOO), a leading European on-line community that has recently been acquired by IACI (NASDAQ:IACI). As Director of Business Development, I successfully set-up the complete business development strategy and team from scratch.

Investment focus

Industry: Software, SaaS, FinTech
Stage:Seed, Pre-Seed, Venture - Series Unknown
Geography: Belgium, United Kingdom, Italy

Investor stats

Total investments: 16
Round size: Seed $445k–$4.8M; Pre-Seed $130k–$1.6M
Lead/follow: 56% lead, 44% follow

Portfolio highlights

FixForm — At FixForm, we aim to keep spaces and buildings in good, safe and clean condition. Our platform allows everybody to report problems with just the snap of a picture. Simplify your maintenance today and become part of the FixForm community.
Oper — Oper is the mortgage platform that helps lenders and brokers digitise and streamline their mortgage distribution.
Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.

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