The Venture Codex Logo

The Venture Codex

Vertuoza

Rue Louis Braille 16, Nivelles, Brabant Wallon, 1402, Belgium

Overview

Vertuoza is a Belgian construction-software company (founded in 2021) that offers an intuitive platform enabling building entrepreneurs to manage planning, invoicing, profitability, project management and operational monitoring. The product receives monthly feature updates and is currently available in four countries; a Dutch-language version was launched last summer to support expansion into Dutch-speaking markets, including the Netherlands. Vertuoza reports an annual recurring revenue above €4 million and employs 72 people across three countries. With the new funding the company plans to accelerate international expansion, target a doubling of ARR, finalize and launch V2 of its software, and hire at least forty new (notably Dutch-speaking) team members by the end of 2024. The company emphasizes customer-driven development and reducing administrative burdens for construction businesses. Leadership includes co-founders Antoni Di Filippo and Dominique Pellegrino. Vertuoza provides a complete software package aimed at digitalising SME construction contractors' workflows. Founded in January 2020 in Belgium, the startup reports rapid growth, claiming to almost triple ARR in one year and to have reached €1 million in recurring revenue early 2022. The company states its commercial efficiency is under control and that costs are kept close to balance. Vertuoza already has over 3,000 platform users and has entered the French, Swiss and Luxembourg markets. The new funds will be used for recruitment and to accelerate international expansion as the company prepares for a larger Series A.

Total raised
$15M
Funding rounds
2
Latest round
Series A
Latest activity
Nov 2023

Industries

  • Construction
  • SaaS
  • Software
Visit website

Recent funding

  1. Series A

    Nov 2023

    $11M

  2. Series A

    Oct 2022

    $4M

Team

  • Antoni Filippo

    Co-Founder, Co-Chief Executive Officer & CVO

  • Dominique Pellegrino

    CEO & Co-founder

    LinkedIn
  • Kevin Vermeulen

    Co-Founder & Chief Technology Officer

  • Dorian Vynckier

    Human Resources

    LinkedIn