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The Venture Codex

Overview

Investment firm providing capital and expertise for SaaS growth.

Founded

2013

Deals · 12mo

6

Stage focus

Seed
Series A

Geographic focus

Belgium
France
Germany
The Netherlands
...

Sector focus

Brand Marketing
SaaS
Sales Automation
Telecommunications

Investment portfolio

55rounds
NAMEDATESIZE
Spott
Sep 2026Participated
$21 MSeries A
Atira
Sep 2026Participated
$18 MSeed
mkind
Jun 2026Participated
$3 MSeed
Billy Grace
Jun 2026Led
$4 MOther Equity
Valeria
Feb 2026Participated
$2 MOther Equity
Donna
Dec 2025Participated
$5 MSeed
revel8
Sep 2025Participated
$7 MSeed
Tanso
Aug 2025Led
$14 MSeries A
D2X Group
Jul 2025Participated
$5 MOther Equity
Bizzy
Jun 2025Led
$5 MOther Equity
Altura Platform
Jun 2025Participated
$9 MSeries A
Spott
May 2025Participated
$3 MOther Equity
Spott
Sep 2026Participated
$21 MSeries A
Atira
Sep 2026Participated
$18 MSeed
mkind
Jun 2026Participated
$3 MSeed
Billy Grace
Jun 2026Led
$4 MOther Equity
Valeria
Feb 2026Participated
$2 MOther Equity
Donna
Dec 2025Participated
$5 MSeed
revel8
Sep 2025Participated
$7 MSeed
Tanso
Aug 2025Led
$14 MSeries A
D2X Group
Jul 2025Participated
$5 MOther Equity
Bizzy
Jun 2025Led
$5 MOther Equity
Altura Platform
Jun 2025Participated
$9 MSeries A
Spott
May 2025Participated
$3 MOther Equity
55
Items
...
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Insights

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Deal Distribution

Fortino Capital: 55 funding rounds are recorded in the selected participation categories.All available history.
Fortino Capital: 55 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed39
Series A98
Series B21
Series C+01
Other Equity148

Monthly Deal Activity

Fortino Capital: 55 deals are recorded across 138 months.All available history.
Fortino Capital: 55 deals are recorded across 138 months. All available history
MonthDeals
May '151
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '151
Jan '161
Feb '161
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '160
Jan '170
Feb '171
Mar '170
Apr '170
May '170
Jun '171
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '181
Feb '180
Mar '181
Apr '180
May '180
Jun '180
Jul '181
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '201
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '211
Feb '210
Mar '211
Apr '210
May '211
Jun '211
Jul '212
Aug '210
Sep '210
Oct '210
Nov '211
Dec '212
Jan '222
Feb '220
Mar '222
Apr '221
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '222
Nov '222
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '231
Aug '230
Sep '230
Oct '230
Nov '232
Dec '230
Jan '240
Feb '240
Mar '242
Apr '240
May '240
Jun '243
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '251
Jun '252
Jul '251
Aug '251
Sep '251
Oct '250
Nov '250
Dec '251
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '262
Jul '260
Aug '260
Sep '262
Oct '260

Sector Breakdown

Fortino Capital: Enterprise Software is the largest displayed sector by deal count (32 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Fortino Capital: Enterprise Software is the largest displayed sector by deal count (32 deals). All available history
SectorDeals
Enterprise Software32
AI & Machine Learning23
Data, Analytics & IT14
Networks, Cloud & Communication12
Professional Services10
Marketing & Advertising7
Fintech7
Space & Frontier Tech5
Real Estate & Construction4
Transportation & Logistics4
Consumer & Lifestyle4
Manufacturing4
Education & Workforce3
Cybersecurity & Privacy3
Clean Energy & Sustainability3
Crypto & Blockchain3
Social & Community Platforms3
Developer Tools3
Government & Defense2
E-Commerce & Retail2
Media & Entertainment2
Travel & Hospitality1
Hardware & Robotics1
Health & Life Sciences1
Gaming & eSports1

Deal Size Distribution

Fortino Capital: 55 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Fortino Capital: 55 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M23
$5M-$10M12
$10M-$25M17
$25M-$50M3
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Fortino Capital: Europe has the largest recorded deal count among the displayed regions (51 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Fortino Capital: Europe has the largest recorded deal count among the displayed regions (51 deals). All available history
RegionDeals
Europe51
United States4
Fortino Capital: 20 co-investors are shown, with PMV sharing 7 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Fortino Capital: Led accounts for 51% and participating for 49% of round participation.All available history.
Fortino Capital: Led accounts for 51% and participating for 49% of round participation. All available history
CategoryDeals (count)Share (%)
Led2851%
Participating2749%
Fortino Capital: Single-lead accounts for 61% and co-led for 39% of lead dynamics.All available history.
Fortino Capital: Single-lead accounts for 61% and co-led for 39% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1761%
Co-led1139%

Team

Baudouin Jolly

Associate Partner and Co-Founder

Duco Sickinghe

Managing Partner

Filip Van Innis

Investment Director

Jeroen Van Godtsenhoven

Operating Advisor