Best Retail Companies in Belgium
The 482 best Retail companies in Belgium in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Storever.
Belgium's Retail startup scene is smaller than the headline numbers suggest, but it's real capital moving through 482 tracked companies on a total disclosed funding base of $68M. Paprika leads the pack at $11M raised, with Minze Health close behind at $9M. No unicorns here. What you're looking at is a concentrated, early-stage market where most rounds are sub-$3M and investors like Start it @KBC and imec.istart are doing the heavy lifting. The global retail market sits at roughly $795.6B in 2024, forecast to reach $1283.6B by 2034 at a 4.0% CAGR, which means Belgian founders are building into a rising tide whether or not local check sizes reflect that ambition yet.
So what's actually moving? App-side momentum is one honest signal: median install growth across 806 retail and catalog retail apps runs at roughly +20% YoY, which tells you consumer engagement is compounding even when funding coverage stays flat. Hot analytical themes right now cluster around CPI trends, inflation breakdowns, and stock performance rather than product launches, and I'd read that as the market recalibrating around margin pressure more than growth bets. Experiential formats are gaining traction too, as brands shift toward immersive retail formats to drive volume in tighter consumer environments. Belgium's retail funding pool is modest, but the directional signals aren't.
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Ranked: Best Retail companies in Belgium
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Storever Develops and offers digital audio, video and interactive solutions for retail networks | $11M | 181 mo ago | — | — | — | — | — | — |
| 2 | Paprika Chain of boutiques | $11M | 34 mo ago | 700 | — | Cart FunctionalityShopifyTailwind CSS+20 | Top 500k | — | — |
| 3 | Minze Health Provider of diagnosis and monitoring solution for voiding disorders | $9M | 20 mo ago | 10 | Josef Sageder Co-Founder | WordPressMySQLPHP+35 | Top 10M | — | — |
| 4 | BAUNAT Internet-first brand offering multi-category diamond jewelry | $8M | 126 mo ago | 18 | Stefaan Mouradian Co-Founder & Managing Director | AlgoliaPHPVimeo+28 | Top 500k | — | 1 job opening · 1 internship · 1 launch |
| 5 | Bsit On-Demand marketplace for parents to find and book babysitters | $3M | 82 mo ago | 11 | — | YouTubeTailwind CSSReact+10 | Top 10M | — | — |
| 6 | Ionnyk Online platform offering digital art frames | $3M | 36 mo ago | 8 | Antoine Baudoux Co-Founder | Cart FunctionalityWordPressMySQL+30 | Top 5M | — | — |
| 7 | BRIKL Provider of B2B ecommerce platform for custom and on-demand merchandise | $2M | 53 mo ago | 1 | Maarten Boone CEO & Co-Founder | — | — | — | — |
| 8 | Joyn Digital loyalty platform for retail merchants | $2M | 60 mo ago | 27 | — | Cart FunctionalityWordPressApple iCloud Mail+34 | Top 5M | — | — |
| 9 | CarsOnTheWeb Online used car auction services provider | $2M | 186 mo ago | 86 | — | — | — | — | — |
| 10 | TrustUp.be Provider of an online listing platform to book home improvement, service professionals | $2M | 47 mo ago | 37 | Sebastien Remacle Founder & CEO | WordPressMySQLPHP+30 | Top 1M | — | — |
| 11 | Auctelia Online auctioneer and direct sales of used industrial machinery and professional equipment | $2M | 128 mo ago | 6 | — | SentryTypeScriptNode.js+27 | Top 500k | — | — |
| 12 | Dog Chef Provider of dog training services | $1M | 59 mo ago | 58 58 → 82 (+41%) | Alex Cardon Co-Founder & CEO | WordPressMySQLPHP+24 | Top 500k | — | — |
| 13 | Markmi Platform offering an AI-driven assistant for fashion retailers | $1M | 14 mo ago | — | Laurent Mainil Co-Founder & CEO | HubSpot CMS HubSwiperPreact+13 | Top 50M | — | 1 job opening |
| 14 | Loop Earplugs Internet-first brand offering headphones | $1M | 71 mo ago | 5 | Dimitri O Co-Founder | Cart FunctionalityShopifySentry+47 | Top 50k | — | 1 job opening · 1 award |
| 15 | Accurat Location intelligence tool for publishers, advertisers, and retail brands | $1M | 22 mo ago | 10 10 → 20 (+100%) | Bart Muskala Founder & CEO | Node.jsHeadless UITailwind CSS+21 | Top 50M | — | 1 job opening · 1 launch · 1 award |
| 16 | Gofluo Provider of luminous fashion products for men and women | $1M | 36 mo ago | 2 | Julie Vets Founder | Cart FunctionalityShopifyShop Pay+21 | Top 5M | — | 1 job opening |
| 17 | Revend Provider of AI-based analytics software solutions for e-commerce businesses | $1M | 42 mo ago | 6 | — | — | — | — | — |
| 18 | Bobex.com B2B Listing Platform in Europe | $1M | 317 mo ago | 40 | Jean-Louis Van Marcke Co-founder & CEO | Google Font APIGoogle Workspace | Top 50M | — | — |
| 19 | 2houses Co-parenting facilitator | $965K | 84 mo ago | 2 | Gill Ruidant Founder | RubyRuby on RailsEmotion+18 | Top 5M | — | — |
| 20 | BD Media Global medical technology company providing electronic instructions for use, customer support, and regulatory… | $686K | 168 mo ago | 219 | Raf Lambrix CEO | DrupalApple iCloud MailMicrosoft 365+14 | Top 5M | — | — |
| 21 | ecoBirdy Internet first brand offering home improvement products | $576K | 114 mo ago | 2 | Vanessa Yuan Co-Founder | Cart FunctionalityShopifyVisa+19 | Top 5M | — | 1 job opening |
| 22 | QuantaCorp Provider of virtual fitting solutions for businesses | $378K | 68 mo ago | 3 | — | — | — | 3 patents Computer vision-based body measurement and sizing technologies | — |
| 23 | Koopol Price monitoring tools for brands and e-tailers | $374K | 101 mo ago | 4 | Henri Rion Co-Founder & CEO | — | — | — | — |
| 24 | Freedelity Loyalty management platform for retail businesses in Belgium | $352K | — | 10 | Sebastien Buysse Co-Founder & CEO | Semantic UINginxjQuery Migrate+4 | Top 10M | — | 1 launch |
| 25 | Nationalstore Online retailer offering multi-category products | $276K | — | — | Adeline D Ursel Founder | Cart FunctionalityWooCommerceWordPress+33 | Top 50M | — | — |
| 26 | Amoobi In-store analytics | $180K | 178 mo ago | 9 | Fabrice Dossin Vp R&D & Founder | — | — | — | 1 partnership |
| 27 | Fordaq B2B wood trading platform | $111K | 82 mo ago | — | Benoit Nieuwenhuys Founder & Chief Executive Officer | DrupalPHPJava+14 | Top 500k | 11 patents Portable computer-vision systems for automated measurement of lumber and logs | 1 partnership · 1 expansion |
| 28 | Swave App-based platform offering reward points for multi-category products | $61K | 72 mo ago | 1 | — | — | — | 9 patents Advanced spatial light modulators for holographic and 3D display technologies | — |
| 29 | Kadonation Provider of software suite solutions for gift card management | $61K | 144 mo ago | 18 | Jelle Van Roosbroeck Co-Founder & CFO | Craft CMSPHPYii+30 | Top 1M | — | — |
Top 12 Retail companies in Belgium
#1
Series A · Antwerp, Flanders · founded 2015 · 10 employees$9.5Mraised▾
Provider of diagnosis and monitoring solution for voiding disorders. The products provided are Hospiflow and Homeflow. Hospiflow Bluetooth connected, data wirelessly transferred to the cloud, portable, waterproof uroflowmeter, and others. Homeflow is voiding the diary application.
- Oct 2024Series A$5.3M
- Dec 2022Seed$4.1M
- 2015Seed$60.5K
#2
Seed · Ghent, Flanders · founded 2016$1.2Mraised▾
Platform offering an AI-driven assistant for fashion retailers. It features include AI-powered forecasting, scenario analysis, and a user-friendly interface with automation capabilities, allowing teams to simulate strategies, predict sales outcomes, and execute markdowns efficiently.
- Apr 2025Seed$1.2M
#3
Seed · Merelbeke, Flemish Region · founded 2018 · 10 employees$1.1Mraised▾
Location intelligence tool for publishers, advertisers, and retail brands. The company offers plug-in tools that provide insights into retail app users using AI techniques. It provides solutions to track and segment app users, predict users' behaviour, promotional campaign insights, and more. Clients include Game Mania, Launch Garden, JBC, Fun, and more.
- Aug 2024Seed$1.1M
#4
Acquired · Braine-le-château, Wallonia · founded 2003 · 700 employees$11Mraised▾
Retailer of apparel products designed for the plus-size and transitional-size womenswear market. The company's retail outlets and online store offer a youthful and dynamic collection of garments to customers, enabling women with fuller figures to wear trendy clothes, without discrimination related to their size.
- Aug 2023Series A$11M
- Dec 2015Series A—
#5
Acquired · La Hulpe, Wallonia · founded 2020 · 8 employees$2.7Mraised▾
Online platform offering digital art frames. The frame uses e-paper ink to display art photography that feels like paper.
- Jun 2023Series B$1.6M
- Jan 2022Series A$1.1M
#6
Seed · Antwerp, Flanders · founded 2017 · 2 employees$1.1Mraised▾
Provider of luminous fashion products for men and women. The product catalog includes bodyglowers made of neon and reflective stripes, and are water repellent, stretchable, fluorescent, and more. It also provides activewear, lights, bags, helmets, and more.
- Jun 2023Seed$1.1M
#7
Series A · Liege, Wallonia · founded 2016 · 37 employees$2.1Mraised▾
Provider of an online listing platform to book home improvement, service professionals. Its users can find service providers based on the type of service they need such as garden landscaping, wood construction, general construction, plumbing, insulation, carpentry, earthwork, roofing, cladding, and more. Its users can also check or write reviews and request quotations via the platform. It provides custom website development, back-office tools, and online marketing services to service providers.
- Jun 2022Series A$1.6M
- Aug 2018Seed$522.9K
#8
Seed · Antwerp, Flanders · founded 2022 · 6 employees$1.1Mraised▾
Provider of AI-based analytics software solutions for e-commerce businesses. The solutions provided are insights on revenue-impacting issues in real-time, AI-based monitoring of digital commerce operations, root cause analysis, and its resolution.
- Dec 2022Seed$1.1M
#9
Seed · Leuven, Flemish Region · founded 2016 · 1 employees$2.4Mraised▾
Provider of B2B ecommerce platform for custom and on-demand merchandise. Enables businesses to quickly build online stores for selling decorated apparel and promotional products without maintaining inventory. Connects users with a marketplace of on-demand decorators and suppliers so orders are produced and fulfilled automatically. Supports company stores, redemption stores, and pop-up stores with tools for product setup, personalization, and order management.
- Dec 2021Seed—
- Nov 2020Seed$2.4M
#10
Series A · Brussels, Brussels · founded 2003$11.1Mraised▾
Provider of in-store brand music and digital signage intended to offer interactive solutions and audio-visual equipment. The company uses mature data-transmission technologies, powerful hardware and a proprietary suite of software to manage a unique platform that builds and broadcasts hundreds of programs in real-time, enabling clients to enhance their point of sale communication with exclusive audio, video and interactive services.
#11
Series A · Antwerp, Flanders · founded 2008 · 18 employees$7.5Mraised▾
Baunat is an internet-first brand offering multi-category diamond jewelry. The product category includes rings, necklaces, bracelets, watches and more. It also offers tailor-made jewelry. The company claims to provide worldwide free shipping and 30 days return policy service.
- Dec 2015Series A$3.5M
- Jul 2011Series A$4M
#12
Series A · Hasselt, Flanders · founded 2016 · 27 employees$2.3Mraised▾
Joyn offers a digital loyalty platform for retail merchants. It is a matching platform between merchants, cities, and locals and enables local merchants to engage their loyal customers and offering rewards. Customers get a loyalty card that can be used at the favorite local merchants and traders receive rewards.
- May 2021Series A—
- Aug 2017Seed$2.3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Retail coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.