
Be Angels
Description
Be Angels is a prominent business angel network based in Belgium, specifically operating out of Louvain-la-Neuve. Established as a key player in the European early-stage funding landscape, the organization serves as a crucial bridge connecting promising startups with a diverse pool of private investors, known as business angels. Their primary focus lies in seed and early-stage investments, targeting innovative companies across various sectors that demonstrate high growth potential. Be Angels plays a vital role in fostering the entrepreneurial ecosystem in Belgium by providing not only capital but also strategic guidance and mentorship through its extensive network of experienced investors.
The network facilitates funding rounds for startups, with the typical investment size ranging from €50,000 to €1,000,000 per company. This translates to approximately $54,000 to $1,080,000, based on recent exchange rates. While individual angels within the network may contribute smaller amounts, Be Angels aggregates these contributions to form substantial early-stage rounds. They primarily seek companies that are past the ideation phase and have a clear business model, often with initial traction or a minimum viable product. Their investment approach is sector-agnostic, though they show a strong inclination towards innovative ventures that can scale.
Since its inception, Be Angels has demonstrated a significant impact on the Belgian startup scene. The network proudly states that it has facilitated over €100 million in investments for startups, underscoring its substantial contribution to capital formation for emerging businesses. Furthermore, Be Angels has successfully supported more than 400 companies, helping them secure the necessary funding to develop their products, expand their teams, and penetrate new markets. This extensive track record positions Be Angels as one of the most active and influential angel investor groups in Belgium, dedicated to nurturing the next generation of successful enterprises.
Investor Profile
Be Angels has backed more than 22 startups, with 1 new investments in the last 12 months alone. The firm has led 7 rounds, about 32% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in Belgium, France, Spain.
- Strong thematic focus on SaaS, Software, Health Care.
- Led 1 rounds in the past year.
- Typical check size: $54K – $1.1M.
Stage Focus
- Seed (73%)
- Pre Seed (9%)
- Series Unknown (9%)
- Series A (5%)
- Grant (5%)
Country Focus
- Belgium (64%)
- France (18%)
- Spain (9%)
- Luxembourg (9%)
Industry Focus
- Saas
- Software
- Health Care
- Information Technology
- Edtech
- Hospital
- Medical
- Education
- Training
- Personal Health
Frequently Asked Questions
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