Hyperfox funding news – Belgium-based Hyperfox has Secured €3.2Million in Seed Funding

Initially with modest capital and a loan from business angels and stakeholders, as well as an early investment from LRM (Limburg Investment Company). In early 2024, it received an investment from Birdhouse Ventures and was included in the Birdhouse programme, as well as VLAIO provided a hefty grant to further develop the AI.

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Koen Walbers, senior investment manager at LRM said, "Several years ago, our path crossed that of Hyperfox through the VOKA Investor Readiness programme. We believed in their potential back then and made an initial investment. Even now, we want to continue supporting their further growth with additional capital, which is fully in line with LRM's philosophy of supporting companies from their first commercial traction to exponential growth to possible exit later,".

Now Volta Ventures and JK Invest are also joining the ranks of investors. Together with Birdhouse, LRM, the founding team and business angels are bringing in 3.2 million euros. With this strong position, together with a scalable order automation platform, where product market fit was more than proven over the past year, Hyperfox is now ready for the future.

Koen De Waele, Volta Ventures: ‘Hyperfox fulfils the urgent need of B2B companies to streamline their order management and offer the same speed and transparency as for B2C orders. Tom and the Hyperfox team combine their deep understanding of the supply chain and experience in digital transformation with innovative AI technologies. In this way, they help achieve superior customer service on top of an efficient back office.

Vincent Jocquet, Birdhouse Ventures: "The Hyperfox team is a textbook example of how a complementary team of serial entrepreneurs with a strong vision and the right framing can make great strides in the short term, both in terms of commercial growth and attracting the right type of growth capital."

Tom Devos, Founder of Hyperfox: "At the start of Hyperfox, it was clear that we wanted to solve the back-office problem: manual order entry, lots of phone calls to follow up on orders and all the errors and credit notes that result. Initially, we looked for the solution in a customer portal, but not every end customer wants to use it just like that. It is still easier to mail or call. We now solve that entirely with our own AI."

About Hyperfox

Hyperfox automates order processing by capturing and validating both structured (EDI, API, portal) and unstructured (e-mail, phone) orders based on contracts. Optimise and streamline your workflow with our AI-driven platform for optimal accuracy and efficiency.