When was Belfort founded?

Belfort was founded in 2025 and raised its 1st funding round within a year of its incorporation.

Where is Belfort located?

Belfort is headquartered in Leuven, Belgium. It is registered at Sluisstraat 79, 3000 Leuven.

Who is the current CEO of Belfort?

Laurens De Poorter of Belfort. They have also founded 2 companies and are an angel investors in 1 startup.

How many employees does Belfort have?

As of Jun 30, 2026, the latest employee count at Belfort is 64.

Is Belfort a funded company?

Belfort is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Sep 24, 2025.

When was the latest funding round of Belfort?

Belfort's latest funding was a $***** Seed round on Sep 24, 2025, with participation from 7 investors.

Where does Belfort rank among its competitors?

Belfort ranks 14th amongst 240 active competitors, of which 51 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was CodeNotary, which secured $16.5M in Nov, 2025.

Who are the top competitors of Belfort?

Belfort's top competitors include Seclore, Fortanix and Bluefin Payment Systems. Among them, CodeNotary secured the most recent funding round in November, 2025.

Belfort - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of hardware and algorithmic solutions for encrypted data processing. It provides tools to process sensitive information without decryption, focusing on speed and scalability. The company's technology aims to make encrypted computation practical across various sectors. It offers hardware designed for seamless integration, enhancing speed and scalability. The focus is on maintaining data protection throughout operations, ensuring confidentiality.

Website: belfortlabs.com
Social
Registered Address: Sluisstraat 79, 3000 Leuven

Key Metrics

Founded Year

2025

Location

Leuven, Belgium

Stage

Seed

Total Funding

$6M in 1 round

Latest Funding Round

Seed, Sep 24, 2025, $*****

Investors

VSquared Ventures & 9 more

Ranked

14^th among 240 active competitors

Employee Count

64 as on Jun 30, 2026

Similar Companies

Cysec & 14 more

View Belfort's full profile

Belfort is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Belfort Labs CIN: 1021.971.016 , Belgium, Active	Apr 04, 2025	-	-	-

Belfort has raised a total funding of $6M over 1 round. Its latest funding round was a Seed round on Sep 24, 2025 for $*****. 7 investors participated in its latest round. Belfort has 5 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Belfort:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 24, 2025	1349820	Seed	7723502	2185689	7247792	5777210

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View details of Belfort's funding rounds and investors

The founders of Belfort are Laurens De Poorter, Furkan Turan and Michiel Van Beirendonck. Laurens De Poorter is the CEO of Belfort.

Here are the details of Belfort's key team members:

Laurens De Poorter: Co-Founder & CEO of Belfort and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Furkan Turan: Co-Founder of Belfort.
Michiel Van Beirendonck: Co-Founder & CTO of Belfort.

View details of Belfort's Founder profiles and Board Members

Belfort's employee count trend

Belfort has 64 employees as of Jun 26. Here is Belfort's employee count trend over the years:

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Top competitors of Belfort include Seclore, Fortanix and Bluefin Payment Systems. Here is the list of Top 10 competitors of Belfort, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Seclore 2008, Mumbai (India), Series D	Provider of data-centric security software for preventing data theft and compliance	$51.8M	Helion Venture Partners, Ventureast & 39 others	77/100
2nd	Fortanix 2016, San Francisco (United States), Series C	Provider of data security platform leveraging confidential computing and runtime encryption	$122M	Foundation Capital, Intel Capital & 9 others	69/100
3rd	Bluefin Payment Systems 2007, Atlanta (United States), Acquired	Hosted payment gateways and PoS systems	$31M	Macquarie, Napier Park Global Capital & 4 others	67/100
4th	HUB Security 2017, New York City (United States), Public	Offering computing solutions	$10M	AXA Venture Partners, The Lind Partners & 2 others	63/100
5th	GK8 2018, Tel Aviv (Israel), Acquired	Provider of digital asset custody platform	$10M	Mindfulness Capital, aMoon & 9 others	61/100
6th	Cosmian 2018, Paris (France), Acquired	Data privacy solutions based on blockchain and cryptography	$5.99M	Elaia, La Banque Postale & 9 others	61/100
7th	Cysec 2018, Switzerland, Series A	Cloud based platform offering data protection solutions	$7.64M	Karista, Linebreak & 9 others	60/100
8th	Decentriq 2019, Zurich (Switzerland), Series A	Cloud-based enterprise collaboration platform for end-to-end encryption	$25M	b2venture, Eclipse & 4 others	59/100
9th	Commvault 1996, Tinton Fall (United States), Public	Provider of data security, identity resilience, and cyber recovery platform	-	Saints Capital, Elliott Management & 2 others	58/100
10th	CodeNotary 2018, Houston (United States), Series C	Provider of a platform offering devOps security solution	$46M	Elaia, Bluwat & 4 others	56/100
14th	Belfort 2025, Leuven (Belgium), Seed	Developer of hardware and algorithmic solutions for encrypted data processing	$6M	Inovia Capital, VSquared Ventures & 8 others	50/100