Belgium-based Hyperfox, a startup specializing in automating order processing using artificial intelligence, has secured €3.2 million in a seed funding round. The funding will be used to broaden its platform by introducing additional features tailored to order-to-stock and order-to-assembly businesses. This initiative reflects the growing demand across various industries for efficient and automated solutions to optimize operational workflows. Since its establishment, Hyperfox has aimed to address common challenges in manual order entry, such as errors and time inefficiencies, by leveraging AI tools.
What sets Hyperfox apart?
Hyperfox, founded by Tom Devos and Bert Baeck at the Corda Campus in Hasselt in 2023, automates both structured and unstructured order inputs. The company offers three distinct versions of its platform—Essential, Plus, and Enterprise—each designed to cater to different organizational needs. The Essential version simplifies order structuring and validation, while the Plus version incorporates two-way communication features, such as stock-level checks. The Enterprise version goes further by enabling users to manage approval processes and oversee budgets effectively.
“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,” stated co-founder Tom Devos. “We now solve that entirely with our AI.”
How do investors view Hyperfox?
Investors such as Volta Ventures, JK Invest, LRM, and Birdhouse Ventures participated in this funding round, signaling confidence in Hyperfox’s capabilities. Volta Ventures, in particular, emphasized the urgent need in B2B markets for faster and more transparent order management solutions. The funding round follows a prior investment from Birdhouse Ventures and support from the VLAIO initiative, which aims to boost development in Belgium’s entrepreneurial ecosystem.
“Hyperfox fulfills the urgent need of B2B companies to streamline order management,” commented Koen De Waele of Volta Ventures. “Their innovative AI technologies help achieve superior customer service and an efficient back office.”
Birdhouse Ventures, a prominent Belgian accelerator, has a history of nurturing successful startups, with many raising considerable funding after completing its program. The organization highlighted Hyperfox’s strong leadership and clear vision as key factors behind its swift commercial and financial growth.
“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,” noted Vincent Jocquet of Birdhouse Ventures.
Hyperfox’s recent developments echo trends in the AI-driven automation sector. Similar efforts by other tech firms have focused on reducing inefficiencies and improving workflow accuracy in the supply chain process. However, Hyperfox’s segmentation of its product into three scalable tiers distinguishes it from competitors and allows businesses of varying sizes to adopt its solutions.
Automating order management remains a critical focus for businesses aiming to enhance operational efficiency and minimize errors. By offering flexibility through tailored solutions, Hyperfox addresses the diverse needs of its customers, ranging from small enterprises to large corporations. The company’s recent funding will likely accelerate its ability to meet growing market demands while refining its platform’s capabilities. Additionally, its strong network of investors and mentors positions it to further solidify its role in the AI-driven automation space.
