Real Impact raises €12m series-A from Gimv et al.

The founders of the company provided about 20% of the round themselves, according to a source close to the deal, while Endeit and Fortino acted as main external investors in the round.

The same source said convertible loans owned by the founders in the company were converted into equity as part of the round. 

Gimv completed the round as a minority shareholder, and invested through its Gimv Arkiv Tech Fund II. 

It is the first round of external funding for Real Impact, which is looking to grow geographically, in western Europe in particular. The GP stated it will help grow the company's product portfolio and hopes to double the company's €6m revenue within the next year.

Although at this stage Gimv has taken a minority share, the firm indicated it might invest more capital at a further development stage. 

Company
Founded in 2009 and headquartered in Brussels, Real Impact develops a proprietary suite of applications that collect and analyse data for the telecommunications industry.

It employs 120 people and has five other offices in Brazil, Luxembourg, Malaysia and South Africa. The company claims to count several global corporates among its clients, including Vodafone, Telefonica, Orange, Digicel and Vivo.

People
Gimv – Muriel Uytterhaegen (principal).
Fortino Capital – Duco Sickinghe (founder, managing partner).
Endeit Capital – Hubert Deitmers (founder, managing partner).
Real Impact Analytics – Sébastien Deletaille (co-founder, CEO).

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• Topics
• Expansion
• Technology
• Benelux
• Belgium
• Gimv
• Venture