This article focuses on 12 fast-growing and exciting tech companies in the Netherlands. The Netherlands has a tech ecosystem valued at €232 billion, ranking it as the third largest in Europe. These companies are at the forefront of the country's continued innovation, adoption, and growth in the tech sector. The article will reveal which Dutch businesses made the list and why they are worth paying attention to in 2023.

QuandaGo logo

  • Established: 2019
  • Headquarters: Rotterdam

Founded by Arthur Nederlof and Arnoud Munneke, QuandaGo is a cloud contact center that helps businesses automate workflows, streamline knowledge management, and manage all of their customer interactions from a single point seamlessly.

In just three years, the company has achieved impressive success, which speaks to their quality of leadership and client-first service delivery. They recently made Deloitte’s Technology Fast 50 list of nominees for the third time in a row. Additionally, Nigroeit also recognized them as one of the Netherlands’ Top 250 Growth Companies.

QuandaGo is one of the subsidiaries of VANAD Group—a leading multinational business with over 1,500 employees worldwide, including Belgium, Australia, the United Kingdom, and the United States.

Visualfabriq logo

  • Established: 2013  
  • Headquarters: Maarssen

Carst Vaartjes and Jaco Brussé, veterans in the consumer goods industry, identified a major issue in the industry - limited access to big data. To solve this, they established Visualfabriq, a platform that turns data into valuable insights quickly. In less than a decade, Visualfabriq has become the leading AI-powered revenue growth management platform for major consumer goods companies such as L'Oréal, Heineken, and Arla. In 2020, the company was awarded the "Best-in-Class" award by POI for the third consecutive year.

StuDocu logo

  • Established: 2013
  • Headquarters: Amsterdam

StuDocu was established by four students who sought a simple and collaborative way to study, share learning materials, and improve their grades. Today, over 15 million individuals from 11,000 universities across the globe use the platform to access quality educational resources. In May 2021, StuDocu received a $50 million investment from Partech, a French venture capital firm. When commenting on their investment in StuDocu, Bruno Crémel, a general partner at Partech, expressed his admiration for the company's data-driven culture and its popularity among students. He expressed excitement in partnering with StuDocu's talented team to make education more accessible for all.

Fourthline logo

  • Established: 2017
  • Headquarters: Amsterdam

Money laundering costs the globe between two and five percent of its annual GDP, or anything from $800 billion to a staggering $2 trillion.

Financial institutions like traditional banks and contemporary fintech firms may easily prevent fraud and achieve all-in-one compliance thanks to organizations like Fourthline.

Fourthline monitors and screens customers throughout the client lifecycle using top-notch KYC technology. As a result, less identity theft and other illegal financial activity occurs.

A total of $20.3 million has been raised for the business from backers including Rudolf Booker and Finch Capital. According to GP Bullhound's 2022 quarterly Global Market Reports, Fourthline is one of the top businesses reshaping the fintech industry.

new10 logo

  • Established: 2017
  • Headquarters: Amsterdam

A business loan application is often difficult. After dealing with a ton of difficult paperwork and back-and-forth documents, you must wait days, if not weeks, for a decision on whether to approve your loan. All of that is changing for Dutch-based firms thanks to New10.

A digital lending platform called New10 makes it simple and quick for small- and medium-sized businesses to receive loans. The lengthy wait times are over after the application procedure because you'll receive an update on the progress of your application in just 15 minutes!

The third-largest bank in the Netherlands, ABN AMRO Bank, N.V., which owns New10, is a subsidiary.

Smiler logo

  • Established: 2020
  • Headquarters: Amsterdam

Smiler is a photography marketplace that connects over 9,000 professional photographers with people in touristy locations and memorable venues.

Users can go on the platform and book a professional photographer to help them with random, on-the-spot photoshoots for a fee.

Smiler stands out from the competition because they offer higher earning opportunities for photographers than other popular marketplaces like Fiverr or Upwork. Plus, it’s a niche platform that guarantees a high level of professionalism for potential customers.

In 2021, Smiler was the exclusive photography partner for the Tower of London. That same year, the company secured an $8 million seed round of funding led by Mosaic Ventures.

Amberscript logo

  • Established: 2017
  • Headquarters: Amsterdam

Amberscript is a professional transcription service founded by Peter-Paul de Leeuw, Thomas Dieste, and Timo Behrens. It enables users to convert audio and video into text with ease and aims to make audio accessible to everyone. The company has received two rounds of funding, including €8.7 million in Series A funding from Endeit Capital in November 2021 to enhance their technology and growth. In 2022, Amberscript was a nominee for Deloitte's Technology Fast 50 competition and reached the finals of the Young Business Award, which is the biggest startup competition in the Netherlands.

Aidence logo

  • Established: 2015
  • Headquarters: Amsterdam

For more than six years, Aidence has been committed to improving medical diagnostics, especially lung cancer, through artificial intelligence. Their mission is “to provide intelligent software that empowers healthcare and pharmaceutical professionals to deliver faster, more precise diagnostics and treatments.”

Aidence partners with some of the largest global organizations to improve disease prevention, management, and treatment. For example, in 2021, it was the preferred partner for the NHS England Targeted Lung Health Checks (a lung cancer screening program). Their other partners include AstraZeneca, the Netherlands Cancer Institute, and Quantib.

In 2020, Aidence won the National Institute for Health Research AI in Health and Care award. Before that, in 2019, the company was a finalist for the UCSF Digital Health Awards, recognizing them as the “Best digital health product or service for enabling better mental & behavioral health and wellness.”

Bynder logo

  • Established: 2013
  • Headquarters: Amsterdam

In 2013, Chris Hall needed a better way to share digital assets between his agency, Label A, and his clients. That’s why he created Bynder—a digital asset management platform that allows content teams to organize and share creative assets seamlessly.

Today, Bynder is one of the fastest-growing SaaS companies, with over 1.7 million users worldwide and nearly 4,000 customers.

The company bootstrapped its way to $10 million in Annual Recurring Revenue from 2013 to 2016. Also in 2016, they secured a $22 million Series A funding led by Insight Ventures Partners.

10. Relive

Relive logo

  • Established: 2016
  • Headquarters: Rotterdam

Relive was created during a cycling trip in Tenerife in 2016 by Joris van Kruijssen, Lex Daniels, and Yousef El-Dardiry, who wanted a way to preserve the beautiful moments of their journey. Now, the company has grown into a community of over 9 million users who share their outdoor experiences. It enables users to create personalized 3D video narratives based on GPS and satellite imaging data gathered during outdoor activities such as cycling and hiking. The company has raised approximately €1.2 million in funding to date.

EclecticIQ logo

  • Established: 2014
  • Headquarters: Amsterdam

Founded by Joep Gommers and Raymon van der Velde, EclecticIQ is a global threat intelligence platform for some of the world’s leading cybersecurity companies like Flashpoint and Splunk.

The company has had an impressive run so far. They secured €5.5 million in Series A funding and €14 million in Series B funding in 2016 and 2017, respectively.

Later on, in 2020, they raised €20 million in Series C funding led by Ace Capital Partners. They have also received additional funding from The European Investment Bank and Dutch Security TechFund.

EclecticIQ acquired PolyLogyx—a leading endpoint detection and response technology provider—in May 2020 to enhance their technology and service offerings.

Samotics logo

  • Established: 2015
  • Headquarters: Leiden

Formerly known as Semiotic Labs, Samotics is an AI-driven predictive maintenance system with a mission to eliminate unplanned downtimes in AC motors and rotating equipment. Their technology is used by Nobian, Anglian Water, and other industry leaders.

According to Crunchbase, Samotics has raised a total of $32.6 million in funding from investors like ABB and 83North. Their latest funding was raised on September 22, 2022, from a corporate round.

Final thoughts on the top 12 tech companies in the Netherlands to watch in 2023

The Dutch tech industry is only starting to pick up the pace. There are still lots of opportunities for growth, innovation, and exciting product launches that are certainly bound to happen in the Netherlands in the near future.

That’s precisely why we’ll be keeping a close eye on the companies above as well as further developments in the country’s tech ecosystem overall—and we think you should do the same!

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