Top startups in Latvia for 2024

In Latvia, we rank 159 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Latvia are falling behind the performance of their global counterparts.

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Best Startups in Latvia for 2024

SB Score:544

Mintos is an international online platform where retail investors can easily and transparently invest in loans. Offering a user-friendly experience, Mintos connects investors with loan opportunities worldwide.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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SB Score:542

Lokalise streamlines translation management with automation and integration tools for businesses, enhancing efficiency and control over multilingual content.

Industry:
Software & Data
Subindustry:
Software

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:490

A cutting-edge global cryptocurrency exchange and wallet, providing users with a secure platform to buy, sell, and store various digital assets. Accessible and user-friendly, it offers seamless trading and storage solutions for crypto enthusiasts worldwide.

Industry:
Software & Data
Subindustry:
Software

City Rank (Malta)

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Regional Rank (Eastern Europe)

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SB Score:484

Founded in 2012, Sonarworks is the result of a collaboration between two music enthusiasts and a scientist. Their innovative software is revolutionizing sound monitoring by combining expert acoustic knowledge with a passion for high-quality sound.

Industry:
Social & Leisure
Subindustry:
Entertainment

City Rank (Riga)

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Regional Rank (Eastern Europe)

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5th

F3
SB Score:422

F3 develops a social app for asking questions and creating answers, with all content disappearing in 72 hours. Anonymous or not, this app lets users express themselves and discover new exciting people.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:419

Edurio develops innovative tools to enhance school performance, enabling educators to make data-driven decisions.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Riga)

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Regional Rank (Eastern Europe)

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7th

Jeff
SB Score:391

Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:375

ZoomCharts provides intuitive data visualization software for creating interactive visual data interfaces. Transform raw data into engaging charts and graphs with ease.

Industry:
Software & Data
Subindustry:
Data Analytics

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:359

SummarizeBot is a data science and AI company that specializes in extracting, organizing, and analyzing information. They use advanced technology to provide clear and concise data solutions for their clients.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:358

An ed-tech company offering clear, reliable 3D anatomy models for medical students and artists, creating empowering educational tools.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:347

Marine Digital System streamlines accounting and planning for small and medium-sized terminals. It simplifies operations, making it easier for businesses to manage finances and logistics effectively.

Industry:
Transportation
Subindustry:
Maritime

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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Total amount:159

Most Funded Startups in Latvia for 2024

The top three most funded startups in Latvia have raised total funding of more than USD 92.7M. Among the top three funded startups, the most popular industry, based on total funding, is Software & Data.

SB Score:542

Lokalise streamlines translation management with automation and integration tools for businesses, enhancing efficiency and control over multilingual content.

Industry:
Software & Data
Subindustry:
Software

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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LightSpace Technologies have developed the first multi focal AR headset for near distance 3D visualization with oustanding image quality.

Industry:
Hardware & IoT
Subindustry:
3D Printing

City Rank (Mārupe)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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SB Score:544

Mintos is an international online platform where retail investors can easily and transparently invest in loans. Offering a user-friendly experience, Mintos connects investors with loan opportunities worldwide.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Riga)

0

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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Total amount:159

Top Hiring Startups in Latvia by Employee Number

The top three hiring startups in Latvia have an average employee size that is smaller than to the global average. Among these, the Fintech industry features the startup with the largest workforce.

SB Score:194

The hottest online lending platform: - we have proven excellent growth results from day one - we are rapidly expanding geographically by adding new markets to our business - we are continuously expanding our product range to meet the needs of our 4million+ customer base.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:221

4finance is a global leader in digital consumer finance. For more than 13 years we get money to people in a fast, convenient way that fits their lifestyle.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Riga)

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Regional Rank (Eastern Europe)

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SB Score:341

Latgales Granulas manufactures premium ENplus A1 wood pellets, ensuring top quality and efficiency. Join us for sustainable heating solutions that are both eco-friendly and cost-effective.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Viļāni)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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SB Score:241

The startup offers a user-friendly platform for managing personal finances, with features like budget tracking, expense categorization, and bill reminders. Users can easily visualize their spending habits and set financial goals, helping them achieve financial stability and peace of mind.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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Total amount:159

Explore the Startup Ecosystem of Latvia

Population

(Latvia)

1.8 Million

Regional Rank

(Eastern Europe)

10th

3

Global Rank

(WorldWide)

47th

8

Visit

Best Software & Data Startups in Latvia for 2024

Latvia startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data startups in Latvia have raised more than USD 63.1M, an amount that is higher than the global industry average.

SB Score:542

Lokalise streamlines translation management with automation and integration tools for businesses, enhancing efficiency and control over multilingual content.

Industry:
Software & Data
Subindustry:
Software

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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SB Score:490

A cutting-edge global cryptocurrency exchange and wallet, providing users with a secure platform to buy, sell, and store various digital assets. Accessible and user-friendly, it offers seamless trading and storage solutions for crypto enthusiasts worldwide.

Industry:
Software & Data
Subindustry:
Software

City Rank (Malta)

0

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Regional Rank (Eastern Europe)

0

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Global Rank (WorldWide)

0

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3rd

F3
SB Score:422

F3 develops a social app for asking questions and creating answers, with all content disappearing in 72 hours. Anonymous or not, this app lets users express themselves and discover new exciting people.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Riga)

0

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Regional Rank (Eastern Europe)

0

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Global Rank (WorldWide)

0

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Total amount:48

Best Hardware & IoT Startups in Latvia for 2024

Latvia startups in the Hardware & IoT industry are overperforming their global industry peers. The top three Hardware & IoT startups in Latvia have raised more than USD 24.6M, an amount that is higher than the global industry average.

LightSpace Technologies have developed the first multi focal AR headset for near distance 3D visualization with oustanding image quality.

Industry:
Hardware & IoT
Subindustry:
3D Printing

City Rank (Mārupe)

0

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Regional Rank (Eastern Europe)

0

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Global Rank (WorldWide)

0

Browse
SB Score:341

Latgales Granulas manufactures premium ENplus A1 wood pellets, ensuring top quality and efficiency. Join us for sustainable heating solutions that are both eco-friendly and cost-effective.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Viļāni)

0

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Regional Rank (Eastern Europe)

0

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Global Rank (WorldWide)

0

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SB Score:317

Offering efficient drones for commercial use, our startup provides cutting-edge technology for a variety of industries. Enhancing productivity and reducing costs, our drones are designed for ease of use and high performance. Elevate your business operations with our innovative solutions.

Industry:
Hardware & IoT
Subindustry:
Hardware & IoT-Other

City Rank (Riga)

0

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Regional Rank (Eastern Europe)

0

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Global Rank (WorldWide)

0

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Total amount:20

Best Ecommerce & Retail Startups in Latvia for 2024

Latvia startups in the Ecommerce & Retail industry are overperforming their global industry peers. The top three Ecommerce & Retail startups in Latvia have raised more than USD 7.36M, an amount that is higher than the global industry average.

SB Score:314

"Discover KOOL Latvija, the innovative gas station and convenient shopping destination in Latvia. Fuel up your car and grab essentials on the go at this one-stop shop. Experience a new way to refuel and refresh at KOOL Latvija."

Industry:
Ecommerce & Retail
Subindustry:
Retail

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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SB Score:257

Sellfy empowers digital content creators to sell their products directly to customers, eliminating hefty marketplace fees. With easy setup and powerful marketing tools, Sellfy handles storage, delivery, and payments, allowing creators to focus on their content. Boost sales with social media campaigns and affiliate programs. Start selling in seconds.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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SB Score:248

Ligalio eliminates the hassle for website and app owners to generate privacy policies. It allows businesses to save time and money, and get a personalised privacy policy very quickly.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Riga)

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Regional Rank (Eastern Europe)

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Global Rank (WorldWide)

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Total amount:20

Top Cities for Startups in Latvia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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