Top 15 Financial Services Startup Investors in Latvia in October 2023

Portfolio highlights

• VSight — VSight is an industrial collaboration and knowledge-sharing platform powered by Augmented Reality to empower the industrial workforce.
• RAIKU Packaging — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
• DriveX Technologies — DriveX offers a trustworthy self-serviced car inspection software for the used car, insurance and car rental markets.

Portfolio highlights

• Jeff — 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. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other typesof digital footprint.Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score.The company was founded in 2019 and is located in Riga, Latvia.
• Introwise — Introwise makes it easy for everyday experts to offer coaching and advice online.
• Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.

Portfolio highlights

• Haltian — End-to-end IoT solutions and world-glass product design services from Haltian
• Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
• Value.Space — Space based risk assessments & monitoring

Portfolio highlights

• Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
• Koos — KOOS is a simple legal and technological solution for motivating and rewarding your community. Boost your growth by sharing success.
• Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.

Portfolio highlights

• Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
• GoalProfit — GoalProfit is the world’s first low code retail optimization platform empowering retailers to build customized intelligence applications. It was founded by former IBM executives, Maxim Morozov and Oleg Sidorkin. GoalProfit is on a mission to make big data solutions available for all retailers and help them to survive in a new post-covid reality.
• Inscripta — Inscripta is the most trusted and most cost-efficient dictation and transcription service. Our solution is mainly in use in healthcare, but we also provide services to other industries where highly trained professionals can benefit from not having to waste their time on routine documentation work.

Portfolio highlights

• Gensyn — The Gensyn protocol provides hyperscale, cost efficient, compute capacity for all deep learning workloads.
• Amalia.io — Streamline Sales Compensation. Incentive & Compensation Management platform that accelerates your business while uniting your team.
• AYES — AYES provides the leading AI service to create accessible mobility for blind and visually impaired people.

Portfolio highlights

• Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
• Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
• Entrepreneur First — We are the best place for the world's most ambitious talent to come together and build game-changing technology startups from scratch.

Portfolio highlights

• Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.

Portfolio highlights

• Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.

Portfolio highlights

• Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.
• Tapline — Tapline turns your SaaS recurring revenues into fast, transparent and non dilutive growth capital.
• HeavyFinance — A borderless lending marketplace, where farmers meet investors

Portfolio highlights

• Eximpe — EximPe digitises workflows for exporters and importers to do cross border payments, compliances and access finance
• Playdex — Playdex is an NFT gaming rental marketplace that seamlessly connects gamers, guilds, and NFT owners.
• Humble Sustainability — Humble Sustainability provides products and accessories reuse and recycle services.

Portfolio highlights

• Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
• Elmo — In our car sharing business Elmo Rent we wanted to serve maximum customers with minimum resources, so we created remote control technology to deliver vehicles.

Portfolio highlights

• PayQin — Vous allez aimer payer en ligne
• Nordigen — Nordigen is a free open banking API that provides PSD2 data connections to all major European banks.
• Value.Space — Space based risk assessments & monitoring

Portfolio highlights

• Cloud Factory — Cloud Factory provides consulting, implementation, and support for Dynamics 365 Business Central, MYOB Advanced, SAP B1, Wiise and Korber Warehouse Management.
• Legal Nodes — Offload your legal tasks to a virtual legal department and get on with running your business. Get started with the Legal Nodes platform for free.
• Cloud Factory — Cloud Factory is developing their own line of custom-branded jewelry products for brands, artists, and creators.

Portfolio highlights

• Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
• Enview — Enview offers the next generation of Geospatial Analytics Software and GEOINT technology for energy companies and governments to protect their critical infrastructure.
• GOSU Data Lab — Try the World`s first game voice assistant to master the game effortlessly. Learn more - how it works and how can it help you.