Best Business Services Companies in Latvia
The 347 best Business Services companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hyperjob.
Latvia's Business Services sector doesn't move billions, but 347 tracked companies tell a story worth reading. Total disclosed funding across the directory sits at $984,281, concentrated tightly at the top: Hyperjob leads with $472,236, followed by TechChill at $375,904 and Asya at $136,141. That's roughly 99% of all disclosed capital in three names. So what does the rest of the field run on? Mostly undisclosed financing, organic revenue, and the kind of quiet operational grind that rarely makes headlines. Active investors including Buildit, Antler, and BNP Paribas Developpement are circling, but no unicorn has emerged yet.
The demand signal, though, is real. Across 93 business and productivity software apps tracked in this space, median install growth is running at roughly +19% year-over-year, which I'd call a meaningful adoption curve for a market this size. Business services platforms globally are pulling serious capital, and Latvia's ecosystem is catching the tailwind. Hot themes right now include analytics tools, business partnership infrastructure, and ecosystem services, with funeral announcement platforms surfacing as an oddly specific growth niche. If you're benchmarking companies here, the funding gap between the top three and everyone else is the number that should anchor your analysis first.
Ranked: Best Business Services companies in Latvia
| # | Company | Disclosed funding | Revenue | Employees | Net margin | Founded | Stage | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 3K Management Provider of event management services | — | $3M FY2022 | 12 | +2% | 2008 | Unfunded | — |
| 2 | Baltic Stars Professional distribution company offering a wide range of premium products | — | $3M FY2023 | 4 | +1% | 2010 | Unfunded | — |
| 3 | RixTrans Provider of language translation services | — | $2M FY2024 | 11 | — | 2012 | Funding Raised | — |
| 4 | ARRO Elektro Company that provides a range of electrical services and solutions, including installation, maintenance, and… | — | $1M FY2022 | 6 | +2% | 2007 | Unfunded | — |
| 5 | AD VERBUM Provider of language translation services | — | $1M FY2022 | 15 | +19% | 2002 | Unfunded | — |
| 6 | Auces Komunalie Pakalpojumi Provider of commercial landscaping, waste management, and other services | — | $1M FY2022 | 89 | -42% | 1992 | Unfunded | — |
| 7 | Baltic Legion Provider of security services | — | $1M FY2024 | 62 | — | 2013 | Unfunded | — |
| 8 | AJV Grupa Provider of sound, light, and stage systems solutions for events and performances | — | $675K FY2023 | 7 | +28% | 2002 | Unfunded | — |
| 9 | AV Alpina Provider of industrial alpinism services, including rope access solutions, maintenance, and repair services… | — | $561K FY2023 | 9 | +22% | 2007 | Unfunded | — |
| 10 | Lasd Provider of omni-channel customer communication platforms | — | $478K FY2022 | 5 | — | — | Funding Raised | — |
| 11 | Baltic Events & Tours Destination management company providing incentives and events services, catering to corporate and individual… | — | $322K FY2024 | 1 | — | 2013 | Unfunded | — |
| 12 | Altus Intelligence Altus Intelligence | Home | — | $317K FY2022 | 4 | +5% | — | Unfunded | — |
| 13 | adQuota Provider of event management services | — | $267K FY2024 | 6 | — | 2013 | Acquired | — |
Top 7 Business Services companies in Latvia
#1
Seed · Riga, Riga · founded 2021 · 5 employees$472.2Kraised▾
Developer of recruitment software designed to for attracting hard-to-get talent through enticing job ads. The company's platform allows talent acquisition specialists to create modern, immersive job ads combining structured data with modern UI/UX, enabling users to have access to more job applications and better candidates.
#2
Funding Raised · Riga, Riga · founded 2012 · 23 employees$375.9Kraised▾
Provider of country club memberships and golf course access. It offers various membership options granting access to its golf course facilities, including multiple par-3 holes. The club also provides reservation services for its facilities and hosts events. Additional amenities and services are available to members.
- Jan 2020Grant (prize money)$375.9K
#3
Seed · Riga, Riga · founded 2018$136.1Kraised▾
Artificial intelligence research, development and design platform
#4
Funding Raised · Latvia · 5 employees—raised▾
Provider of omni-channel customer communication platforms. This company develops and offers a suite of products enabling businesses to engage with customers across various channels, including SMS, WhatsApp, RCS, voice, email, and video. Their platform facilitates the creation of customized communication journeys, leveraging technology and AI to enhance customer interactions. The company also provides authentication-as-a-service solutions for secure user management. Their offerings cater to enterprises and telecom operators seeking to improve customer communication and engagement.
#5
Series A · Latvia—raised▾
Cybersecurity product development and business scaling partner for European founders. It partners with founders to ideate, develop, and launch minimum awesome products (MAPs) focusing on user experience. The company provides comprehensive support, including incorporation, capital, legal, and HR assistance, as well as sales and marketing expertise for scaling businesses across Europe. It also cultivates a community of cybersecurity professionals ("Le Club") to contribute insights and expertise to product development. Investment is provided at the pre-company and pre-seed stages.
#6
Seed · Riga, Riga · founded 2015 · 9 employees—raised▾
Provider of monitoring and management software intended to serve healthcare, catering, cinema, entertainment, hotel, ticketing, customer servicing and other industries. The company offers rich remote administration possibilities, including real-time device status information, over-the-air software updates, statistics, and configuration, thereby enabling clients to maintain and manage any number of devices.
#7
Funding Raised · Riga, Riga · founded 2012 · 11 employees—raised▾
RixTrans is a translation service company offering high-quality translation services at affordable prices to businesses and organizations, with a focus on providing accurate and culturally relevant language solutions. The company's services include translation, editing, subtitling, localization, and document certification, among others, in over 140 languages.
- Mar 2017Grant (prize money)—
- Nov 2016Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Business Services coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.