Best Consumer Goods Companies in Latvia
The 314 best Consumer Goods companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: STENDERS.
Latvia's Consumer Goods startup map is smaller than you'd expect. Our directory tracks 314 companies with total disclosed funding of just $6M, and that figure alone tells you something: this is a capital-light, founder-funded cohort where every dollar of equity is earned the hard way. Stenders leads at $3M raised, Ekju follows at $2M, and SpirulinaNord has pulled in $635,610. No unicorns here. But the market context is worth holding onto, because the broader consumer goods segment is forecast to approach $2.5B by 2026 at a 4.7% CAGR, driven by direct-to-consumer sales momentum and persistent supply chain pressure that keeps nimble local players competitive.
So what does momentum look like at the product layer? Across 1,078 consumer and consumer goods apps, median install growth is running at roughly +19% year-over-year, and I think that number matters even for physical-goods brands, because digital shelf presence is now part of the distribution story. Investors active in this cohort, including BaltCap, FlyCap, and Buildit, are clearly watching for founders who understand that shift. And as CEO tenure in consumer goods shortens under growth pressure, execution speed is what separates the funded from the rest. If you're mapping this space, the rankings below are sorted by disclosed equity and recent funding momentum.
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Ranked: Best Consumer Goods companies in Latvia
| # | Company | Revenue | Disclosed funding | Employees | Founded | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Amber Latvijas Balzams Brand of multi category alcoholic beverages | $115M FY2022 | — | 608 | 1900 | WordPressMySQLPHP+16 | Top 5M | — |
| 2 | Berlat Grupa Provider of alcoholic beverages including vodka, bitter drinks, and strong alcoholic drinks | $46M FY2023 | — | 40 | 1993 | RubyRuby on RailsNginx+2 | Top 50M | — |
| 3 | Baltic Candles Brand of candles | $29M FY2023 | — | 242 | 1996 | WordPressMySQLPHP+19 | Top 10M | — |
| 4 | Baltic Wood Trade Company that specializes in the production and trade of wood pellets, granules, and other wood products | $25M FY2022 | — | 5 | 2017 | PHPAmazon Web ServicesApache HTTP Server+10 | Top 5M | — |
| 5 | Baltic XL Wholesale business specializing in alcoholic and non-alcoholic beverages and food | $14M FY2022 | — | 24 | 2008 | WordPressMySQLPHP+9 | Top 50M | — |
| 6 | EKJU Manufacturer of practical and long-lasting outdoor wooden furniture, specializing in garden furniture and… | $13M FY2023 | $2M | 141 | 1992 | Wix eCommerceWixSentry+10 | Top 10M | — |
| 7 | STENDERS Manufacturer & supplier of bath and skin care cosmetics | $12M FY2024 | $3M | 174 | 2001 | MagentoMySQLPHP+15 | Top 5M | — |
| 8 | ADDO DEFENSE Provider of safety workwear, including jackets, boots, gloves, and disposable wear | $3M FY2021 | — | 12 | 2020 | — | — | — |
| 9 | Baltijas Kristals Provider of kitchenware and household products | $3M FY2022 | — | 12 | 1997 | — | — | — |
| 10 | AW Latvia Brand of wood furniture and wall panels | $2M FY2022 | — | 41 | 2012 | — | — | — |
| 11 | Aurora Baltika Manufacturer of hosiery and socks | $1M FY2017 | — | 50 | 1947 | — | — | — |
| 12 | Bebra Serviss Company that operates an e-commerce platform and manufactures a range of pet food products, including mineral… | $846K FY2023 | — | 14 | — | — | — | — |
| 13 | Aldemebel Brand of multi category home furniture | $606K FY2023 | — | 13 | 2019 | WordPressMySQLPHP+25 | Top 50M | — |
| 14 | Beauty Baltic Provider of diamond and carbide drill bits for nail masters | $570K FY2023 | — | 1 | 2017 | WordPress Block EditorWordPressMySQL+26 | Top 5M | — |
| 15 | Alarwood Manufacturer and supplier of furniture products, including mebeles, virtuves, skapji, and other home and… | $512K FY2022 | — | 14 | — | — | — | — |
| 16 | Aija Audio Manufacturer of speaker enclosures and acoustic panels | $498K FY2023 | — | 15 | 2013 | PHPAmazon ALBAmazon Web Services+5 | Top 50M | — |
| 17 | Arvi Provider of custom furniture designs on a digital platform | $446K FY2022 | — | 10 | — | — | — | — |
| 18 | AV Mēbeles Furniture manufacturer that designs and produces a range of furniture products, including kitchen, living… | $380K FY2023 | — | 6 | — | PHPDebianBootstrap+5 | Top 10M | — |
| 19 | Adato Interior Provider of wooden furniture, doors, and wall panels customized to fit individual preferences | $309K FY2023 | — | 13 | 2008 | — | — | — |
| 20 | BALTICCOSMETICS Internet first brand of beauty and cosmetic products, focusing on nail care, skincare, and hair care | $280K FY2023 | — | 5 | 2011 | Cart FunctionalityShopifyLodash+9 | Top 10M | — |
| 21 | AILI Mebeles Manufacturer of furniture and home decor items, specializing in custom designs and complex constructions | $246K FY2023 | — | 5 | 2019 | — | — | — |
| 22 | Bemebel Provider of custom-made furniture, including kitchen equipment, built-in cabinets, bathroom furniture… | $226K FY2023 | — | 2 | 2010 | — | — | — |
| 23 | SpirulinaNord Provider of spirulina powder | $218K FY2023 | $636K | 5 | 2019 | Cart FunctionalityShopifyElement UI+23 | Top 5M | — |
Top 5 Consumer Goods companies in Latvia
#1
Seed · Riga, Riga · founded 2019 · 5 employees$635.6Kraised▾
Producer of a protein-rich microalgae spirulina intended to offer protein and vitamin-rich energy drinks and liquid supplements. The company's microalgae contain all essential amino acids and vitamins as well as natural antioxidants and protein and it's low in fiber and easy to digest, enabling users to take care of their health without consuming animal protein.
#2
Acquired · Riga, Riga · founded 2001 · 174 employees$3.1Mraised▾
Manufacturer & supplier of bath and skin care cosmetics
#3
Early Stage · Cesis, Cesis Municipality · founded 1992 · 141 employees$1.9Mraised▾
Manufacturer of environment-friendly garden furniture designed to make living comfortable and connected to nature. The company's garden furniture is made from harsh wood-like conifers from Northern European wood and includes multiple wooden outdoor furnishings and structures, including garden tables and benches, gazebos, sheds, wooden terraces, children's play areas and footbridges, enabling consumers to get long-lasting outdoor wooden furniture of high quality and to come close to nature.
#4
Deadpooled · Pure, Tukums Municipality · founded 2014$337.4Kraised▾
Manufacturer of health supplement products based in Latvia. The company specializes in the production and distribution of chocolate-based nutritional supplements for patients suffering from cardiovascular, neural and immune system disorders.
#5
Acquired · Riga, Riga · founded 2009—raised▾
Brand of natural skin care products
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Consumer Goods 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.