Best Enterprise Applications Companies in Latvia
The 157 best Enterprise Applications companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: AGroup.
Latvia's Enterprise Applications ecosystem isn't flush with unicorns, but 157 tracked companies and $13M in disclosed funding tell a real story about where Baltic software ambition is concentrating. Roibox leads the funding table at $2M, with Sorsera and CENOS each at $1M, and inGain at $691,834. So the capital is modest by global standards, but it's moving. The [global enterprise applications market hit $356B in 2023 and is forecast to reach $600B by 2028 at a 9.6% CAGR](https://www.cio.com/article/2496985/sap-salesforce-lead-356-billion-enterprise-applications-market-idc.html), driven by cloud migration and automation spend. Latvia's founders are building into that tailwind, mostly at seed stage, backed by repeat regional investors like Startup Wise Guys and Baltic Tech Ventures.
What's worth watching? Median install growth across enterprise software apps is running at roughly +16% YoY, which tells you end-user adoption isn't slowing even as AI is reshaping what enterprise applications actually do. I'd flag that the funding spread here is tight, meaning you're evaluating companies on traction and team more than war chests. Spotwise at $450,000 and THEO Growth at $445,970 are essentially neck-and-neck on disclosed capital, which makes momentum signals the real differentiator. This directory ranks them by equity funding and recent funding activity, giving you a clean starting point.
- SAP, Salesforce lead $356 billion enterprise applications market: IDC
- SAP, Salesforce, Oracle, Microsoft, Intuit lead enterprise application
Ranked: Best Enterprise Applications companies in Latvia
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 1work Meeting scheduling and meeting room booking software | — | — | — | 2010 | Lauris Liberts Co-Founder & Co-CEO | — | — |
| 2 | a-heads consulting A-Heads Consulting provides IT consulting, custom software development, and integration services to clients. | — | — | 10 | 2012 | — | — | — |
| 3 | Ajelix Developer of AI-powered tools for spreadsheet automation, analysis, and optimization | — | — | 1 | 2018 | Agnese J Founder | Cart FunctionalityWordPressMySQL+17 | — |
| 4 | Albus Bit Developer of active directory reporting tool designed to help make record generation, storing, scheduling and… | — | — | 1 | 2016 | — | — | — |
| 5 | Alto ERP Platform offering ERP software and solutions for construction industries | — | — | 1 | 2018 | — | — | — |
| 6 | Ants & Apps Provider of SaaS-based task automation software | — | — | — | 2020 | Roman Ruzin Co-Founder | — | — |
| 7 | APPLY Provider of industrial Artificial Intelligence(AI) solutions | — | — | 32 | 2012 | Agnis Jakubovics Founder | WordPressMySQLPHP+17 | — |
| 8 | Aquila Harbor Cranes Provider of maritime cranes and port equipment marketplace | — | — | 4 | 2012 | Andis Ratnieks Founder & CEO | — | — |
Top 12 Enterprise Applications companies in Latvia
#1
Seed · Riga, Riga · founded 2024$450Kraised▾
Provider of AI-powered radio ad monitoring and sales intelligence. This service offers real-time tracking of competitor radio advertisements, providing instant alerts and detailed transcripts. It includes a searchable ad library, allowing for analysis of competitor messaging and identification of sales opportunities. The platform facilitates lead generation by automatically identifying advertiser contact information and integrating with CRM systems. Automated alerts enable immediate follow-up on new advertising campaigns. The AI models support multiple languages, enabling global market monitoring.
- Apr 2026Seed$450K
#2
Seed · Marupe, Marupe Municipality · founded 2020 · 4 employees$1.4Mraised▾
Provider of web-enabled B2B procurement marketplace connecting buyers and suppliers. The company offers a collaborative platform connecting buyers, suppliers, partners, and other supply chain professionals. The platform helps in providing market analysis, requesting information, and having conversations between organizations.
- Sep 2024Seed$1.4M
#3
Seed · Ventspils, Ventspils Municipality · founded 2023$446Kraised▾
Competitive positioning intelligence platform for brand strategists. It is a competitive positioning intelligence platform that maps category landscapes from the brand's perspective. Instead of spending days Googling, prompting AI tools, and checking competitors' websites and social media, you get structured analysis that combines competitive messaging with strategic and operational reality growth phase, pricing position, business model, and geographical scope, all considered together. Every competitor is evaluated through the same framework, with strategic insights and a clear rationale.
- Feb 2025Seed$446K
- Angel—
#4
Seed · Riga, Riga · founded 2011 · 16 employees$691.8Kraised▾
Developer of a customizable no-code lending platform designed to automate the lending process for lenders, fintech, and banks. The company offers a lending platform that automates the full lending lifecycle, lightweight product, and market testing, a no-code interface for real-time business intelligence data, limitless system customization, and no business continuity risks or vendor lock-in, enabling financial services companies to launch new products and markets quickly, adapt lending rules.
#5
Acquired · Riga, Riga · founded 2020 · 13 employees$2.1Mraised▾
Platform offering location based ad solution. It leverages location data that help advertisers to analyze, segment, and target the audiences. It depicts where the ads are being displayed and the conversion rates of the ads.
#6
Seed · Riga, Riga · founded 2017 · 14 employees$1.1Mraised▾
CENOS offers 3D simulation software for induction heating applications. Its features include geometry design tool, automatic and user-controlled meshing, optimal calculation time, tools for fast estimation, post-processing of results, and steady state & transient simulation. It offers a subscription-based pricing model. Himmelwerk, SMS Elotherm, and DLR are part of its clientele.
- Feb 2022Seed$1.1M
- Feb 2020Seed$150K
- Mar 2017Seed$21.1K
#7
Seed · Riga, Riga · founded 2008 · 62 employees$2.1Mraised▾
Developer of a human capital management platform intended to manage human potential in organizations. The company's platform offer payroll calculation, workforce management, time and labor, employee self-service and other applications for the growth of the economy, enabling businesses to reduce complexity and maximize productivity.
#8
Seed · Riga, Riga · founded 2018 · 1 employees$275.6Kraised▾
Cloud-based contingent workforce management platform for employee scheduling. It is a decision-making tool that employs artificial intelligence technology to improve the outputs of workforce management systems by making staffing recommendations. It is SaaS platform for planning and organizing staffs.
- Apr 2023Seed$275.6K
#9
Seed · Riga, Riga · founded 2013 · 26 employees$1.3Mraised▾
Developer of advanced data visualization software designed to create complex and interactive data visualizations with minimal input. The company's software offers a cross-platform that integrates content drill-down and multi-touch enabled big data visualizations into web projects, enabling clients to create dynamic interactive graphs optimized and java-script charts for touch-screen devices and web applications.
#10
Deadpooled · Jekabpils, Jekabpils Municipality · founded 2017$930Kraised▾
Developer of a mobile-first employee benefits application designed to attract and retain millennial talent. The company's application provides popular benefits like meal or gym vouchers in digital form and provides features such as micro team building, lunch quests, socializing over meals, engagement, and gamification opportunities, enabling companies to effectively engages next-generation employees.
#11
Acquired · Marupe, Marupe Municipality · founded 2008 · 37 employees$630Kraised▾
Vendon is a vending management software company. It started with finding a smarter way to manage vending machine refills. Now it provides an end-to-end solution to manage the vending process. Vendors can see real time updates pertaining to their vending machines. They can automatically generate routes and provide alerts whenever stock needs to be re-filled eliminating unnecessary trips to vending machines. Some of their clients include Pelican Rouge, TopSec, King Coffee Service, ATS, Vending Land, etc.
#12
Acqui-Hired · Riga, Riga · founded 2009 · 22 employees$500Kraised▾
Mailigen is an email marketing automation solution. It allows users to create & deliver marketing emails with features such as autoresponders, A/B testing, scheduling, list management, real-time analytics, and others. Automation features include behaviour-based trigger response tools, dynamic email content, RSS & XML driven email, and other. Offers third-party integration through API. The pricing model is subscription-based.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Enterprise Applications 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.