Best Healthcare Companies in Latvia
The 265 best Healthcare companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pharmidea.
Latvia's Healthcare sector is small by global standards, but it's real, tracked, and worth your attention. This directory maps 265 companies operating across the country, with $3M in total disclosed funding, no unicorns, and a clear funding hierarchy that Pharmidea leads at $1M, followed by Koatum at $693,590 and MolPort at $565,090. Strict compliance with product safety shapes how these companies grow, which partly explains the measured pace of capital deployment here. The [global healthcare market hit roughly $2 trillion in 2020 and is forecast to reach $2.6 trillion by 2025](https://www.newswire.ca/news-releases/global-healthcare-to-soar-above-2-trillion-in-2020-with-consumerism-and-outcome-based-care-models-848691825.html), a 6.3% CAGR driven by virtual touchpoints and shifting care delivery preferences. Latvia sits far from that scale, but the structural forces are identical.
So what's actually moving here? App adoption is one signal I'd watch: median install growth across healthcare apps is running at about +16% YoY across 53 tracked apps, which tells you consumer engagement is building even where funding is thin. Hot sector themes right now cluster tightly around vaccine candidates, trials, and immunogenicity research, suggesting where the next funding conversations may start. As recent analysis on AI implementation in healthcare organizations makes clear, technology is actively reshaping how care gets delivered, and that pressure reaches smaller markets too. The funding is modest. The momentum isn't.
- Global Healthcare to Soar Above $2 Trillion in 2020 with Consumerism a
- Global Healthcare to Soar Above $2 Trillion in 2020 with Consumerism a
- Healthcare Consumers in Asia-Pacific Prefer a Single Touchpoint
Ranked: Best Healthcare companies in Latvia
| # | Company | Disclosed funding | Revenue | Employees | Net margin | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | A2Z Pharma Wholesale distributor of pharmaceutical goods, medical devices, and food supplements | — | $16M FY2023 | 3 | +2% | 2018 | — | — |
| 2 | Pharmidea Specialty company developing treatment for cancer | $1M | $8M FY2022 | 106 | -12% | 2008 | WordPressMySQLPHP+18 | — |
| 3 | AlenMed Promotion Marketing and distribution company that provides integrated business solutions for pharmaceutical products | — | $6M FY2022 | 11 | +32% | 2005 | — | — |
| 4 | MolPort Marketplace based service for ordering screening compounds for drug discovery | $565K | $5M FY2024 | 27 | — | 2006 | Cart FunctionalityJavaReact+11 | — |
| 5 | AB Medical Group Riga Healthcare company providing medical services | — | $4M FY2023 | 24 | +11% | 1998 | — | — |
| 6 | ABEDD Manufacturer of veterinary bedding products | — | $4M FY2022 | 15 | +17% | 2000 | — | — |
| 7 | ARTROPULSS Medical equipment and instrument supplier | — | $3M FY2023 | 6 | +8% | 2003 | — | — |
| 8 | BioAvots Provider of molecular biology and genetics equipment and consumables, as well as supporting services, to… | — | $2M FY2023 | 9 | +3% | 2010 | — | — |
| 9 | Anroja Provider of dental services | — | $2M FY2023 | 24 | +4% | 2015 | WordPressMySQLPHP+25 | — |
| 10 | Binars DiaPlus Provider of binary-level thread sanitizer | — | $2M FY2023 | 5 | +5% | 2007 | — | — |
| 11 | Aptiekas produkcija Manufacturer of nutritional supplements | — | $1M FY2023 | 22 | +5% | 1997 | PHPGoogle MapsYouTube+11 | — |
| 12 | Ascendo klinika Standalone orthopedic clinic | — | $850K FY2023 | 10 | +14% | — | UbuntuVue.jsInertia.js+8 | — |
| 13 | LOR Klinika Chain of ENT clinics | $460K | $759K FY2022 | 28 | +9% | 2014 | WordPressMySQLPHP+28 | — |
| 14 | Barboleta Education company that offers innovative, balance-focused products and services to support child development… | — | $708K FY2022 | 28 | -1% | — | WordPress Block EditorCart FunctionalityWooCommerce+19 | — |
| 15 | Ar Smaidu Dental clinic offering a range of services including emergency care, regular check-ups, and treatment options… | — | $564K FY2022 | 11 | +5% | 2018 | PHPAmazon ALBAmazon Web Services+11 | — |
| 16 | ALPHA Dental Clinic Dental care provider | — | $526K FY2023 | 8 | +1% | — | PHPGoogle MapsAmazon ALB+7 | — |
| 17 | Arho Medicinas Serviss Provider of medical services and rehabilitation solutions for both children and adults | — | $477K FY2023 | 28 | -0% | 2007 | Framer SitesReactEmotion+6 | — |
| 18 | Bukrey Fit Chain of physical fitness centers | — | $416K FY2023 | 5 | +10% | 2016 | WordPressMySQLPHP+12 | — |
| 19 | AlMaDents Dental care clinic providing a range of services including general dentistry, oral hygiene, and cosmetic… | — | $336K FY2022 | 11 | -3% | — | — | — |
| 20 | Artagia Provider of suture practice kits and supplies for medical education and training | — | $330K FY2018 | 1 | +2% | 2006 | — | — |
| 21 | Alpino Perle Medical practice offering services of a wide range of specialists and various examinations | — | $322K FY2022 | 12 | +36% | 2024 | WordPress Block EditorElementorWordPress+28 | — |
| 22 | ARDE Dental Dental care provider offering diagnostic services | — | $315K FY2023 | 7 | +2% | 2007 | WebNodePHPHammer.js+5 | — |
| 23 | My Clinic Riga Standalone obstetrics & gynecology clinic | — | $288K FY2022 | 1 | -32% | 2016 | Node.jsVue.jsNuxt.js+11 | — |
Top 8 Healthcare companies in Latvia
#1
Seed · Olaine, Olaine Municipality · founded 2008 · 106 employees$1.5Mraised▾
Specialty company developing treatment for cancer
#2
Seed · Riga, Riga · founded 2014 · 3 employees$693.6Kraised▾
Operator of a medical technology company intended to develop a medical implant coating technology for dental and orthopedic implants. The company's implant provides rejection safety and faster healing of tissues and prevents inflammation and accelerates bone integration for a painless recovery, enabling patients to quickly recover from an operation injury.
#3
Seed · Riga, Riga · founded 2006 · 27 employees$565.1Kraised▾
MolPort was created to help scientists accelerate drug discovery by handling the ordering process of screening compounds and building blocks. Molport offers specialized expertise and software tools. MolPort specializes in sourcing hundreds or thousands of compounds from dozens of suppliers. The company offers screening compound sourcing, sample reformatting, package consolidation, and customs clearance services. This includes a single easily searchable comprehensive metacatalog of many suppliers and a special emphasis on small and niche suppliers and harder to find compounds; and help with identifying the best sources and obtaining a quotation.
#4
Seed · Riga, Riga · founded 2014 · 28 employees$459.7Kraised▾
Operator of a medical clinic intended to offer treatment for ears, nose, and throat problems. The company's medical clinic has specialists who diagnose and treat ear, nose, and neck diseases, enabling patients to get proper treatment for their diseases and disorders.
#5
Funding Raised · Latvia · 5 employees—raised▾
Manufacturer of springless backyard trampolines. These trampolines are designed for safety and durability, featuring a unique springless design and high-quality materials. They are built to withstand various climates and offer a long lifespan. A warranty is provided on all components. The trampolines are intended for recreational use in residential settings.
#6
Seed · Riga, Riga · founded 2016 · 1 employees—raised▾
Operator of a medical clinic providing medical consultation, diagnostics, surgery, and infertility treatment to its clients. The company uses the latest evidence-based techniques of diagnostics and treatment with a patient-centric approach, thereby enabling patients to receive optimal care for their respective needs.
#7
Funding Raised · Liepaja, Kurzeme Planning Region · founded 1995 · 143 employees—raised▾
Provider of laboratory services in Latvia. The company's offerings include immunological, clinical, hematological, immunohematological, coagulative, molecular biological, cytological, clinical, and human microbiological examination through a wide network of branches, enabling service doctors and patients to get access to a laboratory courier service set up to provide fast and secure sample logistics.
#8
Funding Raised · Riga, Riga · founded 1995—raised▾
Provider of hospital organizing solutions for senior citizens at home and in institutions
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Healthcare 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.