Radar › Companies › Real Estate and Construction Tech · Latvia
Radar · Real Estate and Construction Tech in Latvia

Best Real Estate and Construction Tech Companies in Latvia

The 32 best Real Estate and Construction Tech companies in Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Orocon.

32companies tracked
$63.7Kdisclosed funding
0unicorns
3have raised
Sources & further reading
  • ResearchAndMarkets.com
FLIAR INTELLIGENCE · REAL ESTATE AND CONSTRUCTION TECH × LATVIA

Our analysis of 292 Real Estate and Construction Tech companies

$38.8b in tracked funding; 94% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

292companies analysed
94%cloud-native stacks
2025funding peak (by rounds)
18unicorns
2017median founding year

Ranked: Best Real Estate and Construction Tech companies in Latvia

#CompanyDisclosed fundingRevenueEmployeesFoundedFounderTech stackRecent signals
1Forta PRO
Manufacturer of modular buildings for different sectors
—$2M
FY2019
22014Martins Motivans
CEO
——
2Aquila Harbor Cranes
Provider of maritime cranes and port equipment marketplace
—$2M
FY2024
42012Andis Ratnieks
Founder & CEO
——
3Tehhe
A property management solutions provider offering a range of services to help homeowners maintain and…
—$1M
FY2022
41——WordPressMySQLPHP+16—
4Allatherm
Provider of thermal science and heat transfer devices
—$928K
FY2023
15
15 → 8 (-47%)
2016Donatas Mishkinis
Founder
——
5AdvanGrid
Provider of energy management solutions
—$643K
FY2023
82016Oskars Gutmanis
CEO
Webflowcore-jsSwiper+14—
6Ventspils Nami
An online agency providing property management and maintenance services, focusing on multi-apartment…
—$341K
FY2022
15————
7Wasserkabel
Provider of water capillary mats for heating and cooling solutions
—$326K
FY2019
162015———
8Mauglo
Smart street light systems
—$252K
FY2022
102011Martins Buzerins
CEO
——

Top 6 Real Estate and Construction Tech companies in Latvia

#1
Public · Riga, Riga · founded 2016 · 8 employees
$24.8Kraised
▾

Orocon is a SaaS-based web and mobile application for task management and maintenance for construction projects. Its solutions include Orocon PM and Orocon MM helps users to take photos of inconsistencies, create, assign, and manage assign tasks. Orocon HM helps in execution and planning of maintenance or repair works.

Funding rounds
  • Mar 2018Seed$24.8K
Founders & team
Jevgēnijs BlausCo-Founder & CTOAleksandrs SvaikovsCo-Founder & CEO
Investors
Startup Wise Guys, Baltic Tech Ventures
#2
Deadpooled · Riga, Riga · founded 2017 · 2 employees
$24Kraised
▾

Provider of a property pricing information platform intended to help real estate owners discover a property's true market value. The company's platform applies machine learning to estimate apartment prices in Riga with a high degree of accuracy, enabling homeowners, buyers, and renters to easily keep track of their property's value.

Founders & team
Raul Abreu LastraCo-FounderOskars GavrisevsCo-Founder
Investors
Startup Wise Guys
#3
Deadpooled · Riga, Riga · founded 2011
$15Kraised
▾

Metaseach engine for listing platform in Latvia.

Founders & team
Karlis SprogisCo-FounderRaimonds SamofalsCo-Founder & CTO
Investors
Startupbootcamp
#4
Seed · Riga, Riga · founded 2014 · 2 employees
—raised
▾

Manufacturer of modular buildings for different sectors. It's a modular construction company that designs and builds facilities for the healthcare, hospitality, and residential sectors. It also provides bathroom pods, generic modular apartments, etc.

Funding rounds
  • Jan 2023Seed—
Founders & team
Martins MotivansCEO
Investors
Samsung C&T
#5
Deadpooled · Riga, Riga · founded 2018 · 4 employees
—raised
▾

SaaS-driven bidding management software solutions for construction professionals. Its features include form creation, file exporting, PDF file exporting, automated summary calculation, team management, historical data management, and more.

Funding rounds
  • Oct 2021Seed—
Founders & team
Sergei WingCo-FounderVitaly PetrovCo-Founder & CEO
Investors
Alchemist Accelerator, Overkill Ventures
#6
Funding Raised · Riga, Riga · founded 2016 · 15 employees
—raised
▾

Provider of thermal science and heat transfer devices

LinkedIn Pulse recent public activity · Jul 2026
Audience: 312 LinkedIn followers — 7.6% of this cohort's audience
Founders & team
Donatas MishkinisFounder
Investors
EIC Fund

Funding & investor landscape

$63.7Ktotal disclosed funding
3companies funded
1disclosed rounds
0rounds last 90 days
Most active investors
Startup Wise Guys2 rounds
Alchemist Accelerator1 rounds
Baltic Tech Ventures1 rounds
EIC Fund1 rounds
Forexify1 rounds
Neo1 rounds
Overkill Ventures1 rounds
Samsung C&T1 rounds
Startup Sauna1 rounds
Startupbootcamp1 rounds

Notable founders

Jevgēnijs Blaus
Co-Founder & CTO · Orocon
Aleksandrs Svaikovs
Co-Founder & CEO · Orocon
Raul Abreu Lastra
Co-Founder · Vartus
Oskars Gavrisevs
Co-Founder · Vartus
Karlis Sprogis
Co-Founder · Nippo
Raimonds Samofals
Co-Founder & CTO · Nippo
Martins Motivans
CEO · Forta PRO
Sergei Wing
Co-Founder · Fixtender
Vitaly Petrov
Co-Founder & CEO · Fixtender
Donatas Mishkinis
Founder · Allatherm
Prism market signals · Latvia · country-scoped Prism corpus, 321,045 docs

Market landscape — 10 sub-themes by coverage

Share of Real Estate and Construction Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Latvia

How research on Proptech & Construction Tech is moving in Latvia

A read on the academic research around Proptech & Construction Tech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 11 Latvia-affiliated papers.

top research entities
  • Riga Technical University8
  • Institute of Economics2
  • Institute of Mathematics and Computer Science1
leading researchers
Sakdirat Kaewunruen · Charalampos Baniotopoulos · Patrick Teuffel · Māris Kaļinka · Modris Dobelis · Aldebei Faisal Mohammad Fahid · Mihály Dombi · Hamza Driou
▲ Breakthroughs1 · 9%
0%→0% share
0 median citations100% since 2021mostly empirical
Breakthroughs are cooling (0%→0% of field), led by Stakeholder.
rising sub-themes (early→recent)
  • Stakeholder1
  • Digital asset management1
  • Asset (computer security)1
  • Value (mathematics)1
  • Value chain1
◆ Advancements4 · 36%
0%→0% share
2 median citations100% since 2021mostly empirical
Advancements are cooling (0%→0% of field), led by Building information modeling.
rising sub-themes (early→recent)
  • Building information modeling3
  • Circular economy2
  • Stakeholder2
  • Reuse1
  • Resource efficiency1
Landmark Stakeholder perspectives on the costs and benefits of circular construction · 12 cites
▼ Concerns4 · 36%
0%→0% share
7 median citations75% since 2021mostly empirical
Concerns are cooling (0%→0% of field), led by Building information modeling.
rising sub-themes (early→recent)
  • Building information modeling2
  • Reuse1
  • Demolition waste1
  • Circular economy1
  • Stock (firearms)1
Landmark Mining the Built Environment: Telling the Story of Urban Mining · 42 cites
RESEARCH HOTSPOTS · Latvia

Where proptech construction is researched across Latvia

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Riga8 · +0.39
Opportunity · Stakeholder

Common questions

How many Real Estate and Construction Tech companies are there in Latvia?
Radar tracks 32 indexable Real Estate and Construction Tech companies headquartered in Latvia that meet our profile-completeness bar.
What is the total funding raised by Real Estate and Construction Tech companies in Latvia?
The Real Estate and Construction Tech companies in Latvia on this list have raised a combined $63.7K in disclosed equity funding across 3 funded companies.
Which is the highest-funded Real Estate and Construction Tech company in Latvia?
Orocon is the highest-funded Real Estate and Construction Tech company in Latvia, with $24.8K in disclosed equity funding.
How many Real Estate and Construction Tech companies in Latvia are funded?
3 of the 32 Real Estate and Construction Tech companies in Latvia on this list have disclosed at least one equity funding round.
How many Real Estate and Construction Tech unicorns are there in Latvia?
None of the Real Estate and Construction Tech companies in Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Latvia Real Estate and Construction Tech companies?
The most active investors in Latvia Real Estate and Construction Tech companies on this list include Startup Wise Guys, Alchemist Accelerator, Baltic Tech Ventures, EIC Fund, Forexify.
Riya SenguptaFinancials

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.

Coming soon