Radar Companies Retail · Lithuania
Radar · Retail in Lithuania

Best Retail Companies in Lithuania

The 113 best Retail companies in Lithuania in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vinted.

113companies tracked
$904.6Mdisclosed funding
1unicorns
12have raised

Lithuania's Retail sector has a funding story that's almost entirely one company's story. Across 113 tracked companies with $905M in total disclosed funding, Vinted accounts for $872M of that pool, which tells you everything about how concentrated this market really is. The global retail market sits at roughly $795.6B in 2024 and is forecast to reach $1,283.6B by 2034 at a 4.0% CAGR, driven by GenAI adoption and shifting consumer demand. Lithuania punches well above its weight given that one unicorn.

Beyond Vinted, the directory thins out fast. PHH Group leads the rest at $16M, with PIXEVIA at $3M and eany.io at $2M rounding out the disclosed tier. So what's actually moving? Mobile. Across 806 retail and internet retail apps, median install growth is running at roughly +20% YoY, and I'd watch that figure closely as a proxy for where early-stage operators are finding traction. DMart's fresh 43,000 sq ft lease in Gurgaon signals physical retail isn't done either. Active backers here include Practica Capital, Mes Invest and CoInvest Capital, with flagship pricing and retail expenditure trends dominating the research conversation this quarter.

Sources & further reading

Ranked: Best Retail companies in Lithuania

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackRecent signals
1ACC Distribution
Wholesale of electronic equipment products
Unfunded14WordPressMySQLPHP+17
2activesec
ActiveSec is a mobile web development and marketing company offering mass end-user entertainment and…
Private1
3adeo web
B2B/B2C eCommerce agency have been providing solutions that transform online businesses.
4AgroBirza
Digital produce trading platform
Seed1Lukas Ambrazeviciaus
CEO & MD
5Akropolis
Shopping and entertainment center offering a range of services and products across various formats, including…
Unfunded19WordPressSentryMySQL+24
6Anksti.lt
Online retailer offering baby care products
Funding RaisedGiedre Sopaite Silinskiene
Founder
7Apranga
Apranga APB is a fashion retailer company. It is engaged in the retail distribution of apparel.
Public2,206Rimantas Perveneckas
CEO
Apple iCloud MailNode.jsAnimate.css+9
8Armitana
Family of companies managing multiple retail chains, mono-brand stores, and e-commerce sites in the fashion…
Unfunded54WordPressPleskMySQL+10

Top 12 Retail companies in Lithuania

#1
Vinted 🦄
Series F · Vilnius, Vilnius County · founded 2008 · 612 employees
$872Mraised

Online retailer of clothing, shoes, and accessories for women, men, and kids. It provides a platform for buying and selling pre-owned fashion items. The platform offers a catalog with various categories, including designer items, home goods, electronics, entertainment, and hobbies. It facilitates transactions between individuals for secondhand goods.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 167k LinkedIn followers — 74.0% of this cohort's audience · 275 engagements/post (1.9× cohort median)
Activity: 1 expansions announced in 12 mo
Founders & team
Milda MitkuteCo-FounderMantas MikuckasCo-Founder Justas JanauskasCo-Founder
Investors
Insight Partners, Accel, TPG, Hedosophia, Baillie Gifford, Invus
Tech stack
AdjustAmazon S3Amazon SesAmazon Web ServicesApple Icloud MailCdnjs
#2
Seed · Vilnius, Vilnius County · founded 2023
$556.6Kraised

Online platform that connects consumers with expert craftsmen to provide fashion repair services. The company offers repair services for shoes, bags, and clothes. The platform facilitates bookings and payments, allowing customers to restore their damaged items.

Funding rounds
  • Feb 2026Seed$1.8M
  • Aug 2024Seed$556.6K
Founders & team
Tadas MaslauskasCo-Founder / CTORobertas KalinkinasCo-FounderIndre ViltrakyteCo-Founder & CEO
Investors
FIRSTPICK, BADideas.fund, PurposeTech, HEARTFELT_, Ngl, HEARTFELT
Tech stack
American ExpressApple PayBabelBugsnagCart FunctionalityCloudflare
#3
Seed · Vilnius, Vilnius County · founded 2013 · 13 employees
$2.9Mraised

Developer of an AI platform for autonomous retail store operations. The platform integrates artificial intelligence to enhance customer experience and streamline operations. It supports autonomous, twenty-four seven store operation with theft prevention. The platform provides real-time stock information, out-of-stock alerts, customer analytics data, and demand forecasting. The technology includes cameras, sensors, and servers.

Funding rounds
  • Jan 2025Seed$352K
  • May 2024Seed$1.6M
  • Jul 2020Seed$1.3M
  • 2019Grant (prize money)
Founders & team
Mindaugas EglinskasFounder & CEO
Investors
CoInvest Capital, Iron Wolf Capital, Commerce Ventures, MassChallenge, Open Circle Capital, Practica Capital
#4
Seed · Vilnius, Vilnius County · founded 2010
$2.2Mraised

Online B2B marketplace for buying and selling products

Founders & team
Mindaugas ApanaviciusFounder & CEO
Investors
Market One Capital, Practica Capital
Tech stack
Apache Http ServerApple Icloud MailBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#5
Series B · Vilnius, Vilnius County · founded 2021 · 300 employees
$16.1Mraised

Online marketplace offering a wide range of products. The company claims to offer a variety of products from various brands.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Funding rounds
  • Sep 2023Series B$16.1M
Investors
EBRD, MidEuropa, MCI Capital, LTk Capital
#6
Seed · Kaunas, Kaunas County · founded 2022 · 9 employees
$1.2Mraised

Internet-first brands offering home appliances. The product catalog includes heaters, thermostats, and faucet filters. The company also has an app that enables users to control the heater and track the energy used by the products. The app is available to download from the google play store and apple app store.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 product launches · 3 partnerships (incl. M&M Trades Rep) announced in 12 mo
Funding rounds
  • Nov 2023Seed$1.2M
Founders & team
Madi AChief Executive Officer
Investors
Ada Ventures, FP Solutions, Focal, Techstars, Norrsken Evolve, Volpini Ventures
Tech stack
AliaAmazon S3Amazon Web ServicesAosApple Icloud MailApple Pay
#7
Seed · Vilnius, Vilnius County · founded 2019
$3.2Mraised

Provider of a platform for managing beauty appointments and client information. The platform offers tools for scheduling, client communication, and payment processing. It facilitates appointment booking, automated reminders, and client history tracking. The platform also provides features for electronic payments and client data management.

Funding rounds
  • Dec 2022Seed$3.2M
Founders & team
Justas VitenasCo-FounderKlaudijus AmbrozasCo-Founder & CEO
Investors
Byfounders, Practica Capital, Crosspring, Motieka Investment Fund, Founders, Motieka & Audzevicius
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCookiebotCore-JsFacebook Pixel
#8
Seed · Vilnius, Vilnius County · founded 2021
$328.2Kraised

App-based platform for pet owners to find pet sitters. The platform helps users to find and book a pet sitter near them. The app allows pet owners to take an active role in their pet's health and care. It also offers pet insurance services.

Funding rounds
  • Nov 2023Seed$328.2K
Founders & team
Deividas Celencevičius-BoopCo-Founder & CEOGerda MazilyteCo-Founder
Tech stack
AosBootstrapBootstrap IconsCookiebotCore-JsFacebook Pixel
#9
Seed · Vilnius, Vilnius County · founded 2014 · 7 employees
$268.3Kraised

Operator of a knitwear retail company intended to provide artisanal clothing to customers. The company offers hand-made and semi-handmade knitwear such as mini crop tops, delcia sweaters, kopa vests, pieva bralettes, lake tops, and jackets, enabling customers to acquire handcrafted fashion that contributes to social welfare.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Founders & team
Sandra PangonyteCo - Founder & CEO
Investors
Viktorija Trimbel, CoInvest Capital
Tech stack
American ExpressAnime.JsApple PayCart.JsCloudflareCloudflare Bot Management
#10
Seed · Vilnius, Vilnius County · founded 2016 · 5 employees
$1.7Mraised

Manufacturer and retailer of mixers and fruit blenders intended to provide healthy and convenient eating. The company's products are equipped with a smart touch feature and sensor lid which can be operated via a mobile application, with its base installed with firmware, which can update and improve the product month by month, enabling customers to have a convenient and healthy meal experience.

Founders & team
Ruslanas TrakselisFounder & CEOAivaras BakanasCo-Founder & CCOErika MaslauskaiteCo-Founder & CMO
Investors
Iron Wolf Capital, Circle Venture Capital, CoInvest Capital
Tech stack
Cart FunctionalityShopifyBootstrapPaypalApple PayZendesk
#11
Series A · Vilnius, Vilnius County · founded 2013
$2Mraised

Online platform providing rewards

Founders & team
Sergej OparaCo-Founder & CTOMantas RauckisCo-FounderIlja PolivanovasCo-Founder
Investors
Online Venture, Practica Capital, On-Line Ventures
Tech stack
CloudflareHttp/3
#12
Seed · Vilnius, Vilnius County · founded 2012
$889.8Kraised

Provider of mobile wallet platform provider for banks and merchants. The company provides eWallet solutions for banks, financial institutions, payment service providers, and merchants to develop mobile wallet systems to accept mobile payments from customers for their service. The platform provides integration from any mWallet on the platform that can be used to pay bills.

Investors
Entree Capital, Startupbootcamp, Lloyds Banking Group
Tech stack
WordpressMysqlPhpYoast SeoNginxSlick

Funding & investor landscape

$904.6Mtotal disclosed funding
17companies funded
11disclosed rounds
0rounds last 90 days
Most active investors
Mes Invest5 rounds
Practica Capital5 rounds
CoInvest Capital4 rounds
Nextury Ventures4 rounds
Era Capital3 rounds
Startup Wise Guys3 rounds
70V2 rounds
BADideas.fund2 rounds
FIRSTPICK2 rounds
Iron Wolf Capital2 rounds

Notable founders

Milda Mitkute
Co-Founder · Vinted
Mantas Mikuckas
Co-Founder · Vinted
Tadas Maslauskas
Co-Founder / CTO · Tingit
Robertas Kalinkinas
Co-Founder · Tingit
Mindaugas Eglinskas
Founder & CEO · PIXEVIA
Mindaugas Apanavicius
Founder & CEO · eany.io
Madi A
Chief Executive Officer · BOLDR
Justas Vitenas
Co-Founder · Watalook
Klaudijus Ambrozas
Co-Founder & CEO · Watalook
Deividas Celencevičius-Boop
Co-Founder & CEO · Boop App
Gerda Mazilyte
Co-Founder · Boop App
Sandra Pangonyte
Co - Founder & CEO · The Knotty Ones
Prism market signals · Lithuania · country-scoped Prism corpus, 102,030 docs

Market landscape — 10 sub-themes by coverage

Share of Retail coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Retail companies are there in Lithuania?
Radar tracks 113 indexable Retail companies headquartered in Lithuania that meet our profile-completeness bar.
What is the total funding raised by Retail companies in Lithuania?
The Retail companies in Lithuania on this list have raised a combined $904.6M in disclosed equity funding across 17 funded companies.
Which is the highest-funded Retail company in Lithuania?
Vinted is the highest-funded Retail company in Lithuania, with $872M in disclosed equity funding.
How many Retail companies in Lithuania are funded?
17 of the 113 Retail companies in Lithuania on this list have disclosed at least one equity funding round.
How many Retail unicorns are there in Lithuania?
1 Retail company in Lithuania on this list is valued at $1B or more.
Who are the top investors in Lithuania Retail companies?
The most active investors in Lithuania Retail companies on this list include Mes Invest, Practica Capital, CoInvest Capital, Nextury Ventures, Era Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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