Radar · Travel and Hospitality in Riga
Best Travel and Hospitality Companies in Riga, Latvia
The 94 best Travel and Hospitality companies in Riga, Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: MYCABIN.
By Riya SenguptaFinancials
94companies tracked
$1.7Mdisclosed funding
0unicorns
1have raised
Ranked: Best Travel and Hospitality companies in Riga
| # | Company | Disclosed funding | Revenue | Net margin | Employees | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Averoja Provider of travel agency offering corporate travel services | — | $16M FY2022 | +2% | 13 | 1996 | — | — |
| 2 | Baltic Travel Group Provider of travel agency services | — | $14M FY2022 | +0% | 25 | 2000 | WordPressMySQLPHP+10 | — |
| 3 | Amber Jet Group Provider of charter and jet services | — | $14M FY2022 | +0% | 14 | 2016 | — | — |
| 4 | INTERLUX Travel Tourism operator offering travel packages to various destinations | — | $9M FY2022 | +7% | 16 | — | PHPZohoLaravel+20 | — |
| 5 | Jet Flight Service Provider of aviation maintenance services | — | $8M FY2022 | +11% | 37 | 2002 | WordPress Block EditorWordPressPlesk+17 | — |
| 6 | FavoritRent Car rental company offering a range of vehicles for both short-term and long-term rentals | — | $5M FY2023 | +5% | 11 | 2012 | Google MapsBootstrapNginx+14 | — |
| 7 | ITAKA Travel organizer company | — | $4M FY2023 | -37% | 13 | 1989 | TypeScriptGraphQLNode.js+15 | — |
| 8 | AERODIUM Producer of vertical wind tunnels for public entertainment, offering patented technology for flying… | — | $3M FY2024 | — | — | 1979 | Microsoft ClarityLinkedin Insight TagLeadfeeder+10 | — |
| 9 | Baltic GSA Provider of outsourcing services for cruise lines, airlines, and other travel industry companies, offering… | — | $3M FY2023 | +6% | 2 | 2009 | — | — |
| 10 | G7 Aviation Operator of private charter flight | — | $2M FY2023 | +9% | 2 | 2021 | — | — |
| 11 | Avanti Provider of travel agency services | — | $2M FY2023 | +2% | 2 | — | — | — |
| 12 | Islande Hotel Operator of hotels | — | $2M FY2021 | -30% | 81 | 2006 | WordPressMySQLPHP+20 | — |
| 13 | FCG OPS Provider of ground handling, trip support and dispatch services | — | $2M FY2023 | +1% | 35 | 2000 | WordPressMySQLPHP+22 | — |
| 14 | DTC Nams Operator of railway components and infrastructure | — | $1M FY2022 | +5% | 1 | 2014 | — | — |
| 15 | Jaunmoku pils Operator of hotels | — | $1M FY2023 | +10% | 17 | 1901 | WordPress Block EditorElementorCart Functionality+34 | — |
| 16 | Duck Republik Operator of standalone hotel | — | $973K FY2022 | +27% | 10 | 2020 | WordPressMySQLPHP+35 | — |
| 17 | InterAssist Provider of clients traveling abroad, ensuring safety in various destinations | — | $891K FY2022 | +6% | 9 | 2014 | — | — |
| 18 | Baltic Holidays Operator of baltic tours and travel experiences | — | $883K FY2017 | -5% | 16 | 1999 | Microsoft ASP.NETBootstrapReact Router+21 | — |
| 19 | Hotel Bergs Operator of hotel | — | $721K FY2023 | -71% | 16 | 1887 | WordPress Block EditorWordPressMySQL+15 | — |
| 20 | Dandelion Apartments & Suites Company that manages short-term rental apartments | — | $613K FY2022 | +1% | 1 | 2017 | — | — |
| 21 | Digital Art House Operator of art gallery | — | $557K FY2022 | -5% | — | 2018 | TildaPythonDjango+15 | — |
| 22 | AeroKnow Aviation company specializing in designing and manufacturing minor aircraft components | — | $527K FY2024 | — | 3 | 2021 | — | — |
| 23 | RailBaltica Provider of rail infrastructure and transport services | — | $384K FY2025 | — | 142 | 2014 | WordPressApple iCloud MailMicrosoft 365+22 | 1 partnership · 2 expansions |
| 24 | Birkenfelds Art gallery featuring a diverse collection of artworks from various artists | — | $369K FY2023 | +12% | 1 | 1994 | PHPVideoJSBootstrap+11 | — |
| 25 | Auto VIP Buss Operator of buses | — | $351K FY2022 | +14% | 6 | — | — | — |
| 26 | Auto Ragana Provider of car rental services | — | $282K FY2023 | +4% | 4 | — | Node.jsVue.jsNuxt.js+7 | — |
| 27 | Airtraining Provider of flight training programs and maintenance services for commercial pilots and aircraft operators | — | $263K FY2022 | +2% | 13 | 2006 | — | — |
Top 4 Travel and Hospitality companies in Riga
#1
Seed · Riga, Riga · founded 2020$1.7Mraised▾
Seed · Riga, Riga · founded 2020
Designer and developer of modular houses intended to provide ready-made houses for comfortable living. The company offers timber frame Scandinavian design holiday homes of various sizes that can be placed anywhere where construction is permitted, ensuring customers with convenient and easy-to-buy vacation homes.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 partnerships · 3 expansions (incl. Rgas Ekonomikas augstskola - Stockholm School of Economics in Riga students) announced in 12 mo
Founders & team
Investors
Merito Partners
Tech stack
BootstrapCore-JsFacebook PixelGoogle AnalyticsGoogle CloudGoogle Cloud Cdn
#2
Funding Raised · Riga, Riga · founded 2003 · 5 employees—raised▾
Funding Raised · Riga, Riga · founded 2003 · 5 employees
Provider of accessible, safe & sustainable public transport system, road transport, and parking services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 partnerships (incl. Vecrgai) announced in 12 mo
Investors
European Union, Callidus Capital
Tech stack
AzureDigicertExpressFancyboxHstsJquery
#3
Funding Raised · Riga, Riga · founded 2014 · 142 employees—raised▾
Funding Raised · Riga, Riga · founded 2014 · 142 employees
Provider of rail infrastructure and transport services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 21.4% of this cohort's audience
Activity: 1 partnerships · 2 expansions (incl. Port Polska | Centralny Port Komunikacyjny) announced in 12 mo
Investors
Europa
Tech stack
Apple Icloud MailCart FunctionalityCloudflareGoogle AnalyticsHstsIis
#4
Funding Raised · Riga, Riga · founded 2012 · 28 employees—raised▾
Funding Raised · Riga, Riga · founded 2012 · 28 employees
Developer of dual fuel systems intended for high horsepower diesel engine applications locomotives and energy sectors. The company offers services such as feasibility studies, commercial offers, detailed technical projects, and after-sale servicing, enabling clients with both the long-term cost-saving and the environmental benefits of LNG and CNG.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 868 LinkedIn followers
Founders & team
Investors
EIC Fund
Funding & investor landscape
$1.7Mtotal disclosed funding
1companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
Prism market signals · Latvia · country-scoped Prism corpus, 464,242 docs
Market landscape — 10 sub-themes by coverage
Share of Travel and Hospitality coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
How many Travel and Hospitality companies are there in Riga, Latvia?
Radar tracks 94 indexable Travel and Hospitality companies headquartered in Riga, Latvia that meet our profile-completeness bar.
What is the total funding raised by Travel and Hospitality companies in Riga, Latvia?
The Travel and Hospitality companies in Riga, Latvia on this list have raised a combined $1.7M in disclosed equity funding across 1 funded companies.
Which is the highest-funded Travel and Hospitality company in Riga, Latvia?
MYCABIN is the highest-funded Travel and Hospitality company in Riga, Latvia, with $1.7M in disclosed equity funding.
How many Travel and Hospitality companies in Riga, Latvia are funded?
1 of the 94 Travel and Hospitality companies in Riga, Latvia on this list have disclosed at least one equity funding round.
How many Travel and Hospitality unicorns are there in Riga, Latvia?
None of the Travel and Hospitality companies in Riga, Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Riga, Latvia Travel and Hospitality companies?
The most active investors in Riga, Latvia Travel and Hospitality companies on this list include Callidus Capital, EIC Fund, Europa, European Union, Merito Partners.
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.