Have you ever wondered who is on the list of companies with the highest growth rates in Lithuania?
You’re not alone.
There are hundreds of companies in this country, and it can be difficult to keep track of them all.
We've decided to take a deep dive and put together a list containing 76 fast-growing startups in Lithuania that have top-tier venture capital funding.
76 Startups in Lithuania 1) Vinted Vinted is a secondhand clothing store and community on the internet.
Details of the startup:
City: Vilnius Started in: 2008 Founders: Justas Janauskas, Mantas Mikuckas, Milda Mitkute Industries: E-Commerce, Fashion, Internet, Marketplace, Mobile Number of employees: 501-1000 Funding amount: $562,278,727 Number of funding rounds: 6 Number of investors: 9 You can find their website here .
2) Interactio Interactio is a mobile technology that substitutes translation equipment during live events by providing remote simultaneous interpretation.
Details of the startup:
City: Vilnius Started in: 2014 Founders: Domas Labokas, Henrikas Urbonas, Simona Andrijauskaitė Industries: Apps, Events, Mobile Apps, Productivity Tools, Software Number of employees: 11-50 Funding amount: € 24,980,000 Number of funding rounds: 4 Number of investors: 9 You can find their website here .
3) Affise Affise is a corporate partnership-building performance marketing tool.
Details of the startup:
City: Vilnius Started in: 2016 Founders: Dmitri Zotov, Stanislau Litvinau Industries: Advertising, Affiliate Marketing, Business Intelligence, Enterprise Software, Marketing Automation Number of employees: 101-250 Funding amount: $9,800,000 Number of funding rounds: 3 Number of investors: 2 You can find their website here .
4) Trafi Trafi is a mobility-as-a-service platform that helps communities and businesses achieve their objectives by providing shared transportation solutions.
Details of the startup:
City: Vilnius Started in: 2013 Founders: Algimantas Krasauskas, Dr. Jurgis Pasukonis, Mantas Vizbaras, Martynas Gudonavicius Industries: Apps, Car Sharing, Information Technology, Mobile, Public Transportation, Ride Sharing, Software, Transportation, Travel Number of employees: 51-100 Funding amount: $14,000,000 Number of funding rounds: 4 Number of investors: 7 You can find their website here .
5) Bankera Creating the Bank of the Future in the Blockchain Era
Details of the startup:
City: Vilnius Started in: 2017 Founders: Justas Dobiliauskas, Mantas Mockevičius, Vytautas Karalevicius Industries: Banking, Financial Services, FinTech, Payments Number of employees: 101-250 Funding amount: $100,000,000 Number of funding rounds: 2 You can find their website here .
6) CityBee CityBee is a new car-sharing company.
Details of the startup:
City: Vilnius Number of employees: 51-100 Funding amount: $124,393,440 You can find their website here .
7) CGTrader CGTrader is the world's leading provider of high-quality 3D content for e-commerce, gaming, virtual reality, entertainment, and 3D printing.
Details of the startup:
City: Vilnius Started in: 2012 Founders: Dalia Lasaite, Marius Kalytis Industries: 3D Printing, 3D Technology, Augmented Reality, E-Commerce, Marketplace Number of employees: 51-100 Funding amount: $12,112,321 Number of funding rounds: 4 Number of investors: 5 You can find their website here .
8) Filippo Loreti Characters are defined through the use of high-end designer accessories at reasonable pricing.
Details of the startup:
City: Vilnius Number of employees: 51-100 Funding amount: $10,325,052 You can find their website here .
9) IDenfy The iDenfy app allows you to verify your identity online using your smartphone or any other computer device.
Details of the startup:
City: Kaunas Started in: 2017 Founders: Domantas Čiuldė, Gediminas Ratkevicius Industries: Cyber Security, Identity Management, Online Portals, Software Number of employees: 11-50 Funding amount: $363,114 Number of funding rounds: 4 Number of investors: 1 You can find their website here .
10) NanoAvionics NanoAvionics, LLC is a satellite mission integrator that designs and manufactures high-performance multi-purpose nanosatellite platforms and subsystems.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $5,174,769 You can find their website here .
11) ZITICITY Business Deliveries that are radically faster
Details of the startup:
City: Vilnius Started in: 2017 Founders: Karolis Januškas, Laimonas Noreika, Vytautas Noreika Industries: Delivery, E-Commerce, Logistics Number of employees: 51-100 Funding amount: € 2,515,000 Number of funding rounds: 4 Number of investors: 7 You can find their website here .
12) GOSU Data Lab GOSU Data Lab is a startup that focuses on game data and artificial intelligence.
Details of the startup:
City: Vilnius Started in: 2017 Founders: Alexander Mikheev, Alisa Chumachenko Industries: Artificial Intelligence, Big Data, Machine Learning, Software Number of employees: 11-50 Funding amount: $5,120,000 Number of funding rounds: 4 Number of investors: 6 You can find their website here .
13) Lympo Lympo is a motivational fitness software that allows users to monetize their own sports and wellness data.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $10,000,000 You can find their website here .
14) Qoorio Qoorio is a mobile app development firm.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $2,204,507 You can find their website here .
15) Game Insight Game Insight is a free-to-play game developer and publisher for Facebook, iPad, iPhone, Android, Amazon, Windows 8, and Windows Phone.
Details of the startup:
City: Vilnius Number of employees: 501-1000 Funding amount: $9,000,000 You can find their website here .
16) kevin. Kevin is a regulated payment institution that offers international and domestic payment solutions in accordance with the PSD2 legislation.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $2,103,769 You can find their website here .
17) Oxipit The Oxipit research team is made up of Kaggle award-winning deep learning engineers and radiologists.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $1,700,000 You can find their website here .
18) LastMile Grocery delivery on the same day.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $111,632 You can find their website here .
19) Evarvest Evarvest connects the world's stock exchanges, making it simple and commission-free to invest in the businesses you know, love, and trust.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $259,876 You can find their website here .
20) Profitus Profitus is working on a real estate investing platform for the Baltics and other parts of Europe.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $5,895,907 You can find their website here .
21) PIXEVIA PIXEVIA is a company that develops artificial intelligence for smart cities, retail, and drones.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $1,835,746 You can find their website here .
22) Brolis Semiconductors A hardware-hard firm that develops cutting-edge technology for security and medical sensing applications.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $11,332,229 You can find their website here .
23) Qpick Advertising Technology as a Service (AdTech SaaS) for Retail
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $215,149 You can find their website here .
24) CHRG Network SAAS platform for electric vehicle charging that unites all charging stations into a single network, allowing owners to share and monetize their charging stations.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $191,900 You can find their website here .
25) Savy Savy is a peer-to-peer lending platform that brings together investors and borrowers from all around Europe. There, investors can expect a 25 percent return on their investment.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $300,000 You can find their website here .
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26) RAWG RAWG.io is a video game discovery platform that allows you to turn your skills into tangible goods and services.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $1,200,000 You can find their website here .
27) TableAir TableAir provides an employee-centric office experience that boosts employee retention and health by fostering a feeling of community.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $818,478 You can find their website here .
28) Tinggly Tinggly searches the globe for the most inspiring and high-quality experiences.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $170,000 You can find their website here .
29) ART21 House of AgriFood Tech Innovation
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $2,618,348 You can find their website here .
30) Ruptela Ruptela is a UK-based transport management solutions supplier.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $1,361,080 You can find their website here .
31) Oberlo Oberlo is a platform that connects Shopify businesses with suppliers who ship directly to customers.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
32) Amio Customer service on messengers is automated.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $33,739 You can find their website here .
33) sixads Small and midsize ecommerce ad exchange.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $193,378 You can find their website here .
34) Portal365 For NGOs, Portal365 is a grant writing and administration system.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $183,009 You can find their website here .
35) Monimoto Motorcycle GPS tracker with advanced features
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $336,151 You can find their website here .
36) Deeper Making commonplace objects intelligent by reinventing them.
Details of the startup:
City: Vilnius Number of employees: 51-100 Funding amount: $23,781 You can find their website here .
37) Web Robots Web crawling and scraping services for businesses. Service models include full service and software as a service (SaaS).
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $311,825 You can find their website here .
38) DocLogix Solution for document and process management
Details of the startup:
City: Vilnius Number of employees: 51-100 Funding amount: $2,700,000 You can find their website here .
39) adtarget.me Platform for Self-Service Retargeting
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $276,037 You can find their website here .
40) ClaimsControl ClaimsControl is a platform for collaborating on insurance claims that connects all claim handlers.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $43,654 You can find their website here .
41) Adduplex The most popular cross-promotion network for Windows Phone and Windows 8 apps.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $723,832 You can find their website here .
42) Aimera Aimera is an open platform that assists businesses in reactivating current consumers.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $100,000 You can find their website here .
43) Vecticum Tools to help you save time on your daily business duties
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $46,566 You can find their website here .
44) CoinGate CoinGate is a simple-to-use cryptocurrency gateway that accepts Bitcoin, Litecoin, and more than 50 other cryptocurrencies. API integration and e-commerce plug-ins are available!
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
45) Dragdis Dragdis is a content curation platform that allows users to save photos, text, links, and videos in private folders by dragging and dropping them.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $264,200 You can find their website here .
46) Manodaktaras.lt Patients can schedule appointments with doctors or dentists using Manodaktaras.lt's web portal.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $277,382 You can find their website here .
47) AKO Trike Inverse leaning trike powered entirely by electricity
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $22,410 You can find their website here .
48) Neematic Neematic is a newcomer to the e-bike market, specializing in high-performance electric bikes.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $224,794 You can find their website here .
49) Gifty Gifty is a micro-gifting service that caters to both people and corporations.
Details of the startup:
City: Vilnius Funding amount: $264,147 You can find their website here .
50) Celi APS Celi APS is a software business that specializes in automated design and manufacturing.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $259,771 You can find their website here .
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51) Aichom Aichom is a program designed to help persons with Alzheimer's disease and their family.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $20,000 You can find their website here .
52) TrackingMap A completely automated remote digital tachograph data scan and download is possible with TrackingMap.
Details of the startup:
City: Vilnius Funding amount: $55,926 You can find their website here .
53) RedTrack.io RedTrack is a tracking and analytics software for affiliate marketing.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $550,000 You can find their website here .
54) WePower Network WePower Network is a global green energy trading platform based on blockchain technology.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
55) Paysera Paysera is a registered electronic money institution that offers online payment services to customers all over the world.
Details of the startup:
City: Vilnius Number of employees: 101-250 You can find their website here .
56) Robert Kalinkin Robert Kalinkin is a modern Lithuanian fashion label known for its fierce-luxe attitude.
Details of the startup:
City: Vilnius Number of employees: 11-50 Funding amount: $226,045 You can find their website here .
57) plagramme.com Over 14 trillion web pages, articles, books, and journals are reviewed by this online plagiarism checker.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
58) Nordcurrent Nordcurrent is a publisher and producer of video games.
Details of the startup:
City: Vilnius Number of employees: 101-250 You can find their website here .
59) Benjamin River Productions Benjamin River Productions is a company that develops immersive audiovisual technology.
Details of the startup:
City: Vilnius Number of employees: 1-10 Funding amount: $259,771 You can find their website here .
60) Viezo Vibration Energy Harvesting is a technique for harvesting energy from vibrations.
Details of the startup:
City: Vilnius Number of employees: 1-10 You can find their website here .
61) HiEnd Systems HiEnd Systems assists banks and fintech companies in making the transition to digital financing.
Details of the startup:
City: Vilnius Number of employees: 51-100 You can find their website here .
62) Fin.do Fin.do is a mobile app that allows you to send money instantly in any currency while avoiding bank fees and exchange rates.
Details of the startup:
City: Vilnius Number of employees: 1-10 You can find their website here .
63) Pixelmator Pixelmator is a Mac and iPad image altering application.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
64) Mistertango Mistertango is a fintech startup that provides people and organizations with specialized IBAN accounts.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
65) Baltic Amber Solutions Baltic Amber Solutions specializes in banking software development.
Details of the startup:
City: Vilnius Number of employees: 5001-10000 You can find their website here .
66) Baltu Lanku Vadoveliai The publishing house Baltu Lanku Vadoveliai creates and publishes new educational literature and digital instructional resources.
Details of the startup:
City: Vilnius Funding amount: $212,571 You can find their website here .
67) Wittix Receiving, transferring, and withdrawing funds is simple.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
68) Skycop Skycop is a corporation that provides flying compensation.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
69) Pipelinepharma Pipelinepharma is a B2B medicines marketplace that operates globally.
Details of the startup:
City: Vilnius Number of employees: 1-10 You can find their website here .
70) Cardinity For online card payments, this is a one-stop shop.
Details of the startup:
City: Vilnius Number of employees: 1-10 You can find their website here .
71) Telesoftas TeleSoftas is a product engineering and consulting firm that specializes in high-end bespoke software engineering solutions.
Details of the startup:
City: Vilnius Number of employees: 101-250 You can find their website here .
72) ViaCorex B2B eCommerce and eProcurement
Details of the startup:
City: Vilnius Number of employees: 1-10 You can find their website here .
73) PomoDoneApp The PomoDone App is a simple method to keep track of your workflow using the Pomodoro technique.
Details of the startup:
City: Vilnius Number of employees: 1-10 You can find their website here .
74) Devtodev Devtodev is a mobile app developer's universal toolbox.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
75) Freidesk Make freight as simple as possible.
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .
76) DEBIFO Small and Medium Business Invoice Financing
Details of the startup:
City: Vilnius Number of employees: 11-50 You can find their website here .