Lithuania's startup ecosystem shows a strong concentration in financial technology and artificial intelligence. The landscape features both newly formed ventures and established firms attracting significant investment.
For instance, the recently founded Vorpen AI has secured €300M in funding. Other major players include real estate company Akropolis with $350M and cybersecurity firm Nord Security with $209M.
Below is our list of 58 Lithuania startups worth keeping an eye on.
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Get the Sheet for $50iDenfy builds an all-in-one platform for identity verification, fraud prevention, and compliance. Their technology helps businesses automate security and meet regulatory requirements through a single integration.
| Headquarters | Kaunas, Kauno Apskritis, Lithuania |
| Year Founded | 2017 |
| Founders | Domantas Čiuldė, Gediminas Ratkevicius |
| Funding Amount | $1.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | StartUp HUB Poland |
Sintra.ai creates AI-powered helpers that allow small businesses to automate their workflows. The platform enables teams to build and deploy custom AI agents for various business tasks without writing any code.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2023 |
| Founders | Chris Sidlauskas |
| Funding Amount | $14.9M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Inovo.vc, Earlybird Venture Capital, Practica Capital, Coelius Capital, Mati Staniszewski |
Akropolis develops and manages a leading portfolio of shopping and entertainment centers across the Baltic states. Their properties are major retail and leisure hubs, serving communities in Lithuania, Latvia, and Estonia.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2002 |
| Founders | — |
| Funding Amount | $350M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
Artea Bank provides banking, payment solutions, and digital financial management for both individuals and businesses. The fintech group aims to modernize the banking experience with digital tools for lending, payments, and account management.
| Headquarters | Siauliai, Siauliu Apskritis, Lithuania |
| Year Founded | — |
| Founders | — |
| Funding Amount | $300M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
PVcase builds an end-to-end software platform for designing and managing solar energy projects. Their tools help professionals with everything from initial site selection and design to overall yield optimization.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2017 |
| Founders | Adam Pazarauskas, David Trainavicius |
| Funding Amount | $123.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Practica Capital, Highland Europe, Elephant, Contrarian Ventures, Energize Capital |
Nord Security creates a suite of digital privacy and security tools for both individuals and businesses. Their most well-known product, NordVPN, helps users browse the internet securely and privately.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2012 |
| Founders | Eimantas Sabaliauskas, Jonas Karklys, Tomas Okmanas, Tomas Okmanas |
| Funding Amount | $209M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | General Catalyst, Warburg Pincus, BaltCap, Tesonet, Illusian Founder Office |
Pulsetto developed a wearable device that uses vagus nerve stimulation to help users manage stress and improve their sleep. The system pairs this neck-worn device with a companion app that delivers personalized wellness programs.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2021 |
| Founders | Povilas Sabaliauskas, Vitalijus Majorovas |
| Funding Amount | $3M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | ScaleWolf, Kilo Health |
AMLYZE builds a suite of software solutions that help banks, fintechs, and crypto companies combat financial crime. Their platform provides tools for real-time transaction monitoring, customer risk assessment, and sanctions screening to ensure regulatory compliance.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2019 |
| Founders | Alexandre Pinot, Gabrielius Erikas Bilkstys, Jekaterina Govina |
| Funding Amount | $3.4M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Practica Capital, Coinvest Capital, FIRSTPICK, Lithuanian Business Angel Network, NGL |
myTU has built a digital banking platform to manage daily finances for both consumers and businesses. Their mobile-first service uses AI and cloud technology to offer features like multi-currency accounts and instant SEPA transfers.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2019 |
| Founders | Raman Korneu, Tomas Navickas |
| Funding Amount | €16M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | — |
Vorpen AI develops artificial intelligence solutions for navigating financial markets. They specialize in applying this technology to financial exchanges, providing users with advanced analytics for trading and investment decisions.
| Headquarters | Vilnius, Vilniaus Apskritis, Lithuania |
| Year Founded | 2024 |
| Founders | — |
| Funding Amount | €300M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Corporate Round |
| Top Investors | Meta Open AI Ventures, Zhang Ying |
48 Additional Lithuania Startups Worth Following
Our top picks offer a great snapshot, but there's a lot more happening in Lithuania's startup community. Many new companies are popping up in fintech and crypto, collectively raising more than two billion euros.
You'll find companies at every stage, from brand new ideas to businesses that are scaling fast. Below is a look at the other startups that are making the local scene so strong.