182 Top startups in Riga for January 2025

We rank Mintos, Lokalise and Sonarworks in Riga along with 179 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Riga ranks #186 globally and #1 in Latvia.

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Best Startups in Riga for 2025

SB Score:569

Mintos is an international online platform where retail investors can easily and transparently invest in loans. Offering a user-friendly experience, Mintos connects investors with loan opportunities worldwide.

Industry:
Fintech
Subindustry:
Fintech-Other

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SB Score:566

Lokalise streamlines translation management with automation and integration tools for businesses, enhancing efficiency and control over multilingual content.

Industry:
Software & Data
Subindustry:
Software

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SB Score:513

Sonarworks started off in 2012 when two music lovers met a scientist. A perfect storm of acoustic know-how and passion for good sound became the software that's currently transforming sound monitoring.

Industry:
Social & Leisure
Subindustry:
Entertainment

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SB Score:445

Edurio develops innovative tools to enhance school performance, enabling educators to make data-driven decisions.

Industry:
Edtech
Subindustry:
Edtech

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5th

F3
SB Score:419

F3 is a dynamic social app that enables users to ask questions and share answers, with content disappearing after 72 hours. By allowing anonymous interactions, it fosters genuine self-expression and helps users connect with intriguing individuals in a fun, ephemeral environment.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:406

Yizun Biotechnology is a pioneering immune cell therapy company specializing in innovative platform technologies for treating solid tumors and developing allogeneic universal cell therapies. Their advanced solutions aim to enhance cancer treatment outcomes and improve patient care through cutting-edge research and development.

Industry:
Healthtech
Subindustry:
Biotechnology

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SB Score:396

An ed-tech company offering clear, reliable 3D anatomy models for medical students and artists, creating empowering educational tools.

Industry:
Edtech
Subindustry:
Education-Other

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SB Score:393

MolPort supplies chemical compounds to biotech researchers and the scientific community, facilitating access to a diverse range of substances for research purposes.

Industry:
Healthtech
Subindustry:
Biotechnology

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SB Score:386

Solfeg.io is a B2B2C music education platform that enhances music teaching in schools and motivates students to practice at home. By utilizing popular songs, AI-driven content, and research-backed methods, it engages learners and effectively addresses knowledge gaps, simplifying the music learning experience.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:380

ZoomCharts provides intuitive data visualization software for creating interactive visual data interfaces. Transform raw data into engaging charts and graphs with ease.

Industry:
Software & Data
Subindustry:
Data Analytics

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SB Score:370

SummarizeBot is the data science and AI-driven company specialising in information extraction, structuring and analysis.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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Total amount:182

Top 59 Software & Data Startups in Riga for 2025

The top three Software & Data startups in Riga have raised more than USD 63.1M. Riga ranks #189 globally for the Software & Data industry.
SB Score:566

Lokalise streamlines translation management with automation and integration tools for businesses, enhancing efficiency and control over multilingual content.

Industry:
Software & Data
Subindustry:
Software

National Rank (Latvia)

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2nd

F3
SB Score:419

F3 is a dynamic social app that enables users to ask questions and share answers, with content disappearing after 72 hours. By allowing anonymous interactions, it fosters genuine self-expression and helps users connect with intriguing individuals in a fun, ephemeral environment.

Industry:
Software & Data
Subindustry:
Apps

National Rank (Latvia)

0

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Regional Rank (Eastern Europe)

0

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0

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SB Score:386

Solfeg.io is a B2B2C music education platform that enhances music teaching in schools and motivates students to practice at home. By utilizing popular songs, AI-driven content, and research-backed methods, it engages learners and effectively addresses knowledge gaps, simplifying the music learning experience.

Industry:
Software & Data
Subindustry:
Apps

National Rank (Latvia)

0

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Regional Rank (Eastern Europe)

0

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0

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Total amount:59

Top 18 Fintech Startups in Riga for 2025

The top three Fintech startups in Riga have raised more than USD 28.8M. Riga ranks #121 globally for the Fintech industry.
SB Score:569

Mintos is an international online platform where retail investors can easily and transparently invest in loans. Offering a user-friendly experience, Mintos connects investors with loan opportunities worldwide.

Industry:
Fintech
Subindustry:
Fintech-Other

National Rank (Latvia)

0

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Regional Rank (Eastern Europe)

0

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2nd

Jeff
SB Score:358

Jeff, a personalized loan broker, connects borrowers and lenders using unique data to help the unbanked access financial services. Their mission is to provide inclusive financial solutions to those traditionally excluded from the banking system.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (Latvia)

0

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SB Score:353

Nordigen enables banks and lenders to make better credit decisions by analyzing bank account data for income verification, affordability checks, and risk assessment for credit scoring. Their transaction-based analytics software streamlines the process, making it easier to identify key behaviors and assess financial stability.

Industry:
Fintech
Subindustry:
Financial Technology

National Rank (Latvia)

0

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Total amount:18

Top 27 Ecommerce & Retail Startups in Riga for 2025

The top three Ecommerce & Retail startups in Riga have raised more than USD 9.88M. Riga ranks #144 globally for the Ecommerce & Retail industry.
SB Score:323

Selfnamed is a self-service platform for creating private label cosmetics, founded in 2020 and based in Riga, Latvia. It empowers entrepreneurs and businesses to easily develop and launch their own cosmetic lines, offering a streamlined process for customization and branding in the beauty industry.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

National Rank (Latvia)

0

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SB Score:309

"Discover KOOL Latvija, the innovative gas station and convenient shopping destination in Latvia. Fuel up your car and grab essentials on the go at this one-stop shop. Experience a new way to refuel and refresh at KOOL Latvija."

Industry:
Ecommerce & Retail
Subindustry:
Retail

National Rank (Latvia)

0

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SB Score:289

MYCABIN offers customizable small wooden frame holiday homes that can be combined to create a unique set. Providing various sizes to suit different needs, MYCABIN makes it easy to design the perfect getaway.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

National Rank (Latvia)

0

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Regional Rank (Eastern Europe)

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Total amount:27

Most Funded Startups in Riga for 2025

The top three most funded startups in Riga have raised total funding of more than USD 89.7M. Lokalise has 1.83% more funding than Mintos.
SB Score:566

Lokalise streamlines translation management with automation and integration tools for businesses, enhancing efficiency and control over multilingual content.

Industry:
Software & Data
Subindustry:
Software

National Rank (Latvia)

0

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Regional Rank (Eastern Europe)

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SB Score:569

Mintos is an international online platform where retail investors can easily and transparently invest in loans. Offering a user-friendly experience, Mintos connects investors with loan opportunities worldwide.

Industry:
Fintech
Subindustry:
Fintech-Other

National Rank (Latvia)

0

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Regional Rank (Eastern Europe)

0

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3rd

Naco
SB Score:305

Kai Medtech is revolutionizing the vascular device industry with a comprehensive research, production, and marketing closed-loop system. As a dedicated marketing and sales company, it focuses on innovative vascular intervention medical devices, positioning itself as a leading technology provider in the field.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

National Rank (Latvia)

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Total amount:182

Top Hiring Startups in Riga by Employee Number

The top three hiring startups in Riga have an median employee size that is between [501-1000]
SB Score:296

This dynamic online lending platform has consistently demonstrated exceptional growth since its inception. With rapid geographic expansion and a continuously evolving product range, it effectively caters to the diverse needs of its over 4 million customers.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (Latvia)

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SB Score:315

PNB Banka is a dynamic commercial banking institution that provides a wide range of financial services, including personal and business banking solutions, investment opportunities, and wealth management. With a commitment to customer satisfaction, PNB Banka aims to empower clients through innovative banking experiences and tailored financial products.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (Latvia)

0

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SB Score:202

4finance is a global leader in digital consumer finance. For more than 13 years we get money to people in a fast, convenient way that fits their lifestyle.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (Latvia)

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SB Score:291

The startup offers a user-friendly platform for managing personal finances, with features like budget tracking, expense categorization, and bill reminders. Users can easily visualize their spending habits and set financial goals, helping them achieve financial stability and peace of mind.

Industry:
Edtech
Subindustry:
Edtech

National Rank (Latvia)

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Total amount:182

Explore the Startup Ecosystem of Riga

National Rank

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1st

0

Regional Rank

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14th

1

Global Rank

(WorldWide)

186th

13

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