Lithuanian Business Angel Network

AMLYZE is a RegTech company offering SaaS solutions for combating financial crime. Their suite includes real-time transaction monitoring, customer risk assessment, AML/CFT investigations, sanctions screening, and PEP/adverse media checks. Founded in 2019, they launched their core product in autumn 2022.

WeSky specializes in developing sustainable in-seat power systems for airlines. Their systems enhance passenger experiences by enabling the use of personal electronic devices during flights, while also improving operational efficiency by reducing fuel consumption. The company's products are designed with a user-centric approach and a focus on minimizing environmental impact.

Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

ColibrisODM operates a platform for on-demand manufacturing services, specializing in metal processing. It offers automated quoting and ordering of custom-made and serial metal parts, covering processes like cutting, forming, welding, machining, coating, and assembly.

Perfection42 is an AI technology platform tailored for visual media companies, specializing in the creation of high-quality content at scale. The platform integrates renowned AI models into custom workflows, streamlining operations to enhance efficiency and productivity while simultaneously reducing production costs. Perfection42 also focuses on AI-powered image generation, offering advanced techniques for 3D style transfer that transform images into artistic renditions. Additionally, the company provides AI solutions for level design in game development, enabling developers and studios to expedite their processes and deliver engaging video game experiences to enthusiasts. Through its innovative offerings, Perfection42 aims to elevate the standards of content creation within the visual media and gaming industries.

Viezo is a technology company specializing in energy harvesting and IoT solutions for railway asset monitoring. It develops energy harvesting systems that convert vibrations into electricity, enabling sensors to operate with minimal power. The company also manufactures IoT devices and sensory GPS sensors that monitor railway wagons and infrastructure. These devices use artificial intelligence and machine learning to collect and analyze data from assets, providing insights that help identify maintenance needs and operational issues. By enabling early problem detection, Viezo aims to help wagon owners and infrastructure managers reduce repair costs and minimize the risk of asset damage.

Vilimed is a medical device development company that involves in the development of vibration tech which is a therapeutic device developed for hand tremor reduction.

MOREmins operates the MoreMins app, facilitating international calls to landlines and mobiles worldwide. Incorporated in 2015, it is headquartered in London, UK.

Mark ID is a developer of advanced identity verification technology that provides a universal identification and eSignature gateway. The company focuses on enhancing the customer identification process through innovative solutions such as machine learning, liveness detection, biometric authentication, optical character recognition, document scanning, and various recognition technologies. By leveraging these capabilities, Mark ID assists businesses in combating fraud, lowering operational costs, and achieving compliance with regulatory requirements like KYC, GDPR, and AML. The e-signature platform is designed to facilitate secure digital transactions, particularly in the Baltic states and beyond, making it an essential tool for companies looking to strengthen their identity verification processes.

NO-CV offers a SaaS platform that revolutionizes recruitment by eliminating traditional resumes (CVs). It uses automated algorithms to streamline the hiring process, enabling recruiters to connect with job seekers more efficiently.

LABA7 develops and manufactures suspension testing technology and related workshop tools for the racing industry. The company provides equipment for testing shock absorbers, including shock dynamometers, diagnosing and service gear, and setup items used in workshops and racing environments. Its product range also covers roadbook holders, navigation bundles, trip masters, and related accessories designed to deliver user-friendly suspension testing solutions for motorbike racers and service shops.

Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

DriveX is a technology partner for insurers, specializing in digital software solutions that enhance the vehicle verification process. The company's proprietary AI-assisted platform enables remote inspections, facilitating a more efficient and automated verification process for motor insurance policies and claims management. By streamlining these operations, DriveX helps insurance companies save time and reduce costs while minimizing the risk of fraud. The company's focus on improving the digital customer experience ensures that both employees and customers benefit from faster, more reliable service.

Benme is a platform for personalized employee benefits and suppliers management. It enables a centralized benefits marketplace with budgeting and expense tracking, allowing organizations to allocate funds toward products, services, and experiences that meet employee needs. The platform provides automated expense management, reimbursement processing, and spending insights to improve transparency and benefits administration. By offering flexible, customizable financial support, Benme aims to enhance employee satisfaction and streamline benefits management for organizations.

Amio develops a fully customizable virtual customer assistant that automates support and provides a multi‑channel messaging platform. Its API unifies chat protocols, offering core features of each supported messaging service. The platform includes a toolbox with Postman collections and an SDK, enabling businesses to create a single interface for customers across all chat services.

Walk15 operates a mobile platform that promotes health and sustainability through walking challenges and active mobility. The company serves business clients with a Sustainable Activity Platform that provides annual subscriptions to engage employees, track daily step activity, and monitor social impact data for ESG reporting. Its Walk15 app supports private step challenges among coworkers, families, or friends, discovery and creation of trails, and the growth of environmentally friendly virtual trees. Through the Step Wallet feature, users can redeem accumulated steps for discounts and promotions within the app, enabling participants to gain experiences while supporting health and environmental goals. The platform combines employee engagement, health benefits, and ESG data collection to help organizations improve sustainability reporting and foster active lifestyles.

Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

Founded in 2019, Cogastro develops a core management system for edible insect farms. Its platform tracks and manages farm performance, automating data collection and providing real-time reports to optimize efficiency and productivity.

Contribee operates a platform designed to help content creators and organizations monetize their work. It offers features such as instant payout support, personal shop integration, multiple payment options, and a content discovery tool.

NO-CV offers a SaaS platform that revolutionizes recruitment by eliminating traditional resumes (CVs). It uses automated algorithms to streamline the hiring process, enabling recruiters to connect with job seekers more efficiently.

Boomio is dedicated to transforming the customer loyalty sector, which has been hindered by outdated and inaccessible programs. The company aims to enhance the way music is shared and discovered, addressing the frustrations of music fans who struggle with broken links when sending full-length tracks to friends. Boomio provides a platform where users can choose from millions of licensed songs to share with others, facilitating real-time chat and unlimited messaging. Users can follow their favorite artists to receive new music updates directly and share songs effortlessly. This innovative approach not only simplifies music sharing but also fosters a community where listeners can engage with music and each other.

Attention Insight is a technology company based in Vilnius, Lithuania, with an additional office in Hamburg, Germany, founded in 2019. It specializes in developing an AI-based platform that leverages deep learning to enhance consumer visual engagement monitoring. The company offers a software as a service (SaaS) solution that utilizes predictive eye-tracking algorithms to analyze design and content effectiveness. By generating heatmaps that indicate where users are likely to focus their attention, Attention Insight enables businesses to make data-driven decisions regarding their design strategies. This approach allows organizations to improve advertising campaign results and design performance without the need for labor-intensive data collection, thereby streamlining the process of visual engagement assessment.

Ligence is a Deep Tech startup based in Lithuania that combines medical expertise with artificial intelligence to automate echocardiography image analysis. The company develops tools for automatic recognition of heart image views, measurement, and report generation, accessible via a web-based platform and designed to integrate with hospital information systems. Its flagship solution, Ligence Heart, aims to reduce manual measurements by physicians and enhance consistency in heart ultrasound examinations through automated analysis. The offering targets clinicians and healthcare providers seeking to streamline cardiovascular imaging workflows.

Mark ID is a developer of advanced identity verification technology that provides a universal identification and eSignature gateway. The company focuses on enhancing the customer identification process through innovative solutions such as machine learning, liveness detection, biometric authentication, optical character recognition, document scanning, and various recognition technologies. By leveraging these capabilities, Mark ID assists businesses in combating fraud, lowering operational costs, and achieving compliance with regulatory requirements like KYC, GDPR, and AML. The e-signature platform is designed to facilitate secure digital transactions, particularly in the Baltic states and beyond, making it an essential tool for companies looking to strengthen their identity verification processes.

Attention Insight is a technology company based in Vilnius, Lithuania, with an additional office in Hamburg, Germany, founded in 2019. It specializes in developing an AI-based platform that leverages deep learning to enhance consumer visual engagement monitoring. The company offers a software as a service (SaaS) solution that utilizes predictive eye-tracking algorithms to analyze design and content effectiveness. By generating heatmaps that indicate where users are likely to focus their attention, Attention Insight enables businesses to make data-driven decisions regarding their design strategies. This approach allows organizations to improve advertising campaign results and design performance without the need for labor-intensive data collection, thereby streamlining the process of visual engagement assessment.