Lithuanian Business Angel Network

AMLYZE is a RegTech company and Software-as-a-Service (SaaS) provider focused on combating financial crime through a comprehensive suite of solutions. The company offers modules for real-time and retrospective transaction monitoring, customer risk assessment, and various compliance investigations, including sanctions and politically exposed person (PEP) screening. Since its inception in 2019, AMLYZE has developed its core product, which launched in autumn 2022. The firm's strength lies in its team, composed of experts in anti-money laundering, financial fraud prevention, and market supervision, with backgrounds from prominent regulatory bodies and financial institutions. By leveraging this expertise, AMLYZE delivers innovative technology solutions that enhance the efficiency of AML/CFT compliance processes, helping clients mitigate reputational and financial risks while fulfilling regulatory obligations.

WeSky creates in-seat power systems that enable airlines to give better in-flight experiences while also improving operational efficiency by cutting fuel use.

Okredo is an open data platform that specializes in providing data and insights aimed at enhancing sales and mitigating credit risk. The platform aggregates and analyzes information from various sources, including financial reports and credit ratings, to deliver insights on creditworthiness, such as scores and limits. This enables businesses to make informed decisions regarding collaborations and investments. Okredo offers both freemium and premium services, catering to different user needs. While the company currently operates in Lithuania, it is in the process of expanding its services to Latvia, Poland, the UK, and other countries in Europe.

ColibrisODM is a metal processing manufacturing platform for automatic quoting and ordering of custom-made and serial metal parts.

Perfection42 is an AI platform that specializes in serving visual media companies by facilitating the creation of high-quality content at scale. The platform features a workflow builder that allows businesses to integrate renowned AI models into automated custom workflows, significantly enhancing operational efficiency. By focusing on AI-powered image generation and innovative techniques such as 3D style transfer, Perfection42 aims to streamline the production of computer-generated imagery, particularly for game development. This technology not only accelerates the rendering process but also enriches the quality of video game titles, ultimately benefiting both developers and gaming enthusiasts. The company’s solutions are designed to improve productivity while reducing production costs, making it a valuable asset in the visual media industry.

Viezo is a technology start-up focused on energy harvesting solutions that convert vibrations into electricity. The company has developed a system that generates electricity from ambient vibrations, specifically designed to power wireless Internet of Things devices. This innovation significantly extends the operational lifespan of such devices, often doubling it without the need for maintenance. By providing a non-toxic and environmentally friendly alternative to traditional battery power, Viezo's technology meets the growing demand for sustainable energy solutions in the IoT sector.

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 Ltd is a telecommunications company based in London, United Kingdom, incorporated in 2015. It operates the MoreMins application, which facilitates international calls to landlines and mobiles across Europe and beyond. The application is designed to offer enhanced voice quality at competitive rates without the need for an internet connection. Users can make calls without changing their SIM cards, making it accessible to customers of all mobile operators. This service is particularly beneficial for those seeking cost-effective solutions without the constraints of monthly fees or binding contracts. Additionally, Moremins provides digital e-SIM and internet services, further expanding its offerings in the telecommunications sector.

Mark ID is a developer of identity verification technology that offers a comprehensive eSignature gateway aimed at helping businesses combat fraud and streamline customer identification processes. Utilizing advanced machine learning, the platform incorporates features such as liveness detection, biometric authentication, optical character recognition, and various recognition technologies to enhance security and efficiency. Mark ID's solutions are designed to assist companies in complying with regulatory requirements, including KYC, GDPR, and AML, while facilitating digital channels through a user-friendly interface. The company's focus extends beyond the Baltic states, positioning it as a valuable partner for organizations seeking to improve their identity verification and eSignature capabilities.

NO-CV is a recruitment platform that revolutionizes the hiring process by eliminating the use of traditional resumes. It offers a software-as-a-service (SaaS) solution that employs automated algorithms to streamline job searches, selection, and employment, allowing for more efficient candidate attraction and management. By removing the need for writing, reading, and analyzing resumes, NO-CV simplifies the recruitment process, enabling job seekers to connect with potential employers without the time-consuming steps associated with conventional methods. Ultimately, the platform empowers recruiters to focus solely on making final hiring decisions, enhancing the overall efficiency of the recruitment experience.

LABA7 provides suspension testing technology combined with workshop tools and setup equipment.

Okredo is an open data platform that specializes in providing data and insights aimed at enhancing sales and mitigating credit risk. The platform aggregates and analyzes information from various sources, including financial reports and credit ratings, to deliver insights on creditworthiness, such as scores and limits. This enables businesses to make informed decisions regarding collaborations and investments. Okredo offers both freemium and premium services, catering to different user needs. While the company currently operates in Lithuania, it is in the process of expanding its services to Latvia, Poland, the UK, and other countries in Europe.

DriveX is a technology partner for insurers, specializing in a digital software platform that enhances the vehicle verification process. The company offers a proprietary AI-assisted verification system that enables remote vehicle inspections, significantly improving efficiency in policy sales and claims management. By automating these processes, DriveX helps insurance companies save time and reduce costs while minimizing the risk of fraud. Their solutions aim to enhance the overall customer experience, making it easier for both employees and clients to navigate insurance transactions.

Benme is a personalized employee benefits and suppliers management platform that streamlines the management of benefit spending for organizations. By simplifying the process of providing tailored benefits, the platform connects employers with a diverse network of suppliers, offering a variety of options, including health insurance and vouchers. This approach enables companies to enhance employee retention and foster loyalty among their workforce, ultimately contributing to a more engaged and satisfied employee base.

Amio offers a fully customizable virtual customer assistant that automates customer support interactions. The company has developed a multi-channel messaging API designed to unify various chat protocols for developers. This API encompasses the essential features of all supported messaging platforms, providing businesses with a unified interface for customer communication across multiple chat services. Additionally, Amio supplies a comprehensive toolbox that includes Postman collections and robust software development kits (SDKs), facilitating seamless integration and functionality for businesses seeking to enhance their customer service capabilities.

Walk15 is a sustainable walking platform focused on promoting health and active mobility among employees. The company offers a Sustainable Activity Platform that provides annual subscriptions to businesses, allowing them to engage their workforce in walking initiatives while tracking social impact data for environmental, social, and governance (ESG) reporting. Additionally, Walk15 has developed a mobile application that encourages users to participate in walking challenges, track their daily steps, and create private competitions with colleagues, friends, or family. The app also features trails for exploration, the ability to grow environmentally friendly virtual trees, and a Step Wallet where users can exchange their accumulated steps for discounts on various products and services. Through these offerings, Walk15 aims to enhance employee well-being and contribute to sustainability efforts in corporate environments.

Okredo is an open data platform that specializes in providing data and insights aimed at enhancing sales and mitigating credit risk. The platform aggregates and analyzes information from various sources, including financial reports and credit ratings, to deliver insights on creditworthiness, such as scores and limits. This enables businesses to make informed decisions regarding collaborations and investments. Okredo offers both freemium and premium services, catering to different user needs. While the company currently operates in Lithuania, it is in the process of expanding its services to Latvia, Poland, the UK, and other countries in Europe.

UAB Cogastro, established in 2019 and based in Moletai, Lithuania, develops a management platform specifically designed for edible insect farms. This innovative software offers a comprehensive solution for tracking and managing insect farming operations, focusing on automation, data recording, and performance measurement. By digitizing data collection and providing real-time insights, Cogastro empowers farmers to optimize their practices, improve efficiency, and reduce environmental impact. The platform aims to make alternative protein sources more accessible and affordable, ultimately supporting sustainable agricultural practices.

Contribee is a content monetization platform designed to assist entrepreneurs and content creators in managing fan subscriptions and unlocking exclusive content. It provides an easy-to-use interface that facilitates instant payouts and integrates personal shops for creators. The platform supports various payment options and includes a content discovery tool for fans, enabling a seamless experience for both creators and their audience. By offering these features, Contribee helps creators, including gamers, artists, and writers, to optimize their monetization efforts, increase profits from contributions, and foster stronger engagement with their supporters.

NO-CV is a recruitment platform that revolutionizes the hiring process by eliminating the use of traditional resumes. It offers a software-as-a-service (SaaS) solution that employs automated algorithms to streamline job searches, selection, and employment, allowing for more efficient candidate attraction and management. By removing the need for writing, reading, and analyzing resumes, NO-CV simplifies the recruitment process, enabling job seekers to connect with potential employers without the time-consuming steps associated with conventional methods. Ultimately, the platform empowers recruiters to focus solely on making final hiring decisions, enhancing the overall efficiency of the recruitment experience.

Boomio aims to transform the music sharing experience by providing an innovative platform that allows users to send original, full-length licensed songs to friends, groups, or a broader audience. Recognizing the challenges associated with existing music sharing methods, Boomio offers a seamless solution that enables real-time messaging and interaction with users. The platform not only allows for easy sharing of music, but also encourages discovery by enabling users to follow their favorite artists and receive updates on new releases. With a vast library of millions of tracks, Boomio enhances the way music lovers connect and share their favorite songs, fostering a community around music enjoyment and exploration.

Attention Insight is a company that specializes in artificial intelligence-based solutions for monitoring consumer visual engagement. Founded in 2019 and headquartered in Vilnius, Lithuania, with an additional office in Hamburg, Germany, it offers a software as a service (SaaS) platform that leverages deep learning and eye movement tracking to analyze design and content. The platform utilizes a visual attention prediction algorithm to generate predictive heatmaps that accurately forecast where users will focus their attention when interacting with content. This enables businesses to make informed, user-centric decisions regarding their marketing materials and design strategies without the need for extensive data collection. By providing pre-launch analytics, Attention Insight aims to enhance advertising campaign effectiveness and overall design performance.

Ligence is a Deep Tech startup based in Lithuania, specializing in healthcare solutions developed by a team of medical doctors proficient in artificial intelligence. The company focuses on automating heart ultrasound image analysis through its flagship product, Ligence Heart. This technology employs deep learning algorithms to accurately recognize various heart image views and perform essential measurements automatically. By streamlining the analysis process, Ligence Heart allows physicians to bypass manual measurements, enabling cardiologists and sonographers to enhance efficiency and significantly reduce analysis time, thereby allowing them to concentrate more on patient care and treatment.

Mark ID is a developer of identity verification technology that offers a comprehensive eSignature gateway aimed at helping businesses combat fraud and streamline customer identification processes. Utilizing advanced machine learning, the platform incorporates features such as liveness detection, biometric authentication, optical character recognition, and various recognition technologies to enhance security and efficiency. Mark ID's solutions are designed to assist companies in complying with regulatory requirements, including KYC, GDPR, and AML, while facilitating digital channels through a user-friendly interface. The company's focus extends beyond the Baltic states, positioning it as a valuable partner for organizations seeking to improve their identity verification and eSignature capabilities.

Attention Insight is a company that specializes in artificial intelligence-based solutions for monitoring consumer visual engagement. Founded in 2019 and headquartered in Vilnius, Lithuania, with an additional office in Hamburg, Germany, it offers a software as a service (SaaS) platform that leverages deep learning and eye movement tracking to analyze design and content. The platform utilizes a visual attention prediction algorithm to generate predictive heatmaps that accurately forecast where users will focus their attention when interacting with content. This enables businesses to make informed, user-centric decisions regarding their marketing materials and design strategies without the need for extensive data collection. By providing pre-launch analytics, Attention Insight aims to enhance advertising campaign effectiveness and overall design performance.