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Second home

Second home
Photo from Lithuania.Travel
Lithuania Tech Weekly #184
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work in progress

  • Landed. The first femtech unicorn – Flo Health – secured $200m round to break through $1B valuation. No big surprise, Flo has 60m monthly active users, $112m of annual revenue in 2023 and $192m ARR (source). Scale-up has moved their Belarus operations to Vilnius several years ago, and has been growing since.

Flo brings us to a list of unicorns/post-IPO tech companies/ impressive scale-ups who have teams in Lithuania. The hired/trained have top calibre senior talent, which makes the ecosystem much deeper than seen from the outside.

Revolut 🦄 - team of 250+
Wargaming 🦄 - team of 880+
Flo Health Inc. 🦄 - team of 235
Unity (post-IPO) 🦄 - team of 135
Mambu 🦄 - team of 109
Chronosphere 🦄- team of 19
- Full list


Sentante after the clinical trial
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Brolis Defence photo

how we track and discover some startups

rounds and capital


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Cloudvisor [AWS partner dedicated to startups]
PayPal [Global integrated payments solution]
Vinted [largest C2C European marketplace, always hiring]
Tech Zity [tech hubs and campuses across Lithuania]
Presto Ventures [investing in startups at the forefront of security, defense, aerospace] - check their newsletter and startups raising
15MIN Group [all the news you need to know] and also now owns M-1 radio
Wargaming [award-winning game developer, careers]


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