SaaS Companies in Latvia

The Latvia is home to 130 SaaS companies spanning a diverse range of software categories. The market is dominated by Ecosystem Service Providers, Outbound Marketing Services, Financial Services Software, which together represent the core of the Latvia software ecosystem.

What distinguishes this market is its strong focus on Ecosystem Service Providers (6 companies), Outbound Marketing Services (5 companies), and Financial Services Software (5 companies). This concentration reflects the Latvia’s position as a global technology leader and its robust digital infrastructure.

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Summary and Key Data Points for SaaS Companies in Latvia

    Total SaaS Companies: 130

    Top Software Category: Ecosystem Service Providers with 6 companies (4.6% of market)

    Second Largest Category: Outbound Marketing Services with 5 companies

    Third Largest Category: Financial Services Software with 5 companies

    Enterprise Companies (Over 500 employees): 1 companies (0.8%)

    Mid-Size Companies (100-500 employees): 4 companies (3.1%)

    Small Companies (1-10 employees): 106 companies (81.5%)

    Dominant Company Size: 81.5% of companies have 1-10 employees, indicating a startup-heavy market

Top 50 SaaS Companies in Latvia

Companies

CompanySoftware CategoryCompany LinkedInEmployee RangeWebsite Languages
AnswerRankArtificial Intelligence Software; E-Commerce Software; Marketing SoftwareLinkedInOver 500English
TildeConversational Intelligence Software; Customer Service Software; Translation Services; Localization Software; Artificial IntelligenceLinkedIn100-500
ClarityArtificial Intelligence Software; Software Robotic Process Automation; Software Business Process Management; Software Data Extraction; Software OcrLinkedIn100-500English
MaponAsset Management Software; Distribution Software; HR Software; Supply Chain & Logistics Software; Logistics Software; Operations Management Software; Software Gps Tracking; Software Fleet ManagementLinkedIn100-500Danish, English, Estonian, Finnish, Latvian, Lithuanian, Multilingual, Russian, Spanish, Swedish, Ukrainian
RegulaData Privacy Software; Document Management Software; Finance Software; IT Security Software; Operations Management; Software Identity Verification; Software Identity ManagementLinkedIn100-500English, German, Spanish
UgCSAgriculture SoftwareLinkedIn51-100
ATASFinancial Services Software; Trading SoftwareLinkedIn51-100English, French, German, Italian, Multilingual, Russian, Spanish, Ukrainian
Proof ITFinancial Services SoftwareLinkedIn51-100
Soft-FXFinancial Services Software; Crypto ToolsLinkedIn51-100English, Russian
WAZZUPCustomer Service Software; Software Sales Enablement; Software Social Crm Tools; Software Integration; Software Sms MarketingLinkedIn51-100English, Multilingual, Portuguese, Russian, Spanish
MitigateRisk & Compliance SoftwareLinkedIn51-100
Data Visualization Software LabAnalytics Tools & Software; Business Intelligence Software; Collaboration & Productivity SoftwareLinkedIn11 to 50English
Comment FinderSocial Media Marketing SoftwareLinkedIn11 to 50Chinese, English
Gene ZolotarevFinancial Services SoftwareLinkedIn11 to 50English
Master PackagerDevelopment Software; System Utilities; Software PackagingLinkedIn11 to 50
eazyBIBusiness Intelligence SoftwareLinkedIn11 to 50English
CENOS Simulation SoftwareCAD SoftwareLinkedIn11 to 50English, Spanish
SkybillUtilities Software; Finance Software; Real Estate Software; Vertical Market Software; Software Utility Billing; Software Utility Management Systems; Software Billing And InvoicingLinkedIn11 to 50English
Files.fmData Recovery Software; IT Management SoftwareLinkedIn11 to 50English
eComChargePayment Software; Finance; Software Payment ProcessingLinkedIn11 to 50English
inGain TechnologiesFinancial Services SoftwareLinkedIn11 to 50English, French, German, Multilingual
WebscraperDemand Generation Software; IT Management Software; Artificial Intelligence Software; Data Management Software; Software Web Scraping; Software Data ExtractionLinkedIn11 to 50English
SetupadDigital Advertising Tech; Advertising Software; Software Ad ServerLinkedIn11 to 50English, Spanish
Lovat ComplianceAccounting & Finance Software; Finance Software; Software Sales TaxLinkedIn11 to 50Chinese, English, French, German, Italian, Multilingual, Spanish
Datu SistemasSales Tools; Content Management SystemsLinkedIn1 to 10Latvian, Portuguese
BORN DIGITALOutbound Marketing ServicesLinkedIn1 to 10Dutch
THEOArtificial Intelligence Software; Artificial IntelligenceLinkedIn1 to 10English
Thinkitive labDevelopment Services ProvidersLinkedIn1 to 10English
TestDevLabDevelopment Services ProvidersLinkedIn1 to 10Danish, English, Finnish, French, German, Latvian, Multilingual, Norwegian, Spanish, Swedish
SummarizeBotAnalytics Tools & Software; Artificial Intelligence Software; Data Management Software; Software Qualitative Data AnalysisLinkedIn1 to 10English
PayTraq.comAccounting & Finance Software; Operations Management; Software Enterprise Resource PlanningLinkedIn1 to 10English
OroconConstruction Software; Construction Management SoftwareLinkedIn1 to 10
NordigenData Management Software; Finance SoftwareLinkedIn1 to 10
Spotwise.aiCommunications SoftwareLinkedIn1 to 10English, Spanish
InfogramData Management Software; Multimedia SoftwareLinkedIn1 to 10
Eddy SoftCustomer Service SoftwareLinkedIn1 to 10English, French, German, Multilingual
PanoployEcosystem Service ProvidersLinkedIn1 to 10
GalaksionAdvertising SoftwareLinkedIn1 to 10English
FastunaMarketing Services Providers; MarketingLinkedIn1 to 10English, German
Elva DMSAutomotive Software; Software Auto DealerLinkedIn1 to 10
Harizma AllianceHospitality Software; Travel Software; Software Hotel Channel ManagementLinkedIn1 to 10English
Phonal TechnologiesBusiness Intelligence Software; Marketing Software; Sales SoftwareLinkedIn1 to 10English
adsteerAdvertising SoftwareLinkedIn1 to 10
Sell.xyzE-Commerce Software; eCommerce SoftwareLinkedIn1 to 10
BurtiEcosystem Service ProvidersLinkedIn1 to 10English, Estonian, Latvian, Lithuanian, Multilingual
BranchtrackTalent Management Software; Human Resources Software; Software Microlearning; Software Certification Tracking; Software Customer Training; Software Training; Software Elearning Authoring Tools; Software Course Authoring; Software Healthcare LmsLinkedIn1 to 10English
PulseHR Software; Project Management SoftwareLinkedIn1 to 10English
Ad VerbumLocalization Services; Translation Services; Translation Services ProvidersLinkedIn1 to 10Danish, Dutch, English, Finnish, German, Japanese, Multilingual, Swedish
Data EverywhereIT Infrastructure SoftwareLinkedIn1 to 10
DatazenitDatabase Software; Data Management SoftwareLinkedIn1 to 10English

Insights of the Top 50 Latvia SaaS Companies

  • All top 50 companies are enterprise-level with Over 500 employees
  • Healthcare and Health Care Software is heavily represented in the top tier
  • HR Software and Human Resources solutions show strong market presence
  • Financial Services and Accounting Software companies are well-established
  • English is the dominant language, with multilingual support increasingly common

SaaS Companies in Latvia Split Into Software Categories

Companies

Software CategoryNumber of Companies% of Market
Ecosystem Service Providers64.6%
Outbound Marketing Services53.8%
Financial Services Software53.8%
Development Services Providers43.1%
Marketing Software43.1%
Communications Software21.5%
Customer Service Software21.5%
Advertising Software21.5%
Other B2B Services Providers21.5%
Distribution Software21.5%
E-Commerce Software; eCommerce21.5%
Portfolio & Program Management Software21.5%
Generative AI Software21.5%
Crypto Tools21.5%
Sales Tools; Content Management Systems10.8%

The Latvia SaaS market is dominated by Ecosystem Service Providers, accounting for 4.6% of all companies. Outbound Marketing Services and Financial Services Software follow closely, reflecting the market’s emphasis on digital marketing, professional services, and technology innovation. Categories with lower representation include specialized vertical solutions, indicating opportunities for niche market expansion.

Number of SaaS Companies in Latvia Based on Employee Count

Companies

Employee RangeNumber of Companies% of Total
1 to 1010681.5%
11 to 501310.0%
51-10064.6%
100-50043.1%
Over 50010.8%

Key Insights Regarding SaaS Businesses in Latvia

Key Insights;

The Latvia SaaS landscape presents significant opportunities for sales teams targeting technology companies. The market is characterized by a large startup ecosystem, with 81.5% of companies employing 1-10 people, indicating a highly dynamic and innovation-driven environment.

From a technical sophistication standpoint, Latvia SaaS companies tend to be early adopters of emerging technologies. The strong presence of Artificial Intelligence Software (0 companies) demonstrates the market’s focus on cutting-edge solutions. Development Services Providers and Ecosystem Service Providers dominate, suggesting a mature market with established infrastructure.

Key target segments for B2B sales include Marketing Software companies, HR Software providers, and Health Care Software vendors. These categories represent substantial market share and typically have higher technology adoption rates. Decision-makers in these companies are often accessible via LinkedIn, making social selling an effective approach.

Summary: How to Succeed in Selling to SaaS Companies in Latvia

Success in the Latvia SaaS market requires understanding its unique characteristics. The largest target segment comprises small companies (1-10 employees) at 81.5% of the market, followed by growth-stage companies (11-50 employees) at 10.0%.

The most common technology categories include Ecosystem Service Providers, Outbound Marketing Services, and Financial Services Software. Understanding these verticals and their specific pain points will enhance sales effectiveness. Regional hubs vary, but major metropolitan areas typically concentrate technology companies.

English-language sales materials are essential, as the majority of companies operate primarily in English. Multi-touch outreach strategies combining email, LinkedIn, and phone work best for reaching decision-makers in this market.

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Frequently Asked Questions

How can I find contact information for decision-makers at SaaS companies in Latvia?

LinkedIn is the primary platform for identifying decision-makers at Latvia SaaS companies. Company profiles often list key executives and their roles. Professional B2B databases like Clevenio provide verified contact information including email addresses and phone numbers for key decision-makers across 130 SaaS companies in Latvia.

How big is the SaaS industry in Latvia?

Latvia hosts 130 SaaS companies across 104 software categories. The market includes 1 enterprise companies (500+ employees) and 4 mid-size companies (100-500 employees), making it one of the significant regional SaaS markets.

What is the top-performing SaaS category in Latvia?

Ecosystem Service Providers leads the Latvia SaaS market with 6 companies, representing 4.6% of the total market. This is followed by Outbound Marketing Services (5 companies) and Financial Services Software (5 companies).

What size companies dominate the Latvia SaaS market?

The Latvia SaaS market is predominantly composed of small companies: 81.5% have 1-10 employees and 10.0% have 11-50 employees. This startup-heavy composition indicates a dynamic, innovation-driven market with significant growth potential.

What technologies are most commonly used by SaaS companies in Latvia?

Based on company specializations, the most common technologies include marketing automation, CRM systems, and cloud infrastructure. 0 companies specialize in Artificial Intelligence Software, 4 in Marketing Software, and 0 in HR Software, reflecting the market’s tech-forward orientation.