Riga minted real unicorns. Printful, Mintos and Lokalise all scaled here. Their founders now back new teams. LatBAN pools the smaller cheques. Here are 10 angels and networks backing Riga startups in 2026.
Riga's angels are mostly exited founders these days. Printful and Mintos built the first big local wins.
Those exited founders now back plenty of new teams. They move fast and back the founder above all else.
LatBAN and S16 now pool plenty of smaller cheques. Baltic accelerators here pile on plenty more cash.
You will pitch both networks and solo angels at once. Ellty keeps your whole deck behind one tracked link.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| LatBAN | Angel network (Riga) | EUR 50K-250K | Tech, generalist | latban.lv |
| S16 | Angel fund (Baltic) | Angel tickets | Tech, SaaS | s16vc.com |
| Startup Wise Guys | Accelerator (Riga) | Seed tickets | B2B, fintech, cyber | startupwiseguys.com |
| Overkill Ventures | VC (Riga) | Pre-seed | B2B tech | overkill.vc |
| Lauris Liberts | Founder-angel (Printful) | Angel tickets | Consumer, SaaS | Lauris Liberts on LinkedIn |
| Davis Siksnans | Founder-angel (Printful) | Angel tickets | SaaS, mobility | mapon.com |
| Martins Valters | Founder-angel (Mintos) | Angel tickets | Fintech, SaaS | mintos.com |
| Toms Jurjevs | Founder-angel (Sun Finance) | Angel tickets | Fintech, consumer | Toms Jurjevs on LinkedIn |
| Mikus Opelts | Founder-angel (Giraffe360) | Angel tickets | Proptech, hardware | giraffe360.com |
| Andris K. Berzins | Angel / Change Ventures | Angel tickets | Tech, SaaS | changeventures.com |
Pitch every angel from one link
Angels move fast and back the team. Ellty shows who opened your deck so you follow up first.
Start free 14-day trialWhat a Riga angel backs
They bet on you and on your whole early founding team. Real traction helps a lot, but conviction leads here.
They write small, fast cheques, often the first in. Many of them join in before the first priced round.
A clear and sharp story quickly wins you their time. Show them exactly why now, and why it has to be you.
See our Riga regtech investors list for more names too. Ellty shows which angel actually opened your deck.
We are reshaping the Latvian early-stage investment community to build a strong, robust and educated fellowship of angel investors.
10 Riga angel investors
1. LatBAN
Latvia's main business angel network, set up in 2014.
Recent Activity: 75+ angels, EUR 15M into 150 startups
LinkedIn: LatBAN on LinkedIn
Sector Focus: Tech, generalist
Stage Focus: Pre-seed, seed
Check Size: EUR 50K-250K
Location: Riga, Latvia
Website: latban.lv
2. S16
A founder-led angel fund with eighty-plus backers.
Recent Activity: A founder-led angel fund, 80+ backers
LinkedIn: S16 on LinkedIn
Sector Focus: Tech, SaaS
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Baltics and global
Website: s16vc.com
3. Startup Wise Guys
The main pan-Baltic B2B startup accelerator and fund.
Recent Activity: The pan-Baltic B2B accelerator
LinkedIn: Startup Wise Guys on LinkedIn
Sector Focus: B2B, fintech, cyber
Stage Focus: Pre-seed, seed
Check Size: Seed tickets
Location: Riga and Baltics
Website: startupwiseguys.com
4. Overkill Ventures
A Riga pre-seed fund backing B2B tech teams early.
Recent Activity: A Riga pre-seed B2B accelerator fund
LinkedIn: Overkill Ventures on LinkedIn
Sector Focus: B2B tech
Stage Focus: Pre-seed
Check Size: Pre-seed
Location: Riga, Latvia
Website: overkill.vc
5. Lauris Liberts
Draugiem and Printful founder, now a serial angel.
Recent Activity: Draugiem and Printful founder, backs startups
LinkedIn: Lauris Liberts on LinkedIn
Sector Focus: Consumer, SaaS
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Riga, Latvia
Website: Lauris Liberts on LinkedIn
6. Davis Siksnans
Printful's co-founder, now leading Mapon and angel.
Recent Activity: Printful co-founder, now leads Mapon
LinkedIn: Davis Siksnans on LinkedIn
Sector Focus: SaaS, mobility
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Riga, Latvia
Website: mapon.com
7. Martins Valters
A Mintos co-founder and a now-active angel in Riga.
Recent Activity: A Mintos co-founder and angel
LinkedIn: Martins Valters on LinkedIn
Sector Focus: Fintech, SaaS
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Riga, Latvia
Website: mintos.com
8. Toms Jurjevs
Sun Finance's founder who backs young Baltic teams.
Recent Activity: Sun Finance founder who backs teams
LinkedIn: Toms Jurjevs on LinkedIn
Sector Focus: Fintech, consumer
Stage Focus: Seed, early
Check Size: Angel tickets
Location: Riga, Latvia
Website: Toms Jurjevs on LinkedIn
9. Mikus Opelts
Giraffe360's founder and an early-stage Riga angel.
Recent Activity: Giraffe360 founder and angel
LinkedIn: Mikus Opelts on LinkedIn
Sector Focus: Proptech, hardware
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Riga, Latvia
Website: giraffe360.com
10. Andris K. Berzins
A Change Ventures partner and TechHub Riga founder.
Recent Activity: Change Ventures partner and TechHub founder
LinkedIn: Andris K. Berzins on LinkedIn
Sector Focus: Tech, SaaS
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Riga, Latvia
Website: changeventures.com
Unicorn founders fuel the scene
Big Riga tech exits built up serious founder wealth. Now that money funds a whole new wave of founders.
Liberts, Valters and Jurjevs all back fresh teams. They invest just like the founders they once were.
A clear, sharp pitch deck wins you that first call. Ellty shows exactly who reads it through to the end.
Prep your answers with our diligence questions guide. Ready founders quickly win solid angel trust here.
Networks and funds pool cash
Solo angels in Riga are still quite a small group. Networks pool many small cheques into a single round.
LatBAN and S16 clearly lead the local angel scene. One good pitch call can reach dozens of angels fast.
Learn how venture capital usually follows the angels. Ellty logs exactly who reads each investor update.
The right tools built for startups keep this tidy. Ellty keeps every single angel on one tracked link.
Building from Riga to the world
Riga teams sell their products well beyond Latvia. The home Latvian market on its own is far too small.
Angels here back teams that scale global very fast. A local-only plan here rarely raises a full round.
Plan the whole raise with a clear fundraising path. Ellty keeps your raise on one secure, tracked link.
It pays to learn how to prepare before angels dig in. Ready teams build real, lasting angel trust faster.
How to pitch an angel investor
Lead with you and the team.
- 1.Lead with you and the team.Show why you will win.
- 2.Tell a sharp, clear story.Say why now and why you.
- 3.Name your raise and runway.Keep the ask tight.
- 4.Send one Ellty link to your deck.See who digs in.
How Ellty helps you land an angel investor in Riga
Your Riga angel list is ready. Set up a data room before the first call.
- 1.Upload your deck and key metrics.Set access for each angel.
- 2.Send one tracked link per angel.Each angel gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Riga angel investing questions
- Exited founders and networks. Plus angel funds.
- Often EUR 50K to EUR 250K. Networks pool more.
- Latvia's main angel network. It started in 2014.
- Yes, Printful and Mintos alumni do. They back teams.
- Pitch a network or a warm intro. Then follow up fast.
- Before your first angel call. Track who reads your deck.
