Buildit

Riga, Latvia Founded: 2013 • Age: 13 yrs
IOT startups are accelerated by Buildit in Latvias ecosystem.
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About Buildit

Buildit is a company based in Riga (Latvia) founded in 2013 by Aleksander Tonnisson and Rene Tonnisson. It operates as a Professional Services. Buildit offers products and services including Accelerator Program.

  • Headquarter Riga, Latvia
  • Founders Aleksander Tonnisson, Rene Tonnisson
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sia Aifp Buildit Latvia
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Buildit

Buildit offers a comprehensive portfolio of products and services, including Accelerator Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Hardware and IoT startups are supported through mentoring.

Funding Insights of Buildit

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Buildit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Buildit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Buildit Comparisons

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Competitors of Buildit

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Buildit

Frequently Asked Questions about Buildit

When was Buildit founded?

Buildit was founded in 2013.

Where is Buildit located?

Buildit is headquartered in Riga, Latvia.

Who is the current CEO of Buildit?

Aleksander Tonnisson is the current CEO of Buildit. They have also founded this company.

What does Buildit do?

Buildit is engaged in supporting IoT and hardware startups through a structured accelerator program. The program is designed with builders in mind, offering mentoring from industry specialists, office hours with investors, and visits to manufacturing sites. Legal, fundraising, and strategic support are also provided. With over 80 startups across 18 batches, Buildit is raising a new 20M EUR fund for investments starting in Q2 2025. Sectors include autonomous robotics, green hydrogen systems, and biotechnology for sustainable production.

What products or services does Buildit offer?

Buildit offers Accelerator Program.

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