About Eco Baltia
Eco Baltia is a company based in Riga (Latvia) founded in 2013 by Maris Simanovics was acquired by INVL in May 2020.. Eco Baltia has completed 2 acquisitions, including EcoService and EcoService. Eco Baltia offers products and services including Waste Collection Service, Recycling Processing, and Environmental Consulting. Eco Baltia operates in a competitive market with competitors including Republic Services, Valet Living, Biffa, GFL Environmental and Paprec, among others.
- Headquarter Riga, Latvia
- Founders Maris Simanovics
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name As Eco Baltia
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Annual Revenue
$7.41 M (USD)-6as on Dec 31, 2022
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Net Profit
$5.04 M (USD)-79as on Dec 31, 2022
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
EcoService
& 1 more
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Acquired by
INVL
(May 11, 2020)
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Products & Services of Eco Baltia
Eco Baltia offers a comprehensive portfolio of products and services, including Waste Collection Service, Recycling Processing, and Environmental Consulting. 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.
Service for collecting and managing household waste
Processing of PET and PVC materials for reuse
Advisory on waste management and circular economy practices
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Funding Insights of Eco Baltia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eco Baltia
Eco Baltia has secured backing from 1 investor. Prominent investors backing the company include INVL Baltic Sea Growth Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are made in growing regional companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eco Baltia
Eco Baltia has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EcoService and EcoService. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wholesale distribution of chemical products is managed by EcoService.
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1999 | ||||
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Waste collection and processing services are provided across Lithuania.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Eco Baltia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eco Baltia Comparisons
Competitors of Eco Baltia
Eco Baltia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Republic Services, Valet Living, Biffa, GFL Environmental and Paprec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Integrated waste management services are provided nationwide.
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| domain | founded_year | HQ Location |
Waste collection, recycling, and property management services are provided.
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| domain | founded_year | HQ Location |
Horizontally integrated waste management services are provided across various processes.
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| domain | founded_year | HQ Location |
Solid and liquid waste management services are provided to clients.
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| domain | founded_year | HQ Location |
Horizontal integration is employed in recycling operations and services.
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| domain | founded_year | HQ Location |
Waste management services are provided across the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eco Baltia
Frequently Asked Questions about Eco Baltia
When was Eco Baltia founded?
Eco Baltia was founded in 2013.
Where is Eco Baltia located?
Eco Baltia is headquartered in Riga, Latvia.
Who is the current CEO of Eco Baltia?
Maris Simanovics is the current CEO of Eco Baltia. They have also founded this company.
What is the annual revenue of Eco Baltia?
Annual revenue of Eco Baltia is $7.41M as on Dec 31, 2022.
What does Eco Baltia do?
Eco Baltia was founded in 2013 in Riga, Latvia, as a provider of waste management and environmental services. Operations focus on sustainable waste handling, recycling processes, and environmental consulting within the Baltic region. Services include collection, processing, and disposal of various waste types, supporting local industries and municipalities. The company is led by co-founder and CEO Maris Simanovics, with activities centered on regulatory compliance and resource recovery initiatives.
Who are the top competitors of Eco Baltia?
Eco Baltia's top competitors include Republic Services, GFL Environmental and Casella.
What products or services does Eco Baltia offer?
Eco Baltia offers Waste Collection Service, Recycling Processing, and Environmental Consulting.
How many acquisitions has Eco Baltia made?
Eco Baltia has made 2 acquisitions, including EcoService, and EcoService.
Who are Eco Baltia's investors?
Eco Baltia has 1 investor. Key investors include INVL Baltic Sea Growth Fund.