LETA

Riga, Latvia Founded: 1919 • Age: 107 yrs Acquired By MM Grupp
Manufacturer of personal protective equipment and tools for military and public safety

About LETA

LETA is a company based in Riga (Latvia) founded in 1919 was acquired by MM Grupp in August 2015. LETA has completed 1 acquisition, including Scanpix.

  • Headquarter Riga, Latvia
  • Email
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  • Phone
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  • Website leta.lv
  • Social LinkedIn X Facebook
  • Acquired by MM Grupp (Aug 2015)
Key Metrics

Funding Insights of LETA

  • Total Rounds 1
  • Last Round Grant β€” $59,505
  • First Round $59,505

    (May 2019)

  • Investors Count 1

All 1 funding rounds of LETA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$59,505Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in LETA

LETA has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and MM Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
An investment firm based in Estonia is operated.
–mmgrupp.eeTallinn, Estonia
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for LETA

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of LETA

1 people are tracked at LETA (1 in leadership).

NameRoleGroup
Juris Mendzins
CEOLeadership
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Complete people profiles for LETA

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by LETA

LETA has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Scanpix.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Photography services are provided by Scanpix in Estonia.
scanpix.eeTallinn, Estonia1999Oct 2022β€’β€’β€’β€’
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Complete acquisition details for LETA

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of LETA

4 dated milestones of LETA across 103 years, from founding to its latest funding, stage changes and deals.

  1. Founded LETA is founded.
  2. Exit Acquired by MM Grupp.
  3. Funding First funding round of $60K.
  4. Acquisition Acquires Scanpix.

Web traffic of LETA

The website of LETA (leta.lv) receives about 52.4K visits a month.

  • Monthly visits
    52.4K

    ▼ 29.5% vs previous month

Similar websites

Websites whose visitors overlap most with LETA. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tvnet.lv
100%
3.5M#20,035View details
delfi.lv
99%
5.1M#11,489View details
apollo.lv
82%
1.9M#34,407View details
bns.lv
bns.lv
81%
–––
lsm.lv
lsm.lv
79%
–#15,961–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 39 similar websites and full traffic analytics for LETA

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 39 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about LETA

LETA was founded in 1919 and raised its 1st funding round 100 years after it was founded.

LETA is headquartered in Riga, Latvia.

Juris Mendzins is the current CEO of LETA.

LETA was founded in 1919 in Riga, Latvia, and operates in the defense and public safety sector. Personal protective equipment and tools, including bomb suits, robots, specialized explosive ordnance disposal tools, blast sensors, blast attenuation seats, and cooling systems, are designed, tested, and manufactured to address operational threats. End-user support is provided through technical briefings, training events, and customer service, with local assistance facilitated by a global distributor network.

LETA has made 1 acquisition, including Scanpix.

LETA has 2 investors. Key investors include European Union, and MM Group.

Yes. LETA was acquired by MM Grupp in August 2015.

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