About LiTech
LiTech is a company based in Estonia founded in 2019.. LiTech has raised $617.55 thousand across 1 funding round. The company has 7 employees as of September 30, 2024. LiTech operates in a competitive market with competitors including New Relic, EDB, Tamr, Observe and Chronosphere, among others.
- Headquarter Estonia
- Employees 7 as on 30 Sep, 2024
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Litech Oü
-
Annual Revenue
$63.43 K (USD)192as on Dec 31, 2023
-
Net Profit
$16.47 K (USD)167as on Dec 31, 2022
-
EBITDA
-
Total Equity Funding
$617.55 K (USD)
in 1 rounds
-
Latest Funding Round
$617.55 K (USD), Seed
Mar 31, 2023
-
Investors
-
Employee Count
7
as on Sep 30, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of LiTech
LiTech has successfully raised a total of $617.55K through 1 strategic funding round. The most recent funding activity was a Seed round of $617.55 thousand completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $617,545
-
First Round
First Round
(31 Mar 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - LiTech | Valuation |
investors |
|
| 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 LiTech
| 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 - LiTech
| 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 |
Litech Comparisons
Competitors of LiTech
LiTech 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 New Relic, EDB, Tamr, Observe and Chronosphere, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Enterprise observability solutions are delivered via cloud and AI platforms.
|
|
| domain | founded_year | HQ Location |
EDB is recognized as a leading contributor to PostgreSQL solutions.
|
|
| domain | founded_year | HQ Location |
AI-powered platform is utilized for real-time data quality monitoring.
|
|
| domain | founded_year | HQ Location |
AI-powered observability platform is provided for scalable data management.
|
|
| domain | founded_year | HQ Location |
Cloud-native observability platform for enterprise infrastructure monitoring is provided.
|
|
| domain | founded_year | HQ Location |
An agentic platform is developed for data observability and management.
|
| 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.
|
Frequently Asked Questions about LiTech
When was LiTech founded?
LiTech was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is LiTech located?
LiTech is headquartered in Estonia.
Is LiTech a funded company?
LiTech is a funded company, having raised a total of $617.55K across 1 funding round to date. The company's 1st funding round was a Seed of $617.55K, raised on Mar 31, 2023.
How many employees does LiTech have?
As of Sep 30, 2024, the latest employee count at LiTech is 7.
What is the annual revenue of LiTech?
Annual revenue of LiTech is $63.43K as on Dec 31, 2023.
What does LiTech do?
LiTech was founded in 2019 in Estonia as a provider of cloud-based data quality management solutions in the technology sector. Data validations are stored and tested for databases, while machine learning is used to detect anomalies and deviations. Reports on errors are generated, with features such as encrypted data handling, source comparisons, test scheduling, error detection, API integrations, and ongoing monitoring supported across operations.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.