LiTech

Estonia Founded: 2019 • Age: 7 yrs
Cloud based data quality management platform
Annual revenue $63,430 Latest available
Total funding $617,545 1 rounds
Employees 7 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Litech Oü
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $63.43 K (USD)
    192
    as on Dec 31, 2023
  • Net Profit
    $16.47 K (USD)
    167
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $617.55 K (USD)

    in 1 rounds

  • Latest Funding Round
    $617.55 K (USD), Seed

    Mar 31, 2023

  • Investors
    Not available
  • Employee Count
    7

    as on Sep 30, 2024

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People of LiTech

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Raiko Limmart
CEO, Co-founder
People
Taavi Teder
Chief Operating Officer
People
Argo Tali
Business Development Manager

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Teams

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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.

Investments & Acquisitions by LiTech

Investments
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Investment portfolio details for LiTech

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  • Portfolio identities
  • Transaction dates
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  • Investment values

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Financial Statements - LiTech

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Detailed financials for LiTech

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  • Profit trends
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Litech Comparisons

LiTech Primary company
Description
Cloud based data quality management platform
Location
Estonia
Founded Year
2019
Annual Revenue
$63.43 K (USD)
Net Profit
$16.47 K (USD)
EBITDA
Not available
Employees
7
As of 2024
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Peer comparison for LiTech

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Enterprise observability solutions are delivered via cloud and AI platforms.
Locked Locked Locked
EDB is recognized as a leading contributor to PostgreSQL solutions.
Locked Locked Locked
AI-powered platform is utilized for real-time data quality monitoring.
Locked Locked Locked
AI-powered observability platform is provided for scalable data management.
Locked Locked Locked
Cloud-native observability platform for enterprise infrastructure monitoring is provided.
Locked Locked Locked
An agentic platform is developed for data observability and management.
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Detailed competitors of LiTech

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Latest news on Litech

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Complete news archive for LiTech

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Frequently Asked Questions about LiTech

LiTech was founded in 2019 and raised its 1st funding round 4 years after it was founded.

LiTech is headquartered in Estonia.

LiTech is a funded company, having raised a total of $617.55K across 1 funding round to date.

As of Sep 30, 2024, the latest employee count at LiTech is 7.

Annual revenue of LiTech is $63.43K as on Dec 31, 2023.

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.

LiTech's top competitors include New Relic, Observe and EDB.

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