The Lithuanian Business Angel Network (LitBAN) is a community of angel investors who invest in early-stage companies with exceptional growth potential. Ex-entrepreneurs and other curious, experienced professionals dedicate their knowledge, energy and financial resources to founders with exciting projects in Lithuania and across the Nordics.
👩💻👨💻 Who are we?
💸 Angel Investors
A community of entrepreneurs and experts that decide to put their knowledge, time and financial resources to support the growth of new entrepreneurs.
🏛️ Corporate members
Companies that believe, that the future of the Lithuanian and Baltic startup ecosystems is bright. Organisations that want to contribute to the emergence of a powerful ecosystem.
🚀 How is it going?
🚀 Startups are applying
LitBAN has already received more than 500 startup applications and the numbers are growing. Most LitBAN applications come from Lithuania and Northern Europe, but new regions are expressing more and more interest in joining the LitBAN funnel.
💥 Angel investment is booming
One year after the launch, LitBAN angel investment numbers grew by 41,6%. Two years after the launch, the yearly amount increased by extra 26,5%, to total 5 250 660 EUR in investments since the launch event of LitBAN.
🚪Exits are incoming
2021 started with big news: the Paysolut exit. LitBAN Angels and LitBAN Corporate partners had invested into Paysolut and had great returns. Better and more deals are made every day, and this means that the tempo is only getting faster!
Some of our all-star Angels 🌟
LitBAN cooperates with the best law firms in Lithuania ensuring the highest quality of legal counsel for our members concerning their investments.