Livonia Partners
Private equityTallinn · Series B–Growth · 10 people tracked
Investment thesis
Livonia Partners is a Baltic private equity firm that invests in and works with portfolio companies across the region, with an active ESG/sustainability program.
Source: firm website, verified Aug 3, 2026.
Team · 10 people
from the firm's website
What they invest in
from 9 of 16 portfolio companiesEnterprise Software ×3SaaS ×3Cleantech ×2Construction Tech ×2New Materials ×2Retail Tech ×2Advanced Manufacturing ×1Circular Economy ×1
HQs:Estonia×1European Union×1Lithuania×1
Investments · 16 tracked
founders shown can be your intro pathManufacturer of reusable non-woven and paper carrier bags for large European retail chains.
Provider of green home climate solutions operating in B2B and B2C segments across 8 countries.
Lithuania's largest independent television and internet service provider.
Engineering and manufacturing company for custom-built composite structures for subsea, aquaculture, civil and offshore industries.
Specialist in Microsoft Business Applications serving the Baltic and Central European regions.
Maker of energy-efficient wood and wood-aluminum windows and balcony doors, selling in Finland and Estonia.
FREOR manufactures commercial refrigeration equipment that runs on natural refrigerants such as propane (R290) and CO₂ (R744), targeting retailers and supermarkets.
Advanced ManufacturingCleantechHardware
Glassense manufactures energy-efficient glass products for buildings, including facades, windows, interiors, and insulated glass units aimed at reducing energy consumption and carbon footprint.
CleantechConstruction TechNew Materials
Co-investorsNavisionGroup
Estonia's leading brand for home and garden products (exited 2022).
Medicum operates a healthcare and eyewear business, including an optical shop selling eyeglass frames and lenses.
HealthtechRetail TechTallinn, EE
Santa Monica Networks (SMN IT) provides IT infrastructure services including systems design, technical solution selection, implementation, maintenance, and management, along with data networks, cloud computing, and IT security consulting.
Cloud ComputingCybersecurityEnterprise Software
Scoro is a professional services automation platform that helps consultancies, agencies, IT, architecture, and engineering firms manage their entire project lifecycle—from estimation and planning to delivery and invoicing.
Enterprise SoftwareFuture of WorkSaaS
Co-investorsColumbia Lake PartnersKennet PartnersTera VenturesInventure
Stebby operates a platform through which employers provide wellness benefits to employees, who can spend the allocated compensation across thousands of wellness services or get refunded for services used.
HR TechMarketplacesWellness & Fitness
Telema provides an Electronic Data Interchange (EDI) service that automates the exchange of trade documents such as orders, despatch advices, and invoices between business partners' ERP systems.
Logistics & Supply ChainRetail TechSaaS
Thermory produces thermally modified wood ("thermowood") using only heat and steam, offering decking, cladding, flooring, wall paneling, and sauna products.
Circular EconomyConstruction TechNew Materials
Wildix provides an AI-enhanced VoIP and unified communications platform that combines calls, chat, video, and collaboration in one system, with WebRTC click-to-call and CRM integrations for Salesforce and HubSpot.
Enterprise SoftwareSaaSSales Tech
Frequently asked questions
- How many investments has Livonia Partners made?
- Livonia Partners has 16 tracked investments.
- What stage does Livonia Partners invest at?
- Livonia Partners invests at the Series B, Series C, Growth stages.
- What sectors does Livonia Partners focus on?
- Livonia Partners focuses on Sector Agnostic.
- Where is Livonia Partners located?
- Livonia Partners is headquartered in Tallinn, EE.
- Who does Livonia Partners co-invest with?
- Livonia Partners most often shares deals with Columbia Lake Partners, Kennet Partners, NavisionGroup, among 4 tracked co-investors.
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