Riga Startups

Expansion Capital

Growth-stage fund manager, backed by Altum

Filed accounts

Turnover 2014 to 2025
EUR 443k to EUR 256k
Staff 2014 to 2025
4 to 3
YearTurnoverProfitEquityStaff
2025 EUR 256,163EUR 39,614EUR 861,0123
2024 EUR 235,619EUR -47,479EUR 821,3986
2023 EUR 621,552EUR 191,690EUR 868,8776
2022 EUR 798,111EUR 302,287EUR 677,1875
2021 EUR 1MEUR 320,488EUR 494,9005
2020 EUR 876,076EUR 203,081EUR 392,8125
2019 EUR 754,988EUR 226,731EUR 376,9334
2018 EUR 445,116EUR 135,202EUR 574,5004

From the company’s own annual reports at the Register of Enterprises, extract of 2026-09-07. Figures are as filed, in euro.

Capital and former names

Type
VC
Sector
Venture
Area
Centrs
Address
Rīga, Vīlandes iela 3 - 7
Founded
2013
Legal name
SIA EXPANSION CAPITAL AIFP
Reg. number
40103696975
LV entity
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Legal name, registration number, address and founding year are taken from the Latvian Register of Enterprises. Something wrong? .