UAB „Indigroup“
Indigroup is executive and specialist search company, whose quality of services is becoming a benchmark in Baltic states. Our client is a SaaS company Whatagraph, founded in 2015 in Lithuania. The company is preparing for a series A investment round, which is considered a serious milestone at any startup’s lifetime. Whatagraph has previously raised funding from the largest Lithuanian venture capital funds “Open Circle Capital” and “70 Ventures”. An influential Finnish venture capital fund “Inventure”, managing €230M assets with over 70 portfolio companies, including Wolt, has joined previous investors in 2020.
During the past year, Whatagraph has doubled its revenue, and tripled the number of employees, with even more ambitious plans set for 2021. “We are looking to expand our operations at both development office in Klaipeda, Lithuania and sales and marketing hubs in Vilnius, Lithuania and Amsterdam, The Netherlands. The largest expansion is planned for the sales and engineering teams”, – stated J. Malinauskas, the acting CEO of Whatagraph. A company led by a businessman who is highly experienced in running digital marketing enterprises is one of the most successful Lithuanian SaaS (software as a service) startups. So far, an average year to year growth is as high as 250%, while their client list is full of well-known brands worldwide. For instance, Heineken, The New York Times, Ogilvy and even the Berkshire Hathaway – a company led by the famous investor Warren Buffet.