Walk15, a Lithuania-founded global sustainable initiative company, has reached a €30 million valuation and is expanding rapidly across Europe, as the company informed AIN. The company is launching a Series A investment round, with initial investments from existing shareholders, including Coinvest Capital (led by Viktorija Trimbel), the angel syndicate NGL (led by Justinas Pašys), and other investors.
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Founded in 2019 by Vlada Musvydaitė-Vilciauske, Walk15 offers a platform for companies to measure their ESG social impact.
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The Lithuanian startup collaborates with prominent international partners, including EuroLeague, REWE Group, Ergo, Gitex Europe, GreenTech Festival, EAPM, and UEFA EURO 2024.
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Walk15 was recognized by Dealroom as a "Rising Star" among the fastest-growing startups in Lithuania. It was also featured in the Deloitte Technology Fast 50 Central Europe 2023 ranking and the Sifted 30: Eastern Europe and Baltics Leaderboard list, which ranks the fastest-growing startups in the region by revenue growth.
"Walk15 provides a solution that helps companies engage their target audience—whether clients or employees—in step or cycling challenges. We see tremendous potential not only in the B2B segment but also among a broader consumer audience," Walk15’s co-founder Vytautas Višinskis comments.
Walk15 aims to become a market leader and one of the premier sustainability and wellness technology platforms in Europe. To achieve this, the company is initiating a Series A funding round with the goal of raising up to €5 million.
AIN reminds that Walk15 raised several investment rounds in recent years:
In November 2023, the startup was backed by Mantas Mikuckas, co-founder of Vinted, raising €500,000.
