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Baltic Technology Ventures AS (BTV) has concluded an Agreement with Lerio.Io

Baltic Technology Ventures AS (BTV) has concluded an Investment / Consulting and Business Development Agreement with Lerio.Io (www.lerio.io). The company was established in 2020 by two co-founders from Lithuania with a simple idea - to build a bridge between businesses and professionals enabling both parties to simplify HR processes around hiring and employing remotely. Lerio helps companies to hire top talents from abroad without registering a foreign entity and worrying about compliance and all related matters at the same time allowing professionals to be officially employed in their country. With Lerio it is possible not only to employ anyone anywhere, but also to source top talents to close the gaps in the process.

Leonid Khoroshko, CEO of Lerio.Io, Commented “ It became clear to us that in order to succeed we need to bring investors who would share the same values with us and believe in what we do just like we do! That’s how we engaged with Baltic Tech Ventures. They supported us all around and saw big potential in our team and values we are bringing to society. Our long term partnership and shared goals will allow us to continue our growth and go side by side towards the success of our customers and partners.”

Lerio.io is already generating MRR and is expected to scale rapidly during the next 6 months due a rapid growth of gig economy and digital nomads.

BTV will aim to support the growth of Lerio with funding, key introductions to investors, field experts and industry professionals. BTV's team will also aim to enhance Lerio.Io branding footprint via publications in The Baltic Times and other digital media platforms.

Member of the Management Board G.Zolotarev Contacts: Address: 1-5 Rupniecibas Street, Riga, LV-1010 Phone: +371 67783611 Contact person: Gene Zolotarev Member of the Management Board Phone: +371 67783601 e-mail: gene@baltictechventures.com

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