Portfolio Company: Lerio Expands Into Romania and the Netherlands

We’re excited to share that our portfolio company Lerio is officially scaling its operations in two strategically important markets, Romania and the Netherlands. Over the past several months, Lerio has grown its presence in these countries and continues to unlock value for global companies looking to build high-performing remote teams.

Why Romania?

Romania offers an ideal combination of affordability, talent, and digital maturity:

• Highly Skilled Talent: Over 10,000 IT graduates annually and one of the highest per capita concentrations of software developers in the EU.

• English Proficiency: Ranked 15th globally on the EF English Proficiency Index (2023), with many Romanians also fluent in French, German, and Italian.

• Cost Efficiency: Software developers in Romania earn ~€18K–€30K per year, a fraction of the cost compared to Western markets.

• Thriving Tech Sector: The IT&C sector contributes 7% of GDP and is growing at 10% annually, with 2,300+ startups and top-tier internet speeds (6th globally).

• Cultural Fit & Retention: Romania’s workforce is known for commitment and compatibility with international business culture, with high employee retention rates.

Why the Netherlands?

The Netherlands brings strategic advantages for global hiring:

• World-Class Education: Dutch universities consistently rank high, producing talent in engineering, business, and tech.

• Strong Work Ethic: Dutch professionals are pragmatic, reliable, and direct, ideal qualities for remote and international collaboration.

• Top English Proficiency: Among the highest globally for non-native speakers, eliminating language barriers.

• Advanced Infrastructure: One of Europe’s most digitally advanced nations, enabling smooth remote work environments.

• Remote-Ready Culture: The Dutch embrace flexible work policies, making them well-suited to Lerio’s distributed team model.

With this expansion, Lerio reinforces its commitment to helping companies scale remote teams globally, backed by deep local insights and a tech-driven platform.

Stay tuned for more updates as Lerio continues building a smarter way to hire internationally.

Visit lerio.io to learn more.