# Startup Holding

Startup Holding is an Asset Manager based in Seattle, Latvia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Seattle, Latvia
- **Region:** Europe
- **Address:** Riga, Latvia
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** www.startupholding.lv

## About

SIA Startup Holding is a small privately owned investment management and holding company that serves as legal and organizational structure to realize business ideas and hold investments of its shareholders. It also provides financing and management and consulting services for startups or early stage businesses. In realization of its business projects it follows the bootstrapping philosophy and does not provide debt financing.

## Sectors

- Enterprise Software

## People

- Tigran Bagoyan — Founder and CEO
- Raivo Millers — Business Partner
- Anna Kalnina — Business Partner
- Martins Ozols — Business Partner

## Questions

### Who runs investment decisions at Startup Holding?

Tigran Bagoyan is the founder and CEO of Startup Holding. He is supported by business partners Raivo Millers, Anna Kalnina, and Martins Ozols, who are also part of the sister company Assistants to Business. The firm does not publicly describe an investment committee or separate investment team.

### How does Startup Holding source its deals?

The firm attracts deal flow by offering financing, management, and consulting services to startups and early-stage businesses, often in partnership with its sister companies Assistants to Business and Mini Office. By providing these services, it identifies new investment targets from within its own client base.

### Does Startup Holding provide debt financing?

No. The firm explicitly states on its website that it does not provide debt financing. In exchange for its services, Startup Holding seeks equity in the business or a success fee.

### How is Startup Holding related to Assistants to Business and Mini Office?

Assistants to Business and Mini Office are sister companies that Startup Holding partners with to deliver consulting, accounting, and virtual-office services. These entities form the operational backbone that enables Startup Holding's bootstrapping approach by providing shared resources at low cost to portfolio companies.

## Related profiles

- [StartUp Health](https://altss.com/profile/startup-health)
- [Startup Ignition Ventures](https://altss.com/profile/startup-ignition-ventures)

---

Last updated: 2026-08-11T15:08:11.274Z

Canonical page: https://altss.com/profile/startup-holding

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology