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iTo

Savanorių av. 184, Kaunas, Kauno Apskritis, 44150, Lithuania

Overview

iTo focuses on developing products that bring innovation and efficiency into various business activities. Its services cover field force or retail management, digital signage, e-signature, or crowdsourced network analytics. The company was founded in 2006 and is headquartered in Kaunas.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
2
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Investment portfolio

  • Frontu (formerly Tasker)

    Participated · Seed · Oct 2021

    Frontu (formerly Tasker) is a Lithuanian FSM SaaS platform that digitizes frontline operations and targets industries including Heavy Equipment, Facility Management, Vending, Security, Utility and HVAC. Founded in 2014 by Arūnas Eitutis, the company has established itself as a leading FSM provider in the Baltic countries and is expanding into Poland. Frontu follows a technician-first approach, using segmented big data to move decision-making to the frontline, speed job execution, and improve customer outcomes. The company is developing AI/ML capabilities and has partnered with Kaunas University of Technology to build a virtual assistant and future autonomous technician guidance powered by AI and big data. Management notes the FSM market is roughly 30% penetrated, indicating significant room for growth as digitization accelerates. The recent financing will be used to hire talent for Polish market analysis and to accelerate product development and market entry.

  • Tasker

    Led · Equity · May 2019

    Tasker provides a SaaS FSM platform and mobile add-on that integrates with existing CRM and ERP systems to manage service managers, field workers, and customers in real time. The product delivers multiple work reports for performance analysis, ROI measurement, and employee rewards, while emphasizing a clean user experience to avoid feature overload. Tasker targets SMBs with remote field employees and is leading in security, heavy machinery, facility management, and vending verticals in the Lithuanian market. The first version launched on 2013-11-30, and the company reports operational metrics including 16 million kilometers traveled, 2 million tasks completed, and a customer satisfaction rating of 4.8/5.0; customers saved an estimated ~800 trees in 2018. Financially, Tasker reached break-even prior to its second round and received further investment to support expansion. Going forward the company plans to expand beyond the Baltics, pursuing online sales channels and direct sales reps over the next 12 months.

Team

  • Paulius Lazauskas

    CEO and Co-Founder

  • Côme Jean-Jarry

    Co-Founder

    LinkedIn