Latvian American Chamber of Commerce

What Latvian American Chamber of Commerce does

The Latvian American Chamber of Commerce (LACC) is a non-profit membership organization that serves as the official Latvian business network in the Americas, connecting Latvian companies with US partners, investors, and government stakeholders. It operates 12 regional chapters across the US (Colorado, Michigan, Minnesota, New England, Southern California, Northern California, Illinois, Philadelphia, Tri-State, Washington DC), Latvia (Riga), and Brazil, delivering networking, education, and trade facilitation services. Core offerings include a membership program, an annual flagship Spotlight Latvia conference, regional happy hours, joint chamber events, Boot Camps for Latvian companies entering the US market, Mini Spotlight Webinars, a member directory, a job board, a newsletter, member-only resources, and the inaugural Latvia–USA Business Report.

LACC's "technology" footprint is non-proprietary: there is no platform architecture, software product, or model in evidence. The organization runs a website, an email newsletter, a YouTube channel for webinar recordings, and a third-party job board (latvianchamber.mcjobboard.net). Distribution is relationship-driven, with volunteer-led regional directors and a board of directors co-chaired by Lauris Lambergs and J\u0101nis Bergs, supported by paid staff being added in 2025.

LACC's business model combines recurring annual membership fees, one-time event registration (Boot Camp: $25 members / $50 non-members; happy hours ~10 EUR), and corporate event sponsorships for Spotlight Latvia and other events (Partner, Gold, Amber tiers). Strategic partnerships with the Latvian Ministry of Foreign Affairs, Latvian Embassy in Washington DC, LIAA, the US Department of State, the American Chamber of Commerce in Latvia, the Norwegian, Finnish, Swedish, French-American, and German-American Chambers, The Red Jackets, and academic institutions such as Riga Business School and UNIJU\u00cd provide government-backed distribution and content inputs. Revenue, membership counts, and financial figures are not publicly disclosed.

Name

Latvian American Chamber of Commerce

Legal name

Latvian American Chamber of Commerce

Website

https://latvianchamber.com

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

The Latvian American Chamber of Commerce is a non-profit membership organization operating 12 regional chapters across the US, Latvia, and Brazil to connect Latvian businesses with US partners, investors, and government stakeholders through networking events, educational programs, and trade facilitation services.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Membership Fees: Annual membership fees for businesses and individuals seeking to join the chamber network and access member benefits, directory, and resources.
2. Event Registration Fees: Fees for boot camps and educational events - Members pay $25 for Boot Camp, non-members pay $50; happy hours typically 10 EUR admission.
3. Event Sponsorships: Corporate sponsorships for Spotlight Latvia and other events including various tiers (Partner Sponsor, Gold, Amber) with brand visibility and speaking opportunities.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

LACC is a non-profit membership organization that connects Latvian and US businesses through 12 regional chapters across the Americas. It facilitates trade, investment, and knowledge exchange via networking events, the annual Spotlight Latvia conference, boot camps, a member directory, job board, and educational programs for Latvian companies entering the US market.

Product overview

LACC is a non-profit membership organization serving as the official Latvian business network in the Americas. The organization operates as a single unified offering centered on membership services that include event organization (Spotlight Latvia conference, regional happy hours, joint chamber events, business boot camps), regional chapter facilitation across 11 regions, a member directory, job board, newsletter, and member-only resources. LACC does not offer software products or technology platforms; its 'products' are business networking, education, and advocacy services connecting Latvian and US businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• LACC Membership Program Annual membership for businesses and individuals providing access to the LACC network, regional chapter activities, member directory, and member-only resources.
• Regional Chapters Twelve regional chapters in the US (Southern California, Northern California, Washington DC, Illinois, Philadelphia, Tri-State, New England, Minnesota, Michigan, Colorado), Riga Latvia, and Brazil, providing local networking, events, and market entry support.
• Member Directory Searchable online directory of LACC member companies and individuals, facilitating business-to-business connections between Latvian and US firms.
• Job Board Online job board hosted at latvianchamber.mcjobboard.net serving the Latvian-American professional community.
• Spotlight Latvia Conference Annual flagship conference focused on US-Latvian security, defense, technology, and economic security cooperation, with corporate sponsorship tiers (Partner Sponsor, Gold, Amber).
• Mini Spotlight Webinars Series of webinar events hosted in partnership with LIAA and The Red Jackets, covering topics of interest to the Latvian-US business community, available on YouTube.
• LACC Boot Camps Educational boot camps for Latvian companies covering US business setup, export compliance, and cybersecurity, with member/non-member pricing.
• Latvia-USA Business Report Annual publication celebrating the people and partnerships strengthening transatlantic business ties between Latvia and the US.
• Members-Only Resources Exclusive guides, reports, and business intelligence materials accessible to LACC members.

Quantifiable outcome

• First Latvia–USA Business Report published in 2025 celebrating transatlantic ties

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and minor.

• LIAA (Latvian Investment and Development Agency)coreStrategic or Co-development PartnerKey strategic partner co-hosting Mini Spotlight Webinars with LACC and The Red Jackets. LIAA works with LACC to promote Latvian business interests in the US market.
• American Chamber of Commerce in Latvia (AmCham)coreGTM or Marketing PartnerBilateral chamber partnership for joint events including Business After Hours hosted by SEB bank and Joint Chamber Happy Hours in Riga.
• Ministry of Foreign Affairs (MFA) LatviacoreStrategic or Co-development PartnerGovernment partnership supporting LACC's mission to promote Latvian business interests abroad. Latvian Embassy in Washington DC coordinates passport stations and diplomatic engagements.
• Embassy of Latvia to the USAcoreStrategic or Co-development PartnerHost venue for New Nordic Investor Pitch Event and coordination of Latvian diplomatic activities including passport services for diaspora.
• US Department of StatecoreStrategic or Co-development PartnerPartnership supporting the Open World Program hosting Latvian AI innovators visiting the US through congressional professional exchange programs.
• The Red Jackets (Latvian Exporters Association)minorGTM or Marketing PartnerCo-organizers of Mini Spotlight Webinars alongside LIAA and LACC, promoting Latvian exporters and their activities.
• American Latvian Association (ALA)minorStrategic or Co-development PartnerPartner organization representing Latvians abroad, with the traveling exhibit 'We are Latvian!' displayed at LACC Minnesota events.
• Pasaules Brīvo Latviešu Apvienība (PBLA)minorStrategic or Co-development PartnerWorld Federation of Free Latvians partnership supporting Latvian diaspora communities in the Americas.
• World Trade Center DenverminorGTM or Marketing PartnerCo-hosting World Trade Day events and EuroNetworking events with European chambers including LACC Colorado chapter.
• Norwegian Chamber of Commerce in Latvia (NCCL)minorGTM or Marketing PartnerJoint Chamber Happy Hour events organized with NCCL, AmCham, FCCL, LACC, SCCL and The Red Jackets in Riga.
• Riga Business SchoolminorStrategic or Co-development PartnerEducational partnership with RBS; RBS alumni serve in leadership roles including Regional Co-Director Liene Gaspazina with MBA from RBS.
• Latvian Chamber of Commerce and Industry (LTRK)minorGTM or Marketing PartnerPartnership with Latvian trade and industry organization supporting bilateral business connections.
• German American Treffpunkt ColoradominorGTM or Marketing PartnerCo-hosting EuroNetworking events including 'The Capital of Space - Colorado Attracting Space Innovation' with European chambers.
• French-American Chamber of Commerce Rocky MountainminorGTM or Marketing PartnerEuroNetworking partner co-hosting annual European business community events in Colorado.
• Swedish-American Chamber of Commerce ColoradominorGTM or Marketing PartnerEuroNetworking partner for Colorado chapter events connecting European business communities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Norwegian Chamber of Commerce in Latvia (NCCL): Bilateral business chamber facilitating Norway-Latvia commercial relations. Same member-based non-profit model, same Riga-based footprint, and a direct co-organizer of LACC's Joint Chamber Happy Hours alongside AmCham and other Nordic chambers.
• American Chamber of Commerce in Latvia (AmCham Latvia): Mirror bilateral business chamber facilitating US-Latvia trade and investment, organized by AmCham members in Latvia. Directly comparable mission, structure, and event programming; LACC and AmCham already partner on Joint Chamber Happy Hours in Riga.
• Swedish Chamber of Commerce in Latvia (SCCL): Swedish-Latvia bilateral business chamber co-hosting LACC's Joint Chamber Happy Hours in Riga. Same Nordic bilateral chamber structure, comparable membership tiers and event-led revenue model.
• Finnish Chamber of Commerce in Latvia (FCCL): Finnish-Latvia bilateral chamber participating in LACC's Joint Chamber Happy Hours in Riga alongside AmCham, NCCL, and SCCL. Directly comparable Nordic bilateral business association model with similar member services and event programming.
• British Chamber of Commerce in Latvia (BCCL): UK-Latvia bilateral business chamber operating in Riga with membership, events, and policy advocacy. Operates in the same Riga-based bilateral chamber ecosystem as LACC's Riga chapter and partners on joint networking events.

Others

• American Latvian Association (ALA): Diaspora-focused umbrella organization for Americans of Latvian descent, partnering with LACC on cultural programming (e.g., the 'We are Latvian!' traveling exhibit at Minnesota chapter events). Complementary rather than directly competitive, with shared access to the Latvian-American community.
• Latvian Chamber of Commerce and Industry (LTRK): Home-country Latvian business confederation representing domestic Latvian enterprises. LACC partners with LTRK for bilateral connections, but LTRK operates in Latvia rather than serving the Latvian-American diaspora — making it a complementary rather than competitive counterpart.

Regional players

• Swedish-American Chamber of Commerce, Colorado: Colorado-based European bilateral chamber co-hosting EuroNetworking events with LACC's Colorado chapter. Same diaspora business chamber structure connecting US and European companies, operating in adjacent country verticals.
• French-American Chamber of Commerce, Rocky Mountain Chapter: US-based European bilateral chamber operating in Colorado and co-hosting LACC's EuroNetworking events. Directly comparable European-diaspora business chamber model serving a different country community in the same regional market.

Broad incumbents

• German-Baltic Chamber of Commerce (AHK Baltikum): Established German bilateral chamber serving Latvia, Lithuania, and Estonia with deeper resources, larger corporate member base, and longer operating history than LACC. Comparable mission but broader regional scope and more institutional backing from German industry.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@MiniSpotlightbyMissionLatvia
• LinkedInlinkedin.com/company/latvian-american-chamber-of-commerce

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latvian American Chamber of Commerce