Timbro

What Timbro does

Timbro is a Latvian forestry technology company headquartered in Cēsis that delivers end-to-end forest management, timber trading, and forest property transaction services to private forest owners across Latvia. Founded in 2022 and operating as SIA 'Timbro' (registration 40203408445), the company employs 80 professionals spanning forestry, technology, and finance, and is supported by Merito Partners as its 'leading partner'. Stated five-year ambition is to become the leading forestry company in the Baltics.

The company's core technology is a backpack-mounted portable scanner equipped with LiDAR, GNSS, and IMU sensors, paired with proprietary algorithms for point cloud reconstruction (SLAM), ground detection, tree segmentation, species classification, and volume (cubature) determination. These algorithms generate 'digital forest twins' enabling automated forest audit data collection. The technology stack is being developed under two EU co-funded research projects — DP07 (Oct 2024–Jun 2026) with co-implementer SIA APPLY, and a €580,791.67 follow-on prototype project (Dec 2025–Sep 2027) co-financed by the EU Recovery Fund — alongside a separate €255,186.80 project standardizing chipped wood accounting led by SIA LKUUV.

Timbro's business model is commission-based and multi-stream. Revenue streams include: full-cycle forest management (yielding up to 30% higher returns than cutting-area auctions per company claims), forest land and felling rights acquisition (transaction-fee model with same-day payment options), roundwood purchase and trading (advance payments up to EUR 500,000 with 24-hour settlement, operating across the Baltics), CO2 credit consultation and sales facilitation, and bundled legal/tax advisory services. Disclosed 2025 turnover is EUR 158,000, with a stated wood flow volume of 0.578 m³ for the current year. Distribution is via regional managers across Latvia (Latgale, Vidzeme, national sales), supported by website application forms, phone/email consultation, and content marketing across Facebook, Instagram, and LinkedIn.

Name

Timbro

Legal name

SIA "Timbro"

Website

https://timbro.lv

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Timbro is a Latvian forestry technology company providing full-cycle forest management, roundwood trading, and forest property transactions to individual forest owners in Latvia, supported by a proprietary LiDAR-based digital forest valuation platform and 80-person cross-disciplinary team.

Ownership category

akta.pro rank

Product category

Forestry Services

NAICS

Support Activities for Forestry (1153), Timber Tract Operations (11311), Logging (1133), Forestry and Logging (113)

SIC

Forestry (800)

akta.pro primary industry

Forest Management & Silviculture Services (Cruising, Planning, Compliance) (IMAMAAAD)

akta.pro secondary industries

Forestry & Logging Equipment (IMAHACAK), Log Scaling Services (AFAMAIAA), Log Sorting, Grading & Merchandising Services (AFAMAIAC)

Keywords

• Forestry management services
• LiDAR forest valuation
• Timberland acquisition
• Forest property consulting
• Digital forestry platform

Headquarters

HQ city

Cesis

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Forest Management Services: Full-cycle forest management for property owners including valuation, documentation, logging, logistics, roundwood sales, and property restoration. Consultants earn commission only upon successful transaction completion and receipt of payment from the forest owner.
2. Forest Land and Felling Rights Acquisition: Timbro purchases forest land and felling rights/cutting areas throughout Latvia, providing immediate payment on contract signing day, advance payment options, and coverage of all property acquisition expenses including legal and tax services.
3. Roundwood (Apaļkoka) Purchase and Trading: Purchase and sale of roundwood in the Baltics, including advance payments up to EUR 500,000 with evaluation and money transfer within 24 hours, competitive roundwood pricing in the Baltics, and roundwood sales to delivery locations. Revenue generated from buying roundwood at lower prices and selling at higher prices across the Baltic market.
4. CO2 Credits Consulting and Facilitation: Facilitating CO2 capture credit verification and sales for rural property owners through cooperation with local and international experts and verification companies. Timbro receives annual compensation fees for sold CO2 credits under cooperation agreements.
5. Legal and Tax Consulting: Included in the service package for clients, covered by the commission fee in the event of a successful outcome. Services include contract drafting, negotiation, tax consultations, and representation in legal disputes.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Timbro is a Latvia-based forestry technology company that provides end-to-end forest property management, acquisition, and consulting services to individual forest owners. The company leverages a proprietary LiDAR-based digital forest valuation solution to deliver accurate timber assessments, and bundles this with timber harvesting coordination, reforestation, and full administrative support for forest properties.

Product overview

Timbro is a forestry technology company offering a comprehensive suite of services centered around forest land management and timber commerce. The portfolio includes core services for forest land purchase, felling rights acquisition, and roundwood trading, complemented by a digital forest valuation solution utilizing LiDAR-based AI technology for automated forest assessment. The company provides integrated forest management covering the full lifecycle: from forest inventory, surveying, and timber scaling through logging, transportation, and sawlog sales. Additional services include forest regeneration (planting, soil preparation, young stand tending), property management (ditch cleaning, deforestation), and specialized consultations for CO2 credits, legal/tax matters, and protected areas. The digital product uses portable LiDAR scanners with GNSS and cameras to create forest digital twins, enabling precise tree species classification and volume determination.

Differentiator

Problem solved

Functional benefit

Products and services

• Forest Management Services
• LiDAR Digital Forest Valuation
• Forest Property Acquisition
• Forestry Consulting

Quantifiable outcome

• Forest management can yield up to 30% higher financial returns compared to selling via cutting area auction
• +7 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core, major and minor.

• SIA APPLYcoreStrategic or Co-development Partner · 1 October 2024SIA APPLY is Timbro's co-implementer in multiple EU co-funded research projects (Projects DP07 and Nr. 5.1.1.2.i.0/2/24/A/CFLA/006) focused on developing digital solutions for forestry data acquisition using LiDAR technology, point cloud algorithms, and tree sortimentation algorithms.
• SIA Latvijas Kokmateriālu uzmērīšanas un uzskaites vadība (LKUUV)majorStrategic or Co-development PartnerLKUUV is the leading partner of the EU co-funded project on standardization of chipped wood accounting (Project Nr. 2.2.1.3.i.0/1/24/A/CFLA/001, EUR 255,186.80 total, Feb 2026–June 2028). Timbro participates as a cooperation partner in developing standards for chipped wood compaction coefficients and volume/mass conversion methodology.
• SIA VMF LATVIAminorStrategic or Co-development PartnerCooperation partner in the EU co-funded project on chipped wood accounting standardization led by LKUUV. Contributes to the development of unified national standards for biomass resource accounting.
• SIA Meža un koka produktu pētniecības un attīstības institūtsminorStrategic or Co-development PartnerForest and Wood Products Research and Development Institute — cooperation partner in the EU co-funded project on chipped wood accounting standardization led by LKUUV.
• Latvijas Kokmateriālu pārdevēju biedrībaminorStrategic or Co-development PartnerLatvian Timber Sellers Association — cooperation partner in the EU co-funded project on chipped wood accounting standardization, contributing to industry-standard development for biomass resource accounting.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Others

• Sylvera: Forestry-focused carbon-credit ratings and analytics provider. Comparable to Timbro's CO2-credit facilitation stream as a complementary data and verification layer in the voluntary forest-carbon market.
• Pachama: Global carbon-credit marketplace using remote sensing and AI to verify forest carbon projects. Comparable to Timbro as an enabling platform in the forest-carbon-credit value chain, though focused on marketplace/verification rather than landowner service delivery.

Broad incumbents

• Stora Enso: Nordic forest products major with private-forest owner sourcing programs across the Baltics and Sweden. Comparable to Timbro as a counterpart for forest landowners selling roundwood and as a competitor in regional timber supply chains.
• Södra: Swedish forestry cooperative owned by ~50,000 forest members, providing forest management, timber purchasing, and bioenergy products. Comparable to Timbro in serving private forest owners with full-cycle services and trading, but at far greater Nordic scale.
• Metsä Group: Finnish forest-industry group with extensive private-forest owner services, wood supply, and timber trading across the Nordics and Baltics. Comparable to Timbro as both a buyer of roundwood and a broad-service forest-owner partner in the same geography.
• UPM-Kymmene: Finnish forest products and biomaterials company with significant private-forest sourcing operations. Comparable to Timbro as a major buyer of Baltic roundwood and as an established forest-management services provider in the Nordic-Baltic region.
• SCA: Swedish forest owner and forest products company managing large private forest estates and supplying roundwood across the Nordics. Comparable to Timbro in providing forest-management services to landowners and trading timber at regional scale.

Direct peers

• Arbonics: Estonian forestry-tech company helping forest owners manage timber and monetize carbon credits across the Baltics and Nordics. Closely comparable to Timbro in geography, forest-owner customer segment, and the combination of traditional forestry services with carbon-revenue facilitation.
• Treeconomy: UK-based forestry data and carbon platform that combines LiDAR/remote-sensing-based forest measurement with carbon-credit issuance. Comparable to Timbro in its use of digital forest inventory to monetize both timber and CO2 assets.

Regional players

• Latvijas valsts meži: State-owned manager of Latvia's public forests, dominating domestic timber supply and forest-management services. Operates in the same Latvian market as Timbro with overlapping service offerings (forest management, timber sales, regeneration), though for public rather than private landowners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SIA-Timbro-61568987292645
• Instagraminstagram.com/siatimbro
• LinkedInlinkedin.com/company/timbrogroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

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 Timbro