About

Davis Siksnans

CEO at Mapon (since 2024). Co-founder and ex-CEO at Printful, the first Latvian unicorn company 🦄 (2013-2022).

  • Ecommerce
  • SaaS
  • Investor
  • Advisor
  • Productivity Enthusiast

Investments at Draugiem Capital. Member of BAD Ideas Fund and Fund Fellow Founders Syndicates.

  • Order of the Three StarsProud receiver of the highest civilian order awarded in Latvia
  • Forbes 30 under 30
Email Me Follow me on LinkedIn
$1bn+
Printful valuation, first Latvian unicorn 🦄
~$300m
Printful revenue by the time I left
€24m+
Mapon revenue, fleet management B2B SaaS scale up
26
investments: angel, late stage secondary and funds

Interviews, podcasts, articles

Media

  1. 01Inside Latvia's First Unicorn 🇺🇸Management Today
  2. 02From CEO to a Leader 🇺🇸 ⏯️YouTube
  3. 03Building Printful from Ground Up 🇺🇸 🎤Spotify
  4. 04What every startup entering the US market should know? 🇺🇸 ⏯️YouTube
  5. 05It Takes Time and Favourable Conditions to Raise a Unicorn 🇺🇸Labs of Latvia
  6. 06Cilvēkjauda podcast 🇱🇻 🎤YouTube
  7. 071:1 LTV interview 🇱🇻 ⏯️LSM Replay
  8. 08Svarīgas Detaļas Podcast 🇱🇻 🎤Spotify
  9. 09Pursuit of Scrappiness Podcast 🇺🇸Pursuit of Scrappiness
  10. 10Investor Showcase: Draugiem CapitalLabs of Latvia
  11. 11HR PODCAST 🇱🇻 🎤Spotify
  12. 12Tax Stories podcast 🇱🇻 🎤YouTube
  13. 13Mapon significantly increases revenue and reports profit growth 🇱🇻Dienas Bizness

Operating and building

Companies (scale ups)

MaponFleet management B2B SaaS, scale up€24m+ revenuePrintful 🦄Global leader in print on demand, around $300m revenue by the time I left$1bn+ valuationDraugiem Group100 startups over 22 yearsDraugiem CapitalFlexible investments for profit-focused CEE businessesPrime PrometicsCosmetics for women over 50€100m+IGLUSoft play toy brand€10m+

Early stage

Angel investments

How I invest

Too early for me? Try one of the VC funds.

I prefer to invest in companies that already have revenue. I don't invest at pre-seed.

If you are pre-seed, I recommend pitching one of the venture funds I have invested in. The fund manager can then ask me whether they should invest, and that is how I can help.

Have a profit-focused business?

Submit your investment case

Goes straight to Draugiem Capital.

HyperjobHR B2B SaaSRoomPriceGenieTravel B2B SaaSExited 2025BreezitMarketplaceSign on TabHealthtech B2B SaaSRespeecher 🇺🇦B2B ServiceCreateCreatine DTCInbankEmbedded financeSalesforgeB2B sales softwareRorraWater filtration DTCAuthologiceID KYC in EuropeHUDAI agent evaluationsYC companyFrankly InsureInsuretechProcurliAI for procurementLumos AIData Infrastructure for Health & Life ScienceForActivePayments for Personal Trainers

Growth companies

Late stage secondary

Canva2024Settle2024Revolut2025

Limited partner

Fund investments

Specialist VC2022Capitalia bond fundClosed 2025BlackstonePrivate equity2025KKRPrivate equity2025Hg CapitalTech focused private equity2025Bad Ideas FundEarly stage venture2025Outlast FundEarly stage venture2025BalnordEarly stage venture2026

In my own words

Writing

March 2026 · 2 min readStuck in Dubai for 6 extra days: 4 lessons from a crisisAt 3:07am in Dubai, on a sleepless night, I was refreshing airline websites one tab after another. Flights were disappearing in seconds.Read April 2026 · 1 min readThe 2026 energy crisis: who adapts first and who waitsRising energy prices are creating a very clear opportunity in logistics right now, as fuel is one of the largest cost components for any transport company.Read November 2026 · 1 min readOur next CTO will work from LondonThe best people aren’t always where your main office is. As Mapon grows across Europe, we’ll keep hiring this way.Read

I post these first on LinkedIn.

Get in touch

Contact

Email Me Follow me on LinkedIn X (Twitter) Threads

Looking for investment from Draugiem Capital?

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Davis Siksnans