LATO selected to the Young Innovative Company funding programme

January 14, 2016

LATO, a true Finnish B-to-B software start up, was recently selected to the TEKES Young Innovative Company (YIC) funding programme. The funding provided will support LATO´s well established growth plan and international expansion.

During 2015 LATO was able to prove its business case with dozens of new customers. Today, LATO´s customer base is composed of a wide scale of companies including large enterprises, SME companies, public organizations and private equity investors to mention a few. Additionally LATO has taken its first steps towards expanding its operations into international market place.

– TEKES has been supporting LATO from its very first steps and we are extremely excited about becoming eligible for the Young Innovative Companies funding, says LATO´s BD Director, Erno Launo. We are proud to have reached our position as a trustworthy solution provider addressing a global customer pain. Our tool provides an easily accessible snapshot of the organizations initiative status. Additionally our model ensures quick and effortless time to value.

The problems and customer needs related to strategy execution are universal. Organization may suffer from poor information sharing between business units and they might lack clear guidelines, tools or systematical communication of responsibility or accountability for executing decisions. LATO´s approach brings clear structure into the strategy implementation aligning the strategic goals and actions throughout the organization.

TEKES´s Young Innovative Companies programme offers public funding for most promising Finnish Start Ups with international growth potential for comprehensive development of their business activities.

More information:

Erno Launo
Director, Business Development
LATO Leadership Automation Tools Oy
Mobile +358 400 551 502
E-mail erno.launo(at)