LDXC
Industry:
Software

DESCRIPTION

Londax is a development-stage IT company based in Riga, Latvia, founded in 2023. Londax's core product is londax.ai, a web-based platform that combines a CRM system and an ATS, designed to help businesses manage recruitment and employee performance. Users can create job postings manually or with AI assistance, track candidates through a hiring funnel, and monitor staff KPIs. The platform is hosted on AWS and uses the OpenAI API for its AI-driven features. Londax targets small and midsize businesses in Europe, with plans to expand globally. The company has outlined several potential revenue streams, including subscriptions, customization and integration services, professional services, and feature add-ons — none of which are currently generating revenue. The subscription model, offering monthly or annual tiered pricing plans, is intended to be the primary and most scalable revenue stream. As of the filing, Londax has no paying customers and no revenue, and the company operates with one part-time employee, its president, Olegs Pavlovs.

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