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ANSWERUPDATED SEP 27, 2026

What pre-money valuation do founders in CEE ask for?

A median of €3.2 million at pre-seed and €5 million at seed. That is the pre-money valuation CEE founders asked for when they applied to BADideas in 2025 and 2026 so far and stated one. Half of those raising pre-seed asked for between €1.8 million and €5 million.

The figures

Pre-money valuation asked, CEE, 2025 to 2026 (to date)Bottom quarter up toMedianTop quarter from
Pre-seed€1.8 million€3.2 million€5 million
Seed€2.2 million€5 million€8.5 million

In BADideas application data, about one in five founders who state a pre-seed valuation ask for €6 million or more. A valuation that high needs traction or a team that sets you apart.

What is changing

CEE founders raising pre-seed20252026 (to date)
Median pre-money asked€4 million€2.8 million

Few founders state a valuation, so the figures pool 2025 and 2026 and are not shown by quarter.

What it means for you

  • Anchor on the median, then argue up. A valuation near €3.2 million needs little defence; one at €6 million needs evidence.
  • Say what justifies it. Revenue, growth or a founder who has built before are what investors accept as reasons.
  • Remember it is an ask. These are what founders asked for, not what they closed.
  • Compare like with like. A valuation with revenue behind it is not comparable to one without.

Also answers

What is a typical seed valuation in CEE?

A median pre-money of €5 million among CEE founders raising seed who stated one.

How much does the valuation rise between pre-seed and seed?

About 1.6 times at the median pre-money, from €3.2 million to €5 million, while the median round grows from €400,000 to €1 million. The round grows faster than the valuation, so seed rounds sell a larger share.

Is a €6M pre-money normal at pre-seed?

It is at the top end: 20% of CEE founders raising pre-seed who stated a valuation asked for €6 million or more.

Did pre-seed valuations in CEE change in 2026?

The median ask was €4 million in 2025 and €2.8 million in 2026 so far. Few founders state a valuation, so treat the change with caution.

How we measured it

  • Source: applications founders sent to BADideas, enriched with publicly available information where applicable.
  • Limits: these are CEE only and early-stage companies.
  • On this page: The valuation is the pre-money the founder asked for. Few founders state a valuation, so the figures pool two years and are not broken down by country.
  • Updated: 27 September 2026.
CITE AS

BADideas.fund, "What pre-money valuation do founders in CEE ask for?", updated 27 September 2026. https://badideas.fund/answers/pre-seed-valuation-cee

Who we are

We are a pre-seed and seed fund for founders in Central and Eastern Europe. We have built and sold companies ourselves, and since 2022 we have backed more than 40.

We back founders who see something about their market that others do not see yet. They want to change how a whole industry works, start with something small, and learn fast.

Good founders rarely fail on the idea or the product. They fail on selling it. We give your company hands-on help from GTM operators who grew Zendesk, Square and Scale AI.

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