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ANSWERUPDATED SEP 27, 2026

How much revenue growth do founders in CEE forecast?

About 9.4× their current revenue. CEE founders who applied to BADideas in 2026 so far and showed both current revenue and a forecast expected next year's revenue to be a median of 9.4× what they earn now. Half forecast between 4.0× and 33×.

The figures

Next year's forecast against current revenue, CEEBottom quarter up toMedianTop quarter from
20253.7×8.9×46×
2026 (to date)4.0×9.4×33×

In BADideas application data, the typical forecast barely moved between 2025 and 2026: founders raising early expect to grow several times over in a year, and a quarter of them far more.

What is changing

CEE applicants20252026 (to date)
Showing financial projections53%43%

Few founders show both a forecast and current revenue, so the multiple is not shown by quarter.

Across CEE

CEE founders who applied in 2025 and 2026 so far, and each country with enough applicants to show. Countries with fewer applicants are still counted in the CEE row.

Where the founder is basedShowing financial projections
All of CEE48%
Baltics46%
Latvia42%
Estonia53%
Lithuania44%
Poland46%
Ukraine51%
Romania60%
Czechia47%
Bulgaria50%

Showing financial projections: highest in Romania (60%), lowest in Latvia (42%).

What it means for you

  • A steep forecast is normal, an unexplained one is not. Show the drivers: customers, price and conversion behind each year.
  • Anchor on what you know. Investors trust a forecast whose first months match your current trend.
  • Show a base case. One realistic scenario next to the ambitious one reads as judgement, not caution.
  • Tie the forecast to the round. Show which hires and which spend the money buys, and the revenue they should bring by the next raise.
  • Say what you assume about churn and pricing. A forecast without them cannot be checked.

Also answers

Do pre-seed decks need financial projections?

About 43% of CEE founders who applied in 2026 so far included them. A clear use of funds and milestones often tells investors more.

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 multiple is the revenue forecast for the next full year divided by annual recurring revenue at the date of the deck. Few founders show both, so the multiple is not broken down by country or quarter.
  • Updated: 27 September 2026.
CITE AS

BADideas.fund, "How much revenue growth do founders in CEE forecast?", updated 27 September 2026. https://badideas.fund/answers/revenue-forecast-growth-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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