BADideas.fund
HOMEINVESTMENTS40+ SINCE 2022 / 1 EXIT

What forty companies taught us.

The pattern you only see from the inside: most of them looked bad first.

40+ BACKED / 1 EXIT / SINCE 2022
Tapaya

Turns apps and NFC devices into payment terminals for in-store payments.

CzechiaApr 2026ERDF support
BuilderBase

Infrastructure and marketplace for organizing and scaling builder events.

SwedenMar 2026ERDF support
Spotwise

AI-powered ad monitoring for broadcast sales teams.

LatviaFeb 2026ERDF support
Amorphous AI

AI-powered structuring of healthcare data for hospital decision-making.

USAFeb 2026ERDF support
Just 4 Noise

Builds proprietary generative-AI models that let creators generate high-quality instruments instantly.

USAFeb 2026ERDF support
WhiteBridge AI

AI-powered online identity verification and reputation insights.

LithuaniaDec 2025
Port

Hub-based e-bike rentals for last-mile delivery couriers.

PolandDec 2025
DesktopCommander

Automates workflows and code execution using AI and plain English.

LatviaOct 2025ERDF support
Frankly Insure

Embedded insurance for digital-first consumers at point of sale and in-app.

DenmarkSep 2025
Juo

Subscription infrastructure for D2C brands selling physical and hybrid products.

PolandSep 2025ERDF support
Pleso Therapy

Mental health marketplace connecting users with verified online therapists.

EstoniaLatviaJun 2025ERDF support
Suun

Well-being platform for expectant and new mothers, offering expert-led care and support during pregnancy, postpartum, and beyond.

EstoniaMay 2025ERDF support
Bolt

Mobility super-app for ride-hailing, rentals, and delivery.

EstoniaMay 2025
Hopted

Automates two-way data sync between spreadsheets and business apps.

LatviaApr 2025ERDF support
Lumos AI

Infrastructure for testing and validating clinical-grade AI models.

USMar 2025
THEO Growth

Manages business context for AI readiness.

LatviaFeb 2025ERDF support
Swotzy

Optimizes e-commerce shipping costs and efficiency with AI.

LatviaNov 2024
Qminder

Measures in-person services effectively.

EstoniaOct 2024
Tingit

Marketplace for effortless repairs for people and brands.

LithuaniaJun 2024
FleetFox

Manages car-sharing operations through gig work.

EstoniaApr 2024ERDF support
LILEDU

Netflix-like toy swapping and playing service.

LithuaniaApr 2024
Salesforge

AI-copilot for enhancing sales execution.

EstoniaLatviaMar 2024
Traxlo

Pay-per-task marketplace for local blue-collar jobs.

LithuaniaJan 2024ERDF support
Giraffe360

Subscription service creating virtual building twins with AI.

LatviaUnited KingdomDec 2023
Respeecher

AI voice cloning for any speech requirement.

UkraineOct 2023
Leya AI

Real-time conversations with an English AI-Tutor.

LithuaniaOct 2023
Miros

AI lets shoppers find visual products by thinking.

EstoniaJul 2023
AM Craft

Polymer additive manufacturing hub for the aviation industry.

LatviaJul 2023
Finfra

Powers embedded lending in South East Asia.

LatviaSingaporeJul 2023
Signontab

Streamlines paperwork in private healthcare with digital solutions.

LithuaniaJun 2023
Value.Space

Detects asset deformation using satellites for multiple industries.

EstoniaApr 2023
RoomPriceGenie

Automates hotel pricing to increase revenue and save time.

SwitzerlandFeb 2023Exited
Squad Robotics

Autopilot technology for mobile robots.

LatviaJan 2023
Blockmate

Crypto-as-a-service for banks and fintech.

SlovakiaDec 2022
Supliful

Advanced software for launching scalable CPG brands.

LatviaUSOct 2022ERDF support
Rapidworks

No-code process management for manufacturers.

EstoniaOct 2022
Fuel Finance

Cloud-based financial department for startups.

UkraineUSSep 2022
LANDE

Crowdfunding for European agricultural projects.

LatviaSep 2022
Teamdash

Enhances hiring experiences with integrated recruitment tools.

EstoniaJul 2022
Breezit

Operating system for the private events market.

LithuaniaUSJun 2022

What kills a startup is almost never the idea.

It is the slow drift between rounds. The go-to-market that stops converting, the sales motion that breaks at scale, the founder too deep in the build to notice the ground shifting. By the time it shows in the numbers, the runway is already bleeding. We watched it happen in our own companies, which is why every check comes with a system that watches for it.

The pressure test on the front page is this system's first thirty seconds. After the wire it runs for real: define the state your next round requires, work back to the three to five levers that get you there, then watch the assumptions weekly and put hands on the lever that breaks.

THE DIAGNOSTICYour first 30 days

End state at next round, worked backwards: which pillars must be true, on what milestones, inside a growth model with the 3 to 5 levers that actually move it.

THE WATCHEvery week

An intelligence layer monitors how the model's assumptions are tracking, flags drift early, and routes the right expertise to you before drift becomes the thing that kills the round.

THE HANDSOn drift

When a specific lever needs execution, a senior operator who scaled that exact function steps in for a focused 1 to 2 week sprint. Not a deck of advice.

PLUS €40K+ IN PARTNER PERKS: ANTHROPIC, AWS, GITHUB, HUBSPOT, NOTION, MIRO AND OTHERS.

The Operators

The hands. Each ran the function at scale before advising anyone on it. Four of them:

Greg Volm
Greg Volm
ENTERPRISE OUTBOUND

Built Zendesk's SMB-to-enterprise motion from scratch, through IPO and a $10.2B acquisition. Then led sales at Xero and Prezi.

Danny Leonard
Danny Leonard
SMB OUTBOUND

Square's first sales hire. Built the sales org from one person to 200, then founded and sold his own company, Ramped.

Ruslan Nazarenko
Ruslan Nazarenko
GROWTH

Former Head of Growth at Scale AI. At Braid, zero to $1M monthly volume while cutting acquisition cost from $200 to $40.

Mario Araujo
Mario Araujo
PRODUCT-LED GROWTH

Built PLG from zero at OutSystems, then 3x'd ARR at Softr in a single year.

Building in CEE?

PRESSURE-TEST YOUR PITCHdeals@badideas.fund