Riga · Pre-Seed–Seed · 9 people tracked
Investment thesis
BADideas.fund is an early-stage B2B fund focused on Central & Eastern Europe and the Nordics, run by people who have built companies themselves. The firm backs founders whose drive borders on unreasonable and works hands-on with them on the go-to-market challenges that tend to kill startups between rounds. Its team emphasizes clarifying the ideal customer profile, buyer, pain, and required trust, and treats distribution and clear communication as decisive. Backed companies go through a six-week Launchpad program and receive practical operator tooling, such as an AI VP of Marketing. The fund promises a yes-or-no decision within five business days with reasoning.
Source: firm website, verified Aug 30, 2026.
Team · 9 people
from the firm's website & curated & public directories
Founder mafia
4 people who came through BADideas.fund went on to found or lead other companies.
What they invest in
from 38 of 54 portfolio companiesSaaS ×19AI & Machine Learning ×17Logistics & Supply Chain ×8Fintech ×6Developer Tools ×5E-commerce ×5Data & Infrastructure ×4Digital Health ×4
HQs:Estonia×4United Kingdom×3United States×3Lithuania×2Latvia×2Denmark×1
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×52 founders×43 founders×4
Investments · 54 tracked
founders shown can be your intro pathAmorphous transforms unstructured hospital data into standardized, queryable formats using AI, enabling hospitals to derive operational, financial, and clinical insights for decision-making.
AI & Machine LearningData & InfrastructureHealthtech
Co-investorsOutlast FundPurposeTechSpecialist VCZ-Fellows
THEO is a competitive brand positioning intelligence platform that delivers structured positioning briefs for brand strategists, covering competitor landscape mapping, positioning territories, visual identity analysis, and white space opportunities.
AI & Machine LearningMarketing TechSaaS
Guntis Coders(Strategy & Methodology)Martins Ermanis(Product & Operations)Vigo Krumins(Technology)
Co-investorsFirstpick
Builds proprietary generative-AI models that let creators generate high-quality instruments instantly.
AM Craft manufactures customized plastic components for aircraft seating using 3D printing technology, serving aerospace suppliers and airlines seeking reduced lead times and part consolidation.
Advanced ManufacturingDeep TechHardwareNew Materials
Co-investorsChange Ventures
An early-stage venture capital fund that backs founders building software on top of the AI application layer, focusing on conviction-driven teams tackling how entire industries work.
Sector Agnostic
Raimonds Kulbergs(Founder)in
Co-investorsPeak
Blockmate provides crypto infrastructure and compliance tools for banks and fintech companies, including portfolio management, payment integration, and AML compliance features accessible via a single API.
Crypto & Web3Enterprise SoftwareFintech
Ivan Hladik(Founder)
Co-investorsDEPO VenturesDiaspora VenturesZAKA VC
Bolt operates a European mobility super-app offering ride-hailing, shared cars, e-scooters, and food and grocery delivery, along with on-demand parcel delivery.
Logistics & Supply ChainMarketplacesMobility & TransportationTallinn, EE
Co-investorsKorelya CapitalRubyLightSpecialist VCSpring CapitalEuropean Investment BankFidelity Investments+3 more
Referenced via an operator who grew it from zero to $1M monthly volume while cutting acquisition cost from $200 to $40.
Co-investorsPractica Capital
BuilderBase operates a platform for organizing and managing builder events including hackathons, accelerators, and innovation sprints for companies, communities, and investors.
Developer ToolsSaaS
BuilderBase is a platform for running hackathons, accelerators, sprints, and other builder events end to end, covering registration, applications, team formation, judging, sponsors, and ROI reporting.
Developer ToolsFuture of WorkSaaS
Commander AI offers a customer relationship management platform designed to help sales teams track opportunities, manage pipelines, and close deals faster.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSales TechSouth Bay, US
David Berg(Chief Executive Officer (CEO))Shantanu Bhardwaj(Chief Technology Officer (CTO))Dave Meizlik(President & Chief Operating Officer (COO))
Co-investorsBarrel VenturesTribes VenturesWatchfire Ventures42CAP
Subscription infrastructure for D2C brands selling physical and hybrid products.
Desktop Commander is a local AI agent application that executes tasks on a user's computer — opening folders, running commands, writing and editing files, connecting apps, and automating workflows from plain-English prompts.
AI & Machine LearningDeveloper ToolsFuture of Work
Co-investors42CAP
FinFra enables digital businesses in Southeast Asia to integrate lending services into their platforms, offering embedded financing solutions for digital transactions.
Data & InfrastructureFintechSaaS
Co-investorsAccionFirstpickZ Venture CapitalCento VenturesHustle Fund
FleetFox provides automated fleet servicing for light commercial vehicle operators across Europe, handling scheduling, maintenance, washing, and relocations through trained local teams.
AI & Machine LearningLogistics & Supply ChainSaaS
Co-investorsSuperAngel
Frankly is a digital insurance provider offering customizable coverage for personal belongings, home, mobility, vehicles, pets, and travel.
ConsumerInsurTech
Fuel is a financial planning and analysis software platform that consolidates accounting, payroll, CRM, and billing data into unified dashboards with AI-powered automation and forecasting.
AI & Machine LearningFintechSaaS
Co-investorsNovel Capital
Builds proprietary generative-AI models that let creators generate high-quality instruments instantly.
Builds proprietary generative-AI models that let creators generate high-quality instruments instantly.
Giraffe360 sells a subscription 360° camera and AI software that turn one property scan into a full real estate listing media kit.
Mikus Opelts(Founder)in
Co-investorsChange VenturesCipio PartnersHCVCHoxton VenturesMetaplanetShrug Capital+3 more
Hopted offers an automated data movement platform for Google Sheets, syncing live data between work apps and spreadsheets through import automations and writebacks.
Data & InfrastructureDeveloper ToolsE-commerceFuture of WorkSaaS
Vlad(Co-founder)inAlex(Co-founder)in
Co-investorsFirstpick
Juo provides a toolkit for ecommerce merchants to launch and manage subscription models for physical products, including a frontend editor, workflow builder, and APIs/SDKs.
E-commerceRetail TechSaaS
Alina Prelicz(Founder)in
Co-investorsMarket One CapitalFJ LabsLakestarPeak
Just 4 Noise is an AI tool that generates unique music samples and sounds for producers from text prompts, enabling faster creative workflows and integration with digital audio workstations.
AI & Machine LearningCreator EconomyMedia & EntertainmentBrooklyn, US
Liledu is a toy subscription service offering a monthly Play & Swap model that delivers curated, age-appropriate educational toys for young children.
Circular EconomyConsumerEdTechSidcup, GB
LaurynasAiste
Co-investorsFirstpickHeartfelt Capital
Lumos provides evaluation and data services—including supervised fine-tuning pairs, human and AI feedback, preference ranking, and reinforcement learning—to improve the accuracy and safety of AI models for health and life sciences.
AI & Machine LearningDigital HealthHealthtech
Co-investorsDorm Room
Well-being platform for expectant and new mothers offering expert-led care during pregnancy, postpartum, and beyond.
Mental health marketplace connecting users with verified online therapists.
Miros builds an AI-driven product discovery technology that infers shopper intent from behavioural signals such as scroll velocity, clicks, and dwell time, rather than requiring shoppers to describe what they want.
AI & Machine LearningE-commerceRetail TechTallinn, EE
Co-investorsTera VenturesMetis VenturesSnatched VenturesSpecialist VCZAKA VC
Mental health marketplace connecting users with verified online therapists.
Mental health marketplace connecting users with verified online therapists.
Pleso Therapy operates an online therapy platform that matches clients with vetted therapists for mental health support.
Digital HealthHealthtechMental HealthWellness & Fitness
Oleksandr Bondariev(Founder)in
Port rents electric bikes to delivery workers in London through a network of charging and parking hubs.
Logistics & Supply ChainMobility & TransportationLondon, GB
Co-investorsBalnord Sp. z o.o.bValue Venture CapitalFf Venture CapitalMontis CapitalMontis VC
Qminder is a B2B SaaS company that provides queue management software, letting customers sign into queues via on-site tablets or remotely and enabling staff to call visitors by name while tracking customer service metrics.
AI & Machine LearningEnterprise SoftwareRetail TechSaaS
Co-investorsMetaplanetPractica Capital
RapidWorks provides a quote-to-cash software platform for heavy equipment services companies, covering fields such as concrete pumping, crane rental, hydrovac, traffic control, and hauling.
Construction TechFintechLogistics & Supply ChainSaaS
Co-investorsMassMutual Ventures
Respeecher develops proprietary deep learning technology to create high-quality synthetic speech for filmmakers, game developers, advertisers, podcasters, and content creators.
AI & Machine LearningCreator EconomyGamingMedia & EntertainmentSaaSKyiv, UA
Oleksandr Serduik(Executive Officer, Director, Promoter)Grant Reaber(Executive Officer, Director, Promoter)Alex Serdiuk(Founder)in
BoardJohn Frankel(Director)
Co-investorsCathexis VenturesDniproFf Venture CapitalHartmann CapitalICU VenturesSID Venture Partners+2 more
RoomPriceGenie offers an automated room pricing and revenue management system (RMS) for hotels, designed for hotel owners and managers to set prices and increase revenue.
AI & Machine LearningPropTechSaaSTravel & Hospitality
Ari Andricopoulos(Founder)inJörg Siegel(Founder)in
Co-investorsFive Elms CapitalRKKVCSICTIC
SalesForge provides tools and training for agencies and service providers to execute cold email campaigns effectively.
AI & Machine LearningMarketing TechSaaSSales Tech
Frank(Founder & CEO)Dovydas(Founder & Head of Product)Daniel(CTO & Founder)
Co-investorsSpring Capital
Sign on Tab develops digital document management software with legally binding digital signatures and biometric data capture, offering products such as digital templates, a virtual printer, cloud storage, and API integrations.
Digital HealthEnterprise SoftwareHealthtechSaaS
Co-investorsDEPO Ventures
Spotwise builds an agentic platform for commercial radio broadcasters that turns on-air ad signals into sales actions—identifying buyers, drafting pitches, and updating the pipeline for sellers to review.
AdTechAI & Machine LearningMedia & EntertainmentSaaSSales Tech
Rendijs LevicsRoberts Ernests Levics(Founder)inRaimonds Korzenevskis(Founder)in
Co-investors500 Global
Supliful is a fulfillment and private-label platform that lets creators and entrepreneurs build consumer packaged goods (CPG) brands—such as supplements, coffee, and on-demand products—without holding inventory, handling manufacturing, or managing logistics.
B2B MarketplacesDirect to ConsumerE-commerceLogistics & Supply ChainWellness & FitnessDenver, US
Martins Lasmanis(CEO)in
Co-investorsDiaspora VenturesNeer Venture PartnersZAKA VC
Swotzy is a multi-carrier shipping platform that aggregates shipments from e-commerce sellers to negotiate better rates and simplify shipment management from checkout to delivery.
E-commerceLogistics & Supply ChainSaaS
Co-investorsBalnord Sp. z o.o.Firstpick
Tapaya provides a drop-in software development kit that turns any device into an in-store payment terminal, enabling developers to accept multiple payment methods without payments expertise.
Developer ToolsFintech
Co-investorsDEPO Ventures
Teamdash is a talent acquisition platform for organisations with distributed, high-volume hiring across multiple markets, offering CV screening, structured evaluations, recruitment automation, video interviewing, analytics dashboards, and multilingual job ads.
AI & Machine LearningHR TechSaaS
Co-investorsChange VenturesSuperAngel
Co-investorsFirstpickHeartfelt Capital
Traxlo operates tasku.app, a pay-per-task labor platform that matches local gig workers to standardized tasks such as shelf replenishment and warehouse work for grocery chains, retailers, and FMCG brands.
B2B MarketplacesFuture of WorkLogistics & Supply ChainRetail TechVilnius, LT
Paulius VėželisAlmantas Zemblys(Founder)inPaul V.in
Co-investorsAntlerIron Wolf CapitalBalnord Sp. z o.o.DEPO Ventures
Builds proprietary generative-AI models that let creators generate high-quality instruments instantly.
Value.Space provides satellite-based risk assessments for insurance underwriters and risk engineers using digital models of assets, climate data, and movement data to assess risk.
Climate TechInsurTech
Co-investorsGreat Stuff VenturesInventureSpecialist VCSuperAngel
WhiteBridge is an AI-powered digital identity research tool that aggregates and verifies publicly available data about individuals to produce verified reports.
AI & Machine LearningData & InfrastructureSaaSVilnius, LT
Irmantas Motiejūnas(Founder)
Co-investorsFirstpick
Portfolio news
latest coverage across their companies
Commander · vgtimes.com · Aug 16, 2026
Tapaya · ibsintelligence.com · Apr 29, 2026
Giraffe360 · founderstoday.news · Mar 27, 2026
BADideas · musicbusinessworldwide.com · Feb 23, 2026
Juo · finsmes.com · Nov 27, 2025
Traxlo · technews180.com · Jun 20, 2025
Frequently asked questions
- How many investments has BADideas.fund made?
- BADideas.fund has 50 tracked investments.
- What stage does BADideas.fund invest at?
- BADideas.fund invests at the Pre-Seed, Seed stages.
- What is BADideas.fund's typical check size?
- BADideas.fund typically writes checks of $54.5K – $1.6M.
- What sectors does BADideas.fund focus on?
- BADideas.fund focuses on AI & Machine Learning, B2B Marketplaces, Consumer, Direct to Consumer, Enterprise Software, FemTech, Marketplaces, Mental Health, SaaS, Sector Agnostic.
- Where is BADideas.fund located?
- BADideas.fund is headquartered in Riga, LV.
- Who does BADideas.fund co-invest with?
- BADideas.fund most often shares deals with Firstpick, DEPO Ventures, Specialist VC, among 44 tracked co-investors.
Media · Podcasts & interviews
from their channel“Listen to everyone” — BAD ADVICE #6 w/ Roberts Bernans
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"Build a great product and they'll come" — BAD ADVICE #7 w/ Suhas Ghante
BADideas_fund
“If it works for you, it’ll scale” — BAD ADVICE #5 w/ Madara Knutina
BADideas_fund
“Company culture is bull💩" — BAD ADVICE #4 w/ Jekabs Endzins
BADideas_fund
Images
Co-investors · 4
Specialist is a venture capital fund backing early-stage tech founders across Estonia, Latvia, Lithuania, Finland and Ukraine, formerly known as United Angels.
DEPO Ventures is an early-stage venture capital fund investing in technologies reshaping Europe's critical infrastructure, providing hands-on support to founders from inception through first scale.
Change Ventures is a pre-seed venture capital firm backing ambitious Baltic founders in Estonia, Latvia and Lithuania, as well as the Baltic diaspora globally, providing initial capital plus hands-on support to reach product-market fit.
SID Venture Partners is an early-stage venture capital firm backing founders by combining capital with the engineering expertise and business-development resources of a group of leading software companies.
Firms observed investing alongside BADideas.fund, from public investor directories. Shared companies are the overlap with BADideas.fund's recorded portfolio.
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