International Automotive Group Raises €5M from Jet Ventures

The round was led by Jet Investment Group. Jet Venture, part of Jet Investment and based in Brno, is a venture capital fund that backs high-growth tech startups.

IAG is the second startup backed by Jet Investment, which had earlier invested in Partory.

Kamil Levinsky, Executive Director of Jet Ventures, says, “We are excited to support the IAG team and its innovative strategy. We believe that their e-commerce platform and focus on efficient distribution will allow them to fully exploit the potential of the European market. This investment fits perfectly with our strategy of supporting fast-growing B2B technology companies with strong market potential and a product that precisely matches customer requirements.”

Jet Investment is contributing €2.4M of the total funding. Other investors include Venture to Future Fund with €1.6M and founding investor Josef Koller with €1M.

The money will help IAG grow in the European automotive aftermarket, improve its e-catalog services, and make logistics and invoicing easier.

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International Automotive Group (IAG) helps garages get spare parts faster and easier through a digital platform.

They provide an online catalog for car repair shops and tools like ERP, CRM, and BI to support logistics, invoicing, and business growth for their partners.

From 2022 to 2024, IAG’s revenue grew more than five times.

The company is already operating in the Czech Republic, Slovakia, Poland, Hungary, Latvia, and Croatia.

Kamil Levinsky, Executive Director of Jet Ventures, says, “We are excited to support the IAG team and its innovative strategy. We believe that their e-commerce platform and focus on efficient distribution will allow them to fully exploit the potential of the European market. This investment fits perfectly with our strategy of supporting fast-growing B2B technology companies with strong market potential and a product that precisely matches customer requirements.”

About International Automotive Group

These investments are part of the Jet Venture 1 fund, launched in October 2024. The fund focuses on innovative companies using advanced technologies to modernize traditional industries.