Prague-based International Automotive Group (IAG), a B2B e-commerce and logistics platform for automotive spare parts, has raised €5 million in a fresh funding round.
The investment was led by Jet Investment Group via its Jet Venture 1 fund, with co-investment from Slovakia’s Venture to Future Fund (€1.6M) and IAG’s original backer, Josef Koller (€1M).
Digital supply chain for garages
Founded to streamline spare parts distribution for repair shops, International Automotive Group offers a dedicated e-catalogue and tools like ERP, CRM, and BI systems. These help garages and franchise partners manage logistics, invoicing, and business development from a single platform. Since 2022, IAG has grown its revenue more than fivefold.
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Expanding across Europe
Already operational in the Czech Republic, Slovakia, Poland, Hungary, Latvia, and Croatia, the new capital will support further expansion in the European aftermarket, enhance its e-catalogue offering, and optimise internal logistics workflows.
Backers eye traditional sector disruption
Jet Ventures’ Executive Director Kamil Levinsky called the company “a perfect fit” for their strategy to back fast-growing B2B tech startups targeting legacy industries. This is Jet’s second investment under the new fund, following a previous stake in Partory.
