IAG raises €6M to digitise auto-parts supply across CEE
What's the deal? Czech startup IAGDealroom has a profile for this one. Try Dealroom → has raised €6M from Orbit CapitalDealroom has a profile for this one. Try Dealroom → and Jet Venture 1 through a mix of equity and venture debt. IAG builds a digital platform that connects auto and motorcycle parts suppliers directly with independent repair shops, giving mechanics instant visibility on pricing and availability.
Founder Tomáš Kaštil retains the largest stake at 38.8%, followed by entrepreneur Josef Koller (23.9%), Ondřej Navrátil (19.4%), Jet Venture 1 (8.9%), and Venture to Future FundDealroom has a profile for this one. Try Dealroom → (7.5%).
Why now? This is a follow-on round. In May 2025, Jet InvestmentDealroom has a profile for this one. Try Dealroom → and Venture to Future Fund put €5M into IAG. The fresh capital — partly structured as venture debt via Orbit Capital — gives the startup working capital without significantly diluting existing shareholders.
IAG already operates in six markets: Czechia, Slovakia, Poland, Hungary, Croatia, and Latvia. The funds will go toward product development and expanding its franchise network across central and eastern Europe.
What could go wrong? The European auto parts market is worth over €100B, according to Kaštil, but it remains highly fragmented and slow to digitise. Convincing entrenched distributors and small workshops to adopt a new platform is a classic chicken-and-egg challenge. IAG also says it offers shorter payment terms to suppliers than incumbents — a model that could strain cash flow as it scales.
The signal: With €11M raised across two rounds in just over a year, IAG is moving quickly for a CEE startup tackling a traditionally offline, €100B+ market. Dealroom classifies the company as "early growth," and the blending of venture debt from Orbit Capital with equity from Jet Venture 1 points to a capital-efficient playbook suited to asset-light marketplace expansion — a model that could help IAG densify its franchise network across central and eastern Europe without burning through equity runway.
Read more: CzechCrunch
