We are on CzechCrunch! We are the first investment of the new Jet Ventures fund.
We are extremely happy that the technology portal CzechCrunch noticed our big step! In a detailed article by Luboš Kreč titled “Brno industrialists around Igor Fait are hunting for startups. They are sending tens of millions to a digital factory,” they beautifully summarize what is happening with us.
We are incredibly proud that the new Jet Ventures fund, part of Igor Fait’s Jet Investment, chose us as its very first investment.
What did CzechCrunch highlight in the article?
Our finances: They confirm the investment of 1.25 million EUR (over 31 million CZK), and CzechCrunch even estimated our valuation at 250 to 300 million CZK. They also mention our last year’s turnover of over 70 million CZK and this year’s goal of 200 million CZK.
Our vision: They quote our CEO, Milan Málek, who describes PARTORY as a “digital factory with unlimited machinery” that accelerates and automates the entire procurement process.
Investor confidence: The article quotes Kamil Levinský (head of Jet Ventures), who praised our “twenty years of industrial practice” and “year-on-year revenue growth of 300 percent.”
Our plans: As our CTO Jakub Málek mentions, we will use the investment for platform development, expansion into foreign markets, hiring native speakers, and perfecting our AI for pricing.
Our clients: They mention our key clients, such as Honeywell or Thyssenkrupp, and our network of 1,500 manufacturers.
We thank CzechCrunch for the great and in-depth analysis and, of course, Jet Ventures for their trust. We are excited about what lies ahead!