Only have 1 minute? Here are 3 key takeaways:

• Omnetic, a Czech-founded dealership management system, secured a €100M funding, led by Kartesia and CVI, in the biggest round for 2024.
• The company aims to accelerate growth and expand into key European markets, including Poland, Germany, France, and the Benelux countries.
• Under the EAG Group, Omnetic operates in 12 European markets and offers digital solutions to streamline automotive services, serving over 12K daily users.

Czech-founded Omnetic, a dealership management system for automotive professionals, announced its latest funding of €100M. The round was led by Kartesia, a European private equity fund, and the Central European and Poland-based debt fund CVI. The new investment is going to be utilized for further growth, fueling new customer acquisition, and European expansion to Poland, Germany, France, and the Benelux countries.

“Kartesia and CVI offered the most flexible capital solution. Moreover, they operate in the markets where our future acquisition targets are also located”, shared Petr Kratochvíl, Chief Investment Officer at Omnetic.