Jigcar, the AI-powered vehicle transport and operations solution provider for the dealer sector, has successfully completed a £3m seed fundraising round to drive the next phase of its growth plans. The round was led by Triple Point Ventures, with participation from Venrex, Concept Ventures and strategic angels from the automotive sector, including Bumper. The funds will be used to accelerate Jigcar’s expansion into the rental, fleet and OEM segments and develop new AI and data capabilities. It is also increasing its workforce with new roles across product, engineering, sales and marketing. Founded last year, Jigcar’s purpose-built AI platform has already transformed the way some of the UK’s biggest dealer groups manage their vehicle movements with contracts in place with Steven Eagell, Perrys, Glyn Hopkin, Thurlow Nunn and LSH. The business currently facilitates over 5,000 monthly transport movements and is on track to surpass 200,000 annual movements in 2026. Elliott Perks, CEO of Jigcar, said: “We’re delighted by the confidence shown by our seed investors which will help power the next phase of our ambitious growth strategy. “This funding round will enable us to accelerate our AI product development and build on our early success with dealer groups by driving further growth into the rental, fleet and OEM segments.” “By building bespoke Transport Management Systems for our clients, we are able to optimise and automate how vehicles move, in a sector still burdened by spreadsheets and manual workflows. “Jigcar is on a mission to help automotive businesses turn unnecessary transport costs into profit by using our AI platform to move vehicles faster and more efficiently.” Max Thieler, Investor at Triple Point, said: “Jigcar is transforming automotive logistics by digitising transport operations and reducing reliance on physical paperwork and outdated software. “Its software has already helped dealer groups save money, move cars more quickly and simplify their transport operations. It has also built strong foundations for applications beyond dealer groups, extending across the whole industry and into new geographies, with the potential to redefine transport altogether.” Oliver Kicks, Partner at Concept Ventures, said: “We at Concept Ventures have been proud early backers of co-founders Elliott Perks, Rupert Wood and Jackson Jacob. With Jigcar, they are applying deep industry insight to build a business with clear global potential. Their application of AI helps automotive businesses turn transport costs into profit – this is exactly what we’re excited to support in this current climate. We’re proud to be backing them again on this next chapter.”