Martin Kasa

Czech entrepreneur and investor. Co-founded the e-shop KASA.cz and the pharmacy group Pilulka with his brother Petr Kasa, founded Balíkobot. Today consults for selected companies on digitalization, business process redesign and putting AI into operations.

Martin Kasa consults for a small number of selected companies on digitalization, redesigning business processes and bringing AI into day-to-day operations.

Together with his brother Petr Kasa he co-founded KASA.cz in 1999, one of the first Czech online stores, focused on consumer electronics. In 2010 he sold his stake in KASA.cz to the HP Tronic group. In 2013 the brothers founded Pilulka. Pilulka grew from an online pharmacy into one of the largest pharmacy chains in the Czech Republic, combining e-commerce with a network of branded pharmacies, and expanded to Slovakia, Romania, Hungary and Austria. In October 2020 Pilulka listed on the START market of the Prague Stock Exchange, raising over CZK 300 million, at the time the most successful IPO on that market. In 2025 the brothers completed the sale of their stake in Pilulka to Tomáš Čupr’s investment group TCF Capital.

He co-founded Balíkobot in 2014, software that connects e-shops with parcel carriers. Balíkobot grew to handle about a tenth of all parcels in the Czech Republic and was acquired by Heureka Group in 2022.

He chaired APEK, the Czech e-commerce association, for 16 years. Over 25 years in e-commerce, logistics and investing he has been part of dozens of acquisitions and transactions.

Based in Prague, Czechia.

Consulting

• Digitalization of companies
• Business process redesign
• Putting AI into operations

For selected companies only. Get in touch.

Projects

• Pilulka: online pharmacy and pharmacy chain, listed on the Prague Stock Exchange. Co-founder with Petr Kasa, 2013. Sold to TCF Capital in 2025.
• KASA.cz: consumer electronics e-shop. Co-founder with Petr Kasa, 1999. Sold to HP Tronic group in 2010.
• Balíkobot: shipping integration software for e-shops. Co-founder, 2014. Sold to Heureka Group in 2022.
• APEK: Czech e-commerce association. Chair for 16 years.

Investments

Angel investor in Czech technology companies, focused on commerce, logistics and the internet. Early shareholder in StartupYard, the longest-running startup accelerator in Central Europe. Past investments include Srovnáme.cz (sold 2021), Bazarobot and Ticketon.

News

• 2025Sale of Pilulka to Tomáš Čupr’s TCF Capital completed
• 2022Heureka Group acquires Balíkobot
• 2021Srovnáme.cz sold
• 2020Pilulka IPO on the Prague Stock Exchange START market
• 2013Martin and Petr Kasa found Pilulka
• 2010Stake in KASA.cz sold to HP Tronic group

Contact