What is Partly?
Established in 2020, Partly is dedicated to building a global platform for replacement parts. The company's Parts Commerce Platform is utilized by auto parts manufacturers, retailers, and networks to create enhanced, 'fitter-first' experiences. This strategic focus aims to streamline the complex ecosystem of automotive aftermarket parts, improving efficiency and accessibility for all stakeholders.
How much funding has Partly raised?
Partly has raised a total of $21M across 1 funding round:
Series A
$21M
Series A (2022): $21M with participation from Blackbird Ventures, Square Peg, Octopus Ventures, and Ten13 Management
Key Investors in Partly
Blackbird Ventures
Blackbird Ventures is an Australian venture capital firm that supports ambitious founders from inception through all stages of growth, managing significant capital and leveraging a network of experienced entrepreneurs.
Square Peg
Square Peg is a venture capital firm investing in emerging technology companies across Australia, New Zealand, Southeast Asia, and Israel, focusing on the internet economy.
Octopus Ventures
Octopus Ventures is a founder-focused venture capital firm that backs mission-driven companies across various sectors, including software, climate, health, consumer, and financial technology, providing long-term capital and support.
What's next for Partly?
The recent major strategic investment signals a pivotal growth phase for Partly. This capital infusion is expected to fuel the expansion of its Parts Commerce Platform, enabling the company to onboard more manufacturers and retailers, and enhance its technological capabilities. The company's trajectory suggests a strong focus on scaling its operations and solidifying its position as a leader in the digital transformation of the replacement parts industry.
See full Partly company page
