Partly provides an integrated suite of software and algorithms that standardizes automotive parts data, enabling accurate parts selection and reducing return rates. The platform addresses inefficiencies in the auto parts supply chain by offering a modular infrastructure that connects repairers, suppliers, and OEMs through advanced data standards and intelligent parts interpretation.
Funding
$21M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The automotive parts industry faces challenges in accurately identifying and selecting the correct parts due to inconsistent data standards and a lack of integration across the supply chain. This leads to increased return rates, higher overhead costs, and inefficiencies for repairers, suppliers, and original equipment manufacturers (OEMs).
Solution
Partly offers a suite of software, algorithms, and data standards designed to streamline the auto parts ecosystem. The platform provides a unified language for vehicle and parts data, ensuring accurate parts interpretation and selection. By connecting repairers, suppliers, and OEMs through a modular infrastructure and advanced APIs, Partly reduces friction, lowers costs, and improves operational efficiency. The system includes an intelligent parts interpreter, leveraging OEM data and AI to minimize errors and optimize parts selection.
Target Audience
Partly targets repairers, green suppliers (dismantlers), and OEMs seeking to improve efficiency, reduce costs, and enhance connectivity within the automotive parts supply chain.
Features
- OEM Standard: Consistent rules and nomenclature for over 42,000 part types, assemblies, and supersessions.
- Vehicle Definition Standard: Robust list of vehicle approximations with base properties for collision, service, and mechanical parts.
- Intelligent Parts Interpreter: AI-powered interpreter based on OEM and localized data sources.
- Perfect Part Algorithms: Algorithms for optimal supplier selection based on business rules and preferred suppliers.
- Partly Commerce: Platform for creating buyer experiences.
- APIs: Scalable APIs for building custom solutions on top of Partly's infrastructure.
- App Marketplace: Ecosystem of software, tools, and integrations.