Partpic
Latest round
- Seed
Last raised
- Jun 2015
Total raised
- $1.5M
Investors
- 4
About Partpic
Partpic Inc. offers advanced image recognition solutions for identifying and procuring replacement parts, streamlining the ordering process through integrated vendor partnerships.Founded in 2013 and headquartered in Atlanta, US, Partpic Inc. specializes in image recognition technology for replacement parts.5 mn.Partpic specializes in providing innovative solutions designed for the identification and procurement of replacement parts through advanced image recognition technology. Their core product allows users to upload images of parts, enabling the system to identify the parts and facilitate seamless ordering through integrated vendor partnerships. This technology primarily serves industries such as manufacturing, automotive, and maintenance services, addressing the challenges of part identification and procurement inefficiencies. The launch of their platform marked a significant advancement in simplifying the supply chain processes for businesses seeking quick and reliable access to the components they require.Partpic's revenue model is structured around direct B2B transactions, leveraging a subscription and partnership approach to facilitate the ordering of parts through their platform. Clients engage with the service through tailored subscription plans that offer varying levels of access to the technology, including features like enhanced search capabilities and priority support. The company’s flagship service, which focuses on image recognition for parts identification, is bundled with specific pricing tiers to accommodate diverse client needs. Revenue is generated as businesses utilize the platform to streamline their procurement processes, with transactions occurring directly between Partpic and their clients. The company plans to introduce new features aimed at enhancing user experience and accessibility of their platform in the upcoming year. Additionally, there are strategic goals for penetrating new markets in Europe and Asia by the end of 2016, capitalizing on the growing demand for efficient part procurement solutions.
Who invested in Partpic
4 investors across 1 round
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Funding rounds
Seed
Jun 17, 2015
Amount
$1.5M
Investors
Questions about Partpic
Who invested in Partpic?
Partpic has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Partpic raised?
Partpic has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Partpic last raise money?
Partpic's most recent round on record is a Seed, in Jun 2015.
What does Partpic do?
Partpic is a internet company.
Where is Partpic headquartered?
Partpic is headquartered in Atlanta, US.
Which VCs invest in companies like Partpic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Partpic's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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