Partful Receives £2.4M To Transform The Manufacturing Industry's Aftermarket

Jul 26, 2023•over 2 years ago

Amount Raised

£2.4 Million

Round Type

seed

Manchester3d TechnologyManufacturing

Investors

Idex CorporationNorton MotorcyclesLotus CarsDragonfly HyperscooterGovecsMaevingBlumberg CapitalPar EquitySam Burgess

Description

Aftermarket technology specialists, Partful, has received £2.4M in funding to accelerate the development of its ‘exploding’ 3D parts SaaS platform – which is transforming the industry’s approach to a global aftermarket worth $400BN. Led by Par Equity, with participation from US-based Blumberg Capital, it takes the total investment from Par Equity and Blumberg Capital to £6.2M in the last 18 months.

Company Information

Company

Partful

Location

Manchester, Greater Manchester, United Kingdom

About

Partful is a digital 3D interactive parts catalogue and work instructions support tool that enables users to identify product parts quickly and accurately using a 3D explosion view – and then place orders directly with the manufacturer. The work instructions module also provides a step-by-step guide for product repairers, as well as on-the-job training to maintenance engineers. The platform is helping global OEMs, such as Lotus, Norton and BAE Systems, to create user friendly after sales experiences that are helping to eradicate costly order errors, protect manufacturer revenues and limit product downtime, by enabling faster part fulfilment and repair. Developed by Manchester-based start-up SamsonVT, Partful is a highly accessible platform that can be viewed on digital devices anywhere – and is available in 71 different languages.

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