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Partly secures $50M in a Series B funding round led by DST Global Partners, enabling its expansion into the US market for automotive repairs.

PRIVATEJun 23, 2026•about 2 months ago

Amount Raised

$50 Million

Round Type

Series B

AustinManufacturingArtificial IntelligenceAutomotiveMachine Learning

Investors

Dst Global Partners

Description

Partly, the creators of the Interpreter AI model for the automotive repair supply chain, announced a $50M Series B raise led by DST Global Partners. This funding will support the company's entry into the US market, positioning Partly as a leader in AI infrastructure for the automotive sector. The company's unique model has been built over five years and aims to revolutionize efficiency and profitability in the automotive repair industry. With this backing, Partly is set to address the $100 billion+ US collision repair market.

Company Information

Company

Partly

Location

Austin, Texas, United States

About

Partly is the creator of the Interpreter AI model, the world's only foundation model purpose-built for the automotive repair supply chain. Founded in 2020, the company combines deep automotive expertise with world-class AI engineering to improve operational efficiency and profitability in the industry. With five years of development, Partly is now positioned to lead the US collision repair market with innovative AI solutions. The company aims to redefine the future of automotive repairs through advanced technology.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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