Partful, a Manchester, UK-based aftermarket technology company, raised £2.4M in funding.
The round, which brought the total amount to £6.2M, was led by Par Equity, with participation from US-based Blumberg Capital.
The company intends to use the funds to expand its customer base in the European and U.S. markets.
Led by CEO Sam Burgess, Partful is a digital 3D interactive parts catalogue and work instructions support tool that enables users to identify product parts 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 Cars, Norton Motorcycles, IDEX Corporation, and BAE Systems, to create user friendly after sales experiences that are helping to eradicate order errors, protect manufacturer revenues and limit product downtime, by enabling faster part fulfilment and repair.
FinSMEs
26/07/2023