About Part Analytics
Part Analytics is a company based in Waukesha (United States) founded in 2017 by Jithendra Palasagaram and Jesil Pujara was acquired by Altium in January 2025.. Part Analytics has raised $3.63 million across 3 funding rounds from investors including Altium, UChicago and MK Capital. Part Analytics offers products and services including Part IQ, BOM IQ, Category IQ, RFQ IQ, and Executive IQ. Part Analytics operates in a competitive market with competitors including DataStax, Confluent, Imply, Striim and Incorta, among others.
- Headquarter Waukesha, United States
- Founders Jithendra Palasagaram, Jesil Pujara
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Part Analytics Inc
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Products & Services of Part Analytics
Part Analytics offers a comprehensive portfolio of products and services, including Part IQ, BOM IQ, Category IQ, RFQ IQ, and Executive IQ. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers insights on part availability and alternatives.
Analyzes bills of materials for risk and cost optimization.
Provides visibility into spend and supply risks.
Digitizes RFQ processes for faster supplier negotiations.
Delivers real-time intelligence for supply chain decisions.
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Funding Insights of Part Analytics
Part Analytics has successfully raised a total of $3.63M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Series A - Part Analytics | Valuation | MK Capital |
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| Feb, 2019 | Amount | Seed - Part Analytics | Valuation | Idea Fund |
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| Jun, 2017 | Amount | Grant - Part Analytics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Part Analytics
Part Analytics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Altium, UChicago and MK Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in software and technology companies with a focus on early and growth stages.
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Fosters intellectual collaboration with Indian universities, research institutes, and cultural organizations.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Part Analytics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Part Analytics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Part Analytics Comparisons
Competitors of Part Analytics
Part Analytics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DataStax, Confluent, Imply, Striim and Incorta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud based database platform for enterprises
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Cloud based data streaming analytics and governance platform
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An open source platform for exploratory analytics is provided.
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Streaming data integration and operational intelligence are facilitated through pipelines.
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AI-based business intelligence platform is provided for real-time data analytics.
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Data streams are managed via flow design and performance monitoring.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Part Analytics
When was Part Analytics founded?
Part Analytics was founded in 2017.
Where is Part Analytics located?
Part Analytics is headquartered in Waukesha, United States. It is registered at Waukesha, Wisconsin, United States.
Who is the current CEO of Part Analytics?
Jithendra Palasagaram is the current CEO of Part Analytics. They have also founded this company.
Is Part Analytics a funded company?
Part Analytics is a funded company, having raised a total of $3.63M across 3 funding rounds to date.
What does Part Analytics do?
Part Analytics was founded in 2017 in Waukesha, United States, as a SaaS platform focused on big data analytics. Structured and unstructured data from public and private sources are aggregated to deliver predictive analysis. Actionable insights aimed at cost reduction are generated, with operations centered on enhancing data visibility across multiple sources in the analytics sector.
Who are the top competitors of Part Analytics?
What products or services does Part Analytics offer?
Part Analytics offers Part IQ, BOM IQ, Category IQ, RFQ IQ, and Executive IQ.
Who are Part Analytics's investors?
Part Analytics has 4 investors. Key investors include Altium, UChicago, MK Capital, and Idea Fund.
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