Partpic

Atlanta, United States Founded: 2013 • Age: 13 yrs Acquired By Amazon
Visual recognition technology for MRO parts identification is offered.
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About Partpic

Partpic is a company based in Atlanta (United States) founded in 2013 was acquired by Amazon in November 2016.. Partpic has raised $1.5 million across 5 funding rounds from investors including Amazon, CV Catalyst and ARC Angel Fund. The company has 19 employees as of December 31, 2016. Partpic operates in a competitive market with competitors including Syte, nyris, JustVisual, ViSenze and ImageVision, among others.

  • Headquarter Atlanta, United States
  • Employees 19 as on 31 Dec, 2016
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Partpic, Inc.
Operational Areas
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.5 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
    Amazon

    & 5 more

  • Employee Count
    19

    as on Dec 31, 2016

  • Acquired by
    Amazon

    (Nov 03, 2016)

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Funding Insights of Partpic

Partpic has successfully raised a total of $1.5M across 5 strategic funding rounds. 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 Rounds 5
  • Last Round
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2015 Amount Seed - Partpic Valuation

investors

Jun, 2015 Amount Seed - Partpic Valuation ARC Angel Fund NYC , The JumpFund
May, 2015 Amount Grant - Partpic Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Partpic

Partpic has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, CV Catalyst and ARC Angel Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech focused early stage VC firm investing in the US
Founded Year Domain Location
Early-stage venture capital investments are made in tech businesses.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Partpic

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Partpic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Partpic Comparisons

Employees
+
Add Comparison
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Competitors of Partpic

Partpic 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 Syte, nyris, JustVisual, ViSenze and ImageVision, 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
domain founded_year HQ Location
Visual search platform for e-commerce is provided using image recognition.
domain founded_year HQ Location
AI-based software for object and image recognition is provided.
domain founded_year HQ Location
Provides advanced visual search and image recognition API solutions for businesses.
domain founded_year HQ Location
AI-based visual search and recognition tools are provided for e-tailers.
domain founded_year HQ Location
Imaging and computer vision solutions are offered for various applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Partpic

Frequently Asked Questions about Partpic

When was Partpic founded?

Partpic was founded in 2013.

Where is Partpic located?

Partpic is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Is Partpic a funded company?

Partpic is a funded company, having raised a total of $1.5M across 5 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Jul 25, 2013.

How many employees does Partpic have?

As of Dec 31, 2016, the latest employee count at Partpic is 19.

What does Partpic do?

Founded in 2013 and based in Atlanta, United States, Partpic operates in the maintenance, repair, and operations (MRO) sector. Visual recognition software is utilized to match user-captured images of parts via smart devices with corresponding specifications. This technology is integrated into distributor or retailer websites to facilitate part searches. Operations focus on streamlining replacement processes for industrial components.

Who are the top competitors of Partpic?

Partpic's top competitors include nyris, Syte and ViSenze.

Who are Partpic's investors?

Partpic has 6 investors. Key investors include Amazon, CV Catalyst, ARC Angel Fund, The JumpFund, and One Spark.

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