About Partsearch Technologies
Partsearch Technologies is a Retail company based in New York (United States) founded in 2001, and was acquired by Best Buy in June 2011. Online replacement parts platform for consumer electronics and home appliances. Partsearch Technologies has raised $8.2 million across 2 funding rounds from investors including Best Buy, DCC and Enhanced Capital. The company was acqui-hired. Its focus areas include B2B E-Commerce, Consumer Electronics and E-Distributor. Its legal entity is PARTSEARCH TECHNOLOGIES INC. Its competitors include Hubx, Controlled Products Systems Group and PCSWireless; 1 of its 3 listed competitors has raised funding.
Company details
Partsearch Technologies was established in 2001 in New York, United States, within the e-commerce sector for consumer goods. An online catalog-based platform is maintained for replacement parts in electronics and home appliances. Individual customers, technicians, retailers, and service providers are served as a centralized resource. Procurement services for parts are extended to retail partners, warranty administrators, and end-users across operations.
- Headquarters New York, United States
- Stage Acquired
- SectorsRetail
- Website partsearch.com
- Social LinkedIn X Facebook
- Acquired by Best Buy (Jun 2011)
- Legal Name Partsearch Technologies Inc
Funding Insights of Partsearch Technologies
Partsearch Technologies has successfully raised a total of $8.2M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $4.2 million completed in June 2003. 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 $8.2M
- Total Rounds 2
- Last Round Series D — $4.2M
- First Round $4M
(Jan 2002)
- Investors Count 7
All 2 funding rounds of Partsearch Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2003 | $4.2M | Series D | – | Westbury Partners | |
| Jan 2002 | $4M | Series A | – | Enhanced Capital |
8 investors in total: 8 institutional.
Investors in Partsearch Technologies
Partsearch Technologies has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Best Buy, DCC and Enhanced Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC and private equity firm | enhancedcap.com | New York, United States | ||
US focused early & growth stage VC firm | savp.com | New York, United States | ||
Startups in diverse technology sectors are incubated by Idealab. | idealab.com | Pasadena, United States | ||
| westburypartners.com | ||||
Venture debt is provided to early-stage US companies. | 1999 | enhancedcapital.com | New York, United States | |
US private equity investments are managed by Stonehenge Capital. | stonehengecapital.com | Baton Rouge, United States | ||
International sales, marketing, and support services are provided globally. | 1976 | dcc.ie | Foxrock, Ireland | |
Consumer electronics and mobile phones are retailed in stores worldwide. | 1966 | bestbuy.com | Richfield, United States |
Investor details for Partsearch Technologies
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Timeline of Partsearch Technologies
4 dated milestones of Partsearch Technologies across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Partsearch Technologies is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series D, of $4.2M.
- Exit Acquired by Best Buy.
Competitors of Partsearch Technologies
Partsearch Technologies has 3 listed competitors in our database, 1 of them funded. They include Hubx, Controlled Products Systems Group and PCSWireless.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hubx.com | 1999 | Boston, United States | $5.5M | Online B2B marketplace offering consumer electronic products | ||
| controlledproducts.com | 1998 | Denver, United States | 143 | Perimeter access control equipment is distributed electronically. | ||
| pcsww.com | 2001 | Florham Park, United States | 520 | Mobile handsets and wireless accessories are distributed in North America. |
Detailed competitors of Partsearch Technologies
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Web traffic of Partsearch Technologies
Websites that share an audience with Partsearch Technologies (partsearch.com).
Websites whose visitors overlap most with Partsearch Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| partstore.com | 100% | View details | |||
electronicplus.com | electronicplus.com | 89% | #3,210,350 | – | |
| ciconelectronics.com | 88% | View details | |||
industrypart.com | industrypart.com | 88% | #3,342,734 | – | |
| tkoelectronics.com | 55% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Partsearch Technologies
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- 6 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in B2B Marketplaces & Wholesale
3 companies that operate in the same segment as Partsearch Technologies (B2B Marketplaces & Wholesale) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | USD 144.12 B | 124,320 | ||
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | 923 | ||
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 |
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Related news about Partsearch Technologies
Complete news archive for Partsearch Technologies
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Frequently Asked Questions about Partsearch Technologies
Partsearch Technologies was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Partsearch Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.
Partsearch Technologies is a funded company, having raised a total of $8.2M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jan 2002.
Partsearch Technologies was established in 2001 in New York, United States, within the e-commerce sector for consumer goods. An online catalog-based platform is maintained for replacement parts in electronics and home appliances. Individual customers, technicians, retailers, and service providers are served as a centralized resource. Procurement services for parts are extended to retail partners, warranty administrators, and end-users across operations.
Partsearch Technologies's top competitors include Controlled Products Systems Group, Hubx and PCSWireless.
Partsearch Technologies has 8 investors. Key investors include Best Buy, DCC, Enhanced Capital, Enhanced Capital Partners, and Silicon Alley Venture Partners.
Partsearch Technologies operates through Partsearch Technologies Inc.
Yes. Partsearch Technologies was acquired by Best Buy in June 2011.