PartsTech Raises $35 Million to Expand B2B Automotive Parts MarketplacePartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace
PartsTech has raised $35 million to expand its B2B marketplace for the auto repair industry. With the money raised from this Series C funding round, led by a venture capital (VC) firm OpenViewthe company plans to enable auto repair shops to source all the parts and tires they need through the procurement platform, PartsTech said in a Wednesday (May 18) press releases. “We founded PartsTech with a vision to create a better way for auto repair facilities to find and source parts, which is a notoriously painful and time-consuming process,” PartsTech Founder and CEO Greg Kirber said in the release.… [...]