Partly, the startup behind an AI-powered platform that identifies exact auto repair parts, has raised $50 million in Series C funding at a $500 million valuation. The company focuses on a niche GPT-5 cannot handle: matching vehicle damage to precise OEM components.
The round was led by DST Global, with participation from existing investors. The funding bring Partly's total raised to approximately $80 million. The new capital will be used to expand its parts catalog and enter new markets.
Auto repair is a fragmented $100 billion parts industry where errors cost shops time and money. Partly's computer vision models analyze photos of damaged vehicles and cross-reference against millions of parts. The startup claims its system reduces misdiagnosis by 60 percent.
This deal signals growing investor interest in vertical AI applications that tackle real-world logistics over broad language models. Partly will need to scale its catalog globally while maintaining high accuracy—a challenge in a market with regional vehicle variants.
Founder and CEO Jonny Stewart previously built a collision repair software firm. DST Global partner Tom Stafford noted that Partly is a rare example of AI solving a concrete industrial problem rather than generating text.