Partpic
Partpic is a visual recognition technology company that allows users to save time and money searching for replacement maintenance, repair and operations (MRO) parts. By allowing users to snap a picture of a part with a smart device, Partpic matches the user generated image with a part and associated specifications.
Partpic
Partpic is a visual recognition technology company that allows users to save time and money searching for replacement maintenance, repair and operations (MRO) parts. By allowing users to snap a picture of a part with a smart device, Partpic matches the user generated image with a part and associated specifications.
TL;DR
What they do: Computer-vision/visual-recognition to identify replacement/MRO parts from photos
Founded: 2013, Atlanta
Exit: Acquired by Amazon (2016)
Reported funding: $1.5M seed (announced June 2015)
Company Overview
Problem Domain
Maintenance, repair and operations (MRO) parts identification and procurement
Founded
2013
Industry
Industrial parts / computer vision
Funding Track Record
$1.5M
Announced seed round from a syndicate of angels, VCs and strategic investors; included a $100,000 Rise of the Rest investment prize
Investor Signal
“Included angel and early-stage VC participation (named investors reported: Robert Saunders, Joanne Wilson, ARC Angel Fund, JumpFund)”