Partly raises $50M at a $500M valuation to crack the US auto parts market

Partly Group Ltd., a New Zealand startup using artificial intelligence to change up the automotive parts business, announced today that it has raised $50 million new funding at a $500 million valuation.

It’s also opening its first U.S. operation, betting that the country’s collision repair sector is ready to buy software it has so far […]

The post https://siliconangle.com/2026/06/23/partly-raises-50m-500m-valuation-crack-us-auto-parts-market/" rel="nofollow">Partly raises $50M at a $500M valuation to crack the US auto parts market appeared first on https://siliconangle.com" rel="nofollow">SiliconANGLE.