Partly Secures $50M in Series B Funding and Expands to the US Market

Partly Acquires $50M for US Market Expansion

Austin, Texas — On June 23, 2026, Partly announced a significant milestone in its journey by successfully completing a $50 million Series B funding round led by DST Global Partners. This funding is earmarked for the company's immediate launch into the U.S. automotive repair market, a sector that has, to date, largely operated without the sophisticated AI infrastructure that Partly offers.

Partly is the creator of the Interpreter AI model, an advanced tool tailored specifically for the automotive repair supply chain. This model has taken five years to develop, constructed through rigorous testing, human feedback, and synthetic data, along with more than fifty agreements with parts manufacturers. The company aims to fill a critical void in the auto repair industry, which is often hindered by outdated analog methods that contribute to excessive waste in time and revenue, estimated to be billions of dollars annually.

Transformative Potential in the Auto Repair Industry

According to Levi Fawcett, CEO and Co-founder of Partly, the automotive industry hasn't witnessed an innovation of this magnitude since the introduction of assembly lines and electric vehicles. "We have spent five years building the AI infrastructure layer that the industry has been missing. Our model architecture is highly nuanced, and that's why general models haven't solved it. We've carved out our niche in frontier AI solutions," he states emphatically.

The U.S. collision repair market, valued at over $100 billion, presents a fertile ground for Partly's offerings. This substantial capital raise is expected to rapidly amplify Partly's growth trajectory as they tap into this market for the very first time.

Strategic Operations in Austin

In direct response to this expansion, Partly has established its U.S. operations in Austin, Texas. The city will serve as a hub for the company as it scales its presence to meet the demands of approximately 250,000 automotive repair facilities scattered throughout the country. This involves not just increasing operational capacity but also a strategic recruitment drive to onboard experts in engineering, business development, and product management—key roles needed to sustain rapid growth.

Levi Fawcett has also taken his executive leadership team to Texas. Interested candidates looking to join this groundbreaking team can explore opportunities via the careers section on Partly's website. This move underscores Partly's commitment to establishing itself as the leading AI infrastructure provider for the automotive sector in the U.S., focused on revolutionizing how parts are understood and utilized.

Visionary Leadership and Future Goals

Since its inception in 2020, Partly has aimed to revolutionize the automotive industry with groundbreaking AI solutions designed specifically for complex parts systems, logistics, and workflows. The blend of deep automotive industry insights with advanced AI expertise derived from tech giants such as Rocket Lab, Google, and Apple has driven Partly’s ambitious vision. The company is making significant investments to further develop its technology and enhance the automotive industry’s efficiency and profitability.

For those interested in learning more about Partly's innovative approach or its products, further information is available at Partly’s official website. This strategic expansion not only marks a new chapter for the company but could potentially redefine the future of the automotive repair industry as we know it today.