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AI Parts logo — Smarter automotive maintenance with powerful AI.

AI Parts

Smarter automotive maintenance with powerful AI.

Founded 2018 Italy Italy 2-10 employees Debt Financing Total: $1.33M AI, Automotive +1

General Information

Company Name AI Parts
Founded Year 2018
Location Italy Italy
Employees 2-10
Industries AI, Automotive, Machine Learning
Funding Stage Debt Financing
Social

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About AI Parts

AI Parts is a startup dedicated to revolutionizing the aftermarket automobile maintenance industry. Established in 2018 and based in Italy, the company's slogan, "Smarter automotive maintenance with powerful AI," encapsulates its mission. AI Parts aims to predict breakdowns before they occur, thereby improving global auto parts distribution systems and enhancing the overall customer experience. The company's proprietary software, consisting of products like Techpro, Saidtext, and a dedicated predictive maintenance dashboard, is currently in the testing stage. By recording, tracking, and predicting car maintenance needs, this technology utilizes research data, local conditions, and other factors to formulate optimal solutions, continually improving through each interaction. In January 2020, AI Parts secured a €600.00K debt financing investment. This funding will potentially accelerate the development and deployment of their innovative automotive predictive maintenance solutions. With more than a billion cars on the road daily and the automotive maintenance industry projected to reach US$810 billion by 2026, AI Parts' advanced software will play a pivotal role in shaping the future of automotive predictive maintenance through artificial intelligence.

Business keywords: AI-based prediction, automotive maintenance, digitalization, aftermarket automobile maintenance, breakdown prevention, cost minimization, Italy, automobile technology, productivity enhancement

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €600.00K -
02 Jan 2020
Debt Financing €700.00K -
01 Jun 2018
Seed Round €30.00K -
01 May 2018

AI Parts Alternatives & Competitors

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AI Parts vs
HEXASTATE
HEXASTATE Denmark

Changing the way of performing maintenance with a fully automated predictive maintenance solution us...

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AI Parts vs
Qsee
Qsee Israel

WE EMPOWER PROCESS MANUFACTURERS TO SAVE $ MILLIONS ON ANNUAL OPERATING COSTS

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AI Parts vs

Car Studio AI transforms automotive visuals by removing backgrounds, creating studio-quality images...

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FAQ About AI Parts

Smarter automotive maintenance with powerful AI.
AI Parts was founded in 2018.
AI Parts is headquartered in Italy.
AI Parts operates in AI, Automotive and Machine Learning. Its work centres on AI-based prediction, automotive maintenance, digitalization and aftermarket automobile maintenance.
AI Parts has approximately 2-10 employees.
AI Parts has completed 3 funding rounds, raising a total of $1.33M. The latest funding stage is Debt Financing.
Top alternatives and competitors to AI Parts include HEXASTATE, Qsee, Car Studio AI, DC Connected Car GmbH, KOGENA - Robots Diagnostics Platform. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AI Parts and HEXASTATE are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for AI Parts, https://bouncewatch.com/company/ai-parts, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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