PartsTrader LLC, headquartered in the United States, was founded in 2010 and is the leading cloud-based parts procurement platform in the collision repair industry. With its slogan, "The right part at the right price. Every time.", PartsTrader aims to streamline the parts purchasing process by connecting repair shops, suppliers, and carriers in a single, efficient marketplace. This innovation empowers repair shops with data-driven decisions on part-type, price, and availability, thereby enhancing pricing efficiency, reducing cycle times, and improving customer satisfaction.
For suppliers, the platform facilitates service expansion and market accessibility, while insurance carriers benefit from enhanced visibility and data efficiency in claims management. PartsTrader resides at the intersection of E-Commerce, Insurance, Insurtech, and other key industries, aligning with sustainability standards.
The company last received a $30.00M Private Equity Round investment on 01 March 2014 from investor Movac. Join the transformation of the collision repair sector with a free platform demo today.