Partsimony
Partsimony is a technology company.
Financial History
Partsimony has raised $2.2M across 2 funding rounds.
Frequently Asked Questions
How much funding has Partsimony raised?
Partsimony has raised $2.2M in total across 2 funding rounds.
Partsimony is a technology company.
Partsimony has raised $2.2M across 2 funding rounds.
Partsimony has raised $2.2M in total across 2 funding rounds.
Partsimony has raised $2.2M in total across 2 funding rounds.
Partsimony's investors include Blackhorn Ventures, Clocktower Technology Ventures, Closed Loop Partners, Contour Venture Partners, Deciens Capital, Govtech Fund, H/L Ventures, Jetstream, Stellar Capital, Third Sphere, Zero Infinity Partners, Alison Engel.
Partsimony is a Brooklyn-based technology company founded in 2015 that provides an intelligent supply chain platform for hardware companies in the manufacturing sector[1][2][3]. The platform analyzes product designs (e.g., 3D CAD files and bills of materials), matches optimal suppliers across processes like 3D printing, machining, injection molding, and assemblies, and streamlines logistics, pricing, lead times, and risk management to reduce costs by up to 81% and save months in production timelines[1][2][3][4]. It serves hardware design teams and manufacturers worldwide, solving the chaos of distributed supply chains by automating supplier discovery, order batching for volume discounts, real-time tracking, and AI-driven optimizations for goals like cost, speed, or sustainability—enabling faster transitions from prototype to production with full visibility[2][3][4][6].
The company has raised $520K across seed rounds, with the latest $250K about a year ago, and maintains a positive Mosaic Score indicating solid financial health and market potential; it's formerly known as Inventaprint and operates from Brooklyn, New York[1][5].
Partsimony emerged in 2015 from the challenges of inefficient design-to-production workflows in hardware manufacturing, initially as Inventaprint before rebranding to reflect its broader supply chain focus[1]. Co-founder and COO (name not specified in sources) identified key pain points: engineers creating non-manufacturable designs leading to costly revisions, and difficulties managing diverse 3D CAD formats without building expensive in-house processors[2]. The team pivoted to integrate tools like CADEXSOFT's Manufacturing Toolkit for flexible DFM (Design for Manufacturability) checks, enabling data-driven optimizations across formats and client needs[2]. Early traction came from addressing supplier matching and transaction frictions, evolving into a full platform that now handles global networks; CEO Rich Mokuolu emphasizes sustainable, responsible product creation beyond just outputs[1].
Partsimony rides the wave of supply chain digitization and reshoring in hardware manufacturing, accelerated by post-pandemic disruptions, AI advancements in design analysis, and demands for resilient, transparent global networks[1][4]. Timing is ideal amid rising complexity in distributed manufacturing—where hardware firms struggle with siloed data, volatile lead times, and sustainability pressures—allowing Partsimony to cut frictions that stifle innovation[2][3]. Market forces like AI automation, 3D printing proliferation, and OEM needs for cost efficiency (e.g., 81% reductions) favor it, positioning Partsimony to influence the ecosystem by empowering smaller hardware startups to scale prototypes efficiently and fostering manufacturer-OEM synergies[1][4][6]. This democratizes access to optimized supply chains, potentially accelerating hardware innovation in sectors like consumer electronics and industrials.
Partsimony is poised for expansion by leveraging AI for deeper predictive analytics, broader integrations (e.g., more CAD formats, ERP systems), and global supplier growth to handle high-volume production scaling[2][4]. Trends like sustainable manufacturing, nearshoring for resilience, and generative design tools will amplify its value, especially as hardware firms chase faster iteration cycles amid economic volatility. Its influence may evolve from niche optimizer to lifecycle platform leader, potentially attracting larger funding or acquisitions if it sustains momentum from recent seed rounds—ultimately making hardware development as frictionless as software, true to its promise of conquering supply chain chaos with data and expertise[1][3][4].
Partsimony has raised $2.2M across 2 funding rounds. Most recently, it raised $2.0M Seed in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $2.0M Seed | Blackhorn Ventures, Clocktower Technology Ventures, Closed Loop Partners, Contour Venture Partners, Deciens Capital, Govtech Fund, H/L Ventures, Jetstream, Stellar Capital, Third Sphere, Zero Infinity Partners, Alison Engel, Donald Fischer, Michael Stoppelman | |
| Dec 1, 2019 | $200K Seed |