Founded with the mission to streamline the auto parts procurement process, PartsTrader operates an online marketplace that connects collision repairers with a wide range of suppliers, including OEM dealers, parts recyclers, and alternative parts providers. The platform is designed to be user-friendly and efficient, serving over 9,500 collision repairers and 9,000 suppliers in the US and New Zealand. By offering a centralized source for parts procurement, PartsTrader aims to enhance the efficiency and cost-effectiveness of the collision repair industry.
PartsTrader has garnered significant traction in the market, with US collision repairers spending over $12 billion annually on parts, 13% of which is ordered electronically through their platform. The company has attracted notable investors and industry experts who support its growth and innovation. PartsTrader's impact is evident in its widespread adoption and the value it brings to both repairers and suppliers, making it a pivotal player in the auto parts marketplace.