PartsTech, the B2B parts marketplace for the auto repair industry, has closed a Series C capital raise of $35 million. The fundraising round was led by OpenView, a renowned venture capital firm known for its deep expertise in scaling high-growth technology companies. PartsTech, founded by Greg Kirber, CEO, provides a comprehensive e-commerce solution that currently connects more than 15,000 repair shops to 30,000 supplier locations, accelerating the parts sourcing process and expediting vehicle repair.

With the investment from OpenView, PartsTech plans to expand its platform to enable repair facilities to source 100% of their aftermarket parts, tires, and original equipment (OE) parts all through its total procurement solution. This investment accelerates PartsTech's ability to attract and hire top talent, develop industry-leading technology solutions, and strengthen its level of commitment to customers and partners.

In addition to OpenView, PartsTech’s existing investors include Insight Partners and BP Ventures.