Northern Gritstone invests into aftersales technology platform Partful
Northern Gritstone leads £5 million Series A investment into the Manchester technology company
Partful the Manchester-based manufacturing aftersales technology solution provider has raised funding to develop its 3D SaaS platform and accelerate the company’s growth within the $640bn aftermarket sector.
Northern Gritstone’s Series A consortium includes existing co-investor Par Equity and new co-investor the US investor Blumberg Capital.
Partful’s platform gives users access to interactive 3D models that explode to reveal each product’s individual components – making it easier for the customers and dealers of original equipment manufacturers (OEMs) to identify and order the components they need and access the work instructions needed to fit them.
The ability to self-serve means that users can upload their data – CAD files, Bill of Materials as well as their own tribal knowledge – to create a parts catalog for aftersales purposes. As well as making it even easier for OEMs to create interactive documents, automation also saves significant amounts of time. The enhanced platform makes it possible to create a 3D parts catalog in hours, rather than weeks.
Since its initial seed funding investment round in January 2022, Partful has secured a total investment of £11.2M. The business already counts Maeving, Lear, Kolpak, Triangle Tube & Ideal Heating and Allett Mowers among its customer base.
Duncan Johnson, CEO of Northern Gritstone, said: “Northern Gritstone is delighted to support Partful. This growing Manchester-based tech company has already won large OEM customers thanks to its technology and is set to create more jobs in its North of England team”
Sam Burgess, CEO and co-founder of Partful said: ‘‘Developing the next iteration of our platform is an important step in helping OEMs to overcome these challenges. Having the backing of Northern Gritstone, Par Equity and Blumberg Capital is vital in developing the next iteration of our platform and we are thrilled to have their backing as we help OEMs support customers, eradicate costly order errors and maximise revenues.’’