# Partly Closes Historic Series B Raise at $500M Valuation and Announces Immediate US Market Expansion

- Link: https://www.thailand-business-news.com/pr-news/partly-closes-historic-series-b-raise-at-500m-valuation-and-announces-immediate-us-market-expansion
- Published: 2026-06-23T20:00:00+07:00
- Author: PR Newswire

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_World’s only AI foundation model – purpose-built for the automotive repair supply
chain – redefines industry’s repair future with backing of DST Global Partners_

AUSTIN, Texas, June 23, 2026 /PRNewswire/ — Partly, creators of the Interpreter 
AI model for the automotive repair supply chain, today announced its DST Global 
Partners-led $50M Series B raise, as well as the brand’s US market launch – positioning
Partly as the leading AI infrastructure company for the automotive repair sector.

Partly’s Interpreter model is the world’s only foundation model purpose-built for
automotive parts. Interpreter is the result of five years of training on human feedback
and synthetic data, more than fifty manufacturer agreements, and continuous training
on live data.

With confident backing from DST Global Partners – the investor behind industry-defining
brands like Anthropic, Meta, Alibaba, Airbnb, and Spotify – Partly now enters the
world’s largest auto repair market in the world, the US. The $100 billion+ US collision
repair market has, to date, operated without AI-native infrastructure and has for
too long relied on analog solutions, which contribute to billions of dollars in 
lost time and revenue each year.

"Not since the creation of the assembly line or EVs has the auto industry experienced
significant innovation that simultaneously improves operational efficiency, industry
profitability, and consumer value," said Levi Fawcett, CEO and Co-founder of Partly."
We have spent five years building the AI infrastructure layer that the industry 
has been missing. The model architecture is extremely nuanced, there’s a reason 
general models don’t solve it, and why we’ve been able to own the frontier AI here."

Partly has anchored its US operations in Austin, Texas. To expedite brand growth
and meet the needs of the approximately 250,000 US repairers, Partly will be actively
recruiting and growing its footprint in the region. Partly have also relocated the
core executive team, including CEO and Co-founder Levi Fawcett, and are hiring staff
for engineering, business development, and product management roles. Those interested
in joining may search roles on Partly’s career page: [partly.com/careers](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4716634-1&h=2682482837&u=http%3A%2F%2Fpartly.com%2Fcareers%2Fcareers-at-partly&a=partly.com%2Fcareers).

**About Partly Since 2020, Partly has been building frontier AI, purpose-built for
parts as core infrastructure of the automotive industry. The company combines deep
automotive expertise with world-class AI engineers from organizations such as Rocket
Lab, Google, and Apple, and has invested millions to develop AI designed specifically
for complex parts systems, logistics and workflows. To learn more, visit: [https://www.partly.com/](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4716634-1&h=4210818361&u=https%3A%2F%2Fwww.partly.com%2F&a=https%3A%2F%2Fwww.partly.com%2F)

 

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**Read the original article :** [Partly Closes Historic Series B Raise at $500M Valuation and Announces Immediate US Market Expansion ](http://www.prnasia.com/story/archive/4989021_AE89021_0?rand=184833)