When was PartsSource founded?

PartsSource was founded in 2001 and raised its 1st funding round 7 years after it was founded.

Where is PartsSource located?

PartsSource is headquartered in Cleveland, United States. It is registered at Aurora, Ohio.

How many employees does PartsSource have?

As of Dec 31, 2021, PartsSource has 284 employees, reflecting a 39% year-over-year decline in headcount.

Is PartsSource a funded company?

PartsSource is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Aug 08, 2008.

When was the latest funding round of PartsSource?

PartsSource's latest funding was a $***** PE round on Aug 08, 2008, with participation from 2 investors. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $1.23B in funding in 2026 to date.

Where does PartsSource rank among its competitors?

PartsSource ranks 1st amongst 23 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was System Stone, which secured an undisclosed amount in Jun, 2019.

Who are the top competitors of PartsSource?

PartsSource's top competitors include FSI, Attainia and Dickson. Among them, System Stone secured the most recent funding round in June, 2019.

PartsSource - 2026 Company Profile, Team, Funding & Competitors

PartsSource is an acquired company based in Cleveland (United States), founded in 2001 by Ray Dalton. It operates as a Healthcare equipment parts, repair, and service solutions provider. PartsSource has raised $50M in funding. The company has 23 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like FSI, Attainia and Dickson.

Company Details

Healthcare equipment parts, repair, and service solutions provider. This organization offers a comprehensive suite of solutions for the healthcare technology management sector. They provide on-demand parts, repair services, and service agreements to optimize equipment uptime and reduce risk. Their offerings include a vast network of pre-qualified service technicians for equipment repairs. They facilitate access to a broad range of medical parts across various categories like ultrasound, patient monitoring, and radiographic imaging. The company supports healthcare providers, suppliers, and government partners with resources and solutions designed to improve quality, productivity, and cost-effectiveness. They offer a platform for ordering parts, requesting quotes, managing repairs, and submitting work orders. The business model is B2B, focusing on providing essential services and components to keep healthcare operations running smoothly. They offer a cart, login, and account management features for their customers.

Website: www.partssource.com/
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Registered Address: Aurora, Ohio

Key Metrics

Founded Year

2001

Location

Cleveland, United States

Stage

Acquired

Total Funding

$50M in 1 round

Latest Funding Round

PE, Aug 08, 2008, $*****

Investors

Polaris Partners & 3 more

Ranked

1^st among 23 active competitors

Employee Count

284 as on Dec 31, 2021

Similar Companies

FSI & 28 more

Exit Details

Acquired by Bain Capital Private Equity (Jul 20, 2021)

View PartsSource's full profile

PartsSource is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PARTSSOURCE, INC. CIN: 341945164 , United States, Active	Dec 26, 999	-	521 (As on Dec 31, 2024)	-

PartsSource got acquired by Bain Capital Private Equity on Jul 20, 2021 at an acquisition amount of $516B. It was facilitated by Baird and Triple Tree.

Click here to take a look at PartsSource's acquisition in detail

PartsSource has raised a total funding of $50M over 1 round. Its latest funding round was a PE round on Aug 08, 2008 for $*****. 2 investors participated in its latest round. PartsSource has 4 institutional investors.

Here is the list of recent funding rounds of PartsSource:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 08, 2008	3403827	PE	4521550	9908414	2426594	5129041

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View details of PartsSource's funding rounds and investors

The founders of PartsSource is Ray Dalton.

Here are the details of PartsSource's key team members:

Ray Dalton: Founder of PartsSource.

View details of PartsSource's Founder profiles and Board Members

PartsSource's employee count trend

PartsSource has 284 employees as of Dec 21. The total employee count is 39.0% lower than what it was in Dec 20. Here is PartsSource's employee count trend over the years:

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Top competitors of PartsSource include FSI, Attainia and Dickson. Here is the list of Top 10 competitors of PartsSource, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PartsSource 2001, Cleveland (United States), Acquired	Healthcare equipment parts, repair, and service solutions provider	$50M	Polaris Partners, Primus Capital & 2 others	51/100
2nd	FSI 2002, Cranberry Township (United States), Acquired	Provider of hospital facility management software	-	Trilogy Search Partners, Aspect Investors ... & 1 others	49/100
3rd	Attainia 2001, Redwood City (United States), Acquired	Cloud-based software solutions optimizing manufacturing value chain, medical equipment planning, and capital asset purchasing	$1.88M	Iron Creek Partners, Search Fund Partners ... & 5 others	36/100
4th	Dickson 1923, Addison (United States), Acquired	Provider of environmental monitoring solutions for healthcare providers	-	-	36/100
5th	RELATABLE 2016, Nashville (United States), Seed	Platform for managing health products supply chain	$1.62M	Cedars-Sinai Accelerator, Powered Health & 1 others	34/100
6th	Varo 2020, Bellevue (United States), Unfunded	Mobile-based euipment monitoring solution for healthcare professionals	-	-	33/100
7th	Adusso 2011, Helsinki (Finland), Funding Raised	Provider of usability testing solutions to healthcare medical equipments	-	Frontier Nordic, Karuna Capital	30/100
8th	AIMS 1984, Southfield (United States), Unfunded	Provider of medical equipment management software	-	-	28/100
9th	Medqor 2016, Overland Park (United States), Funding Raised	Provider of data for managing hospital procurement	-	-	28/100
10th	System Stone 2015, Bangkok (Thailand), Seed	Maintenance and quality assurance app for factory and hospital	-	Expara, RISE & 1 others	28/100