PartsSource - About the company
PartsSource is an acquired company based in Cleveland (United States), founded in 2001. It operates as a Healthcare equipment parts, repair, and service solutions provider. PartsSource has raised $50M in funding. The company has 34 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like Dickson, Attainia and FSI.
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/
- Registered Address
- Aurora, Ohio
Key Metrics
Founded Year
2001
Location
Cleveland, United States
Stage
Acquired
Total Funding
$50M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 34 active competitors
Employee Count
587 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Bain Capital Private Equity (Jul 20, 2021)
Legal entities associated with PartsSource
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's acquisition details
PartsSource got acquired by Bain Capital Private Equity on Jul 20, 2021.
Click here to take a look at PartsSource's acquisition in detail
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PartsSource's funding and investors
PartsSource has raised a total funding of $50M over 2 rounds. Its first funding round was on Aug 08, 2008. Its latest funding round was a Unattributed round on Aug 25, 2026 for $*****. 1 investor participated in its latest round. PartsSource has 5 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 25, 2026 | 3525380 | Unattributed | 8666711 | 4555851 | 4961362 | 1683747 |
Aug 08, 2008 | 5027303 | PE | 1845093 | 7370768 | 8107648 |
View details of PartsSource's funding rounds and investors
PartsSource's founders and board of directors
Founder? Claim ProfilePartsSource's employee count trend
PartsSource has 587 employees as of May 26. Here is PartsSource's employee count trend over the years:
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PartsSource's Competitors and alternates
Top competitors of PartsSource include Dickson, Attainia and FSI. Here is the list of Top 10 competitors of PartsSource, ranked by Tracxn score:
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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 | 59/100 | |
2nd | Dickson 1923, Addison (United States), Acquired | Provider of environmental monitoring solutions for healthcare providers | - | - | 42/100 |
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 | 39/100 | |
4th | FSI 2002, Cranberry Township (United States), Acquired | Provider of hospital facility management software | - | 38/100 | |
5th | Varo 2020, Bellevue (United States), Unfunded | Mobile-based euipment monitoring solution for healthcare professionals | - | - | 33/100 |
6th | RELATABLE 2016, Nashville (United States), Seed | Platform for managing health products supply chain | $1.62M | 33/100 | |
7th | AIMS 1984, Southfield (United States), Unfunded | Provider of medical equipment management software | - | - | 29/100 |
8th | System Stone 2015, Bangkok (Thailand), Seed | Maintenance and quality assurance app for factory and hospital | - | 28/100 | |
9th | Medqor 2016, Overland Park (United States), Funding Raised | Provider of data for managing hospital procurement | - | - | 28/100 |
10th | Developer of software for tracking medical device service history records | - | - | 28/100 |
Looking for more details on PartsSource's competitors? Click here to see the top ones
PartsSource's Investments and acquisitions
PartsSource has acquired SkillNet. PartsSource has not made any investments as of now.Reports related to PartsSource
Here is the latest report on PartsSource's sector:
News related to PartsSource
Media has covered PartsSource for a total of 5 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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PartsSource Names Nick Marzotto to Lead Artificial Intelligence StrategyPR Newswire•Sep 01, 2026•PartsSource
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PartsSource Releases HTM Insights Report for Improving Clinical Asset AvailabilityPR Newswire•Oct 28, 2025•PartsSource
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PartsSource Unveils Asset Health Record for Healthcare Equipment ManagementPR Newswire•Jun 19, 2025•PartsSource
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PartsSource Launches Healthcare Equipment Management Hub in OhioHospital Management•May 29, 2025•PartsSource
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PartsSource boosts healthcare equipment uptime with new customer center.
PR Newswire•May 28, 2025•PartsSource
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PartsSource Recruits Top Executives to Support Growth StrategyBusiness Wire•Jul 26, 2022•PartsSource, Level Ex, Contact Philips, Doma
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