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Parter

Category: AI in Supply Chain / Logistics

Parter is an AI-powered platform for hardware teams, designed to manage Bill of Materials (BOM), automate component sourcing, and proactively mitigate supply chain risks. Parter was founded in 2023. The company is led by Asaf Israelit. Based in New York, United States (and Tel Aviv, Israel). Team size: 15. Total funding raised: $5.5 million. Latest round: Seed. Key investors include StageOne Ventures, Zenda Capital, Mercer Ventures.

Founded
2023
Headquarters
New York, United States (and Tel Aviv, Israel)
Team size
15
Total funding
$5.5 million

Value proposition

Automates component sourcing and risk analysis using AI, providing real-time data on pricing, availability, compliance, and alternatives to significantly reduce time-to-market, lower costs, and build more resilient hardware.

Products and solutions

AI-powered Bill of Materials (BOM) analysis and enrichment, Real-time component data aggregation (lifecycle, pricing, availability), Proactive risk and compliance prediction engine, AI Alternative Finder (drop-in replacement recommendations), AI Chat with Datasheets, Compliance Check (RoHS/REACH/tariff verification), Observability & Monitoring (live PCN/availability/pricing updates)

Unique value

Leverages proprietary AI to analyze millions of electronic components and data points in real-time, offering predictive insights on supply chain vulnerabilities (e.g., pricing, lifecycle, compliance) and suggesting optimized alternatives, shifting hardware development from a reactive to a proactive process.

Target customer

Hardware Engineers, Supply Chain Managers, R&D Departments, and procurement specialists in manufacturing companies.

Industries served

Electronics Manufacturing, Automotive, Medical Devices, Industrial IoT, Aerospace & Defense

Technology advantage

AI-first approach applied directly to the hardware design and sourcing process. The platform provides a single source of truth by integrating disparate data sources (supplier data, market trends, compliance databases) into one dynamic interface.

How they differentiate

Unlike traditional EDA tools or static databases, Parter offers a dynamic, AI-driven platform for proactive risk mitigation and optimization throughout the entire product lifecycle, not just at the design stage. It provides real-time, predictive insights.

Main competitors

Arena (a PTC Business), Altium, Z2Data, SiliconExpert

Key partnerships

Palantir Technologies Startup Fellowship (selected as one of 25 startups globally for Foundry-backed Accelerator Programme), Cybord (end-to-end hardware lifecycle intelligence partnership), RH Group (customer and design partner)

Notable customers

RH Group (global electronics manufacturer) — named as customer in official launch PR with quote from VP Supply Chain Hila Arditi.

Major milestones

Founded in 2023. Emerged from stealth and announced $5.5M seed funding in 2024.

Growth metrics

Launched from stealth in 2024 with 15 employees, serving leading hardware companies as initial customers.

Market positioning

A next-generation, AI-powered platform disrupting the traditional hardware development and supply chain management market.

Geographic focus

Primarily Israel and North America, with plans for global expansion.

Patents and IP

No publicly listed patents; proprietary algorithms and aggregated data models are the core IP asset.

About Asaf Israelit

Asaf Israelit is the Co-Founder and CEO of Parter. He has a background in product management and previously worked at UVeye for 6.5 years. He also has education from SCOLA - Startup Comprehensive Learning.

Official website: