Octopart
Octopart is a search engine for electronic and industrial parts. We open up access to part data in design, sourcing, and manufacturing!.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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Octopart operates as a specialized search engine for electronic components, catering to engineers, procurement professionals, and hobbyists in the electronics industry. The platform allows users to search across hundreds of distributors and thousands of manufacturers to find and compare electronic parts. Octopart's core services include a comprehensive product part search, a Bill of Materials (BOM) tool, and an API for seamless integration into other systems. The company also offers an inventory history feature to track part trends over time. Octopart generates revenue through partnerships with electronic component distributors and manufacturers, who pay for enhanced visibility and advertising on the platform. The business model is primarily B2B, focusing on providing value to both suppliers and end-users by streamlining the component sourcing process.
Keywords: electronic parts, search engine, BOM tool, API, distributors, manufacturers, procurement, inventory history, B2B, electronics industry.