APFusion

APFusion is a B2B marketplace and SaaS platform digitizing the $350 billion US automotive parts industry, with a focus on auto salvage yards. Founded in 2019 in Champaign, Illinois by CEO Alex Smith — whose family has nearly 100 years of salvage yard experience — APFusion addresses a core inefficiency: over 60% of the time a salvage yard receives an order request, it lacks the part in stock, forcing staff to make time-consuming phone calls to locate inventory. APFusion solves this by loading tens of millions of dollars of vendor inventory (250,000+ CAPA-certified and aftermarket parts across 80+ part types) directly into salvage yards' existing yard management systems in real time, enabling one-click sourcing and automated purchase orders that reduce ordering time by over 90%. Yards using APFusion report average fill rate improvements of over 30%. The company's hyper-growth has attracted backing from top marketplace and technology VCs including Left Lane Capital, Bedrock Capital, M25, and I2BF Global Ventures, who collectively supported companies like OpenAI, Rippling, Lyft, and Plaid. APFusion raised a $6M Series A in July 2025.