WHI Solutions, Inc.

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WHI Solutions, Inc. - overview

Established

1999

Location

-, NY, US

Primary Industry

Software

About

WHI Solutions, Inc. provides specialized e-commerce solutions for the automotive industry, focusing on manufacturers, wholesalers, and retailers. Their innovative platform enhances online parts ordering and operational efficiency for a diverse client base. Founded in 1999 and headquartered in Rye Brook, US, WHI Solutions, Inc.


specializes in automotive e-commerce solutions. The company has undergone significant growth and was the target of an acquisition by eBay Inc. in February 2012, with the transaction size undisclosed. The current CEO is Stephen Rosen.


WHI Solutions specializes in providing advanced e-commerce solutions tailored for manufacturers, wholesalers, retailers, and service providers within the automotive sector. Their flagship product, Nexpart, is recognized as the leading automotive e-commerce solution in North America, facilitating real-time self-service ordering for parts. The Nexpart platform features a comprehensive, feature-rich catalog that offers extensive customization, enabling clients to leverage their data effectively. This solution is utilized by a diverse client base, including aftermarket retailers and original equipment manufacturers, to enhance parts sales and reduce operational costs.


The company's products are primarily marketed within the United States, Canada, and Mexico, offering robust support for various automotive sectors, including heavy-duty vehicles. WHI Solutions generates revenue through a combination of subscription-based services, partnerships, and direct business transactions with clients. The Nexpart platform operates on a transactional model where clients, including retailers and wholesalers, subscribe to access premium features, which may involve tiered pricing structures based on the level of service required. Clients leverage this e-commerce platform to streamline their parts ordering processes, thus driving increased sales and efficiency.


The company’s offerings include additional services such as business intelligence tools and integration options, which provide clients with valuable insights into their operations. WHI Solutions positions itself to capture a significant share of the retail and wholesale automotive market through its innovative products and strategic partnerships. WHI Solutions plans to utilize the USD 17. 90 mn raised in the latest funding round to enhance its product offerings and expand into new markets.


The company is designing new features for the Nexpart platform, which are expected to launch in the upcoming quarters. Additionally, WHI Solutions aims to penetrate further into the Canadian and Mexican markets by 2023, increasing its presence and supporting clients in those regions. The acquisition by eBay Inc. is also anticipated to facilitate greater integration of services and a broader customer reach.


Current Investors

Polaris Partners, Goldman Sachs Asset Management, PaineWebber Group, Inc.

Primary Industry

Software

Sub Industries

Systems Management Software, Sales & Marketing Software, Content Management Software, Analytics & Performance Software

Website

www.whisolutions.com

Verticals

E-commerce

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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