Doss, a pioneering AI inventory management platform, has raised $55 million in a Series B funding round.
The round was co-led by Madrona and Premji Invest, with participation from Intuit and other investors including Theory Ventures, General Catalyst, Contrary Capital, and Greyhound Capital.
Doss Series B Funding Accelerates ERP Integration Innovation
Founded in 2023, Doss initially explored core accounting solutions before pivoting to specialize in inventory management that seamlessly plugs into existing ERP systems.
The platform addresses critical gaps in both traditional ERPs like NetSuite and emerging AI-native ones like Rillet and Campfire by syncing physical goods data with accounting ledgers.
Key features include enhanced supply chain traceability viewed through a finance lens, enabling mid-market consumer brands to manage inventory without overhauling their core systems.
Customers such as Verve Coffee Roasters, generating between $20 million and $250 million in revenue, benefit from streamlined procurement and inventory workflows.
In a competitive landscape, Doss positions itself as a partner to AI ERPs rather than a direct rival, highlighting the challenges of legacy systems' lengthy implementations.
CEO Wiley Jones emphasized the company's strategy: "We would rather partner with them, and play a different game," focusing on complementary strengths.
This funding underscores the growing demand for specialized AI layers in enterprise software, potentially reshaping mid-market operations amid intense ERP competition.
Looking ahead, Doss aims to deepen integrations and expand traceability capabilities as AI agents demand more legible architectures.
The investment not only validates Doss's approach but signals a shift toward modular, AI-enhanced solutions over monolithic ERPs.
With partners like Intuit, Rillet, and Campfire, Doss is poised to impact supply chain efficiency for thousands of brands in the coming years.
Andrew Lee
