DOSS, an AI-driven inventory management startup, has raised $55 million in a Series B funding round co-led by Madrona and Premji Invest, with participation from Intuit Ventures, Theory Ventures, General Catalyst, Contrary Capital, and Greyhound Capital.
Founded in 2022, the company is building an AI-native inventory management platform that integrates with existing ERP and accounting systems, aiming to address gaps in supply chain visibility and financial synchronization.
What The Company Does
DOSS provides an inventory management layer designed to integrate directly with accounting and ERP platforms, including both legacy systems and newer AI-native solutions. Its platform focuses on maintaining alignment between physical inventory and financial records, a process that is often fragmented in traditional enterprise systems.
Rather than replacing ERP systems, DOSS positions itself as a complementary solution that enhances their functionality. The platform introduces traceability across supply chains, enabling businesses to track goods and ensure that inventory data remains consistent with accounting workflows.
Initially focused on building a broader AI-native accounting product, the company has shifted its strategy toward partnerships. It now integrates with platforms such as Rillet, Campfire, and Intuit’s QuickBooks, allowing it to specialize in inventory and procurement functions while leveraging existing financial infrastructure.
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Market Context / Industry Background
Enterprise resource planning systems have long served as the backbone of organizational data management, connecting departments such as finance, operations, and human resources into a unified framework. These systems enable companies to centralize information, streamline workflows, and maintain consistency across business functions. However, traditional ERP systems are often criticized for their complexity, high implementation costs, lengthy deployment cycles, and limited flexibility when adapting to rapidly changing business needs.
Recent years have seen the emergence of AI-native ERP startups seeking to modernize these systems by introducing automation, real-time analytics, and more intuitive user interfaces. While these platforms improve financial workflows and reporting capabilities, many still lack robust features for managing inventory and procurement, particularly in industries that depend on physical goods and complex supply chains. This limitation can create inefficiencies in tracking stock levels, supplier coordination, and demand forecasting.
This gap has created an opportunity for specialized platforms like DOSS, which focus on integrating operational data with financial systems to provide a more comprehensive view of business performance. As companies increasingly adopt modular software architectures—combining multiple specialized tools instead of relying on a single monolithic ERP—demand for interoperable, scalable, and API-driven solutions is growing across both mid-sized enterprises and large organizations.
Founder / Investor Commentary
Co-founder and CEO Wiley Jones explained that many AI-native ERP platforms focus primarily on financial processes such as accounts receivable and payable, leaving inventory management underdeveloped. He noted that DOSS is designed to fill this gap by providing supply chain traceability while integrating with existing financial systems.
Jones also acknowledged that adopting multiple systems can present challenges for customers. However, he argued that the complexity of legacy ERP implementations is driving businesses toward more flexible, modular solutions built around AI capabilities.
Growth Plans / Use Of Funds
The new funding will be used to further develop DOSS’s platform, expand partnerships with ERP and accounting providers, and scale its presence in the mid-market segment. The company primarily targets consumer brands with revenues between $20 million and $250 million, where inventory management plays a critical operational role.
DOSS plans to continue strengthening integrations and enhancing its AI capabilities to improve usability and automation within supply chain workflows. As competition intensifies between legacy ERP providers and newer AI-driven platforms, the company aims to position itself as a key infrastructure layer within this evolving ecosystem.
About DOSS
DOSS is an AI-powered inventory management platform designed to integrate with ERP and accounting systems. Founded in 2022. Headquartered in the United States. The company focuses on improving supply chain visibility and financial alignment by providing real-time, AI-driven inventory tracking and management tools for mid-market businesses.
