Doss Bags $55M to Fix AI ERP Inventory Blindspots

On Tuesday, AI startup Doss secured a $55 million Series B funding round to scale its inventory management platform, solving a critical data-syncing gap between physical goods and modern ERP accounting systems for mid-market brands.

The Critical Gap in Modern ERP Systems

Enterprise resource planning (ERP) systems traditionally serve as an organization’s “central brain,” linking finance, HR, and inventory into a single shared database. While legacy giants like NetSuite have dominated this space, a new wave of AI-driven ERP startups, including Rillet and Campfire, has emerged to challenge them by offering faster, cheaper, and less clunky alternatives.

However, according to Doss co-founder and CEO Wiley Jones, many of these new AI-native platforms suffer from a major limitation: they lack robust inventory management. Without this capability, businesses struggle to keep physical inventory data accurately synced with their financial ledgers. Doss addresses this exact friction point by offering an AI-native inventory management layer designed to plug directly into existing accounting architectures, whether legacy or modern.

Securing $55 Million to Scale Operations

The startup’s latest $55 million Series B round was co-led by Madrona and Premji Invest, with participation from Intuit Ventures. Additional backing came from a strong lineup of new and existing investors, including Theory Ventures, General Catalyst, Contrary Capital, and Greyhound Capital.

Founded in 2022, Doss initially developed a core accounting product to compete directly with AI-native ERPs. However, Jones shifted the strategy last year, opting to collaborate with these emerging players rather than compete against them.

Bridging the Gap Between Finance and Supply Chains

While AI-native ERPs excel at managing accounts payable and accounts receivable, they rarely feature native procurement and inventory tools that connect seamlessly with financial workflows. Doss fills this void by building supply chain traceability tailored specifically for finance and accounting integrations.

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Targeting Mid-Market Brands

Doss primarily targets mid-market consumer brands generating between $20 million and $250 million in annual revenue, such as specialty coffee brand Verve Coffee Roasters. Its platform currently integrates with key partners like Rillet and Campfire, while also supporting businesses using Intuit’s QuickBooks.

According to Jones, these platforms partner with Doss because building high-level physical goods management from scratch requires an immense allocation of engineering resources and energy.

The Competitive Landscape of AI ERPs

Doss faces competition from both legacy players and specialized startups. NetSuite has recently updated its own platform with AI capabilities, and agentic procurement startups like Didero are also entering the fray.

Selling two distinct systems—one for accounting and another for inventory—presents a sales challenge. Yet, Jones notes that legacy ERP implementations are so notoriously difficult that many mid-market clients prefer integrating two modern, AI-powered systems over deploying a single legacy option.

The battle for dominance in the mid-market will ultimately favor the platforms that build architectures optimized for AI agent readability and usability.

Editor’s Note: This article has been updated to correct the list of Doss’ integration partners.