Doss Raises $55 Million in Series B Funding
Doss, a San Francisco-based company specializing in operational tools that enhance traditional ERP systems with its Operations Cloud and Adaptive Resource Platform, has announced a successful Series B funding round. The company raised $55 million on March 24, 2026, to further develop its AI-driven inventory management solutions.
Investment Details
The Series B round was co-led by Madrona and Premji Invest, with additional participation from notable investors including Intuit, Theory Ventures, General Catalyst, Contrary Capital, and Greyhound Capital. This influx of capital is a significant milestone for Doss as it continues to innovate in the ERP space.
Company Vision and Leadership
Founded in 2022, Doss is led by co-founders Wiley Jones, who serves as CEO, and Arnav Mishra, the CTO. The company has carved out a niche by offering an AI-native inventory management layer that seamlessly integrates with existing ERP systems. "Instead of competing with AI-based ERP startups, we decided to partner with them and play a different game," said Wiley Jones, highlighting Doss's strategic pivot to collaboration with other AI ERP providers.
Addressing ERP Limitations
Traditional ERP systems are often seen as the central hub for company operations, connecting departments like finance, HR, and inventory into a unified database. However, many of these systems lack sophisticated inventory management capabilities. Doss aims to fill this gap by providing robust AI-powered solutions that ensure data on physical goods is accurately reflected in accounting ledgers.
Use of Funds
The newly acquired funds are expected to be utilized to enhance Doss's product offerings, expand its market reach, and possibly increase its workforce to support these initiatives. With the backing of prominent investors, the company is well-positioned to address the growing demand for improved ERP integrations.
Future Outlook
Doss's innovative approach to inventory management within ERP systems positions it as a key player in the evolving landscape of enterprise resource planning. As companies continue to seek more efficient and integrated solutions, Doss's offerings are likely to attract more attention and adoption across various industries.
With this significant funding round, Doss is set to expand its influence and continue its mission to provide advanced tools for real-world operations, making ERP systems more adaptive and efficient.