Artificial intelligence-powered enterprise resource planning and data platform startup Doss announced today that it has raised $55 million in new funding to develop its operations platform further.

Founded in 2022, Doss offers platform designed to manage inventory and operational workflows that are not fully handled by traditional ERP systems. The company’s approach centers on an AI-driven operations layer that connects inventory, procurement and related processes with financial data stored in existing ERP and accounting platforms.

The company’s platform integrates with third-party systems such as accounting software and ERP tools through data connectors and application programming interfaces. It maintains a unified data model that synchronizes inventory levels, purchase orders, supplier data and financial records in near-real time. It also uses machine learning models and agent-based automation to interpret incoming data, update system configurations and generate structured outputs such as forecasts and reports.

Key features of Doss’s platform include inventory tracking, demand planning, procurement management and workflow automation across supply chain operations.

The platform can automatically generate purchase orders, reconcile inventory movements with financial entries and update system rules based on observed activity. It also supports reporting and analytics by aggregating operational and financial data into a consistent format that can be queried or visualized.

“We think of Doss as the ERP evolved,” said co-founder and Chief Executive Wiley Jones. “As an operations cloud, Doss sits around your existing general ledger and systems to connect the flow of goods, dollars and data across your value chain without ripping anything out. And unlike legacy ERPs that assume your business will mold itself to fit the software, Doss does exactly the opposite: the system adapts to you.”

Doss’ offering is designed for environments where companies rely on existing ERP or accounting platforms but require additional operational control over inventory and supply chain processes.

The platform works alongside systems such as QuickBooks and other enterprise tools rather than replacing them to allow organizations to extend functionality without migrating core financial infrastructure. Typical use cases include inventory-heavy businesses managing procurement cycles, supplier relationships and stock reconciliation.

The Series B funding round was led by Madrona Venture Group and Premji Invest Ltd., with Greyhound Capital, Commerce Ventures, Intuit Ventures, Theory Ventures, General Catalyst Group Management, Contrary Capital, Mintaka, Pathlight VC and 47th Street Partners also participating. Karan Mehandru, the managing director of Madrona, is joining Doss’ board.

The new funding takes the total raised by Doss to at least $73 million, as the company had raised a Series A round of $18 million in April 2025.

Image: Doss