Intuit Ventures is excited to share our investment in DOSS, the Operations Cloud for real-world enterprises. We’re participating in their Series B financing alongside Madrona, Premji Invest, Theory Ventures, General Catalyst, Commerce Ventures, and others.
Complex businesses within manufacturing, consumer goods, wholesale, retail, and other inventory-based markets manage their operations across multiple disconnected systems and spreadsheets. This leads to poor data visibility, operational inefficiencies, and delayed financial insights. For a growing company that needs these insights to scale, this fragmented tech stack can limit their growth. Intuit knows this first-hand through our years serving SMBs in these categories and especially as we focus on expanding upmarket to serve mid-market businesses with Intuit Enterprise Suite and QuickBooks Online Advanced.
These businesses need visibility into their operations with a tool that can adapt alongside changing business processes. DOSS provides this visibility – their product consolidates, structures, and organizes inventory data across disparate systems into a unified data platform. As business processes change, DOSS’s flexible application layer can be updated through a no-code workflow modifier. Their AI agents allow the business to interact with and edit their data real-time through a conversational interface rather than relying on technical code queries. Implementation and onboarding is quick and seamless through their use of AI to map data and manage implementation workflows.
DOSS’s approach underscores our fundamental belief that companies must have well-structured data to get the most out of AI. This is true at the SMB level but particularly at the mid-market level where scaling companies experience increasing complexity. The benefits of this well-structured data are multifold – not just across operations but across financial reporting, analysis, and reasoning. DOSS’s clean operational data flows seamlessly through to ERPs like Intuit Enterprise Suite to both reduce time to close books and create personalized and strategic business financial advice. We’re excited to continue exploring how DOSS and Intuit Enterprise Suite can support our joint customers.
Congratulations to Wiley Jones, Arnav Mishra, and the entire DOSS team on this milestone!
Read more about DOSS and their Series B raise here.
Intuit Ventures invests in world-class startups that are powering prosperity for consumers and businesses. To learn more about us, visit our site and follow us on LinkedIn.