Complex inventory-centric businesses are often encumbered by a multitude of systems to handle their manufacturing, wholesale, eCommerce and other markets.
Many become stymied by one system for inventory, one for manufacturing, still another for finance, and spreadsheets to keep track of all of those. But, DOSS is working to build an adaptive, AI-powered platform that unifies those operating systems and the financial data.
Intuit Ventures has announced they are investing in DOSS and their 'Operations Cloud' by participating in their Series B financing along with Madrona, Premji Invest, Theory Ventures, General Catalyst, Commerce Ventures and other venture capital investors. Intuit Ventures invests in world-class startups that are powering prosperity for consumers and businesses.
In their press announcement regarding the investment, Intuit said, "DOSS's approach underscores our (Intuit's) 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 Intuit announcement went on to say, "We're excited to continue exploring how DOSS and Intuit Enterprise Suite can support our joint customers."
Insightful Accountant will strive to bring you updates on exactly how Intuit is accomplishing that task of exploring ways they can support Intuit Enterprise Suite customers through DOSS, as that news becomes available.
Disclosures:
Feature content (including feature headline graphic) adapted from Intuit media source content including an official press announcement available from Intuit Ventures. Insightful Accountant is not responsible for any original Intuit content.
Intuit® Inc., is a publicly traded corporation headquartered in Mountain View, California. Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.
Intuit Ventures is the capital arm of Intuit, Inc. and is also based in Mountain View, CA. It focuses on investing in Series A-C startups in FinTech, Intelligent Apps, Commerce, and Enabling Technologies. Intuit Ventures aims to support small businesses and enhance their financial capabilities through innovative solutions.
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