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Ply secures $8.5M to automate inventory for the trades, partners with Ferguson Ventures

December 4, 2025 By admin Leave a Comment

What stands out in this raise isn’t the number itself—$8.5 million is tidy but not flashy—it’s the signal. When Ferguson Ventures leads a round, it’s basically the industry’s quiet way of saying: enough with clipboards, text-message purchase orders, and the “did anyone reorder that?” chaos that still defines too many job sites. Ply slots right into that tension. The trades live or die on materials flow, and with 20–35% of revenue tied up in parts and supplies, even small delays or miscounts bleed margin. You can feel how overdue this shift is.

The collaboration aspect matters more than the funding headline. Ferguson brings distribution muscle, supplier relationships, and a granular understanding of how contractors actually operate, right down to the dusty metal shelves where inventory misinformation begins. Ply brings the clean, engineered layer—real-time inventory visibility, automated replenishment, integrations that don’t make ops teams groan. It’s an interesting pairing: legacy depth meets software-native precision.

Ply’s early traction helps explain why this got done quickly. Seeing hundreds of teams reporting dead stock dropping below 15%, billable work rising by 20%, and ops teams gaining back 10–15 hours per week… those are not vanity metrics. That’s the kind of quiet operational ROI that contractors will actually pay for, because time is literally cash in the trades. Their founders’ backgrounds—Amazon, Vendr, PathAI—show up in the product ethos too; it’s structured, predictable, and built around eliminating friction rather than forcing teams into awkward workflow changes.

The forward plan seems pretty aggressive but realistic: deeper integrations, more automation, and tighter supplier partnerships. If they pull it off, Ply becomes the universal operating layer for materials management—not just another tool but the thing contractors lean on to keep jobs running on time and on budget. Partnerships like this nudge the industry toward something like a just-in-time future, only adapted to the messy reality of field work.

Feels like a small story now, but it could end up being one of those inflection points for trades tech—the moment when automated replenishment stops being a nice-to-have and becomes the baseline expectation.

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