The future of AI-built enterprise software: Our Series B investment in Doss
We led Doss’ Series A one year ago because we shared Wiley Jones and Arnav Mishra’s vision of a new way to build enterprise software. Today, we’re thrilled to join their $55 million Series B financing led by Madrona and Premji Invest, along with participation from Intuit Ventures.
For decades, enterprises have been stuck with core systems of record that can’t evolve with the business. They’re forced into expensive custom development projects, manual process workarounds, and paralysis whenever considering a migration/upgrade.
Doss envisioned something entirely different: powerful, flexible, composable infrastructure & application primitives that can be assembled (by humans or AI) to fit the complexities of dynamic real-world businesses.
Over the past year, the business has accelerated even faster than we anticipated. In 2025, Doss >10x'd revenue and grew from 10 to over 70 customers, including brands like Eight Sleep and Verve Coffee. The platform now processes 8.6 billion workflow events per day, up from 30,000 just a year prior. And the team has scaled from 16 to over 50, adding veterans who built data platforms at Google, Meta, Scale AI, and Uber, and who scaled ERP businesses at NetSuite, Odoo, and Coupa.
The vision for the company hasn’t changed since our first meeting, but its realization has accelerated dramatically. Here are 3 reasons we’re excited to double down on Doss, from Partner Andy Triedman’s recent interview with Doss CEO Wiley Jones.
1. GTM & upmarket acceleration
Buying an ERP is a risky investment: about 50% of implementations fail entirely, and that can cost an exec their job. Historically, that’s made it hard for startups to enter the market. But Doss has inverted the risk calculus: its customers see that the “safe” choice of a legacy provider is likely to break under operational strain, while Doss is a more certain path to reaching an operating system that can support their business. They’ve moved upmarket more quickly than expected, helping complex customers like Verve Coffee and Eight Sleep rearchitect their entire stack onto Doss’ modern, flexible operations cloud.
2. Partnerships with leading finance & accounting platforms
Today’s legacy ERP platforms force buyers into a consolidated, monolithic stack combining finance and operations. But these two functions have very different needs. Finance is all about conformity: every transaction needs to be processed according to consistent accounting standards. Operations, on the other hand, is all about configurability: every business operates entirely differently, and needs a platform that can be flexible to their workflows. To give its customers the best of both worlds, Doss has partnered with the leading finance & accounting products – both incumbent (Intuit) and startups (Rillet & Campfire) which will accelerate the next phase of growth.
3. The missing infrastructure layer for AI-built enterprise software
AI coding agents have made it clear that every business should expect custom-made, self-updating software. But no enterprise will want to vibe-code their core systems of record. Nor will they be able to achieve their goal if they limit their AI agents to legacy platforms’ decades-old developer tooling. Doss is building the substrate needed for AI-generated enterprise apps: its composable data model and workflow engine give AI agents well-defined building blocks to construct and modify system-critical workflows, rather than generating fragile application code from scratch.
