Ply Raises $8.5M in Strategic Funding Led by Ferguson to Advance Automated Inventory Replenishment

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[{"type":"text","content":"The collaboration aims to transform how contractors and suppliers manage and restock materials by enabling real-time visibility and automation.","length":143,"tagName":"p"},{"type":"text","content":"NEW YORK, December 04, 2025--(BUSINESS WIRE)--Ply, a leading inventory and purchasing platform built for the trades, has raised $8.5 million in a strategic round led by Ferguson Ventures, the Corporate Venture Capital (CVC) arm of Ferguson, a leading North American value-added distributor serving the specialized professional. Existing investors Primary and SignalFire also participated in the round. Ferguson Ventures’ participation marks its 20th investment, underscoring its ongoing commitment to technologies that advance productivity in the trades. This investment establishes a collaboration to accelerate automated inventory replenishment and enhance transparency across the supply chain for contractors and suppliers.","length":726,"tagName":"p"},{"type":"text","content":"Contractors and suppliers are ready for smarter, streamlined ways to digitize inventory tracking and reordering processes. With 20–35% of contractor revenue tied to materials, even small inefficiencies in manual tracking or reordering can erode margins making technology-driven systems increasingly essential. Through this investment, Ply and Ferguson will help provide industry-leading tools offering real-time insight into inventory levels and demand. The result is faster, more precise replenishment that saves time, reduces errors and increases profitability across the industry.","length":583,"tagName":"p"},{"type":"text","content":""Ferguson Ventures invests in technologies that help the specialized trade professional run more efficient, profitable businesses. Together we’re driving innovation for our industry so pros have what they need on the jobsite to successfully deliver projects and keep their customers happy," said Blake Luse, Managing Director of Ferguson Ventures.","length":357,"tagName":"p"},{"type":"text","content":""Contractors deserve systems that work as hard as they do, and that’s why this collaboration with Ferguson is so exciting. Their decades of industry experience paired with Ply’s platform gives contractors something rare: tools built with a true understanding of how the trades operate. This is a big step forward for the industry, a...

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