Overview
Ply is a New York, NY-based AI procurement engine for the trades[1]. Founded in 2022 with the goal of addressing time and money losses from manual inventory and purchasing processes[3], the company develops AI-powered inventory and purchasing software for trade service contractors[2]. Its platform covers live inventory tracking across trucks and warehouses, purchase order management, barcode scanning, cycle counts and 3-way invoice matching for contractors in HVAC, plumbing, electrical, roofing, flooring, lock and security, duct cleaning, low voltage and garage door services[2]. Ply has received funding from Primary Venture Partners, SignalFire, Stage 2 Capital, Banter Capital and Ferguson Ventures[4]. The company's customers include F.H. Furr, Mr. Electric, CW Suter, Beacon Home Services, Tampa Bay Plumbing, H.L. Bowman, Budd's Plumbing, Brotherly Love Electric and Alberni Electric[5].
Ply stated that it "was founded in 2022 with a simple but urgent insight: trade businesses were losing too much time and money to manual inventory and purchasing processes." [3]
Ply's privacy policy gave its mailing address as Ply Financial, Inc, 134 Charles St, New York, NY 10014, United States. [6]
Funding history
Ply listed Primary Venture Partners, SignalFire, Stage 2 Capital, Banter Capital and Ferguson Ventures as its investors. [4]
Customers
Ply displayed customers including F.H. Bowman, Budd's Plumbing, Brotherly Love Electric and Alberni Electric, with a testimonial from Benjamin Haberman of Budd's Plumbing. [5]
Backers
Primary Venture Partners
NYC-based seed-stage venture capital firm
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