Articles from Ply

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.