Ply, a New York-based inventory and purchasing platform built for the trades, has raised $8.5 million in a strategic funding round.
Investors
The round was led by Ferguson Ventures, with participation from existing investors Primary and SignalFire.
Ferguson Ventures is the corporate venture capital (CVC) and strategic partnering arm of Ferguson, the largest distributor of plumbing and heating products in the U.S. Its mission is to invest in and partner with early- to late-stage startups focused on innovating and transforming the Built World (construction and services industries).
Ply Use of Funds
The company will use the funding to expand product capabilities, deepen integrations with field service and accounting platforms, accelerate development, and strengthen supplier partnerships.
About Ply
Founded in 2022 by Dave Wigder and Darion Miller, Ply is an inventory and purchasing platform built for the trades, helping contractors and service businesses manage materials with greater clarity, control, and efficiency. It streamlines workflows from inventory tracking to purchase orders and automated replenishment, giving teams real-time visibility and reducing friction across materials management. Headquartered in New York, NY, the company remains focused on becoming the go-to platform for materials management and replenishment in the trades.
Funding Details
Company: Ply Financial, Inc
Raised: $8.5M
Round: Strategic
Funding Date: December 2025
Lead Investor: Ferguson Ventures
Additional Investors: Primary, SignalFire
Company Website: https://getply.com/
Software Category: Inventory & Purchasing Platform for Trades
Source: https://www.businesswire.com/news/home/20251204522782/en/