Ferguson Enterprises Inc., through its corporate venture capital arm Ferguson Ventures, has led an $8.5 million strategic funding round in Ply, an inventory and purchasing platform for the trades. The transaction involved a minority equity investment, with existing investors Primary and SignalFire also participating. The collaboration aims to accelerate automated inventory replenishment and improve supply chain transparency for contractors and suppliers. With this investment, Ply plans to expand its capabilities, deepen integrations with field service and accounting platforms, and strengthen supplier partnerships.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ferguson Enterprises Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251204522782) on December 04, 2025, and is solely responsible for the information contained therein.