Buys predominant Shopify inventory management company, Genie
In a move that is set to shake up the e-commerce industry and ERP solutions globally, Doss, an AI-native ERP platform, has acquired key assets from Genie, a leading inventory management solution for Shopify.
The acquisition is a strategic move that strengthens Doss's position in the e-commerce industry by enhancing inventory management capabilities and offering advanced ERP solutions that leverage AI for real-time decision-making.
Enhanced Inventory Management for E-commerce
Genie's capabilities in inventory management, particularly for Shopify merchants, will enhance Doss's offerings in the e-commerce space. This integration will help streamline operations for merchants, enabling faster inventory management and reordering processes.
Comprehensive Services for Clients
By acquiring Genie, Doss expands its services to provide more comprehensive solutions to clients. This acquisition targets the growing demand for AI-driven inventory and supply chain management tools in e-commerce, particularly among Shopify brands.
Revolutionizing Traditional ERP Systems
Doss's AI-native ERP platform leverages Genie's tools to offer real-time forecasting, supplier optimization, and personalized workflows. This integration of AI into core operations is expected to revolutionize traditional ERP systems by providing flexible and data-driven solutions.
A Modular Approach to ERP
The composable design of Doss's platform, combined with Genie's capabilities, offers businesses the flexibility to add or remove modules as needed. This modular approach reduces costs and implementation time compared to traditional rigid ERP systems.
Leading the AI-Native ERP Space
Embedding AI into the heart of its platform positions Doss as a leader in the AI-native ERP space. This approach enables real-time data analysis and decision-making, which is crucial for businesses navigating complex global supply chains.
A Bold Mission Amplified
Sebastiaan Debrouwere, Genie's founder, will join Doss as Head of Partnerships and Ecosystem. Debrouwere expresses excitement about amplifying Genie's mission at Doss, which is to democratize operations for fast-growing e-commerce brands.
Accelerating Growth and Expansion
The acquisition is expected to accelerate Doss's growth and support its partner-first expansion strategy. Luke Pappas, Partner at NEA, is proud to have supported Genie on their journey and considers the acquisition a perfect addition to Doss's partner ecosystem.
Genie supports over 300 e-commerce brands and processes more than $18 million in monthly supplier orders. The acquisition builds on Genie's $5.8 million seed round from August 2022.
Doss recently secured $18 million in Series A funding in April 2025. With this acquisition, the company is poised to accelerate revenue growth significantly, exploiting the demand for flexible and data-driven ERP solutions.
In conclusion, the acquisition of Genie by Doss is a significant step forward in the e-commerce industry and ERP solutions. By offering flexible, real-time ERP solutions, the company aims to enhance e-commerce operations globally and establish a strong presence in the AI-native ERP space.
This acquisition of Genie will enable Doss to provide advanced investing opportunities by incorporating Genie's inventory management solutions into its AI-native ERP platform, aiming to revolutionize technology-driven business growth in the e-commerce sector.
Doss's strategic business expansion through the Genie acquisition targets synergizing finance and technology, positioning the company as a trailblazer in AI-driven investment solutions for e-commerce businesses.
