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Keychain raises $30M and launches AI operating system for CPG manufacturers

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The next time you shop at a grocery store, you might want to thank this AI startup for keeping the shelves stocked with your favorite food products — and keeping them fresh and safe to eat.

That would be Keychain an AI-powered marketplace for retailers to buy the consumer packaged goods (CPG) on their shelves started by former Angi (formerly Angie’s List) CEO and Handy co-founder and CEO Oisin Hanrahan back in 2023.

Today, Keychain is announcing a $30 million Series B funding round and unveiling KeychainOS, its new AI operating system designed to replace or integrate with legacy enterprise Enterprise Resource Planning (ERP) tools in manufacturing.

Promotional screenshot of KeychainOS. Credit: Keychain

An ERP is enterprise software that integrates essential business functions — such as finance, HR, manufacturing, procurement, and supply chain — into one unified platform, giving organizations a real-time, single source of information about what’s happening across the entire organization at any given moment.

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The global ERP market is expansive and growing fast, valued at an estimated $81.15 billion in 2024 and forecast to reach $229.79 billion by 2032.

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