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Keychain Raises $30 Million and Launches AI Operating System for CPG Manufacturers

New funding fuels an India-based buildout to challenge legacy ERP with faster deployment for factory workflows.

Overview

  • Series B was led by Wellington Management with participation from BoxGroup and others, bringing total funding to $68 million as the company declined to disclose a new valuation after reporting a $260 million post-money in November 2024.
  • Keychain unveiled KeychainOS, designed to replace or integrate with legacy ERP, with the first module focused on food-safety compliance that converts quantitative data into auditor-ready reports and answers queries in natural language.
  • The platform emphasizes rapid implementation measured in days, integrates with Keychain’s sourcing tools, and adds AI features such as adaptive checklists plus planned multimodal inputs including computer vision, connected scales, and voice.
  • Keychain reports adoption by more than 20,000 brands and retailers and thousands of manufacturers, including use by 8 of the top 10 U.S. retailers and 7 of the top 10 CPG brands such as 7-Eleven, Whole Foods, and General Mills.
  • The company centers engineering in Gurugram, India, aiming to grow the team from about 35 to 70 in the near term and around 100 within a year, while expanding categories and markets beyond the U.S. and Canada with plans to enter Europe later this year.