What is Augmate?
Augmate operates as a mission-driven platform at the intersection of IoT and wearable device management. The company provides a sophisticated architecture designed to connect employees, customers, and data streams through a unified interface. By offering a leading enterprise wearable device management application, Augmate enables organizations to deploy and manage head-mounted displays at scale. Their solutions are currently deployed across diverse, high-stakes industries including smart medicine, precision agriculture, connected automotive systems, and defense applications. The platform's reliance on a blockchain-based architecture ensures secure, transparent, and scalable device management, distinguishing it from traditional, siloed enterprise software solutions.
How much funding has Augmate raised?
Augmate has raised a total of $5.8M across 2 funding rounds:
Angel/Seed
$2.8M
Private Equity
$3M
Angel/Seed (2013): $2.8M with participation from Rothenberg Ventures, Camp One Ventures, Excell Partners, Inc, Simon Venture Group, FP Angels, and UPS Strategic Enterprise Fund
Private Equity (2015): $3.1M, investors not publicly disclosed
Key Investors in Augmate
Rothenberg Ventures
A venture capital firm that invests in visionary entrepreneurs developing transformative technologies at the intersection of technology and human potential, with a focus on spatial computing and AI.
Camp One Ventures
A venture capital firm providing critical funding to early-stage innovators, leveraging deep domain expertise in blockchain, SaaS, and mobile marketplaces.
Excell Partners, Inc
A venture capital fund that invests in high-tech, high-growth startups in New York State, providing both capital and hands-on support for medical devices and IT software.
What's next for Augmate?
With the recent capital injection, Augmate is expected to scale its enterprise-grade API support and expand its footprint in the industrial IoT market. The strategic focus will likely shift toward deepening integration capabilities for large-scale deployments, particularly in sectors requiring high-security, real-time data processing. As the company matures, the emphasis will remain on refining its blockchain-based device management protocols to meet the rigorous demands of global enterprise clients. This phase of growth will be critical in establishing Augmate as the standard-bearer for wearable device orchestration in increasingly complex, connected environments.
See full Augmate company page
