What is Augment?
Founded in 2024, Augment provides an AI-driven productivity platform specifically engineered for the supply chain and freight sectors. Its core product, Augie, functions as an autonomous assistant that manages high-volume, repetitive tasks such as email correspondence, shipment quoting, and documentation across various transport modes, including FTL, LTL, and drayage. By automating these labor-intensive workflows, Augment enables logistics professionals to shift their focus toward high-value relationship management and strategic decision-making. The platform operates on a 24/7 basis, effectively reducing human error and enhancing process accuracy in an industry historically reliant on manual intervention.
How much funding has Augment raised?
Augment has raised a total of $110M across 2 funding rounds:
Angel/Seed
$25M
Series B
$85M
Angel/Seed (2025): $25M with participation from 8VC
Series B (2025): $85M led by AutoTech Ventures, 8VC, Shopify Ventures, and Redpoint Ventures
Key Investors in Augment
AutoTech Ventures
An early-stage Silicon Valley venture capital firm managing over $270 million, specifically focused on startups within the $3 trillion global ground transportation industry.
8VC
A leading technology investment firm managing $3.6 billion in committed capital, with a strong track record of backing smart enterprise platforms across logistics and financial services.
Shopify Ventures
The investment arm of Shopify, dedicated to supporting bold founders who leverage cutting-edge technology to transform commerce and developer experiences.
What's next for Augment?
With this major strategic investment, Augment is poised to enter a phase of aggressive market expansion and product development. The company will likely focus on deepening the capabilities of its autonomous agent, Augie, to handle increasingly complex logistics scenarios and integrate more deeply with existing enterprise resource planning systems. As the supply chain industry continues to face pressure to digitize, Augment's ability to provide a scalable, intelligent solution positions it as a critical player in the future of freight technology. The firm will likely prioritize talent acquisition and infrastructure scaling to maintain its competitive edge in the rapidly evolving AI-logistics landscape.
See full Augment company page
