What is Augment?
Founded in 2024 and based in San Francisco, Augment is revolutionizing the supply chain and freight sector with its AI-driven solutions. Its core offering, Augie, is an autonomous AI assistant designed to streamline and automate the intricate processes of booking and executing truck shipments. Augie handles a wide array of tasks, including email management, quote generation, document processing, and coordination across various shipping modes such as FTL, LTL, expedited, and drayage. By operating 24/7, Augie empowers freight brokers, shippers, and carriers to minimize operational errors, enhance process accuracy, and reallocate human capital towards strategic relationship management and business development.
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, Redpoint Ventures, 8VC, and Shopify Ventures
Key Investors in Augment
8VC
8VC is a prominent technology investment firm known for backing industry-transforming companies, particularly in smart enterprise platforms across sectors like logistics and financial services. They bring a wealth of experience from successful founder and operator roles.
AutoTech Ventures
AutoTech Ventures is an early-stage Silicon Valley venture capital firm specializing in the global ground transportation industry, providing capital and market intelligence to startups.
Redpoint Ventures
Redpoint Ventures is a venture capital firm with a focus on investments in early growth-stage companies, leveraging its expertise to support emerging businesses.
What's next for Augment?
The substantial enterprise-level investment Augment has garnered signals a strong market validation and provides the necessary capital for aggressive scaling and product development. This strategic financing is expected to accelerate Augment's expansion into new markets, enhance its AI capabilities, and solidify its position as a leader in logistics technology. The company is poised to further automate complex supply chain operations, offering significant efficiency gains and competitive advantages to its clients in the dynamic freight industry.
See full Augment company page
