What is Augmentir?
Augmentir, established in 2017 and based in Horsham, Pennsylvania, specializes in augmented worker software designed to enhance productivity and efficiency within industrial sectors. The company's platform aims to digitize and optimize frontline operations, providing real-time data and guidance to workers. This focus positions Augmentir as a key player in the industrial technology landscape, addressing the critical need for digital transformation in manufacturing, field service, and other heavy industries.
How much funding has Augmentir raised?
Augmentir has raised a total of $7.8M across 2 funding rounds:
Debt
$350K
Series A
$7.5M
Debt (2020): $350K with participation from PPP
Series A (2021): $7.5M led by GARDNER LEWIS ASSET MANAGEMENT, Pritzker Group Venture Capital, Holt Ventures, and Lerer Hippeau Ventures
Key Investors in Augmentir
GARDNER LEWIS ASSET MANAGEMENT
Gardner Lewis Asset Management is a privately-owned alternative investment firm that focuses on transformational change through rigorous fundamental research, seeking to identify and invest in compelling opportunities.
Pritzker Group Venture Capital
Pritzker Group is a family-backed investment firm that focuses on long-term partnerships with companies, offering a permanent capital base and access to a vast network of advisors and strategic partners.
Holt Ventures
HOLT Group is a family-owned powerhouse serving various industries, including heavy machinery, construction, consulting, training, and technology, with a focus on empowering clients with advanced technology.
What's next for Augmentir?
With the recent infusion of capital, Augmentir is poised for accelerated growth and further development of its augmented worker platform. The company's strategic objective is likely to expand its market reach, enhance its technological capabilities, and solidify its position as a leader in industrial augmented reality and digital workflow solutions. Future investments may target product innovation, sales team expansion, and strategic partnerships to capitalize on the increasing adoption of Industry 4.0 technologies.
See full Augmentir company page
