What is Augmentir?
Founded in 2017 and headquartered in Horsham, Pennsylvania, Augmentir specializes in delivering augmented worker software tailored for industrial sectors. The company's platform aims to improve efficiency, safety, and productivity by providing real-time information and guidance to frontline workers. Augmentir's technology is designed to bridge the gap between complex industrial processes and the human element, enabling a more connected and informed workforce.
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, Holt Ventures, Lerer Hippeau Ventures, and Pritzker Group Venture Capital
Key Investors in Augmentir
GARDNER LEWIS ASSET MANAGEMENT
Gardner Lewis Asset Management is a privately-owned alternative investment management firm based in Chadds Ford, Pennsylvania, focusing on transformational change through rigorous fundamental research. The firm seeks to identify and invest in compelling opportunities for both institutions and individuals, emphasizing a collaborative culture among analysts, traders, and portfolio managers.
Holt Ventures
HOLT Group is a family-owned powerhouse serving various industries, including heavy machinery, construction, consulting, training, and technology. With nearly a century of experience, they operate the nation's largest Caterpillar dealership, HOLT CAT, and focus on selling, servicing, leasing, and renting top-tier industrial machinery.
Lerer Hippeau Ventures
Lerer Hippeau is a venture capital firm focused on investing in innovative startups, particularly in the early stages such as Seed and Pre-Seed rounds. They aim to support founders with great ideas who are willing to tackle challenging problems, fostering long-term success through their expertise as former operators.
What's next for Augmentir?
With a substantial enterprise-level funding context, Augmentir is positioned for accelerated scaling and market penetration. The company is likely to focus on expanding its product capabilities, enhancing its sales and marketing efforts, and forging strategic partnerships within the industrial technology ecosystem. This strategic investment will enable Augmentir to further solidify its position as a leader in the augmented worker software market, driving innovation and delivering enhanced value to its industrial clientele.
See full Augmentir company page
