What is Augury?
Augury operates at the intersection of the Internet of Things and artificial intelligence, effectively providing a mechanical nervous system for industrial equipment. By deploying proprietary sensor technology that monitors vibration, temperature, and magnetic fields, the company enables machines to communicate their health status in real-time. This capability allows facility managers to transition from reactive maintenance models to proactive, data-driven strategies, significantly reducing downtime and enhancing human productivity. The company's market position is defined by its ability to deliver actionable insights that prevent catastrophic equipment failure, thereby driving efficiency across complex industrial environments.
How much funding has Augury raised?
Augury has raised a total of $367M across 7 funding rounds:
Private Equity
$2M
Series A
$7M
Series B
$17M
Series C
$33M
Series D
$55M
Series E
$180M
Series F
$73M
Private Equity (2014): $2M with participation from First Round Capital and Formation8
Series A (2015): $7M led by Lerer Hippeau Ventures, Eclipse, First Round Capital, Pritzker Group Venture Capital., and Formation8
Series B (2017): $17M supported by Sound Ventures, Eclipse Ventures, Lerer Hippeau Ventures, First Round Capital, and Pritzker Group Venture Capital
Series C (2019): $33M featuring Insight Venture Partners, Eclipse Ventures, Qualcomm Ventures, Munich Re Ventures, Pritzker Group Venture Capital, and Lerer Hippeau
Series D (2020): $55M backed by Qumra Capital, Lerer Hippeau Ventures, Eclipse Ventures, Munich Re Venture Capital, Insight Venture Partners, and Qualcomm Ventures
Series E (2021): $180M with participation from Qumra Capital, Lerer Hippeau Ventures, Insight Partners, Munich Re Ventures, Baker Hughes, SE Ventures, Qualcomm Ventures, and Eclipse
Series F (2025): $73M led by Lerer Hippeau Ventures, Lightrock, Qualcomm Ventures, Qumra Capital, Insight Partners, Munich Re Ventures, and Eclipse Ventures
Key Investors in Augury
Insight Partners
A global venture capital and private equity firm that invests in high-growth software and technology companies, providing hands-on operational support to help businesses scale from early stage to IPO.
Eclipse Ventures
A venture capital firm focused on building partnerships with industrial and technology companies to achieve long-term, sustainable growth and operational success.
Qualcomm Ventures
The corporate venture arm of Qualcomm, specializing in early to growth-stage investments in AI, automotive, and industrial IoT technologies to accelerate global connectivity.
What's next for Augury?
With the successful closure of this latest funding round, Augury is poised to deepen its penetration into the global industrial market. The strategic focus will likely center on scaling its AI-driven diagnostic capabilities and broadening its service offerings to include more complex, interconnected industrial ecosystems. As the demand for resilient supply chains and optimized production cycles intensifies, Augury's role as a foundational technology provider becomes increasingly vital. The company is expected to leverage this capital to enhance its software-as-a-service platform, ensuring that its predictive analytics remain at the forefront of the Industry 4.0 revolution.
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