# Augment

> Augment builds Augie, an AI teammate purpose-built for logistics. The San Francisco company automates the phone calls, emails, portal logins, and back-office workflows that bog down freight brokers, shippers, and carriers - and has raised $110M in under a year to scale it.

- **Founded:** 2024
- **Headquarters:** San Francisco, California, United States
- **Founders:** Harish Abbott (Co-founder & CEO), Justin Hall (Co-founder & Chief Commercial Officer), Artur Rivilis (Co-founder & CTO)
- **Team size:** ~160 employees, hiring 50+ more engineers post-Series A
- **Products:** Augie
- **Notable:** Raised $110M total in under 12 months ($25M seed + $85M Series A), Augie supports $35B+ in freight under management, 40% reduction in invoice delays reported by customers

## Products & services

- **Augie** — A freight-native AI teammate that operates across phone, email, portals, and TMS systems to automate workflows for brokers, shippers, and carriers - covering truckload, LTL, expedited, drayage, and order-to-cash.

## Achievements

- Raised $110M total in under 12 months ($25M seed + $85M Series A)
- Augie supports $35B+ in freight under management
- 40% reduction in invoice delays reported by customers
- Eight-day faster billing cycles for customers
- 5%+ gross margin recovery per load
- Acquired a stealth startup in 2026 to enter the $8T wholesale distribution market

## Latest updates

- **2026-04** — Acquired a stealth startup to bring AI to the $8 trillion wholesale distribution industry.
- **2025-09** — Closed $85M Series A led by Redpoint Ventures.
- **2025-03** — Emerged from stealth with $25M seed from 8VC and launched Augie.

## Links

- Website: https://goaugment.com
- LinkedIn: https://www.linkedin.com/company/goaugment

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Profile page: https://yespress.io/augment
Published by YesPress — https://yespress.io
Last updated: 2026-05-29
