Augment announces an $85 million Series A funding round
Summary
San Francisco-based Augment, an AI productivity platform for logistics, has closed an $85 million Series A led by Redpoint Ventures, bringing its total capital to $110 million. The raise comes five months after the company exited stealth and will be used to accelerate development of Augie, Augment’s AI teammate for freight, expand end-to-end workflows for shippers, brokers, carriers and investors, and scale headcount across engineering and go-to-market teams.
Augment — founded by Harish Abbott (co-founder of Deliverr) — has about 100 employees across San Francisco, Chicago and Toronto. The company is emphasising deeper integrations with TMS platforms, load boards and shipper portals and aims to deliver measurable ROI at scale for customers.
Key Points
- The Series A was led by Redpoint Ventures with participation from 8VC and other logistics and AI investors; total capital raised now stands at $110 million.
- Funding will be used to develop Augie, the company’s flagship AI teammate, and to expand end-to-end workflows across shippers, brokers, carriers and investors.
- Aggressive hiring plans: scale to 50+ new engineers and 10+ GTM hires by late 2025, with further expansion into 2026.
- Focus on deeper integrations with TMS partners, load boards, shipper portals and channel alliances to embed Augie into existing workflows.
- Reported customer outcomes include: ~40% reduction in invoice delays, 3+ day acceleration in billing cycles, 2%+ gross margin improvement per load, 30–50% productivity gains in operations and 25%+ reduction in churn.
- Augment positions AI in logistics as moving from point solutions to end-to-end, context-aware automation that can multiply load capacity for reps.
Context and Relevance
This funding round signals increasing investor conviction in AI-first logistics platforms that aim to automate repetitive workflows and connect fragmented freight systems. For the logistics sector — where margins are tight and operational friction is high — tools that tie front-office actions to back-office settlement and compliance can unlock measurable savings and productivity.
Augment’s pedigree (founder from Deliverr, team from Shopify, Flexport, Google and AI labs) and the size of the raise make it a vendor to watch as shippers, brokers and carriers evaluate scalable AI assistants rather than one-off automations.
Why should I read this?
Short version: if you care about where freight ops and AI meet, this matters. Augment just got serious backing to scale Augie across the logistics stack — that means faster billing, fewer disputes, and fewer repetitive tasks for operations teams. We’ve saved you the skim: this is one of the bigger bets on an AI-native logistics workflow player this year, and its next moves (hiring, TMS integrations, measurable ROI claims) will shape vendor conversations in 2026.
Source
Source: https://www.logisticsmgmt.com/article/augment_announces_a_85_million_series_a_funding_round