Augment Raises $85 Million for AI Teammate for Logistics
· Source: pymnts.com
In short
Augment secured $85 million in Series A funding to advance its AI teammate Augie, which automates logistics workflows including quoting, dispatch, tracking, and billing. The platform is used by dozens of third-party logistics providers and shippers, supporting over $35 billion in freight under management with reported benefits including 40% reduction in invoice delays and significant payroll savings.
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In the issue of week 37, 2025: AI-Driven Automation and Decision Systems Slash Costs, Boost Supply Chain Resilience
Tags: logistics, automation, funding, workflow, efficiency, AI