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With $85M funding, Augment develops ChatGPT-like AI trained on logistics workflows

· Source: techfundingnews.com

In short

San Francisco-based AI startup Augment has raised $85 million in Series A funding to enhance its AI platform Augie, which automates tasks across the freight order-to-cash cycle. The platform currently supports over $35 billion in freight under management and aims to transform logistics operations by handling processes like quoting, billing, tendering, and collections.

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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, freight, funding, AI, startup

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