AI in Logistics: Augment's Bold Move with $85M Funding
· Source: freightwaves.com
In short
Augment, an AI logistics platform, has secured $85 million in Series A funding to expand its engineering and go-to-market teams. Its flagship product Augie manages over $35 billion in freight, automating end-to-end workflows and delivering significant efficiency improvements including 40% reduction in invoice delays and 3-8 day faster billing cycles. The company plans to expand Augie's capabilities with a logistics knowledge hub and deeper system integrations.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 37, 2025: AI-Driven Automation and Decision Systems Slash Costs, Boost Supply Chain Resilience
Tags: logistics, automation, funding, efficiency, productivity, AI