Augment: $85 Million Raised For Expanding AI Teammate Platform Augie
· Source: pulse2.com
In short
Augment, a logistics AI startup, has secured $85 million in Series A funding to expand its AI teammate platform Augie. The platform automates end-to-end logistics workflows, including quoting, dispatching, tracking, and billing, and has already been adopted by major logistics providers managing over $35 billion in freight. Customers report significant operational improvements, including 40% reduction in invoice delays, 8-day shorter billing cycles, and over 5% gross margin recovery per load.
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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, workflow, funding, AI