Augment puts an AI teammate inside logistics operations, automating the labor-intensive freight order-to-cash cycle. Its AI assistant, Augie, handles quoting, dispatching, tracking, billing, and collections across shippers, brokers, carriers, and distributors. The company reports Augie already manages more than $35 billion in freight across dozens of logistics providers, with customers seeing a 40% reduction in invoice delays, billing cycles accelerated by eight days, 5%+ gross margin recovery per load, and major track-and-trace payroll savings. Founded in 2024 by Harish Abbott, who previously co-founded Deliverr (acquired by Shopify for $2.1B), Augment raised an $85M Series A led by Redpoint Ventures in September 2025, with 8VC, Shopify Ventures, and Autotech Ventures participating, bringing total funding to $110M.
Augment
ActiveAI teammate that automates freight order-to-cash workflows
Total raised
$110M
2 rounds
Stage
Series A
Sep 2025
Team
51-200
since 2024
Pricing
Enterprise
Founded
2024
San Francisco, United States
Agent-ready
—
AI assistant Augie for freight ops
Automated quoting
Dispatch automation
Track and trace
Automated billing
Collections automation
TMS and portal integrations
Multimodal freight support
10/100
Early
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
No public agent surfaces detected yet.
Cumulative raise
From 2024 to 2026 · 2 rounds tracked
Total
$110M
Sep 2025 Series A $85M ● Redpoint Ventures
Apr 2025 Seed $25M ● 8VC
Capital network
$110M raised ·4 backers·10 network links
- Backers4
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What does Augment do?
- Augment's AI assistant Augie automates freight quoting, dispatching, tracking, billing, and collections.
- How much freight does Augie manage?
- More than $35 billion across dozens of logistics providers.
- How much has Augment raised?
- It raised an $85M Series A led by Redpoint in September 2025, for $110M total.
- Who founded Augment?
- Harish Abbott, who previously co-founded Deliverr (acquired by Shopify).
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