Augment emerges from stealth with $252M in funding led by Eric Schmidt to revolutionize generative AI coding technologies
Augment emerges from stealth with $252M in funding led by Eric Schmidt to revolutionize generative AI coding technologies
04/24/24, 7:46 PM
Location
miamiMoney raised
$252 million
Industry
financial services
Investors
Meritech Capital, Innovation Endeavors, Lightspeed Venture Partners, Sutter Hill Ventures, Index Ventures, Eric Schmidt
Augment, an AI-powered coding platform, has raised $252 million in funding to accelerate product development and build out its product, engineering, and go-to-market functions. The investment comes from former Google CEO Eric Schmidt and VCs like Index Ventures, Sutter Hill Ventures, Lightspeed Venture Partners, Innovation Endeavors, and Meritech Capital.
Company Info
Location
miami, florida, united states
Additional Info
Augment is a risk capital and reinsurance solutions broker, focused on designing and placing bespoke protections for a variety of clients. With a wide range of solutions, Augment creates growth and equity value through tailored transactions to deliver long term capital and partnerships. Augment’s expertise extends beyond (re)insurance, allowing the company to disrupt the value chain and build creative, value-accretive solutions for individual client needs. For more information, please visit www.augmentrisk.com.