Augment has raised $25 million in seed funding led by 8VC to develop its AI assistant for the logistics industry. This funding will help the company leverage AI technology to enhance operations in trucking and logistics.
Augment has raised $25 million in seed funding led by 8VC to develop its AI assistant for the logistics industry. This funding will help the company leverage AI technology to enhance operations in trucking and logistics.
03/18/25, 9:19 AM
Location
miamiMoney raised
$25 million
Industry
financial services
Round Type
seed
Investors
8 Vc
Augment, a startup founded by Harish Abbott, has successfully raised $25 million in seed funding. The round was led by 8VC and aims to support the development of Augie's AI-driven capabilities in logistics. Augie is designed to streamline communications and tasks in the trucking industry. With $20 billion of freight under management among its early customers, Augment is poised to make a significant impact.
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.