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Augment raised $227M in a Series B funding round led by prominent investors to enhance its AI tools for developer-focused coding solutions.

Oct 30, 20249 months ago

Amount Raised

$227 Million

Round Type

series b

MiamiFinancial Services

Description

Augment, a standout AI startup established in 2022, raised $227 million in Series B funding in April 2024. The investment aims to bolster its developer-focused AI tools that streamline codebase management and enhance collaborative workflows for large development teams.

Company Information

Company

Augment

Location

Miami, Florida, United States

About

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.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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