$110M total raised as Augie now supports $35B in freight under management, transforming logistics operations from order to cash for shippers, brokers and carriers
SAN FRANCISCO–(BUSINESS WIRE)–Augment, the AI productivity platform for logistics, announced today that it has raised $85 million in Series A funding, bringing its total capital raised to $110 million just five months after launching out of stealth. The round was led by Redpoint Ventures, with participation from 8VC, Shopify Ventures, Autotech Ventures, and other leading investors in logistics and AI.
This new capital will accelerate the development of Augie, Augment’s flagship AI teammate for logistics, and scale hiring across engineering and go-to-market functions. It will also power the rapid expansion of Augie into even more end-to-end logistics workflows for shippers, brokers, carriers, and distributors.
“We invested in Augment because they’re creating the system of work the logistics industry has always needed through AI-driven, end-to-end automation,” said Jacob Effron, Managing Director at Redpoint Ventures. “Customers consistently highlight Augment’s speed, deeply collaborative approach, and transformative impact on productivity. Augment pairs unmatched logistics expertise with rapid innovation, uniquely positioning them to redefine how logistics operates.”
“Enterprises are tired of juggling disconnected AI tools. What they need is a single platform that delivers real, end-to-end value,” said Burak Cendek, partner at Autotech Ventures. “That’s what Augment is building, and Harish and his co-founders have the expertise to make it happen. We’re proud to back them and open our enterprise network to help drive their vision forward.”
End-to-End, Not One-Off Automation
Unlike legacy RPA tools, voice bots, or point solutions that address narrow tasks, Augie operates across the full order-to-cash lifecycle. It understands the context of every shipment, proactively resolves issues, and acts across systems—email, phone, TMS, portals, and chat—to get work done.
From quoting and dispatch to tracking, appointment scheduling, document collection, and billing, Augie is designed to reduce load touches, shorten cycle times, and free up human operators for higher-value work.
“Logistics runs on millions of decisions—under pressure, across fragmented systems, and with too many tabs open,” said Harish Abbott, co-founder and CEO of Augment. “Augie doesn’t just assist. It takes ownership.”
Trusted by Logistics Operators & Leaders
In just five months, Augie has been adopted by dozens of top 3PLs and shippers and now supports over $35 billion in freight under management.
At Armstrong Transport Group, a $1.3B brokerage, Augie is already changing how work gets done on the front lines.
“If it gets sent to Augie, it gets done,” said William McManus, Operations Specialist at Armstrong. “He gives me the context, finds the docs, and even flags issues before they escalate. I finally get to log off when I log off.”
That frontline impact is translating to enterprise-wide gains.
“We’ve seen reps go from managing 10 loads a day to 20 or 30—with higher morale and stronger customer service,” said Cameron Ramsdell, CEO of Armstrong. “AI should show up on every line of the P&L—and Augie is already delivering.”
Armstrong is one of many customers experiencing real impact. Here’s a sample of what customers are seeing.
- 40% reduction in invoice delays
- Billing cycles accelerated by 8 days
- 5%+ gross margin recovery per load
- $1M+ potential track and trace payroll savings at one firm – millions more across all customers
Building Freight’s AI Future
With this new funding, Augment will accelerate its product roadmap and hiring, focusing on:
- Hiring 50+ engineers to push the frontier of agentic AI
- Expanding Augie into multimodal operations for brokers, shippers, and carriers
- Launching sales and back-office automation, including pricing support and customer insights
- Deepening integrations with TMS platforms, load boards, freight portals, and communication channels
- Building a freight-native knowledge base to enable more proactive and intelligent automation
Built by Operators and Technologists
Augment was founded by Harish Abbott, who previously co-founded Deliverr (acquired by Shopify for $2.1B). The team includes veterans from Shopify, YRC Worldwide, Google, Flexport, and leading AI research labs.
“Freight is essential but often unsung,” said Abbott. “We’re building Augie for the people behind the freight—so they can focus on the work that actually matters.”
Join the Team
Augment is hiring across its offices in San Francisco, Chicago, and Toronto. If you’re excited to build AI that works in the real world—and with real results—visit our careers page to learn more.
About Augment
Augment is the AI productivity platform for logistics. Its flagship product, Augie, is a freight-native AI teammate that works across phone, email, portals, and systems to automate and streamline the most complex logistics workflows—supporting brokers, shippers, and carriers from order to cash. Augment has raised $110M from Redpoint Ventures, 8VC, and leading logistics funds. Learn more at www.goaugment.com.
Contacts
Mike Pilarz
VP of Marketing, Augment
[email protected]
