Augment emerges from stealth with $252M in funding led by Eric Schmidt to revolutionize generative AI coding technologies
Amount Raised
$252 Million
Round Type
Funding Round
MiamiFinancial ServicesInvestors
Description
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.
Quick answer
Augment raised $252 Million in a Funding Round round, dated April 24, 2024. Investors: Office Of Eric Schmidt, Meritech Capital, Innovation Endeavors, Lightspeed Venture Partners, Sutter Hill Ventures, Index Ventures and Hillspire. Augment is based in Miami, Florida, United States.
- How much did Augment raise?
- Augment raised $252 Million in a Funding Round round on April 24, 2024.
- Who invested in Augment?
- Office Of Eric Schmidt, Meritech Capital, Innovation Endeavors, Lightspeed Venture Partners, Sutter Hill Ventures, Index Ventures and Hillspire are named as investors in this round.
- What does Augment do?
- Augment is a risk capital and reinsurance solutions broker, focused on designing and placing bespoke protections for a variety of clients.
- Where is Augment based and how big is it?
- Augment is based in Miami, Florida, United States.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Augment that raised within 45 days of this round, from Fundz verified event records.
- Kaspar& raised $2.7M (Seed) on June 7, 2024.
- Mountain Protocol raised $8M (Series A) on June 6, 2024.
- SmartLoC raised $2M (Seed) on June 6, 2024.
- Liminal raised $5M (Seed) on June 6, 2024.
- Fizz raised $14M (Seed) on June 6, 2024.
- 11thEstate raised $2M (Seed) on June 6, 2024.
Who to call at Augment, and when
A new round usually means Augment is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Augment raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Augment, from your own LinkedIn network
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Augment raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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