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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.

PRIVATEOct 30, 2024

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.

Quick answer

Augment raised $227 Million in a Series B round, dated October 30, 2024. Augment is based in Miami, Florida, United States.

How much did Augment raise?
Augment raised $227 Million in a Series B round on October 30, 2024.
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.

  • Archive Intel raised $1.5M (Seed) on December 13, 2024.
  • Upvest raised $105M (Series C) on December 12, 2024.
  • Cyder raised $1.1M (Pre-Seed) on December 12, 2024.
  • Cardekho raised $60M (Funding Round) on December 11, 2024.
  • Billboxx raised $1.6M (Pre-Seed) on December 11, 2024.
  • Ayan Capital raised $3.6M (Seed) on December 11, 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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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.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Augment raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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