In 2017, we were the first investors in Deliverr. This past March we had the privilege of leading Augment’s $25mm seed round, once again backing Harish Abbott and Artur Rivilis, along with former 8VC EIR Justin Hall.
Today, Augment announced their $85mm Series A, led by Redpoint. To mark the occasion, Joe Lonsdale and Alex Kolicich reflected on our long partnership with Harish & Art, and a new era of American efficiency:
https://lnkd.in/d4q32ynF
Logistics famously suffers from fragmented systems, busywork, and slow tech adoption. Harish & Art were undeterred, recognizing that LLM advances could erase the innovation gap and catapult the industry forward.
Enter Augie, the AI teammate for logistics operators. Augie takes aim at ~$320 billion/year in US logistics waste, with workflows around invoicing, load tracking, carrier calls, emails, driver support, and fleet management.
Echoing the Palantir Technologies & Addepar playbooks, Augie relies on a deep, domain-specific ontology to map complex relationships, encode permissions and reasoning, and enable AI learning and execution to work in tandem with human expertise.
This future won’t be achieved with agents alone, however, and Augment is hiring aggressively in engineering, GTM, and more! https://lnkd.in/g-uj-sQr.
CC: Bela Becerra Vivek Gopalan