AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A to transform freight automation.
Matilda
Augment Raises $85M to Disrupt Logistics with AI
Deliverr’s Founder Returns with Bold AI Logistics Play AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A — and it’s making waves across the supply chain world. Harish Abbott, who previously built and sold Deliverr to Shopify for $2.1 billion in 2022, is now betting big on artificial intelligence to automate some of logistics’ most repetitive tasks. Image Credits:Augment Abbott saw an industry bogged down by endless phone calls, emails, and spreadsheets. With Augment, his new venture, he aims to change that by introducing an AI-powered assistant, “Augie,” designed to handle the tedious side of freight management. Augment’s Vision: Automation for Freight and Logistics The $85 million Series A round, led by Redpoint with participation from 8VC, Autotech Ventures, and others, is a huge vote of confidence. What makes this even more striking is that Augment secured this funding just five months after coming out of stealth with a $25 million seed round. Abbott bel…
