Augmate

New York, United States Founded: 2013 • Age: 13 yrs
IoT enabled device management platform
Annual revenue - Latest available
Total funding $8.9M 5 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Augmate

Augmate is a company based in New York (United States) founded in 2013. Augmate has raised $8.9 million across 5 funding rounds from investors including Counterpointe Ventures, UpVentures Capital and Rothenberg Ventures. Augmate offers products and services including Wearable Device Management and IoT Device Management. Augmate operates in a competitive market with competitors including Celeno, Memfault, Xyte, Hara and Kii, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Augmate Corporation
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $8.9 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of Augmate

Augmate offers a comprehensive portfolio of products and services, including Wearable Device Management and IoT Device Management.

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Primary

Application for deploying and managing wearable devices at scale.

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System for blockchain-based IoT device management and API support.

People of Augmate

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Pete Wassell
CEO

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Teams

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Funding Insights of Augmate

Augmate has successfully raised a total of $8.9M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Augmate

Augmate has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Counterpointe Ventures, UpVentures Capital and Rothenberg Ventures.

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Institutional
Angel
Investor Description Founded Year Domain Location
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Investments are made in technology startups by UpVentures Capital.
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Early-stage US companies are invested in by Rothenberg Ventures.
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Investor details for Augmate

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Investments & Acquisitions by Augmate

Investments
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Investment portfolio details for Augmate

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Financial Statements - Augmate

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Detailed financials for Augmate

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Augmate Comparisons

Augmate Primary company
Description
IoT enabled device management platform
Location
New York, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Augmate

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Competitors of Augmate

Augmate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Celeno, Memfault, Xyte, Hara and Kii, among others.

Company Name Domain Founded year HQ Location Description
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Provides high performance WiFi chips and software
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Embedded software patch management is delivered for consumer electronics devices.
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Cloud-based servitization platform is provided for OEM connected devices.
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Energy and sustainability management is facilitated via a cloud-based platform.
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Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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Augmented reality wearable solutions for picking and manufacturing are provided.
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Detailed competitors of Augmate

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Latest news on Augmate

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Complete news archive for Augmate

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Frequently Asked Questions about Augmate

Augmate was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Augmate is headquartered in New York, United States. It is registered at New York, New York, United States.

Augmate is a funded company, having raised a total of $8.9M across 5 funding rounds to date.

Augmate offers Augmate Connect, an IoT device management platform that uses a combination of traditional, blockchain and distributed ledger protocols. The platform is blockchain-agnostic and will be integrating IOTA Tangle, a blockless distributed ledger that allows transfer of value between devices without fees, as well as centralized portal management using heuristic analysis and machine learning for monitoring and predictive maintenance. Features include device identity, data visualization tools, device fleet management, devices firmware updates, security layer (256-bit encryption) etc. The company originally developed applications for the workplace, connecting enterprise databases to wearable devices. Partners include Google, Vuzix, Epson, Realwear, Intel, Remote Eye, Proceedix, Streye, Pristine etc. Clientele includes Veolia, UPS, Toyota, Carrefour, Loreal, TNT, Pfizer, AGCO etc.

Augmate's top competitors include Memfault, Hara and Arch Systems.

Augmate offers Wearable Device Management and IoT Device Management.

Augmate has 10 investors. Key investors include Counterpointe Ventures, UpVentures Capital, Rothenberg Ventures, Camp One Ventures, and FP Angels.

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