About Augment Code
Augment Code is a company based in Palo Alto (United States) founded in 2022 by Guy Gur Ari and Igor Ostrovsky. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Augment Code has raised $252 million across 3 funding rounds from investors including Lightspeed Venture Partners, Evolution Equity Partners and Sutter Hill Ventures. Augment Code offers products and services including Augment Code Platform and Augment CLI (Auggie).
- Headquarter Palo Alto, United States
- Founders Guy Gur Ari, Igor Ostrovsky
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Augment Computing, Inc,
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$252 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Lightspeed Venture Partners
& 5 more
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Employee Count
Employee Count
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Products & Services of Augment Code
Augment Code offers a comprehensive portfolio of products and services, including Augment Code Platform and Augment CLI (Auggie). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform is used for software development tasks.
CLI tool is provided for AI automation workflows.
Unlock access to complete
Funding Insights of Augment Code
Augment Code has successfully raised a total of $252M across 3 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jan 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Augment Code | Valuation | Evolution Equity Partners |
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| Apr, 2024 | Amount | Series B - Augment Code | Valuation |
investors |
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| Jan, 2024 | Amount | Series A - Augment Code | Valuation | Sutter Hill Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Augment Code
Augment Code has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Evolution Equity Partners and Sutter Hill Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage tech companies are funded by this venture capital firm.
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VC firm investing in the US
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Augment Code
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Augment Code
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Augment Code Comparisons
Competitors of Augment Code
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Augment Code
Frequently Asked Questions about Augment Code
When was Augment Code founded?
Augment Code was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Augment Code located?
Augment Code is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Augment Code?
Scott Dietzen is the current CEO of Augment Code.
Is Augment Code a funded company?
Augment Code is a funded company, having raised a total of $252M across 3 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Jan 01, 2024.
What does Augment Code do?
Augment Code is established as a leading AI software development platform, focusing on enhancing coding efficiency through autonomous agents and a powerful context engine. It is utilized by engineers across various sectors for tasks such as planning, building, and reviewing code. Solutions are integrated into popular IDEs like Visual Studio Code and JetBrains, with native support for essential workflow tools. Security and privacy of code are prioritized by default, ensuring trust and reliability in professional environments.
What products or services does Augment Code offer?
Augment Code offers Augment Code Platform and Augment CLI (Auggie).
Who are Augment Code's investors?
Augment Code has 6 investors. Key investors include Lightspeed Venture Partners, Evolution Equity Partners, Sutter Hill Ventures, Index Ventures, and Innovation Endeavors.