Augmentir

Horsham, United States Founded: 2018 • Age: 8 yrs
Provider of a platform offering AR solutions for industrial front-line workers
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About Augmentir

Augmentir is a company based in Horsham (United States) founded in 2018.. Augmentir has raised $10.51 million across 3 funding rounds from investors including Lerer Hippeau, Gardner Lewis Asset Management and Pritzker Group. Augmentir offers products and services including Augmentir Platform, Skills & Training, Digital Work Instructions, Workflow Builder, and Industrial Generative AI Suite. Augmentir operates in a competitive market with competitors including smartstaff, CareAR, Gloat, Workera and TechWolf, among others.

  • Headquarter Horsham, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Augmentir, Inc.
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Technology → Enterprise Software & Productivity Solutions
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.51 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Augmentir

Augmentir offers a comprehensive portfolio of products and services, including Augmentir Platform, Skills & Training, Digital Work Instructions, Workflow Builder, and Industrial Generative AI Suite. 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.

Primary

SaaS suite for digitizing frontline processes and AI insights

Tools for managing and digitizing employee skills training

No-code tools for creating frontline work processes

Graphical interface for digitizing complex workflows

AI tools for content creation and operational insights

People of Augmentir
Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Chris Kuntz
Vice President Of Strategic Operations
People
Lawrence Fan
Cto, Head Of Data Science
People
Phil Huber
Co-Founder & VP of Development
People
Russ Fadel
Co-Founder & CEO

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Funding Insights of Augmentir

Augmentir has successfully raised a total of $10.51M 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 Rounds 3
  • Last Round
  • First Round

    (23 May 2019)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2023 Amount Series A - Augmentir Valuation Gardner Lewis Asset Management
Nov, 2021 Amount Series A - Augmentir Valuation Gardner Lewis Asset Management
May, 2019 Amount Series A - Augmentir Valuation Pritzker Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Augmentir

Augmentir has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Lerer Hippeau, Gardner Lewis Asset Management and Pritzker Group. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
USA focused VC firm investing in seed and early stage startups
Founded Year Domain Location
Investments in SaaS, marketplace, and middle market companies are managed.
Founded Year Domain Location
HOLT Group is engaged in industrial machinery and technology services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Augmentir

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Augmentir

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Augmentir Comparisons

Employees
+
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Competitors of Augmentir

Augmentir 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 smartstaff, CareAR, Gloat, Workera and TechWolf, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of workforce management platform for blue collar employee lifecycle management
domain founded_year HQ Location
Provider of augmented reality based visual support solution
domain founded_year HQ Location
Cloud-based platform enables skill mapping and resource allocation.
domain founded_year HQ Location
AI-powered skills assessment platform for enterprises is developed.
domain founded_year HQ Location
AI-driven skill intelligence is provided for enterprises through data insights.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Augmentir

When was Augmentir founded?

Augmentir was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Augmentir located?

Augmentir is headquartered in Horsham, United States. It is registered at Horsham, Pennsylvania, United States.

Is Augmentir a funded company?

Augmentir is a funded company, having raised a total of $10.51M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.01M, raised on May 23, 2019.

What does Augmentir do?

Founded in 2018 and based in Horsham, United States, Augmentir operates in the augmented reality sector for industrial applications. A platform is provided to support worker onboarding, productivity enhancement, reskilling, and knowledge management. Digital assistance is enabled through guided instructions, checklists, and device integration. An AI engine is included for analyzing workforce quality, productivity, and performance metrics. Integration with IIoT sensors is supported to automate routine processes.

Who are the top competitors of Augmentir?

Augmentir's top competitors include CareAR, Workera and TechSee.

What products or services does Augmentir offer?

Augmentir offers Augmentir Platform, Skills & Training, Digital Work Instructions, Workflow Builder, and Industrial Generative AI Suite.

Who are Augmentir's investors?

Augmentir has 4 investors. Key investors include Lerer Hippeau, Gardner Lewis Asset Management, Pritzker Group, and HOLT Group.

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