Who founded Augmentir?

Augmentir was founded by Russ Fadel, Phil Huber, Lawrence Fan in 2017.

Who are Augmentir's investors?

Augmentir's investors include Lerer Hippeau.

How much funding has Augmentir raised?

Augmentir has disclosed $3M raised across 1 round.

Where is Augmentir headquartered?

Augmentir is headquartered in Pebble Beach, US.

Augmentir

Pebble Beach, US · Founded 2017 · Delaware corporation · 1 known investors

augmentir.com ↗

Augmentir provides an AI-native platform for industrial frontline workers that combines generative AI and agentic AI to enhance workforce development, training, and operational performance in manufacturing. The platform serves frontline operations teams including manufacturing, quality, maintenance, and continuous improvement teams.

Advanced ManufacturingAI & Machine LearningEnterprise Software

Founders & leadership

Augmentir was founded in 2017 by Russ Fadel, Phil Huber, and Lawrence Fan.

Russ FadelinCo-Founder & CEO

Phil HuberinCo-Founder & VP of Development

Lawrence FaninCo-Founder & Chief Data Scientist

Investors · 1

Lerer HippeauNew York · $500K – $2M

Reported raises · per SEC filings

Form D private placements

$3M disclosed across 1 round · 2019

▶$3MraisedMay 2019 · 18 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Russell FadelExecutive Officer

Offering amount: $5M
Amount sold: $3M
First sale: May 2019
Incorporated: Corporation, Delaware, 2017
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 6

by search overlap

SafetyCulture421 shared keywordsSafetyCulture develops a workplace operations platform used by frontline teams to conduct inspections, report issues, and manage safety and quality processes.

Tulip235 shared keywordsTulip offers a no-code way to connect IIoT devices, sensors, smart tools, scales, cameras, and machines to its apps, letting manufacturers use device inputs and outputs to build triggers and workflows. It targets industrial and manufacturing operations that want to digitize processes and automate data collection.

Matics147 shared keywordsMatics offers a cloud-based real-time operational intelligence (RtOI) platform, a new generation of manufacturing execution system (MES) that centralizes production floor control and delivers real-time data analytics. It serves factories and manufacturing teams to support data-driven production decisions.

Tractian144 shared keywordsTractian provides IoT sensors and AI-powered software for industrial asset condition monitoring and predictive maintenance, helping manufacturers identify equipment failures before they disrupt production.

Parsable143 shared keywordsParsable provides digital tools that let manufacturing companies digitize maintenance and operating procedures for technicians and operators, aiming to improve overall equipment effectiveness (OEE) and reduce maintenance errors. It targets industrial maintenance and factory operations teams.

Netezza137 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.

Companies competing with Augmentir for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken

Agency	Phase	Year	Amount
U.S. Air ForceAir Force	Phase II	2021	$750K
U.S. Air ForceAir Force	Phase I	2020	$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Augmentir do?: Augmentir provides an AI-native platform for industrial frontline workers that combines generative AI and agentic AI to enhance workforce development, training, and operational performance in manufacturing. The platform serves frontline operations teams including manufacturing, quality, maintenance, and continuous improvement teams.
Who founded Augmentir?: Augmentir was founded by Russ Fadel, Phil Huber, Lawrence Fan in 2017.
Who are Augmentir's investors?: Augmentir's investors include Lerer Hippeau.
How much funding has Augmentir raised?: Augmentir has disclosed $3M raised across 1 round.
Where is Augmentir headquartered?: Augmentir is headquartered in Pebble Beach, US.