Augment - About the company
Augment is a series B company based in Palo Alto (United States), founded in 2022 by Igor Ostrovsky and Guy Gur Ari. It operates as a Provider of AI-powered coding assistant and productivity tools for developers and development teams. Augment has raised $252M in funding from Sutter Hill Ventures and Evolution Equity Partners, with a current valuation of $*****. The company has 144 active competitors, including 26 funded and 4 that have exited. Its top competitors include companies like Tabnine, Cognition and Codegen.
Company Details
Provider of AI-powered coding assistant and productivity tools for developers and development teams. It provides users with a platform that automates code suggestion based on APIs and coding patterns. It leverages AI models to streamline and manage the code quality. Features include task management, code review, new engineer onboarding, and more.
- Website
- www.augmentcode.com/
- Social
- Email ID
- *****@augmentcode.com
Key Metrics
Founded Year
2022
Location
Palo Alto, United States
Stage
Series B
Total Funding
$252M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 25, 2024
Investors
Ranked
3rd among 144 active competitors
Employee Count
188 as on Feb 28, 2026
Legal entities associated with Augment
Augment is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Augment Computing, Inc, CIN: 881171425 , United States, Active | Apr 25, 2024 | - | 6 (As on Dec 31, 2022) | - |
Sign up to download Augment's company profile
Augment's funding and investors
Augment has raised a total funding of $252M over 3 rounds. Its first funding round was on Jan 01, 2024. Its latest funding round was a Series B round on Nov 04, 2024 for $*****. 1 investor participated in its latest round. Augment has 6 institutional investors.
Here is the list of recent funding rounds of Augment:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 04, 2024 | 7690443 | Series B | 8192487 | 2902805 | 1588611 | 3709269 |
Apr 25, 2024 | 4751282 | Series B | 2990954 | 1687035 | 1738007 | |
Jan 01, 2024 | 7590317 | Series A | 3321573 | 2765006 | 7908565 |
Access funding benchmarks and valuations. Sign up today!View details of Augment's funding rounds and investors
Augment's founders and board of directors
Founder? Claim ProfileHere are the details of Augment's key team members:
- Igor Ostrovsky: Co-Founder of Augment. They serve on the board of 1 company.Contact Info: 1 email address
- Guy Gur Ari: Co-Founder of Augment.
- Scott Dietzen: CEO of Augment. Contact Info: 1 email address
Augment's Board of Directors
Augment's board has 5 active members. Shardul Shah, Scott Dietzen, Igor Ostrovsky, Michael L. Speiser and Palmer Rampell are independent board members.Here is the list of Augment's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 8m | |
o{wdybd | Independent board member | - | Current | 1y 3m |
jrcqrks | Independent board member | - | Current | 4y 6m |
lbqnlwv | Independent board member | - | Current | 9y 5m |
djqjb{i | Independent board member | - | Current | 1y 3m |
View details of Augment's Founder profiles and Board Members
Augment's employee count trend
Augment has 188 employees as of Feb 26. Here is Augment's employee count trend over the years:
Uncover Augment's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Augment's Competitors and alternates
Top competitors of Augment include Tabnine, Cognition and Codegen. Here is the list of Top 10 competitors of Augment, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI powered coding assistant for developers | $102M | 66/100 | ||
2nd |  Cognition 2023, San Francisco (United States), Series C | Developer of an AI software engineer designed to automate coding tasks | $696M | 63/100 | |
3rd |  Augment 2022, Palo Alto (United States), Series B | Provider of AI-powered coding assistant and productivity tools for developers and development teams | $252M | 64/100 | |
4th |  Codegen 2023, San Francisco (United States), Acquired | AI-powered ticket resolution and code generation platform that aims to transform problem-solving, improve efficiency, and enhance coding capabilities | $16.2M | 58/100 | |
5th |  Magic AI 2022, San Francisco (United States), Series C | AI based code completion and generation solutions | $466M | 54/100 | |
6th | Sourcegraph 2013, San Francisco (United States), Series D | Developer of a platform for code search, analysis, and modification | $223M | 54/100 | |
7th |  Kavia AI 2024, San Francisco (United States), Seed | AI-powered workflow management platform | $1M | - | 51/100 |
8th | Cloud based AI assistant for developers | $30M | 47/100 | ||
9th |  Codiga 2018, San Francisco (United States), Acquired | Provider of static code analysis and code snippet management platform | $2.12M | 45/100 | |
10th | Cline 2024, Sacramento (United States), Series A | Developer of an AI autonomous coding agent integrated into various IDEs. | $32M | 44/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Augment's competitors? Click here to see the top ones
Augment's Investments and acquisitions
Augment has made no investments or acquisitions yet.
Reports related to Augment
Here is the latest report on Augment's sector:
News related to Augment
Media has covered Augment for a total of 7 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
•
•
Augment Code and Xoriant Partner to Accelerate Enterprise Growth with AI-Driven DevelopmentPR Newswire•Oct 28, 2025•Augment, Xoriant
•
AI Logistics Startup Augment Revolutionizes Freight With $85M Series Abitcoinethereumnews.com•Sep 05, 2025•Augment
•
Augment Raises $85M Series A to Supercharge Augie, The AI Teammate for LogisticsTMC•Sep 04, 2025•Augment, Shopify, 8VC, Redpoint Ventures and 8 others
•
•
Augment Code Launches AI Coding Assistant to Tackle Complex Software ProjectsVentureBeat•Apr 02, 2025•Augment
•
CoreWeave closes in on $35bn IPODCD•Feb 27, 2025•CoreWeave, Core Scientific, Cisco Systems Philippines, Nvidia and 18 others
•
Augment Receives Investment from Evolution Equity PartnersFinSMEs•Nov 04, 2024•Augment, Evolution Equity Partners
•
Augment Code Delivers AI Code Generation Platform to Rival GitHub CopilotDevOps•Oct 24, 2024•Augment
•
Augment Emerges from Stealth with $252M to Supercharge Software Development with AIMaginative•Apr 25, 2024•Augment, Index Ventures, Sutter Hill Ventures, Lightspeed Venture Partners and 11 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Augment
Explore our recently published companies
- Opt D - Pune based, 2023 founded, Unfunded company
- Plum - Surat based, 2020 founded, Unfunded company
- UTON Technologies - Palwal based, 2022 founded, Unfunded company
- Dripple - Kolkata based, 2022 founded, Unfunded company
- Area Locale - Toronto based, 2014 founded, Public company
- Zahrat - Noida based, 2025 founded, Unfunded company
