Augury Raises $75M Series F to Introduce Agentic-AI for Industrial Optimization
Augury’s AI-driven reliability and process optimization technology enables Fortune 500 manufacturers to improve operational efficiency and reduce costs.
Company Name: Augury Inc.
Location: NYC, Haifa, and Tel Aviv, Israel
Industry: Industrial AI
Funding Details:
- Amount: $75M (Series F)
- Investors:
- Lead: Lightrock
- Participants: Insight Partners, Eclipse, Qumra Capital, Schneider Electric Ventures, Qualcomm Ventures
Purpose of Investment:
- Develop and introduce Agentic-AI capabilities for industrial operations
- Enhance AI-driven reliability and process optimization for manufacturers
- Expand global reach and industry applications
Leadership:
- Co-founder & CEO: Saar Yoskovitz
Product:
Augury provides AI-powered Machine Health and Process Health solutions, using purpose-built AI models trained on extensive industry data to:
- Eliminate production downtime
- Improve process efficiency and maximize yield
- Reduce waste and emissions
About the Company:
Augury’s AI-driven reliability and process optimization technology enables Fortune 500 manufacturers to improve operational efficiency and reduce costs. Since its last funding round in 2021, the company has experienced:
- 5x revenue growth
- Tripled its customer base among Fortune 500 manufacturers
- Expanded product offerings from asset performance and reliability to AI-driven process optimization
Future Plans:
With this funding, Augury will advance its Agentic-AI capabilities, further optimize industrial AI applications, and scale adoption across global manufacturing and industrial sectors.
