Augury

Augury is an Industrial IoT company that brings predictive maintenance to new markets with cutting-edge machine learning and AI technology.

Augury’s mission is to build a world where people can always rely on the machines that matter, by providing its customers with superior insights into the health and performance of the machines they use to make products, deliver services and improve lives.

Augury was founded in Israel in 2012 by Saar Yoskovitz and Gal Shaul. The company is headquartered in New York, with an office in Haifa, Israel.

 

Augury’s full-stack IIoT solution and turnkey approach uncovers machine health blindspots and provides value to industrial customers from day one and drives scalable performance from the plant to the global level.

 

Augury's Machine Health solutions combine advanced sensors with powerful AI capabilities and collaboration tools to help teams understand when machines are at risk.

 

Augury’s customers include some of the world’s top manufacturers, including Colgate-Palmolive, PepsiCo, Hershey’s, ICL and Roseburg. The company’s Machine Health solutions deliver an ROI of 3x-10x for customers, with programs paying for themselves within months.

 

Augury is backed by Insight Partners, Qualcomm Ventures, Baker Hughes, Eclipse Ventures, Sound Ventures, Munich Re Ventures, Qumra Capital, Pritzker Group, SE Ventures, and others. The company raised $180M in a new round on Oct 26, 2021. This brings Augury's total funding to $294M to date. The latest round mints Augury a unicorn with a valuation of over $1B post-money.

 

 

  • Year founded: 2012
  • Funding Info: $294M over 6 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at over $1B as of Oct 26, 2021
  • City/Town: New York
  • State: New York
  • Country: United States
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