Augment's 'Augie' pulls in $85M Series A to automate the freight back office

Augment, an AI logistics startup founded by Deliverr co-founder Harish Abbott, has raised an $85 million Series A led by Redpoint, with participation from 8VC and Autotech Ventures. The round brings total capital raised to $110 million in roughly five months.

The company's AI assistant, Augie, takes over repetitive work for freight shippers, carriers and brokers, and the company says it already supports more than $35 billion in freight under management across dozens of shippers and brokerages. At one customer, Armstrong Transport Group, Augie helped cut invoice delays by 40% and accelerate billing by eight days. Augment plans to add more than 50 engineers, deepen integrations with transportation management systems and scale its infrastructure.

Why it matters

Logistics runs on tedious, document-heavy coordination, exactly the kind of work newer 'AI teammate' products aim to absorb. Augment's rapid stacking of capital reflects investor appetite for vertical AI that plugs into existing operational systems, and adds another fast-scaling AI company to Austin's roster.

Augie already supports over $35 billion in freight under management across dozens of leading shippers and brokerages.— Augment, Series A announcement