Auger Funding, Investors & Competitors

Auger has raised $350M across 3 funding rounds, most recently a $50M Series B in July 2026.

See full Auger profile

Last Auger funding round

$50M

Series B · Jul 2026

Cumulative funding Auger raised

$350M

across 3 funding rounds

Key investors in Auger

  • Oak HC/FT
  • Insight Partners
  • Eclipse Ventures

Auger Overview

About Auger

Auger is a Bellevue, Washington-based company building an AI-powered operating system for supply chain management. Founded in 2024 by former Amazon Consumer CEO Dave Clark, the company unifies data from existing inventory and business systems so that midsize and large businesses can get real-time insights through simple text queries, replacing fragmented spreadsheets and disconnected software. Its platform is designed to automate planning, forecasting, and financing decisions across global supply chains.


Founded

2024

HQ

United StatesUnited States

Website

auger.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Auger Funding History

Auger has raised a total of $350M across 3 funding rounds.

Auger's first fundraising round was a $100M Series A in October 2024. The most recent completed round was a $50M Series B in July 2026.

Auger funding rounds

Auger funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2026Series BEclipse Ventures (lead); Oak HC/FT$50M-
Jun 2026Series AInsight Partners (lead); Oak HC/FT (lead)$200MAuger raised $200 million in a Series A funding round led by Oak HC/FT and Insight Partners on June 3, 2026. The company said the capital will support development of its autonomous supply chain operating system, with the stated mission of bridging the gap between intent and execution in global supply chains. Auger is Bellevue-based and provides AI-powered logistics software for supply chain operations and optimization. Founded by Dave Clark in 2024, the company had previously raised a $100 million seed round and has now raised $300 million in total equity funding. The company is backed by Oak HC/FT and Insight Partners and is focused on building an autonomous AI operating system for supply chain execution.
Oct 2024Series AOak HC/FT (lead)$100MAuger is an AI-powered supply chain management software startup founded by Dave Clark, former Amazon Consumer CEO and brief Flexport CEO, launched in summer 2024 and headquartered in Bellevue, Washington. The company raised $100 million in a seed or Series A round entirely from Oak HC/FT, announced around October 8, 2024, with plans to grow to 30-40 employees in the next six months. Auger's platform aims to unify data sources, provide real-time insights via simple text queries, and optimize planning, forecasting, and financing for midsize to large businesses with global supply chains, targeting inefficiencies from fragmented systems like Excel workarounds. The platform integrates with existing inventory management systems using AI and machine learning for automated insights, focusing initially on U.S. companies with potential expansion to government and defense. Oak HC/FT partner Matt Streisfeld highlighted Auger's potential to redefine global supply chains as a true operating system. Clark drew from his Amazon experience building consumer-like simplicity for enterprise supply chains and lessons from Flexport, where he aimed to implement similar solutions but faced misalignment. The startup positions itself against 'Franken-software' in logistics, promising a single pane of glass for decision-making without specialized training.

Who has invested in Auger?

3 investors have backed Auger across its funding rounds, including Oak HC/FT, Insight Partners and Eclipse Ventures.

Lead investors include Eclipse Ventures, Insight Partners and Oak HC/FT.


Auger Investors

Investors in Auger by funding rounds participated
InvestorHQRoundsRoleFirst check
Oak HC/FTUnited StatesGreenwich, CT3LeadOct 2024

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Auger Competitors

Auger competitors include listed companies like Snowflake and Manhattan Associates, and private ones like Anthropic, OpenAI, DeepSeek and Safe Superintelligence.

Public and private companies comparable to Auger
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
DeepSeekChinaHangzhouPrivate--$50B-
Safe SuperintelligenceUnited StatesSan Francisco, CAPrivate--$32B-
Manhattan AssociatesUnited StatesUnited StatesPublicly listed$1.1B$288M$12B10.6x

Auger Public Comps

Auger is still privately-owned, but its public comps include Palantir, Snowflake, Z.ai, IonQ, Manhattan Associates, MiniMax Group, Descartes Systems Group, Ingram Micro, Presight AI and HopeRun.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Z.ai$108M($658M)422.9x65.9x(69.4x)(73.0x)
IonQ$130M($531M)109.9x40.3x(26.9x)(39.1x)
Manhattan Associates$1.1B$288M11.2x10.6x42.2x29.7x
MiniMax Group$79M($1.9B)131.8x-(5.5x)-
Descartes Systems Group$729M$305M8.8x8.1x21.1x17.7x
Ingram Micro$53B$1.1B0.2x0.2x8.7x6.6x

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Common questions about Auger

When was Auger founded?Auger was founded in 2024.
Where is Auger headquartered?Auger is headquartered in United States.
Is Auger publicly listed?No, Auger is a private, VC-backed company.
How much funding has Auger raised?Auger has raised $350M across 3 funding rounds.
What was Auger's last funding round?Auger's last funding round was a $50M Series B in July 2026, led by Eclipse Ventures.
Who are Auger's investors?Auger's investors include Oak HC/FT, Eclipse Ventures and Insight Partners.
Which companies are comparable to Auger?Companies comparable to Auger include Anthropic, OpenAI, Snowflake, DeepSeek, Safe Superintelligence and Manhattan Associates.

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