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- Auger
Auger Funding, Investors & Competitors
Auger has raised $350M across 3 funding rounds, most recently a $50M Series B in July 2026.
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
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2026 | Series B | Eclipse Ventures (lead); Oak HC/FT | $50M | - |
| Jun 2026 | Series A | Insight Partners (lead); Oak HC/FT (lead) | $200M | Auger 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 2024 | Series A | Oak HC/FT (lead) | $100M | Auger 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Oct 2024 | ||
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Start Free TrialAuger Competitors
Auger competitors include listed companies like Snowflake and Manhattan Associates, and private ones like Anthropic, OpenAI, DeepSeek and Safe Superintelligence.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x | ||
| Private | - | - | $50B | - | ||
| Private | - | - | $32B | - | ||
| Publicly listed | $1.1B | $288M | $12B | 10.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $108M | ($658M) | 422.9x | 65.9x | (69.4x) | (73.0x) | |||
| $130M | ($531M) | 109.9x | 40.3x | (26.9x) | (39.1x) | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
| $79M | ($1.9B) | 131.8x | - | (5.5x) | - | |||
| $729M | $305M | 8.8x | 8.1x | 21.1x | 17.7x | |||
| $53B | $1.1B | 0.2x | 0.2x | 8.7x | 6.6x | |||
This data is available for Pro users. Sign up to see all Auger competitors and their valuation data. Start Free Trial | ||||||||
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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