{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6n6PEKDA","lastupdate":"2023-11-19T00:00:00.000Z","update_date":"2023-11-19T00:00:00.000Z","lastModified":"Jul 27, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"augury","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$FCBKLi761h9lX5BThLWUkIGy7tyhzQEHD9DoEhybmtQMGNJ4D8Hj8k.png","name":"Augury","oneliner":"Predictive and Prescriptive AI for Industrial Manufacturing","registrar":"514746155","website":"https://www.augury.com","careerspage":"http://www.augury.com/careers","founded_month":8,"founded_year":2012,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/augurysys","youtube":"https://www.youtube.com/channel/UC1hxtT-xcDLkHsC756iZ4yw","facebook":"https://www.facebook.com/augurysys","linkedin":"https://www.linkedin.com/company/augury-systems","instagram":""},"social":["https://twitter.com/augurysys","https://www.facebook.com/augurysys","https://www.youtube.com/channel/UC1hxtT-xcDLkHsC756iZ4yw","https://www.linkedin.com/company/augury-systems"],"flattenedsociallinks":"https://twitter.com/augurysys|https://www.facebook.com/augurysys|https://www.youtube.com/channel/UC1hxtT-xcDLkHsC756iZ4yw|https://www.linkedin.com/company/augury-systems","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"201-500","employees_exact":367,"patent":1,"raised":369000000,"stage":"F","public_stage":"F","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Puanf0LDA","primary_sector":"Industrial Technologies","alternativenames":null,"about":"Augury specializes in AI-driven Machine Health and Process Health solutions for manufacturing and industrial sectors. By integrating advanced artificial intelligence with the Internet of Things (IoT), Augury provides real-time insights into machine performance, enabling predictive maintenance and operational efficiency. Their solutions help customers eliminate production downtime, improve process efficiency, maximize yield, and reduce waste and emissions\n\nNewsWeek named Augury a Best Practice Institute as part of their 2025 Excellence Award.","climatetech_description":"Better running machines lead to more sustainable operations, with Machine Health customers can reduce waste generated by machine malfunctions related to quality issues, spare parts disposal, and energy consumption. According to CRANE’s model in the 2022 Eclipse Carbon Optimization (Eco) Report, Augury reduces emissions from rotating equipment by 12% annually. The model estimates that by 2024, Machine Health can reduce 26-76 metric tons of CO2 emissions. \n\nProcess Health customers can also optimize production lines for quality and throughput while cutting waste and energy costs. By preventing process inefficiencies, one customer reduced waste by 37%.","is_climatetech_relevant":1,"phone":"+972774395527","country":null,"address":{"israeli":[{"id":"43221254-dd4d-4e6b-9814-1a17bbde77a0","city":"Haifa","type":null,"address":"Derech HaAtsma'ut 39, Haifa, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null},{"id":"e4x1ZmbxKFUJvAg952mhfcz3vDW10tBmwLBd31IxjUP3v4ONcTsF9l","city":"Tel Aviv-Yafo","type":null,"address":"David Khakhami St, Tel Aviv-Yafo, Israel","placeid":"ChIJX8k5UXpLHRUR1qdr0NgFwbk","notactive":null,"openeddate":null,"registrarid":null,"firstrdcenter":null,"registrarname":null}],"officesabroad":[{"id":"dee830fb-9cc6-40d5-9549-479dabff97e5","city":"New York","address":"263 W 38th St, New York, NY, USA","country":"United States","placeid":null}]},"headquarter_address":null,"district":"Center District,North District","news":[{"id":"hVKfuY9Mb74qyYeLJc4pwnPNXbYlHtJhVRyZwATMxS8no12wV878h7","date":"Jul 10, 2025","link":"https://www.calcalistech.com/ctechnews/article/sk7t511thxx","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"layoffs","round":"Series F","company":"Augury","layoffs":60,"summary":"Augury, an Israeli industrial AI firm, is laying off about 60 employees, approximately 18% of its workforce, as part of a strategic restructuring to focus on growth and market leadership. Despite the layoffs, the company plans to recruit for new roles in service and sales to develop strategic partnerships and expand into new markets. Augury recently raised $75 million in a Series F round, led by Lightrock, bringing its total funding to $361 million. The company has achieved significant revenue growth and expanded its customer base, mainly among Fortune 500 companies. The layoffs are part of an effort to sharpen focus and fuel the next growth phase.","partners":"leading global manufacturers","customers":"Fortune 500 companies","eventType":null,"investors":["Lightrock","Insight Partners","Eclipse Ventures","Qumra Capital","Schneider Electric Ventures","Qualcomm Ventures"],"confidence":10,"key_topics":["layoffs","investment","growth","AI solutions","partnerships"],"date_of_event":"February 2023","product_stage":"released","investment_date":"February 2023","acquired_company":null,"valuation_amount":"$1 billion","impact_on_company":"growth-negative","investment_amount":"$75 million","structured_issues":["Layoffs","Investment","Expand","Customers","Partners"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Layoffs  #Investment  #Expand  #Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"hzSoeMRT1S9zs0H9GnykhRvDP70jE2xfQYX5swKOG2LOkXRurCVZt6","news_summary":"Israeli industrial AI firm says cuts will help sharpen focus and fuel next growth phase.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"UpnoefQu6xRnySgaZbjrrs9FSgX8MALVzRYPRINQjoQyMetVox4Eor","date":"Feb 19, 2025","link":"https://www.calcalistech.com/ctechnews/article/syzczu791x","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"AI expansion","round":"Series F","company":"Augury","layoffs":null,"summary":"Augury, a developer of AI-driven solutions for machine health, has raised $75 million in a Series F funding round, bringing its valuation to over $1 billion. The funding, led by Lightrock, will support Augurys expansion and enhance its AI solutions for global manufacturers. The company has seen significant growth since its last funding round in 2021, including a fivefold increase in revenue and a tripling of its Fortune 500 customer base. Augury plans to use the funds to reach profitability and accelerate growth, with an IPO on the horizon. The company has also appointed Elan Greenberg as COO to support its expansion efforts.","partners":null,"customers":["Colgate-Palmolive","PepsiCo","Nestlé","DuPont","ICL","Osem-Nestlé","Bazan"],"eventType":null,"investors":["Lightrock","Insight Partners","Eclipse Ventures","Qumra Capital","Schneider Electric Ventures","Qualcomm Ventures"],"confidence":9,"key_topics":["AI solutions","machine health","funding","expansion","IPO"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":"exceeding $1 billion","impact_on_company":"growth-positive","investment_amount":"$75 million","structured_issues":["Investment","Management Changes","Customers","Expand","Public Trading"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Management Changes  #Customers  #Expand  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"U2l85qjq2uVQBhwjGPtR5NCWXhrbOs5H4Yo0sUNuuvcQpiT77sZBiq","news_summary":"Augury secures $75M at over $1B valuation to scale industrial AI | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ONa6COTmvzYzOX9eB7SWm6hHnn5hf36aEz41RHHuTsd2qCCZB6YrEZ","date":"Nov 4, 2024","link":"https://www.calcalistech.com/ctechnews/article/bywuhml11kg","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"diversity","company":"Check Point","layoffs":null,"summary":"The article discusses a panel at the Power in Diversity conference, featuring leaders from various companies, including Check Point, HAAT Delivery, Augury, and Guesty. The panel focused on the importance of fostering diversity in the high-tech sector, especially during challenging times. Despite the difficulties of the past year, the panelists emphasized the need to maintain and promote diversity within organizations. They shared insights on how to encourage diversity through recruitment, management roles, and inclusivity. The discussion also touched on the challenges of political discussions within companies and the importance of separating politics from business operations. Overall, the panelists expressed optimism about the future of diversity in the industry.","partners":[],"customers":[],"investors":[],"confidence":9,"key_topics":["diversity","high-tech","recruitment","politics","community"],"date_of_event":"2024","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":[],"acquisition_amount":null,"entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"dFAVXVA2BXTKd9eLT7dRUYJ17C5UnDa2xT2FxUThCTxwCG7uGs0SDL","news_summary":"Dr. Hasan Abasi, CEO of HAAT Delivery, Gal Shaul, CPTO of Augury, Vered Raviv Schwarz, President of Guesty, and Dorit Dor, CTO of Check Point, spoke on a panel about how to address the challenges of diversity in 2024 during the Power in Diversity conference. ","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"xI38d8rGb5hRVffIt0zkVgIR2f5Cdl1vdAVVumkArmD8RyqDR9HbPz","date":"Nov 16, 2023","link":"https://www.bbc.com/news/technology-67144713","source":"www.bbc.com","visible":1,"analysis":{"tags":"AI, Manufacturing, Efficiency","company":"PepsiCo","layoffs":"N/A","summary":"PepsiCo is deploying AI-powered sensors created by tech firm Augury across its factories to increase efficiency and reduce waste. The sensors, which have been trained on large volumes of audio data, can detect faults such as wear on conveyor belts and bearings, and analyse machine vibrations. This allows for predictive maintenance and reduces the need for reactive measures. The technology also helps to cut down on waste by ensuring machines are working optimally. The use of AI in manufacturing is becoming increasingly conventional, with potential applications including capacity sharing between manufacturers and improving supply chain visibility.","partners":"Augury","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["AI Implementation","Factory Efficiency","Waste Reduction","Predictive Maintenance","Supply Chain Visibility"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers","Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Y60kc9zg7At6XZVdWy9bZf4YsPBVzor7uni1bnYj9RSehzLxYWV88b","news_summary":"How factories are deploying AI on production lines","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"IZP96BwOt79zf1nRgaqnJkqeX7gdhWIDVr2Dnr7F5SblShC0Dmp6y1","date":"Nov 15, 2023","link":"https://finance.yahoo.com/news/augury-ifs-ultimo-partner-transform-143500473.html","source":"finance.yahoo.com","visible":1,"analysis":null,"sentiment":null,"analysisId":"XVd7z9CzgMrwAh5Qgc6RnVq2AATPRmZukr7nwFKty5Akwq2n7lKCZY","news_summary":"Augury and IFS Ultimo Partner to Transform Asset Performance Operations","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"UerykhznBuYPtGHZXgVGBvAzSmZoH0RVuCsOY8O8zI1pieusz6WAEP","date":"Aug 2, 2023","link":"https://www.calcalistech.com/ctechnews/article/ryoxde00j3","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Layoffs, Acquisition","company":"Augury","layoffs":"70","summary":"Israeli startup Augury is laying off 70 employees, representing 18% of its total workforce. This is the second round of layoffs for the company this year, following the dismissal of 20 employees earlier. The layoffs will be equally distributed between its Israeli and international teams. Augury, which provides a mechanical diagnostics platform, acquired fellow Israeli company Seebo for around $100 million in May 2021. The company raised $180 million in a Series E round in October 2021, at a valuation of over $1 billion. The layoffs are part of a strategic plan to streamline operations and strive for profitability amid challenging market conditions.","partners":"Not mentioned","customers":"Not mentioned","investors":["Baker Hughes","SE Ventures","Insight Partners","Eclipse Ventures","Qumra Capital","Qualcomm Ventures LLC","HSB Fund of Munich Re Ventures","Lerer Hippeau"],"confidence":"9","key_topics":["Layoffs","Acquisition","Investment","Company Growth","Market Challenges"],"date_of_event":"Not mentioned","valuation_amount":"$1 billion","impact_on_company":"growth-negative","investment_amount":"$180 million","structured_issues":["Layoffs","Acquisition"],"acquisition_amount":"$100 million","structuredIssuesShow":"#Layoffs  #Acquisition","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"U4tFhenfnf8w4VS57gESeeA7XefEZ2ix836iwAPSdLQip5VNTCAo4g","news_summary":"Unicorn Augury cuts 18% of workforce in second round of layoffs | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"omahakNKYkBpLNJk6cD8LYlOB7FxRzfb8uF1KzH5674S5AgRORnoJp","date":"Jul 11, 2023","link":"https://www.frost.com/news/press-releases/augury-recognized-by-frost-sullivan-for-delivering-deep-insights-into-the-health-of-machines-processes-and-operations-with-pioneering-ai-driven-solutions/#:~:text=Augury%20Recognized%20by%20Frost%20%26%20Sullivan,increase%20businesses'%20return%20on%20investment.","source":"www.frost.com","visible":1,"analysis":{"tags":"Award, AI, IoT, Machine Learning, Industrial Analytics","company":"Augury","layoffs":"N/A","summary":"Frost & Sullivan has recognized Augury, a leading provider of AI software and hardware solutions for industrial and commercial environments, with the 2023 Global Company of the Year Award. Augurys products, which include machine health solutions and AI-driven machine diagnostics, help customers minimize maintenance costs and maximize productivity. The companys acquisition of Seebo has expanded its product portfolio to include Process Health. Augury is also planning to integrate conversational AI into its products, opening new opportunities for clients and future developments in the industrial analytics solutions industry.","partners":"Seebo","customers":"Not specified","investors":"N/A","confidence":9,"key_topics":["Award Recognition","Acquisition","Customer Growth","AI Integration","Product Expansion"],"date_of_event":"July 11, 2023","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers","Acquisition","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers  #Acquisition  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"DBf6D5Ngt2B7ISZxcO0DJKIsZkpARwE1MIGh9qiTliZAECzWGNgPhj","news_summary":"Augury Recognized by Frost & Sullivan for Delivering Deep Insights into the Health of Machines, Processes, and Operations with Pioneering AI-driven Solutions","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"aOZyFrzFFp1seG2y7p0j6USGGbCiLUG8dPjYWLzSetezyEaWSWbmSl","date":"Apr 24, 2023","link":"https://www.themarker.com/markets/2023-04-24/ty-article/.premium/00000187-aeee-d3b7-abcf-bfeec1620000?_atscid7_134353_204082920_2403710_0_Txtetaxjxdshwhus8sp","source":"www.themarker.com","visible":1,"analysis":{"tags":"Artificial Intelligence, Manufacturing","company":"Bazan","layoffs":"N/A","summary":"Bazan is deepening its involvement in the Industry 4.0 sector and expanding its collaboration with unicorn Augury, which specializes in manufacturing health. Augury develops AI-based IoT sensors that connect to machines on production lines. The sensors provide predictions for specific faults and their occurrence timing, providing Bazan with a fourfold return on investment in the service purchase.","partners":"Augury","customers":"N/A","investors":"N/A","confidence":9,"key_topics":"Industry 4.0, Augury, IoT, AI, Manufacturing","date_of_event":"April 24, 2023","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners, Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Partners, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"eQct8JMvZbjmdJijorDGn5LjVYTbPbQnLoy5ADoSIZY9egIOFSB0g3","news_summary":"בזן מכניסה את הבינה המלאכותית של החד־קרן אוגורי לתהליך הייצור","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"uBQhozkWwcTrSkoEgyCj5AgpoKMfd8kcvUEofruiMEZkL2ekc4s0Gu","date":"Mar 25, 2023","link":"https://www.calcalist.co.il/articles/0,7340,L-3961888,00.html?_atscid7_134353_204082920_2390337_0_Txtetaxjxdshwhus8sp","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"Growth, Technology","company":"Augury","layoffs":"Not mentioned","summary":"Augury, a start-up founded by Saar Yoskovitz and his partner Gal Shaul, has developed a product that listens to machines and identifies faults in advance. After spending two and a half years in a garage and using up their savings, they built their software and hardware product and acquired their first American customer. Today, Augury optimizes the production lines of giant companies like Pepsi, Budweiser, and Colgate-Palmolive, saving them millions and reducing their customers emissions by an average of 20%. A year and a half ago, they crossed the billion-dollar valuation mark and this year reached revenues of fifty million, which they believe they will double in the coming year.","partners":"Not mentioned","customers":"Pepsi, Budweiser, Colgate-Palmolive","investors":"Not mentioned","confidence":8,"key_topics":["Software Development","Hardware Development","First American Customer","Revenue Growth","Industry Challenges"],"date_of_event":"Not mentioned","valuation_amount":"Billion Dollar","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":["Customers","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"UFm3ZO9x0osva6EILnDMUugsetYs25p3D9ITgnaVaMDQ29o0kvGm6N","news_summary":"כך נולד הסטארט-אפ ששומר על מכונות הייצור","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"tLZXzK9HCCRXJ0IsYHbMT0o2y6yBz2lI87X6bY8pHuxHqNpp4Lvsx6","date":"Jan 4, 2023","link":"https://www.calcalistech.com/ctechnews/article/skiu0xx9j","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Layoffs, Acquisition","company":"Augury","layoffs":"20","summary":"Augury, a mechanical diagnostics platform provider, is laying off 20 employees, which is a 5% reduction of its total workforce. This comes after the companys acquisition of Seebo for $100 million in May 2021 and a $180 million Series E funding round in October 2021, which valued the company at over $1 billion. Despite the layoffs, Augury plans to double its revenue in 2023 and continue hiring according to its work plan and client needs.","partners":null,"customers":null,"investors":["Baker Hughes","SE Ventures","Insight Partners","Eclipse Ventures","Qumra Capital","Qualcomm Ventures LLC","HSB Fund of Munich Re Ventures","Lerer Hippeau"],"confidence":9,"key_topics":["Layoffs","Acquisition","Investment","Revenue Growth","Employee Dismissal"],"date_of_event":"Not specified","valuation_amount":"$1 billion","impact_on_company":"growth-negative","investment_amount":"$180 million","structured_issues":["Layoffs","Acquisition"],"acquisition_amount":"$100 million","structuredIssuesShow":"#Layoffs  #Acquisition","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"nwGm6BRSu97er0jYOppXL8GZbShJufSMzfVbZcYM5sKLtGuV9GjCxP","news_summary":"Unicorn Augury laying off 5% of team | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c8d382f2-038d-45c2-91c5-01128e3aa254","date":"May 10, 2022","link":"https://www.calcalist.co.il/ctechnews/article/r1m00v6wuc","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"Acquisition, Expansion","company":"Augury","layoffs":"None","summary":"Augury, an Israeli company that develops IoT and industrial AI solutions, is acquiring fellow Israeli company Seebo for a combination of cash and stock valued at between $100 million and $200 million. Seebo develops process-based artificial intelligence and will add to Augurys machine health solutions. The transaction is expected to close at the end of May, with Seebos founders and executives joining Augurys management team. All 85 of Seebo’s employees will also join the Augury team.","partners":"Not mentioned","customers":["Colgate","PepsiCo","ICL","Essity"],"investors":["Baker Hughes","SE Ventures","Insight Partners","Eclipse Ventures","Qumra Capital","Qualcomm Ventures LLC","HSB Fund of Munich Re Ventures","Lerer Hippeau","Vertex Ventures","10D","The Phoenix","Viola","TPY","Leumi Partners"],"confidence":9,"key_topics":["Acquisition","Artificial Intelligence","Manufacturing","Machine Health Solutions","Expansion"],"date_of_event":"Not specified","valuation_amount":"Over $1 billion","impact_on_company":"growth-positive","investment_amount":"Augury: $286 million, Seebo: $53 million","structured_issues":["Acquisition","Expand"],"acquisition_amount":"$100 million - $200 million","structuredIssuesShow":"#Acquisition  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"FrWgPi8pCYT9QqiIyETSER4rzpkZTfx3XU22xSATtxpIrdskTc1ErG","news_summary":"Augury acquires process-based AI company Seebo for $100 million  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c504bb13-d353-43ea-aca6-7566ec7850cb","date":"Feb 25, 2022","link":"https://www.israelhayom.co.il/tech/article/8569359","source":"www.israelhayom.co.il","visible":1,"analysis":null,"sentiment":null,"analysisId":"8hakZSDtto8k1L459PzmNITWY6cyVKs9OscFxaZUt07C6Bt2tDF1sx","news_summary":"https://www.israelhayom.co.il/tech/article/8569359","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"f9acb0c1-5f9f-438d-81f5-96b62398f367","date":"Oct 26, 2021","link":"https://en.globes.co.il/en/article-israeli-machine-health-co-augury-raises-180m-1001388668","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Investment, Valuation, Expansion","company":"Augury","layoffs":"N/A","summary":"Israeli AI-based machine health monitoring company Augury has raised $180 million in a Series E financing round, bringing its valuation to over $1 billion and making it a unicorn. The round was led by Baker Hughes and included participation from new investor SE Ventures and existing investors. The funds will be used to expand globally, create offerings for new industries such as energy, and continue to innovate in Augury’s core manufacturing market. Augurys machine health solutions can deliver a return on investment of between three-fold and ten-fold for customers, with programs paying for themselves within months.","partners":"N/A","customers":["Colgate-Palmolive","PepsiCo","Hershey’s","ICL","Roseburg"],"investors":["Baker Hughes","SE Ventures","Insight Partners","Eclipse Ventures","Qumra Capital","Qualcomm Ventures LLC","HSB Fund of Munich Re Ventures","Lerer Hippeau"],"confidence":"10","key_topics":["Series E Financing","Machine Health","AI","IoT","Expansion"],"date_of_event":"October 26, 2021","valuation_amount":"$1 billion","impact_on_company":"growth-positive","investment_amount":"$180 million","structured_issues":["Investment","Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"3iYYpshTlWSwf5mpbH6MDAcCEu89v6WfRmU9UsQeyL6lv7bFDP2czP","news_summary":"Israeli machine health co Augury raises $180m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"186527bf-7729-4e38-8166-8a914d500266","date":"Oct 26, 2021","link":"https://www.businesswire.com/news/home/20211026005681/en/","source":"www.businesswire.com","visible":1,"analysis":null,"sentiment":null,"analysisId":"B7mIQE3Xj74hQr3mDWNMNE78ds7YQKX8nwwuRmWCiJtfmEMMFHGF3h","news_summary":"Baker Hughes and Augury Announce Alliance to Add Machine Health Capability to Baker Hughes Asset Performance Portfolio","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"35cfe58b-ac14-4d98-a5ab-54a80d5f36c0","date":"Dec 8, 2020","link":"https://www.jpost.com/health-science/augury-the-israeli-ai-start-up-that-detects-factory-errors-ahead-of-time-651452","source":"www.jpost.com","visible":1,"analysis":{"tags":"AI, IIoT, Machine Health","company":"Augury","layoffs":"Not mentioned","summary":"Augury, an Israeli industrial Internet of Things (IIoT) company, has developed sensors and smart devices that monitor machine activity and predict future failures. 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Seebo develops a cloud-based software that enables manufacturers to turn existing machinery into smart, connected systems that report their health and usage data. Customers include Multotec Process Equipment, DuraBrite Lighting Solutions, and Stanley Black & Decker. Augury Systems uses ultrasonic vibration sensors to record sounds produced by industrial machinery, transmit them to the cloud, and then analyses them using machine learning algorithms. 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This means the AI can learn to translate between language pairs its never been taught and pick up on what our gadgets and appliances are trying to tell us.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":["Artificial Intelligence","Machine Learning","Voice Control","Deep Learning","Sound Diagnosis"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":"Investment","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"wgxWPkqZhWx8H2jxDMmnwjYbroILwIiIJT9VGnumXkfClYH1GQKv6P","news_summary":"New AI listens to appliances to predict when they'll break","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c1cacd37-705b-4a53-83bd-40f0ccdf4a03","date":"Aug 27, 2015","link":"http://www.globes.co.il/en/article-israeli-internet-of-things-co-augury-raises-7m-1001064732","source":"www.globes.co.il","visible":1,"analysis":{"tags":"Investment, Expansion","company":"Augury","layoffs":"Not mentioned","summary":"Predictive machine diagnostics company Augury has raised $7 million in a Series A funding round. 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