Augury

Company Overview

Snapshot

Founded in August 2012 by Saar Yoskovitz and Gal Shaul, Augury has grown to 201–500 employees. The company has raised a total of $369M across 8 funding rounds from 16 investors. In May 2022, Augury acquired process-based AI company Seebo.

Business overview

Augury specializes in AI-driven Machine Health and Process Health solutions for the manufacturing and industrial sectors. The company integrates advanced artificial intelligence with the Internet of Things (IoT) to provide real-time insights into machine performance. Their solutions enable predictive maintenance, enhance operational efficiency, eliminate production downtime, maximize yield, and reduce waste and emissions across various industries, including consumer packaged goods, chemicals, building materials, energy, food & beverage, forest products, plastics, pulp & paper, pharmaceuticals, glass, and steel manufacturing.

Strategic signal

This investment signals continued investor confidence in Augury's industrial AI platform and its potential to scale operations and further penetrate global manufacturing markets, reinforcing its position as a key player in predictive maintenance and operational optimization.

Company Intelligence Q&A

What was a significant recent strategic move by Augury?

In July 2025, Augury announced workforce reductions, indicating a strategic move to sharpen its focus and fuel its next growth phase. This suggests an internal restructuring aimed at optimizing operations and resource allocation.

What was a key acquisition for Augury?

In May 2022, Augury acquired Seebo, a process-based AI company, enhancing its capabilities in AI-driven solutions for industrial manufacturing.

What recognition did Augury receive in 2023?

In July 2023, Frost & Sullivan recognized Augury for its pioneering AI-driven solutions that deliver deep insights into the health of machines, processes, and operations, highlighting the company's impact on increasing businesses' return on investment.