Augury
Predictive and Prescriptive AI for Industrial Manufacturing
Company Overview
Snapshot
Founded in August 2012 by Saar Yoskovitz and Gal Shaul, Augury operates with 201–500 employees. The company has raised a total of $369M across 8 funding rounds from 16 investors. In May 2022, Augury acquired Seebo, a process-based AI company.
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 core technology enables predictive maintenance and operational efficiency, helping customers eliminate production downtime, improve process efficiency, maximize yield, and reduce waste and emissions across various industries including Consumer Packaged Goods, Chemicals, Building Materials & Construction, Energy, Food & Beverage, Forest Products, Plastics, Pulp & Paper, Pharmaceuticals, Glass Manufacturing, and Steel Manufacturing.
Strategic signal
In July 2025, Augury announced workforce reductions, stating the cuts would help sharpen focus and fuel the next growth phase. This indicates a strategic pivot towards optimizing operations and resource allocation to target specific growth areas, signaling to investors a commitment to efficiency and a refined strategic direction for future expansion.
Log in to access full profile ›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.