Augury Overview
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 NewsWeek named Augury a Best Practice Institute as part of their 2025 Excellence Award.
Cumulative Funding Raised Over Time ($)
$7.0MAug 2015
$15.0MDec 2019
$90.0MFeb 2025
$115.0MJan 2019
$132.0MJun 2017
$134.0MOct 2014
$189.0MOct 2020
$369.0MOct 2021
Latest News
growth-negative
Israeli industrial AI firm says cuts will help sharpen focus and fuel next growth phase.
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.
LayoffsInvestmentExpandCustomersPartners
growth-positive
Augury secures $75M at over $1B valuation to scale industrial AI | CTech
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.
InvestmentManagement ChangesCustomersExpandPublic Trading
growth-positive
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.
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.
growth-positive
How factories are deploying AI on production lines
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.
CustomersPartners
Augury and IFS Ultimo Partner to Transform Asset Performance Operations
| Sector | Industrial Technologies |
Funding
| Total funding | $369M |
| Last funding | $75M |
| Stage | F |
| Rounds | 8 |
| Investors | 16 |
Team Members
10
Employees: 201-500
Web & Social Links
| Website | www.augury.com |
| Careers | Careers page |
Locations
Derech HaAtsma'ut 39, Haifa, Israel
David Khakhami St, Tel Aviv-Yafo, Israel
263 W 38th St, New York, NY, USA
Photos & Videos
3 item(s)
Augury Business
Business models
B2B
Product stage
Released
Employees
201-500
Sector
Climate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy UsageIndustrial TechnologiesOperational Optimization SolutionsTarget Customer
Industrial ManufacturingProcess IndustriesGlassPlasticsCementChemicals & PetrochemicalsWoodHybrid IndustriesMetalsPulp & PaperFood & BeveragesDiscrete IndustriesPackaging & ContainersEnergy, Utilities & Waste ManagementUtilitiesWater UtilitiesHealthcare & Life SciencesLife SciencesPharmaceuticalsCore Technology
CommunicationsIOTArtificial IntelligenceMachine LearningTags (24)
climate-techindustrial-applicationsdiagnosticsmanagement-solutionsmobile-applicationsbig-dataiotmachine-learningunicorn-2021maintenanceartificial-intelligencepredictive-maintenanceindustry-4.0pharmaceuticalslogisticsconsumer-packaged-goodswater-utilitiesconsumer-goodspharma-companieswaste-waterfood-and-beveragewater-treatmentmonitoringforestrySolutions
{"title":"Consumer Packaged Goods","description":"Augury offers an AI-driven Machine Health solution for CPG manufacturers, leveraging IoT sensors and AI to predict and prevent machine failures, optimize production, reduce waste, and improve sustainability across their operations.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Chemicals","description":"Augury provides an AI-driven Machine Health as a Service (MHaaS) solution that uses sensors and AI diagnostics to predict and prevent machine failures, optimizing asset performance and operational efficiency in industrial settings.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Building materials & Construction","description":"Augury provides AI-powered machine health solutions using IoT sensors and diagnostics to enable predictive maintenance, prevent equipment failures, optimize performance, and reduce unplanned downtime in industrial settings.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Energy","description":"Augury provides an AI-driven Machine Health and Performance platform for the energy sector, enabling predictive maintenance, reducing unplanned downtime, optimizing asset performance, and enhancing operational efficiency and safety.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Food & Beverage","description":"Augury provides AI-driven Machine Health solutions for predictive maintenance, preventing equipment downtime and optimizing operations in the Food & Beverage industry.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":3,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}}]}
{"title":"Forest Products","description":"Augury provides AI-driven machine health solutions for the forest products industry, utilizing sensors and diagnostics to predict and prevent equipment failures, optimize production, and reduce operational costs.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":1,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":3,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}}]}
{"title":"Plastics","description":"Augury provides AI-driven machine health and predictive maintenance solutions for the plastics industry to prevent unexpected downtime, optimize production, reduce waste, and improve energy efficiency.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Pulp & Paper","description":"Augury provides AI-driven machine health and performance solutions for the Pulp & Paper industry, leveraging predictive maintenance to eliminate unplanned downtime, reduce costs, improve production quality, and enhance safety and sustainability.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Pharmaceuticals","description":"Augury Pharma provides an AI-driven Machine Health solution for pharmaceutical manufacturing, leveraging IoT and AI to predict and prevent equipment failures, optimize production, and ensure product quality and compliance.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Glass Manufacturing","description":"Augury provides AI-driven machine health solutions for the glass industry, leveraging predictive maintenance to prevent unplanned downtime, optimize production, and improve product quality.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Steel Manufacturing","description":"Augury provides AI-driven machine health and predictive maintenance solutions for the steel industry, utilizing IoT sensors and diagnostics to prevent unplanned downtime, optimize asset performance, and improve operational efficiency and sustainability.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
Consumer Packaged GoodsChemicalsBuilding materials & ConstructionEnergy Food & BeverageForest ProductsPlasticsPulp & PaperPharmaGlassSteelGeographic Markets
Southern EuropeAmericasNorthern EuropeSouth AmericaNorth AmericaWestern EuropeEastern EuropeEuropeAsiaUnited StatesCentral AmericaAugury Financials
$369M
Total funding
Undisclosed
Capital raised
$75M
Last funding
F
Funding stage
8
Total rounds
16
Investors
Cumulative Funding Raised Over Time ($)
$7.0MAug 2015
$15.0MDec 2019
$90.0MFeb 2025
$115.0MJan 2019
$132.0MJun 2017
$134.0MOct 2014
$189.0MOct 2020
$369.0MOct 2021
Private Equity Funding
F Round
Feb 2025
$75M
Lighrtock (Lead)
,
Qumra Capital, Insight Partners, Discount Capital, Eclipse Ventures
E Round
Oct 2021
$180M
Baker Hughes (Lead)
,
Qualcomm Ventures, SE Ventures, Insight Partners, La Maison Partners, Qumra Capital, Lerer Hippeau Ventures, Eclipse Ventures, Munich Re Ventures
D Round
Oct 2020
$55M
Qumra Capital (Lead)
,
Qualcomm Ventures, Lerer Hippeau Ventures, La Maison Partners, Insight Partners, Eclipse Ventures, Munich Re Ventures
Undisclosed Round
Dec 2019
$8M
Qualcomm Ventures
C Round
Jan 2019
$25M
Eclipse Ventures, Pritzker Group Venture Capital, Insight Partners, Lerer Hippeau Ventures, Munich Re Ventures
B Round
Jun 2017
$17M
Eclipse Ventures, Munich Re Ventures
A Round
Aug 2015
$7M
Formation 9, Lerer Hippeau Ventures, First Round Capital, Pritzker Group Venture Capital, Eclipse Ventures
Seed
Oct 2014
$2M
First Round Capital, Demarest Media, Howard Morgan
Mergers & Acquisitions
MNAEvent
May 2022
$100M
MNAEvent
Jan 2019
Undisclosed
Augury Lifecycle
Cumulative Funding Raised Over Time
$7.0MAug 2015
$15.0MDec 2019
$90.0MFeb 2025
$115.0MJan 2019
$132.0MJun 2017
$134.0MOct 2014
$189.0MOct 2020
$369.0MOct 2021
All Events
F Round
Feb 2025
$75M
Lighrtock (Lead)
,
Qumra Capital, Insight Partners, Discount Capital, Eclipse Ventures
E Round
Oct 2021
$180M
Baker Hughes (Lead)
,
Qualcomm Ventures, SE Ventures, Insight Partners, La Maison Partners, Qumra Capital, Lerer Hippeau Ventures, Eclipse Ventures, Munich Re Ventures
D Round
Oct 2020
$55M
Qumra Capital (Lead)
,
Qualcomm Ventures, Lerer Hippeau Ventures, La Maison Partners, Insight Partners, Eclipse Ventures, Munich Re Ventures
Undisclosed Round
Dec 2019
$8M
Qualcomm Ventures
C Round
Jan 2019
$25M
Eclipse Ventures, Pritzker Group Venture Capital, Insight Partners, Lerer Hippeau Ventures, Munich Re Ventures
B Round
Jun 2017
$17M
Eclipse Ventures, Munich Re Ventures
A Round
Aug 2015
$7M
Formation 9, Lerer Hippeau Ventures, First Round Capital, Pritzker Group Venture Capital, Eclipse Ventures
Seed
Oct 2014
$2M
First Round Capital, Demarest Media, Howard Morgan
MNAEvent
May 2022
$100M
MNAEvent
Jan 2019
Undisclosed
Augury News
25 articles
growth-negative
Israeli industrial AI firm says cuts will help sharpen focus and fuel next growth phase.
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.
LayoffsInvestmentExpandCustomersPartners
growth-positive
Augury secures $75M at over $1B valuation to scale industrial AI | CTech
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.
InvestmentManagement ChangesCustomersExpandPublic Trading
growth-positive
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.
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.
growth-positive
How factories are deploying AI on production lines
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.
CustomersPartners
Augury and IFS Ultimo Partner to Transform Asset Performance Operations
growth-negative
Unicorn Augury cuts 18% of workforce in second round of layoffs | CTech
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.
LayoffsAcquisition
growth-positive
Augury Recognized by Frost & Sullivan for Delivering Deep Insights into the Health of Machines, Processes, and Operations with Pioneering AI-driven Solutions
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.
CustomersAcquisitionExpand
growth-positive
בזן מכניסה את הבינה המלאכותית של החד־קרן אוגורי לתהליך הייצור
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.
PartnersExpand
Growth-Positive
כך נולד הסטארט-אפ ששומר על מכונות הייצור
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.
CustomersExpand
growth-negative
Unicorn Augury laying off 5% of team | CTech
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.
LayoffsAcquisition
growth-positive
Augury acquires process-based AI company Seebo for $100 million CTech
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.
AcquisitionExpand
https://www.israelhayom.co.il/tech/article/8569359
growth-positive
Israeli machine health co Augury raises $180m
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.
InvestmentExpand
Baker Hughes and Augury Announce Alliance to Add Machine Health Capability to Baker Hughes Asset Performance Portfolio
growth-positive
https://www.jpost.com/health-science/augury-the-israeli-ai-start-up-that-detects-factory-errors-ahead-of-time-651452
Augury, an Israeli industrial Internet of Things (IIoT) company, has developed sensors and smart devices that monitor machine activity and predict future failures. The company, founded in 2011, combines artificial intelligence and IIoT technology to provide real-time monitoring and maintenance of industrial machinery. Since its inception, Augury has raised $106 million in funding. The company has seen significant growth during the coronavirus pandemic, with increased demand from customers such as Colgate, Heineken, Danone, Tnuva, ICL, and Mekorot.
CustomersInvestment
Augury Raises $55 Million Series D Funding to Sustain Rapid Growth, Announces New Global Partnerships and Capabilities
DSV Air & Sea and Augury Extend Machine Health Ecosystem to Enable Diagnostics-Driven Parts and Logistics Management
Augury Delivers New Features and Services to Keep Machines and People Healthier and More Productive in Critical Industrial Facilities
growth-positive
Grundfos partners with Augury on smart diagnostics
AI-based digital machine health technology provider Augury has entered into a long-term strategic partnership with Grundfos. The partnership aims to develop smart diagnostic solutions and services for Grundfos customers. The two companies have been working together over the past two years to test new products and services across several markets and industries. They will now offer a range of services and new business models enabled by connected equipment for water and utility infrastructure.
Partners
Augury Secures $25M Series C to Grow Impact on Machine Health, Completes Acquisition of Alluvium
growth-positive
Two Israeli Internet of Things Startups Aim to Reduce Industrial Maintenance Costs
Israeli start-ups Seebo and Augury Systems showcased their industrial internet of things (IoT) technology at Calcalist’s Conference on Israeli Industry. 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. The company has raised $26 million to date.
CustomersInvestment
growth-positive
Cool Vendors in Acoustic Technologies for Predictive Maintenance
Gartner has published research indicating that predictive maintenance has become a key driver for the Internet of Things (IoT) and Artificial Intelligence (AI) in industrial operations. The research suggests that acoustic technologies can provide enterprise architecture and technology innovation leaders with less intrusive and quick-to-implement ways to improve operational efficiency and performance in industrial segments.
Customers
Augury Secures $17 Million Series B Funding Round to Power the Future of IIoT
growth-positive
New AI listens to appliances to predict when they'll break
New York-based startup Augury is using artificial intelligence (AI) to diagnose issues with machines by listening to the noises they make. The companys technology is based on the premise that machines, like cars, can communicate problems through sound before they become serious. Augurys system uses deep learning, a popular approach to AI, to understand patterns and systems without needing explicit instructions from its creators. 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.
Investment
growth-positive
Israeli Internet-of-Things co Augury raises $7m
Predictive machine diagnostics company Augury has raised $7 million in a Series A funding round. The round was led by Formation 8 Hardware Fund and included participation from Pritzker Group Venture Capital, First Round Capital, and Lerer Hippeau Ventures. The funds will be used to accelerate product development, expand sales and marketing, and support the companys ongoing growth. Augury is working to redefine the predictive maintenance market, starting with diagnosing HVAC systems within commercial buildings. The company has already secured a strategic partnership with a Fortune 100 building services company.
InvestmentPartners
Augury Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 367 |
| Team members | 10 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 31 classification IDs that could be used for matching.
Augury Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 514746155 |
| Crunchbase | augury-systems |
| Phone | +972774395527 |
| Creator | Arielle Smolin |
| Creator email | ari.smolin@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-11-19T00:00:00.000Z |
| Created | 2014-07-17T00:00:00.000Z |
| Claimed | Yes |