Augury
Founded Year
2011Stage
Series F | AliveTotal Raised
$369MValuation
$0000Last Raised
$75M | 5 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+59 points in the past 30 days
About Augury
Augury specializes in artificial-intelligence (AI)-driven predictive and prescriptive machine health solutions within the manufacturing sector. The company offers services that predict and prevent machine failures and optimize production processes, aiming to improve overall operational efficiency. Augury's solutions cater to various sectors, including food & beverage, chemicals, and pharmaceuticals, by providing insights that help in reducing downtime and waste. It was founded in 2011 and is based in New York, New York.
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Augury's Product Videos
ESPs containing Augury
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The predictive maintenance platforms market provides software solutions using AI and IoT technologies to deliver real-time machine insights for proactive maintenance. These platforms enable organizations to prevent equipment failures, reduce over-maintenance, extend asset lifetime, and optimize equipment controls across manufacturing sectors. Solutions typically include anomaly detection, failure …
Augury named as Challenger among 15 other companies, including Microsoft, Oracle, and IBM.
Augury's Products & Differentiators
Machine Health
An industrial AI solution, Machine Health uses the Internet of Things (IoT) and purpose-built Artificial Intelligence (AI) to help people manage industrial assets and optimize their performance. Augury’s full-stack Machine Health Solutions use sensors that capture vibration, temperature and magnetic data from machines, then leverages advanced AI diagnostics and human reliability expertise to deliver real-time visibility and actionable insights into the full range of rotating equipment. With insights aggregated into a centralized platform and additional interoperability capabilities, manufacturing companies can eliminate data silos and work collaboratively to reduce inefficiencies generated by malfunctioning equipment.
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Research containing Augury
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Augury in 10 CB Insights research briefs, most recently on Dec 23, 2024.
Dec 23, 2024
The industrial AI agents & copilots market map
Sep 23, 2024
The semiconductor manufacturing market map
Sep 28, 2023
The automation in advanced manufacturing market map
Aug 16, 2023
The industrial internet of things (IIoT) market map
Expert Collections containing Augury
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Augury is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,276 items
Oil & Gas Tech
4,980 items
Companies in the Oil & Gas Tech space, including those focused on improving operations across upstream, midstream, and downstream sectors, as well as those working on sustainable fuels.
Advanced Manufacturing
6,695 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Future of the Factory (2024)
436 items
This collection contains companies in the key markets highlighted in the Future of the Factory 2024 report. Companies are not exclusive to the categories listed.
Artificial Intelligence
10,050 items
Augury Patents
Augury has filed 18 patents.
The 3 most popular patent topics include:
- maintenance
- machine learning
- mechanics
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/4/2023 | 5/7/2024 | Semiconductor device fabrication, Acoustics, Machine learning, Nondestructive testing, Classification algorithms | Grant |
Application Date | 5/4/2023 |
|---|---|
Grant Date | 5/7/2024 |
Title | |
Related Topics | Semiconductor device fabrication, Acoustics, Machine learning, Nondestructive testing, Classification algorithms |
Status | Grant |
Latest Augury News
Jul 10, 2025
Israeli industrial AI firm says cuts will help sharpen focus and fuel next growth phase. The Haifa-based unicorn Augury, which develops industrial AI solutions for reliability and process optimization, is laying off about 60 employees, approximately 18% of its 345-person workforce in Israel and abroad. This marks the company’s third round of layoffs, following the dismissal of about 100 employees in the previous two rounds. The current layoffs will affect staff both in Israel and overseas. (Photo: Augury) Augury has developed a system that integrates software and hardware to monitor the health of machines and processes in various manufacturing plants. With this latest investment, the company’s total funding now stands at $361 million. The Series F round was led by Lightrock, with several of Augury’s existing investors also participating, including Insight Partners, Eclipse Ventures, and Qumra Capital, as well as Schneider Electric Ventures and Qualcomm Ventures. Augury stated: “In February, Augury completed a $75 million Series F funding round to help realize the company’s business goals and growth ambitions. In recent years, Augury has achieved significant five-fold revenue growth, tripled its customer base, mainly among Fortune 500 companies, and expanded its product offerings to include a range of AI-based solutions. Related articles: “To maintain this trajectory and strengthen our market leadership, we are adjusting our organizational structure and prioritizing hiring for new roles. Therefore, changes have been made to the workforce, including recruiting for dozens of new positions in the service and sales departments to develop strategic partnerships that reinforce the company’s market presence and deepen collaborations with leading global manufacturers. “As part of this new focus, we have decided to reduce certain areas of the company and lay off approximately 18% of the workforce, while continuing to recruit aggressively and expand some departments to support significant growth and entry into new markets. “This is a difficult day for us, as we must say goodbye to valued employees who have been our partners on this journey. The company will do everything possible to help them re-enter the job market and will provide appropriate severance packages. We believe these steps will help us sharpen our focus on growth and continue to deliver revenue and value for our customers.” TAGS
Augury Frequently Asked Questions (FAQ)
When was Augury founded?
Augury was founded in 2011.
Where is Augury's headquarters?
Augury's headquarters is located at 263 38th Street, New York.
What is Augury's latest funding round?
Augury's latest funding round is Series F.
How much did Augury raise?
Augury raised a total of $369M.
Who are the investors of Augury?
Investors of Augury include Lerer Hippeau, Munich Re Ventures, Insight Partners, Qualcomm Ventures, Qumra Capital and 17 more.
Who are Augury's competitors?
Competitors of Augury include IPercept Technology, AssetWatch, Ndustrial, Sensemore, Neuron Soundware and 7 more.
What products does Augury offer?
Augury's products include Machine Health and 1 more.
Who are Augury's customers?
Customers of Augury include Colgate-Palmolive Company, Osem-Nestlé and ICL .
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Compare Augury to Competitors
Petasense is a company focused on asset reliability and optimization within the Industrial IoT sector. They offer a suite of wireless sensors, cloud software, and machine learning analytics designed to monitor and predict the health of industrial machinery. Their solutions cater to various sectors, including rotating machines, electric panels, valves, and steam traps. It was founded in 2014 and is based in Milpitas, California.
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