Augury
Category: AI Agents
Augury provides AI-driven solutions for machine and process health, helping manufacturers reduce downtime and improve efficiency. Augury was founded in 2011. The company is led by Saar Yoskovitz. Based in Headquarters in New York, with significant operations in Israel and other global locations.. Team size: 402. Total funding raised: $369M. Latest round: Series F ($75M, Feb 2025). Key investors include Lightrock, Insight Partners, Eclipse, Qumra Capital, Schneider Electric Ventures, Qualcomm Ventures.
- Founded
- 2011
- Headquarters
- Headquarters in New York, with significant operations in Israel and other global locations.
- Team size
- 402
- Total funding
- $369M
Value proposition
Offers predictive maintenance and process optimization solutions to enhance operational efficiency and sustainability.
Products and solutions
AI-driven reliability and process optimization solutions
Unique value
Augury's AI technology is trained on a vast library of machine data, providing high accuracy in detecting malfunctions and optimizing processes.
Target customer
Large-scale manufacturers across industries like pharmaceuticals, consumer goods, and more.
Industries served
Manufacturing sectors including pharmaceuticals, consumer goods, and others
Technology advantage
Their predictive maintenance technology boasts a 99.9% failure detection accuracy, offering a significant ROI for clients.
How they differentiate
Augury focuses on both machine and process health, with a strong emphasis on sustainability and operational efficiency.
Main competitors
Petasense, Uptake, C3.ai
Key partnerships
PepsiCo, DuPont, Colgate-Palmolive, Lightrock, Insight Partners, Schneider Electric Ventures
Notable customers
PepsiCo, DuPont, Colgate-Palmolive
Major milestones
Analyzed over 500 million hours of machine data Estimated $1 billion in value generated for customers Projected to reduce industrial emissions by 12% by 2040
Growth metrics
Fivefold revenue increase since 2021, tripled Fortune 500 customer base.
Market positioning
Leader in the Production Health category, known for its AI-driven solutions.
Geographic focus
Global, with a strong presence in North America and Europe.
Patents and IP
Specific patents are not detailed in available sources, but their IP is centered around AI-driven Industrial IoT solutions.
About Saar Yoskovitz
Saar Yoskovitz is the Co-Founder and CEO of Augury, a leader in Machine and Process Health solutions. He has a background in technology and business, with prior experience as an Analog Architect at Intel. He co-founded Augury in 2011 with the vision of creating a future where people can always rely on the machines that matter. He is a member of the Forbes Technology Council and has been recognized as a finalist for the ‘Entrepreneur Of The Year’ award.
Official website: https://www.augury.com