
Augment Ventures
Description
Augment Ventures is an Ann Arbor, Michigan-based venture capital firm dedicated to investing in transformative technologies that are reshaping traditional industries. The firm specifically targets the burgeoning "Industry 4.0" landscape, focusing on areas such as advanced manufacturing, robotics, artificial intelligence, the Internet of Things (IoT), and sustainable materials. Founded with a vision to bridge the gap between innovative deep tech and established industrial sectors, Augment Ventures seeks out exceptional teams poised to drive significant disruption and efficiency improvements.
The firm's investment thesis centers on early-stage companies, primarily participating in Seed and Series A funding rounds. They are particularly interested in startups developing solutions that enhance productivity, reduce costs, and foster sustainability within manufacturing, supply chain, and industrial operations. Augment Ventures emphasizes a hands-on approach, aiming to provide strategic guidance and operational support to its portfolio companies, leveraging its deep industry network and expertise to accelerate growth and market penetration.
Augment Ventures typically deploys initial capital checks ranging from $500,000 to $2,000,000, with a capacity for follow-on investments as companies achieve key milestones. As of early 2024, the firm has made approximately 19 investments across various deep tech and industrial sectors, demonstrating a consistent commitment to its niche. Their strategic location in the Midwest allows them to tap into a rich ecosystem of engineering talent and industrial heritage, providing a unique vantage point for identifying promising ventures.
This firm distinguishes itself by not only providing crucial capital but also by actively engaging with founders to navigate the complexities of scaling deep technology solutions in often-traditional markets. Their focus on long-term partnerships and value creation beyond mere financial injection positions them as a strategic ally for entrepreneurs aiming to revolutionize the industrial landscape.
Investor Profile
Augment Ventures has backed more than 39 startups, with 2 new investments in the last 12 months alone. The firm has led 10 rounds, about 26% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Supply Chain Management, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $500K – $2M.
Stage Focus
- Series A (36%)
- Seed (28%)
- Series Unknown (13%)
- Series B (10%)
- Pre Seed (5%)
- Convertible Note (5%)
- Undisclosed (3%)
Country Focus
- United States (97%)
Industry Focus
- Software
- Supply Chain Management
- Information Technology
- Saas
- Fintech
- Manufacturing
- Construction
- Artificial Intelligence (Ai)
- Hardware
- Cloud Computing
Frequently Asked Questions
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