The round was led by Pritzker Group Venture Capital, with participation from Lerer Hippeau, other current investors, and HOLT Ventures, the strategic venture capital arm of HOLT CAT.
The company intends to use the funds to:
– expand its global footprint,
– further increase the functionality of the platform, and
– make it accessible to companies across the small, mid-sized and large spectrum in the industrial sector, including oil and gas, mining, field service, and manufacturing industries.
Led by Russ Fadel, Co-founder and CEO, Augmentir is a provider of augmented worker software for industrial companies. Its flagship offering, the Augmented Operations™ platform, combines enterprise augmented reality (AR) with artificial intelligence and machine learning (AI/ML), to allow frontline workers to perform their jobs with high quality and increase productivity while driving continuous improvement across the organization.
FinSMEs
16/07/2019