Augury is a business-to-business (B2B) company that develops a hardware and software solution to troubleshoot a machine by analyzing the sound that it emits. The company was established in 2011 by Gal Shaul and Saar Yoskovitz. It aims to help companies efficiently solve problems with the machines they use for business operations and to help manufacturers of these machines create better products. Augury is based in New York City, New York.
Products
Augury offers two main products: Halo Continuous Diagnostics and Scope Portable Diagnostics. Halo Continuous Diagnostics is a wireless product used to monitor machines 24/7 without having to take manual recordings. The product would be attached to the machine. It differs from Scope Portable Diagnostics, which is a handheld app-based product that records the problem and sends it to the cloud server for analysis. It is best used on a routine-based maintenance schedule. Both products can be monitored through a platform from any Internet-enabled devices.
Funding
Since 2014, Augury has raised $51 million through four funding rounds, with its latest being a Series C round which was held in January 2019 and collected $25 million in capital. As of March 2019, the company has 12 investors, with 3 lead investors. Some venture capital firms that invested in Augury are Munich Re / HSB Ventures, Insight Venture Partners, Lerer Hippeau, and Pritzker Group Venture Capital.
Timeline
Funding rounds
People
Artem Kroupenev
VP Strategy
Douglas Harp
VP Customer Operations
Eliza Croen
Head of Marketing
Emery Rosansky
VP Global Revenues
Gal Shaul
Co-Founder/CTO
Issana Raudnitz
CFO
Keren Rubin
VP People Operations
Lior Leiba
VP R&D
Saar Yoskovitz
Founder/CEO
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