Augury

AI for industrial manufacturing.

About

Founded

2011

Headquarters

Haifa, Israel

Industry

Hardware, Artificial Intelligence (AI)

Company Description

We provide manufacturers and other industry sectors with insights into the health of machines, processes, and operations to transform how people work and what they can create. A pioneer in Machine Health and Process Health solutions, we use purpose-built AI, trained by industry experts and the world’s largest data library, to help customers eliminate production downtime, improve process efficiency, maximize yield, and reduce waste and emissions. Augury’s global customers achieve 3-10x ROI, often in a matter of months.

Quick Links

WebsiteJobs

Funding

Total Raised

$268 million

Valuation

$1 billion+

Significant Investors

First Round Capital, SE Ventures, Insight Partners, Eclipse Ventures, Qumra Capital, Qualcomm Ventures, the HSB Fund of Munich Re Ventures, Lerer Hippeau, Baker Hughes

Company Traction

  • As of May 2023, Augury claims customers see a 3x-10x ROI within months.
  • As of May 2023, Augury has 100+ global manufacturers as customers, including DuPont, Roseburg, Heineken, ICL Group, and Colgate-Palmolive.
  • As of May 2023, Augury’s technology monitors 100,000+ machines, has a 99.9% accurate diagnostics success rate, and helps manufacturers reduce CO2 emissions of their equipment by 12% annually.

Leadership Team

  • Saar Yoskovitz: Co-Founder & CEO of Augury. Former Analog Architect at Intel.
  • Gal Shaul: Co-Founder & CTO of Augury. Former Software Engineer at Endymed Medical.
  • Roy Eitan: COO at Augury. Former Head of Business Process Excellence, HP Transformation Organization at HP.