Fundz

Augmodo raised $5.3M in seed funding led by Lerer Hippeau to scale its Spatial AI commerce technology.

PRIVATEOct 02, 2024

Amount Raised

$5.3 Million

Round Type

Seed

SeattleSoftwareArtificial IntelligenceE CommerceFashionRetailMachine LearningRetail Technology

Investors

Simple Food VenturesNewFare PartnersDunnhumby VenturesLerer Hippeau

Description

Augmodo announced today it raised $5.3 million in seed funding to enhance its real-time inventory and task tracking technology. The round was led by Lerer Hippeau, with participation from several strategic investors.

Quick answer

Augmodo raised $5.3 Million in a Seed round, dated October 2, 2024. Investors: Simple Food Ventures, NewFare Partners, Dunnhumby Ventures and Lerer Hippeau. Augmodo is based in Seattle, Washington, United States.

How much did Augmodo raise?
Augmodo raised $5.3 Million in a Seed round on October 2, 2024.
Who invested in Augmodo?
Simple Food Ventures, NewFare Partners, Dunnhumby Ventures and Lerer Hippeau are named as investors in this round.
What does Augmodo do?
Augmodo is the only real-time inventory and task tracker that uses wearable SmartBadge™ on retail associates, creating live 3D store maps with cutting-edge tech to enhance retail experiences and cut costs for retailers,..
Where is Augmodo based and how big is it?
Augmodo is based in Seattle, Washington, United States. Fundz records about 56 employees.
Who are the decision-makers at Augmodo?
Fundz holds 2 contacts at Augmodo, including the CEO / Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Augmodo that raised within 45 days of this round, from Fundz verified event records.

  • Ecomtent raised $850K (Pre-Seed) on September 10, 2024.
  • Popcorn AI raised $500K (Pre-Seed) on November 13, 2024.
  • Viewa raised $300K (Pre-Seed) on November 7, 2024.
  • Simbe Robotics raised $50M (Series C) on October 24, 2024.
  • Simbe Robotics raised $48M on October 15, 2024.
  • Moselle raised $1.7M (Seed) on October 10, 2024.

Who to call at Augmodo, and when

A new round usually means Augmodo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Augmodo

Location

Seattle, Washington, United States

About

Augmodo is the only real-time inventory and task tracker that uses wearable SmartBadge™ on retail associates, creating live 3D store maps with cutting-edge tech to enhance retail experiences and cut costs for retailers, brands and consumers. The spatial AI assistant builds better, more accurate shelf inventory and creates planograms updated dozens of times daily. The Augmodo system is easy to scale, 100X cheaper than alternatives and requires no operational changes.

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Related People

2 contacts
Verified contactsRoss F., CEO / FounderSee plans and pricing
Predictive Intelligence
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Augmodo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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