Auger

Summary active Updated Aug 1, 2026

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Location Bellevue, Washington
Founded 2024
Latest Stage Series B
Total Raised $150M
Website https://auger.com
Sector
supply-chain logistics ai enterprise-software

Founders

Dave Clark CEO & Founder

About

Auger is an AI-powered autonomous operating system for global supply chains, founded in 2024 by Dave Clark, the former CEO of Flexport and a longtime senior leader at Amazon where he architected the company’s logistics operations 12. The company is headquartered in Bellevue, Washington and aims to replace the patchwork of legacy ERP, spreadsheet, and bolted-on AI tooling that midsize-to-large shippers and manufacturers use to run their supply chains 13. Rather than layering AI on top of existing systems, Auger is building a unified, machine-readable data foundation that delivers end-to-end visibility and automates decision-making across procurement, planning, and fulfillment 23.

Funding History

Date Round Amount Lead Co-investors
2024-10-08 Seed (per TechCrunch/SiliconANGLE/Auger newsroom; Fortune labeled Series A) $100M Oak HC/FT (sole investor — no co-participants named) None disclosed 1456
2026-07-12 Series B $50M Eclipse Oak HC/FT (existing investor participating) 789

What Investors Say

No independently sourced investor quotes found at this time.

What Founders Say

No independently sourced founder quotes found at this time.

Sources

  1. FreightWaves, “Dave Clark launches Auger, raises $100M for the AI venture,” October 8, 2024. https://www.freightwaves.com/news/dave-clark-launches-auger-raises-100m-for-the-ai-venture↩↩↩

  2. Oak HC/FT company page, “Auger,” accessed August 2026. https://www.oakhcft.com/company/auger↩↩

  3. Auger official newsroom, accessed August 2026. https://auger.com/about/newsroom/ — Confirms only $100M Oct 2024 seed and $50M July 2026 Series B rounds; no $200M Series A between them (earlier “Series A $200M” claim was aggregator-only and inconsistent with the company’s own newsroom). ↩↩

  4. TechCrunch, “Dave Clark, formerly of Amazon and Flexport, just landed $100M for new supply chain venture,” October 8, 2024. Accessed August 2026. https://techcrunch.com/2024/10/08/dave-clark-formerly-of-amazon-and-flexport-just-landed-100m-for-new-supply-chain-venture/ — Confirms Oak HC/FT led; no other participants named. ↩

  5. SiliconANGLE, “Former Amazon executive Dave Clark raises $100M for new supply chain startup Auger,” October 8, 2024. Accessed August 2026. https://siliconangle.com/2024/10/08/former-amazon-executive-dave-clark-raises-100m-new-supply-chain-startup-auger/ — Confirms Seed round designation; Oak HC/FT sole named investor. ↩

  6. Fortune, “Ex-Amazon exec Dave Clark raised $100 million for AI supply-chain startup Auger,” October 8, 2024. Accessed August 2026. https://fortune.com/2024/10/08/dave-clark-startup-auger-100-million-series-a-funding-oak-hcft-supply-chain-ai/ — States $100M raised “entirely from” Oak HC/FT; Fortune headline labels as Series A but other sources use Seed. ↩

  7. The SaaS News, “Auger Raises $50M Series B,” July 2026, accessed August 2026. https://www.thesaasnews.com/news/auger-raises-50m-series-b/ — Confirms $50M Series B led by Eclipse with Oak HC/FT participating; brings total to $150M. ↩

  8. Yahoo Finance / WWD Sourcing Journal, “Amazon, Flexport Alum Dave Clark’s Supply Chain Startup Raises $50M,” July 13, 2026. Accessed August 2026. https://finance.yahoo.com/technology/ai/articles/amazon-flexport-alum-dave-clark-130000588.html — CEO Dave Clark confirms valuation roughly double the Series A; Eclipse-led with Oak HC/FT participating; total funding $150M. ↩

  9. ERP Today, “Is AI’s Next Target the Supply Chain Control Layer? Auger Raises $50M to Test the Stack,” July 15, 2026. Accessed August 2026. https://erp.today/auger-series-b-ai-agents-supply-chain-stack — Confirms Series B $50M, Eclipse lead, Oak HC/FT participating. ↩