Augment Ventures

Augment Ventures is a private equity firm based in Ann Arbor, Michigan, founded in 2011. The firm specializes in early-stage investments in capital-efficient companies within the sectors of energy efficiency, sustainability, and health and wellness. Augment Ventures focuses on transformational companies that are commercializing disruptive technologies aimed at enhancing quality of life and improving business efficiency on a global scale. The firm actively collaborates with its portfolio companies to explore new markets, forge strategic alliances, and recruit talent. Augment Ventures manages two funds, with the first targeting investments in 10 to 12 companies across various sectors, including technology and healthcare. The firm typically seeks to lead or co-invest alongside strategic partners, aiming for successful exits within four to six years.

David Armstrong

Chief Financial Officer

Nikhil Bahadur

Principal

Jeff Kontulis

Senior Associate

Nic Wetzler

Director

Past deals in Michigan

GeoTix

Series A in 2018
GeoTix is a provider of software-as-a-service (SaaS) solutions that generate new, non-advertising revenue streams for media companies through local event discovery to ticket purchase. Removing the national ticket seller from the sales process, GeoTix empowers media companies to more strongly connect with their audience, reflect their commitment to community, and leverage existing content to create new revenue streams. In return, they gain the benefits of increased income, greater brand building, higher levels of web site traffic, and the ability to foster community relationships.

LLamasoft

Series A in 2012
Over 750 of the world’s most innovative companies rely on LLamasoft to answer their toughest supply chain questions. Powered by the most comprehensive set of supply chain analytics, LLamasoft technology helps business leaders design the supply chain they need to achieve their profitability, service, and growth goals. Breaking down the limitations of traditional planning and operational systems, LLamasoft creates a true end-to-end view of the global supply chain to reveal the optimal design, assess trade-offs and enable decision making across strategic, tactical and operational time horizons. LLamasoft customers have already identified how they can recapture over $13B in savings and the same technology is being used to solve some of the most complex supply delivery problems in developing nations. Partnering with humanitarian organizations, government entities and as part of the World Economic Forum, LLamasoft plans to positively impact 100 million lives by 2022.