Augment Ventures

Augment Ventures, established in 2011 and headquartered in Ann Arbor, Michigan, is a private equity firm focused on early-stage investments. It targets innovative, mission-driven companies across North America that leverage digitization and data to transform traditional industries. Augment Ventures seeks diverse founding teams tackling significant real-world challenges, with a particular interest in sectors such as supply chain, fintech, health tech, and SaaS.

David Armstrong

CFO

Nikhil Bahadur

Principal

Jeffrey Kontulis

Principal

Past deals in Michigan

Rivet Work

Venture Round in 2024
Rivet Work Inc., founded in 2019 and based in Detroit, Michigan, specializes in providing digital tools tailored for contractors, unions, and trade schools within the construction industry. Its flagship application, Rivet, serves as a comprehensive workforce management platform that allows users to efficiently organize their teams, access and assign workers to various jobs from any location, and track real-time developments on job sites through features like the Job Site Feed. The platform also facilitates instant notifications about new jobs and project changes, enhancing communication and operational efficiency. By modernizing labor management processes, Rivet aims to support skilled trades and promote construction as an attractive career path for the emerging workforce.

Rivet Work

Seed Round in 2023
Rivet Work Inc., founded in 2019 and based in Detroit, Michigan, specializes in providing digital tools tailored for contractors, unions, and trade schools within the construction industry. Its flagship application, Rivet, serves as a comprehensive workforce management platform that allows users to efficiently organize their teams, access and assign workers to various jobs from any location, and track real-time developments on job sites through features like the Job Site Feed. The platform also facilitates instant notifications about new jobs and project changes, enhancing communication and operational efficiency. By modernizing labor management processes, Rivet aims to support skilled trades and promote construction as an attractive career path for the emerging workforce.

Rivet Work

Seed Round in 2021
Rivet Work Inc., founded in 2019 and based in Detroit, Michigan, specializes in providing digital tools tailored for contractors, unions, and trade schools within the construction industry. Its flagship application, Rivet, serves as a comprehensive workforce management platform that allows users to efficiently organize their teams, access and assign workers to various jobs from any location, and track real-time developments on job sites through features like the Job Site Feed. The platform also facilitates instant notifications about new jobs and project changes, enhancing communication and operational efficiency. By modernizing labor management processes, Rivet aims to support skilled trades and promote construction as an attractive career path for the emerging workforce.

LLamasoft

Series A in 2012
LLamasoft, Inc. specializes in developing supply chain design and analysis software and solutions, providing tools that enhance operational efficiency for businesses worldwide. Founded in 1998 and headquartered in Ann Arbor, Michigan, the company offers a range of products, including Supply Chain Guru, a software for designing supply chains; Transportation Guru, which focuses on network design and transportation routing; and Optimiza, an AI-powered platform that leverages machine learning and optimization algorithms. LLamasoft's solutions help organizations visualize inefficiencies and optimize various aspects of their supply chains, including inventory management, product flow, and transportation. The company serves diverse industries such as aerospace, automotive, healthcare, and retail, enabling clients to make informed decisions that drive profitability and growth. Additionally, LLamasoft provides consulting, training, and technical support services, and collaborates with humanitarian organizations to enhance health supply chains, aiming to positively impact millions of lives.
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