Why Augment Code matters
Augment raised a $227 million Series B at a $977 million post-money valuation in April 2024 from Sutter Hill, Index, Innovation Endeavors, Lightspeed, and Meritech, bringing total funding to $252 million. Its agent, Auggie, is built around a context engine that indexes hundreds of thousands of files, which targets large enterprise codebases rather than solo developers. No 2026 funding or revenue disclosure could be verified.
The numberRaised a $227 million Series B at a $977 million valuation (April 2024)
On The Agentic 80
Listed under Coding agents. Agents that write, test, and ship software.
Quick answers
- What does Augment Code do?
- Enterprise coding agent that indexes very large codebases so agents can work across many repositories. Augment raised a $227 million Series B at a $977 million post-money valuation in April 2024 from Sutter Hill, Index, Innovation Endeavors, Lightspeed, and Meritech, bringing total funding to $252 million.
- What AI capabilities does Augment Code offer?
- Augment Code provides Auggie, an enterprise coding agent, and an IDE assistant that indexes large, multi-repository codebases. Developers use them to search and explain existing code, propose edits with repository context, and run agent tasks across many services. The products are built for engineering teams that need agents to work with broad internal code, not only a single file.
- Why is Augment Code on The Agentic 80?
- Augment Code is listed under Coding agents. Agents that write, test, and ship software. Raised a $227 million Series B at a $977 million valuation (April 2024).
- Where is Augment Code based, and who owns it?
- Augment Code is based in Palo Alto, CA, was founded in 2022 and is private, Series B.