Augment Ventures

Augment Ventures is a venture capital firm established in 2011 and headquartered in Ann Arbor, Michigan. The firm focuses on early-stage investments in North America, targeting companies that are leveraging digitization and data to transform traditional industries. Augment Ventures prioritizes mission-driven founders with diverse teams who demonstrate intellectual rigor in addressing significant real-world challenges. The firm’s investment interests span various sectors, including supply chain, fintech, industry 4.0, health tech, proptech, climate tech, business-to-business solutions, and software as a service (SaaS).

David Armstrong

CFO

Nikhil Bahadur

Principal

Jeffrey Kontulis

Principal

Sonali Vijayavargiya

Founder and Managing Director

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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