This week we announced that we closed an oversubscribed funding round that will support our mission to transform the frontline workforce with our AI-based Augmented Worker Platform.
This round was led by leading venture capital firm Pritzker Group Venture Capital, with participation from Lerer Hippeau, our current investors, and HOLT Ventures, the strategic venture capital arm of HOLT CAT.
Not only does the successful closing of this round further validate our unique approach of using AI and AR to support frontline workers, but it also enables us to expand our global footprint, further increase the functionality of the platform, and make it even more accessible to companies across the small, mid-sized and large spectrum.
Together with our investors and partners, we look forward to reaching even more companies, more workers, and more innovators, while defining the future of work.
With a unique and proven track record that includes founding efforts at Wonderware, Lighthammer, and ThingWorx, our executive team has the unparalleled domain expertise to deliver the next software innovation that will revolutionize the manufacturing and industrial market and shape the frontline workforce of the future.
We are excited to continue this journey with you, to support your frontline workforce with augmented procedures and help your organization drive continuous improvement through AI-driven insights.
Russ Fadel, CEO, Augmentir