Press Releases

Augment Ventures June 2023

Fund III New Investment: Optilogic

Optilogic is a cloud native supply chain software solution that provides optimization, simulation, and risks solutions in order to build the most resilient supply chains possible for its customers. It is the only supply chain design software that provides a risk rating on every model scenario. The SaaS platform runs in the cloud and uses hyperscaling technology to allow hundreds of models and scenarios to run in parallel.

The company was founded by the team that built LLamasoft, a portfolio company in Augment Ventures Fund I, into a unicorn in the supply chain planning design space that was sold to Coupa Software in 2020 for $1.5 billion.

We’re excited to partner with Don Hicks and his team as they advance the next generation of supply chain design. Welcome (back) to the Augment Family!

Don Hicks, CEO and Founder, Optilogic:
“Augment Ventures recognizes the critical nature of the technology we’re building, and their investment partnership is helping Optilogic change the way companies make strategic supply chain decisions—from practitioners to boardroom discussions.”

Click here to learn more.


In the News

Fluree’s Platform Highlighted by CRN
Fluree was named one of the Coolest Data Management and Integration Software Companies of 2023 by CRN as part of its Big Data 100. You can read the article here.

Rivet Leads Construction Webinar
Construction Business Owner magazine and Rivet held a webinar focusing on the benefits of adopting labor operations software for contractors. You can watch the full webinar here.

Flume Reviewed by the LA Times
The LA Times reviewed the Flume device given the company’s program with the LA Department of Water and Power. The review highlighted Flume’s ability to find leaks, save water, and provide powerful data to reduce overall water consumption. You can read the full review here.

Al Pacha

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