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Augment Code

Augment Code is an AI IDEs and Editors company founded in 2022 and based in Palo Alto, United States. It has raised $252M in total funding, most recently a Series B in 2024 at a $977M valuation.

Enterprise AI coding platform combining dependency mapping, architectural analysis, and context-aware generation for large codebases. Augment raised a $227M Series B in April 2024 and expanded beyond its Auggie coding agent in 2026 with Cosmos, a public-preview platform for building and coordinating specialized agents across code review, testing, incident response, and project delivery.

Augment's $252M funding base, deep codebase Context Engine, and Cosmos orchestration layer target the enterprise coordination problem that emerges after individual coding agents become fast: keeping many agents grounded, reviewable, and aligned across the full SDLC.

augmentcode.com AI IDEs and Editors

United Statesprivate

At a glance

Total raised

$252M

last round series b

Headcount

51-200

approximate · public range

Headquarters

Palo Alto

United States

Founded

2022

4 years active

Status

Private

AI IDEs and Editors

Latest valuation

Funding history

Total raised

$252M

Rounds tracked

2

Latest stage

Series B

Latest valuation

$977M

Date	Stage	Amount	Valuation	Lead investors
Apr 24, 2024	Series B	$227M	$977M	Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, Meritech Capital
Jan 1, 2024	Series A	$25M

Products

Augment Agent
An AI coding agent that integrates directly into VSCode and JetBrains IDEs to help developers write, refactor, and understand code across large-scale codebases. It leverages the Context Engine to provide real-time, semantically-aware completions, answer questions about architecture, and autonomously implement features. Native integrations with GitHub, Notion, Jira, and Confluence allow it to pull in tasks, documentation, and tickets so it can act on the full context of a development workflow rather than just the open file.
Augment Code Review
An automated code review agent that analyzes pull requests against the full codebase context to catch bugs, anti-patterns, and architectural violations that human reviewers might miss. It benchmarks as the #1-ranked AI code reviewer across precision, recall, and overall quality, powered by advanced foundation models and Augment's deep dependency mapping. Designed for enterprise teams, it integrates directly into GitHub PR workflows to provide inline feedback before merging.
Augment Context Engine
The foundational technology behind all Augment products — a live, semantic index of the entire codebase including dependencies, documentation, issues, and recent changes. It maps cross-file relationships, tracks architectural boundaries, and maintains an up-to-date understanding of the code that feeds into every agent, completion, and review. Built over 2.5 years in stealth, it enables Augment to operate on codebases with hundreds of thousands of files where standard token-window-based AI tools fail.
Auggie CLI
A command-line interface that brings Augment's AI capabilities directly into the terminal for developers who prefer CLI workflows over IDE plugins. Achieved a 51.80% score on SWE-bench Pro, the top result at the time of publication. It can generate code, debug issues, run migrations, and answer questions about the codebase without leaving the terminal, making it especially useful for automation scripts, CI/CD pipelines, and server-side development environments.
Augment Cosmos
A platform for building and coordinating specialized software-development agents, called Experts, across code review, testing, incident response, and large-project delivery. Cosmos connects agents to shared context, memory, tools, and human review points so teams can orchestrate work across the SDLC instead of running isolated coding assistants.