Articles from Augmodo

Augmodo, the real-time inventory and task tracker using spatial AI to improve efficiency and convenience for retailers, brands and consumers, announced the close of a $37.5M Series A funding round. The investment was led by TQ Ventures, with participation from existing investors Lerer Hippeau, NewFare, WIN and Interlace, who joined new investors Arena Holdings – an investment firm founded by Feroz Dewan, former Managing Director at Tiger Global, as well as Jefferson River Capital – the family office of Tony James, former President and COO of Blackstone Group.

Augmodo, the only real-time inventory and task tracker using wearable SmartBadges™ to create live 3D store maps, announced today they’re launching a $18M partnership with Chemist Warehouse, Australia's largest drug retailer. As Augmodo quickly proved value and ROI, the collaboration grew from four pilot stores in mid-2024 to a full-chain expansion in a few short months and will grow to more than 550 stores in two years, demonstrating Augmodo’s scalability and efficiency. In parallel, Augmodo and Chemist Warehouse will launch the Spatialview™ program later this year, giving Chemist Warehouse suppliers access to real-time shelf data.

Augmodo, the only real-time inventory and task tracker using wearable SmartBadges™ to create live 3D store maps, announced today it raised $5.3 million in seed funding. The round was led by Lerer Hippeau, with participation from Dunnhumby Ventures, NewFare Partners and Simple Food Ventures, bringing together a broad range of strategic investors who share Augmodo’s vision for the next generation of retail.