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Augment

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uuid00000sw

Namestring
Augment
Legal namestring
Augment Technologies, Inc.
Websiteurl
goaugment.com
Company typeenum
Private
Founded yearint
2023
Descriptiontext

Augment Technologies, Inc. is an AI-native software company that builds "Augie," an agentic AI teammate purpose-built for supply-chain and logistics operations. The platform automates manual workflows across the order-to-cash lifecycle — quoting, booking, load building, carrier selection, track and trace, document management, appointment scheduling, and customer service — and operates natively inside customers' existing TMS, ERP, email, voice, and messaging channels rather than displacing them. Following the April 2026 acquisition of Merlin, the company extended into wholesale distribution, adding quote-to-cash, supplier-portal, and product-search modules for enterprise distributors.

The product is organized as a core AI agent (Augie) plus a suite of vertical workflow modules, a Knowledge Hub that captures institutional operational know-how and serves it contextually inside Slack, Teams, email, and TMS portals, and a Workflow Builder that lets operators configure automation from SOPs in plain English. Augment claims approximately $50 billion in aggregate freight under management and $20 billion in distributor revenue under management across enterprise customers including Penske Logistics, Armstrong Transport Group, Ewing Outdoor Supply, NFI, Hirschbach Motor Lines, Transportation One, Insco Distributing, Brooks Safety Solutions, and Reece.

The business model is enterprise SaaS with quote-based, value-based annual subscriptions priced on freight volume under management, number of workflows deployed, and customer size. Go-to-market is direct enterprise field sales supplemented by a strategic partnership with Turvo (TMS Collaboration Cloud) that embeds Augie into Turvo's broker and 3PL customer base. As of late 2025 the company had raised $110 million total ($25M seed in March 2025 led by 8VC, plus an $85M Series A in September 2025 led by Redpoint Ventures with 8VC, Autotech Ventures, Dell Technologies Capital, Shopify Ventures, and 9Yards Capital participating) and operated with 11-50 employees plus a stated plan to hire approximately 100 engineers in North America.

Short descriptiontext

Augment builds Augie, an agentic AI teammate for supply-chain operators, automating quoting, booking, tracking, and institutional-knowledge workflows across freight brokerages, FTL/LTL carriers, 3PLs, and wholesale distributors via TMS, ERP, and communication integrations.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAustin, United States
HQ citystring
Austin
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
AI logistics platform, supply chain automation, freight broker software, agentic AI workflows, logistics AI assistant
Industry3 codes
1Data Integration, APIs & Telematics Data Platforms
CodeTLABAJAMPrimaryYes
2Data Integration, ETL/ELT & Reverse ETL
CodeBPAMAOAIPrimaryNo
3Data Engineering, Integration & ETL/ELT Services
CodeBPAEAHABPrimaryNo
NAICS code2 codes
  • Custom Computer Programming Services541511
  • Computer Systems Design and Related Services54151
SIC code2 codes
  • Services-Computer Programming Services7371
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Supply Chain AI Software
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Subscription
TypeSubscription Recurring
Description

Enterprise subscription model for access to the Augie AI platform with workflows, Knowledge Hub, and integrations. Pricing is quote-based and tailored to customer size and usage volume.

businesswire.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Enterprise subscription with custom pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based pricing tailored to customer size, freight volume under management, and number of workflows deployed. No pricing tiers publicly disclosed.

goaugment.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 record
1Augie
Description

AI teammate platform for logistics operations that automates quoting, booking, updates, and track-and-trace workflows for freight brokers, carriers, shippers, and distributors.

goaugment.com
Core offering1 text field

Augment provides an AI teammate called Augie that automates logistics and supply chain workflows for freight brokerages, FTL carriers, LTL and last mile carriers, and B2B distributors. The platform works across the order-to-cash lifecycle, handling quoting, booking, shipment tracking, document management, appointment scheduling, and customer service by integrating with existing TMS, ERP, email, voice, and messaging systems. It also offers Knowledge Hub for institutional knowledge management and a Workflow Builder for custom automation configured from SOPs in plain English.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • 30-40% productivity gains in logistics operations
+6 more records
Product overview1 text field

Augment is an AI productivity platform for supply chain built around its flagship AI teammate 'Augie.' The platform follows a platform-plus-modules architecture, combining a core AI agent with specialized workflow modules (Load Building, Carrier Selection, Track & Trace, Document Management, Appointment Scheduling, Customer Service), additional capabilities (Knowledge Hub for institutional knowledge retrieval, Workflow Builder for custom automation), and sector-specific solutions for freight brokerages, FTL carriers, LTL & last mile carriers, and B2B distributors. The April 2026 acquisition of Merlin expanded Augie's reach into wholesale distribution. Augie operates across the order-to-cash lifecycle, integrating with ERP, email, voice, messaging, and TMS systems. The company reports $50B aggregate freight under management, $20B distributor revenue under management, and $110M total funding raised.

Product and service2 records
1Augie
CategoryAI productivity platform
Description

Augie is the flagship AI teammate for supply chain that handles daily workflows including quoting, booking, shipment tracking, and updates for freight brokerages, FTL carriers, LTL and last mile carriers, and B2B distributors. It works continuously, integrates across ERP, email, voice, and messaging channels, and adapts to each organization's workflows through natural language.

2Knowledge Hub
CategoryKnowledge management software
Description

Knowledge Hub is a freight-native knowledge management system that captures operational know-how and institutional knowledge from scattered sources such as emails, spreadsheets, and disconnected systems, and delivers context-aware answers to logistics operators at the point of decision across TMS workflows, portals, email, and collaboration tools like Slack and Teams.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-01-01
Description

Penske deployed Augment's AI platform following a successful six-month pilot. The platform validates approximately 600,000 loads and delivers 30-40% productivity gains by automating routine manual processes and improving carrier dispatcher follow-up workflows. AI autonomously contacts carriers via call, email, or text when shipment status updates are unavailable.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Strategic partnership to deliver AI-powered end-to-end supply chain orchestration. The collaboration integrates Augment's AI capabilities with Turvo's Collaboration Cloud platform to enhance efficiency and resilience across global supply chains, enabling automation, predictive disruption management, and real-time optimization.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

FourKites is a supply chain visibility and predictive ETA platform serving shippers, brokers, and carriers with AI-driven track-and-trace. It directly overlaps Augment's track-and-trace and shipment monitoring workflows for the same logistics enterprise customer base.

TypeDirect peer
Description

Project44 provides a supply chain visibility platform with deep TMS integrations and multimodal tracking for shippers, carriers, and 3PLs. It competes head-to-head with Augment's real-time visibility and TMS-embedded workflow automation for the same Fortune 500 logistics buyers.

TypeDirect peer
Description

Turvo offers a Collaboration Cloud TMS for brokers, carriers, and shippers, and is both a strategic partner and a competitive risk: it is the system of record into which Augie embeds, but Turvo could also build native AI agents that compete directly with Augie.

TypeDirect peer
Description

Stord is an AI-powered supply chain platform combining warehousing, transportation, and software for brands and distributors. It targets the same B2B distribution and shipper customer base that Augment's Merlin acquisition now serves.

TypeDirect peer
Description

Flexport is a digital freight forwarder and logistics platform that has invested heavily in AI tooling for quote, book, and track workflows. It competes with Augment on the freight broker and shipper side, particularly for cross-border and international shipping workflows.

TypeBroad incumbent
Description

Blue Yonder (a Panasonic company) is a large end-to-end supply chain software suite spanning planning, execution, and transportation management. It is a broad incumbent that overlaps with Augment's order-to-cash vision and could bundle native AI agents into its TMS and ERP offerings.

TypeBroad incumbent
Description

Kinaxis offers a concurrent supply chain planning platform used by large manufacturers and distributors, with growing AI/agent capabilities. It is a broad incumbent in the same supply chain software category that Augment's distribution vertical targets.

TypeBroad incumbent
Description

Uber Freight operates a managed transportation platform serving shippers with AI-powered matching, pricing, and visibility. It is a broad incumbent that overlaps with Augment's freight broker and carrier workflows and is actively building AI tooling in the same space.

TypeDirect peer
Description

MercuryGate provides a TMS for shippers, brokers, and 3PLs, including carrier selection, rating, and visibility. It competes with Augment at the TMS layer for 3PLs and freight brokerages and is a potential integration partner that could also build native agentic AI.

TypeBroad incumbent
Description

o9 Solutions is an AI-powered integrated business planning platform for supply chain, with strong distribution and CPG customer overlap. It is a broad incumbent in supply chain planning and decision intelligence, competing for the same enterprise buyer budget as Augment.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration8 records

Each record includes

Title, Type, Description, Source

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Augment

Supply Chain AI Softwaregoaugment.com

Augment builds Augie, an agentic AI teammate for supply-chain operators, automating quoting, booking, tracking, and institutional-knowledge workflows across freight brokerages, FTL/LTL carriers, 3PLs, and wholesale distributors via TMS, ERP, and communication integrations.

What Augment does

Augment Technologies, Inc. is an AI-native software company that builds "Augie," an agentic AI teammate purpose-built for supply-chain and logistics operations. The platform automates manual workflows across the order-to-cash lifecycle — quoting, booking, load building, carrier selection, track and trace, document management, appointment scheduling, and customer service — and operates natively inside customers' existing TMS, ERP, email, voice, and messaging channels rather than displacing them. Following the April 2026 acquisition of Merlin, the company extended into wholesale distribution, adding quote-to-cash, supplier-portal, and product-search modules for enterprise distributors.

The product is organized as a core AI agent (Augie) plus a suite of vertical workflow modules, a Knowledge Hub that captures institutional operational know-how and serves it contextually inside Slack, Teams, email, and TMS portals, and a Workflow Builder that lets operators configure automation from SOPs in plain English. Augment claims approximately $50 billion in aggregate freight under management and $20 billion in distributor revenue under management across enterprise customers including Penske Logistics, Armstrong Transport Group, Ewing Outdoor Supply, NFI, Hirschbach Motor Lines, Transportation One, Insco Distributing, Brooks Safety Solutions, and Reece.

The business model is enterprise SaaS with quote-based, value-based annual subscriptions priced on freight volume under management, number of workflows deployed, and customer size. Go-to-market is direct enterprise field sales supplemented by a strategic partnership with Turvo (TMS Collaboration Cloud) that embeds Augie into Turvo's broker and 3PL customer base. As of late 2025 the company had raised $110 million total ($25M seed in March 2025 led by 8VC, plus an $85M Series A in September 2025 led by Redpoint Ventures with 8VC, Autotech Ventures, Dell Technologies Capital, Shopify Ventures, and 9Yards Capital participating) and operated with 11-50 employees plus a stated plan to hire approximately 100 engineers in North America.

Augment firmographics

Firmographics
Name
Augment
Legal name
Augment Technologies, Inc.
Website
https://goaugment.com
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
11–50 employees
Short description
Augment builds Augie, an agentic AI teammate for supply-chain operators, automating quoting, booking, tracking, and institutional-knowledge workflows across freight brokerages, FTL/LTL carriers, 3PLs, and wholesale distributors via TMS, ERP, and communication integrations.
Ownership category
akta.pro rank

Augment industry classification

Industry
Product category
Supply Chain AI Software
NAICS
Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)
SIC
Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Data Integration, APIs & Telematics Data Platforms (TLABAJAM)
akta.pro secondary industries
Data Integration, ETL/ELT & Reverse ETL (BPAMAOAI), Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)

Keywords

  • AI logistics platform
  • Supply chain automation
  • Freight broker software
  • Agentic AI workflows
  • Logistics AI assistant

Where Augment is headquartered

Location

Headquarters

HQ city
Austin
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Augment business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. SaaS Subscription: Enterprise subscription model for access to the Augie AI platform with workflows, Knowledge Hub, and integrations. Pricing is quote-based and tailored to customer size and usage volume.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise subscription with custom pricing

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Augment product offering

Product offering

Core offering

Augment provides an AI teammate called Augie that automates logistics and supply chain workflows for freight brokerages, FTL carriers, LTL and last mile carriers, and B2B distributors. The platform works across the order-to-cash lifecycle, handling quoting, booking, shipment tracking, document management, appointment scheduling, and customer service by integrating with existing TMS, ERP, email, voice, and messaging systems. It also offers Knowledge Hub for institutional knowledge management and a Workflow Builder for custom automation configured from SOPs in plain English.

Product overview

Augment is an AI productivity platform for supply chain built around its flagship AI teammate 'Augie.' The platform follows a platform-plus-modules architecture, combining a core AI agent with specialized workflow modules (Load Building, Carrier Selection, Track & Trace, Document Management, Appointment Scheduling, Customer Service), additional capabilities (Knowledge Hub for institutional knowledge retrieval, Workflow Builder for custom automation), and sector-specific solutions for freight brokerages, FTL carriers, LTL & last mile carriers, and B2B distributors. The April 2026 acquisition of Merlin expanded Augie's reach into wholesale distribution. Augie operates across the order-to-cash lifecycle, integrating with ERP, email, voice, messaging, and TMS systems. The company reports $50B aggregate freight under management, $20B distributor revenue under management, and $110M total funding raised.

Differentiator

Problem solved

Functional benefit

Brands

  • Augie: AI teammate platform for logistics operations that automates quoting, booking, updates, and track-and-trace workflows for freight brokers, carriers, shippers, and distributors.

Products and services

  • Augie Augie is the flagship AI teammate for supply chain that handles daily workflows including quoting, booking, shipment tracking, and updates for freight brokerages, FTL carriers, LTL and last mile carriers, and B2B distributors. It works continuously, integrates across ERP, email, voice, and messaging channels, and adapts to each organization's workflows through natural language.
  • Knowledge Hub Knowledge Hub is a freight-native knowledge management system that captures operational know-how and institutional knowledge from scattered sources such as emails, spreadsheets, and disconnected systems, and delivers context-aware answers to logistics operators at the point of decision across TMS workflows, portals, email, and collaboration tools like Slack and Teams.

Quantifiable outcome

  • 30-40% productivity gains in logistics operations
  • +6 more outcomes

Companies that use Augment

Customer profile

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Augment technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability7 records

Feature4 records

Augment partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Penske LogisticscoreTechnology or Integration · 1 January 2026Penske deployed Augment's AI platform following a successful six-month pilot. The platform validates approximately 600,000 loads and delivers 30-40% productivity gains by automating routine manual processes and improving carrier dispatcher follow-up workflows. AI autonomously contacts carriers via call, email, or text when shipment status updates are unavailable.
  • TurvocoreStrategic or Co-development Partner · 1 October 2025Strategic partnership to deliver AI-powered end-to-end supply chain orchestration. The collaboration integrates Augment's AI capabilities with Turvo's Collaboration Cloud platform to enhance efficiency and resilience across global supply chains, enabling automation, predictive disruption management, and real-time optimization.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Augment competitors and assessment

Company assessment

Direct peers

  • FourKites: FourKites is a supply chain visibility and predictive ETA platform serving shippers, brokers, and carriers with AI-driven track-and-trace. It directly overlaps Augment's track-and-trace and shipment monitoring workflows for the same logistics enterprise customer base.
  • Project44: Project44 provides a supply chain visibility platform with deep TMS integrations and multimodal tracking for shippers, carriers, and 3PLs. It competes head-to-head with Augment's real-time visibility and TMS-embedded workflow automation for the same Fortune 500 logistics buyers.
  • Turvo: Turvo offers a Collaboration Cloud TMS for brokers, carriers, and shippers, and is both a strategic partner and a competitive risk: it is the system of record into which Augie embeds, but Turvo could also build native AI agents that compete directly with Augie.
  • Stord: Stord is an AI-powered supply chain platform combining warehousing, transportation, and software for brands and distributors. It targets the same B2B distribution and shipper customer base that Augment's Merlin acquisition now serves.
  • Flexport: Flexport is a digital freight forwarder and logistics platform that has invested heavily in AI tooling for quote, book, and track workflows. It competes with Augment on the freight broker and shipper side, particularly for cross-border and international shipping workflows.
  • MercuryGate: MercuryGate provides a TMS for shippers, brokers, and 3PLs, including carrier selection, rating, and visibility. It competes with Augment at the TMS layer for 3PLs and freight brokerages and is a potential integration partner that could also build native agentic AI.

Broad incumbents

  • Blue Yonder: Blue Yonder (a Panasonic company) is a large end-to-end supply chain software suite spanning planning, execution, and transportation management. It is a broad incumbent that overlaps with Augment's order-to-cash vision and could bundle native AI agents into its TMS and ERP offerings.
  • Kinaxis: Kinaxis offers a concurrent supply chain planning platform used by large manufacturers and distributors, with growing AI/agent capabilities. It is a broad incumbent in the same supply chain software category that Augment's distribution vertical targets.
  • Uber Freight: Uber Freight operates a managed transportation platform serving shippers with AI-powered matching, pricing, and visibility. It is a broad incumbent that overlaps with Augment's freight broker and carrier workflows and is actively building AI tooling in the same space.
  • o9 Solutions: o9 Solutions is an AI-powered integrated business planning platform for supply chain, with strong distribution and CPG customer overlap. It is a broad incumbent in supply chain planning and decision intelligence, competing for the same enterprise buyer budget as Augment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Augment social profiles

Digital presence

Augment financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Augment leadership team

Management profile

Number of profiles

Profiles5 records

Augment subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Augment funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Augment M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Augment

What does Augment do?

Augment provides an AI teammate called Augie that automates logistics and supply chain workflows for freight brokerages, FTL carriers, LTL and last mile carriers, and B2B distributors. The platform works across the order-to-cash lifecycle, handling quoting, booking, shipment tracking, document management, appointment scheduling, and customer service by integrating with existing TMS, ERP, email, voice, and messaging systems. It also offers Knowledge Hub for institutional knowledge management and a Workflow Builder for custom automation configured from SOPs in plain English.

Is Augment a public or private company?

Augment is a private company. It is classified as venture growth investor backed and is currently operating.

When was Augment founded?

Augment was founded in 2023. It employs 11 to 50 people.

Where is Augment based?

Augment is headquartered in Austin, United States, in the North America region.

How does Augment make money?

One revenue line is on record: saaS Subscription.

Who are Augment's main competitors?

Direct peers on record are FourKites, Project44, Turvo, Stord, Flexport and MercuryGate. Broad incumbents are Blue Yonder, Kinaxis, Uber Freight and o9 Solutions.

Does Augment have an API?

No public API is recorded for Augment.

What industry is Augment in?

Augment's product category is Supply Chain AI Software. Its primary akta.pro industry code is TLABAJAM, Data Integration, APIs & Telematics Data Platforms, with a secondary code of BPAMAOAI, Data Integration, ETL/ELT & Reverse ETL. Its NAICS code is 541511 and its SIC code is 7371.

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Live signals
Transport TopicsMcLeod, Augment partner to integrate AI into broker workflowsMcLeod Software and startup Augment announced on Aug. 5 a software integration that connects Augment's AI assistant, Augie, with McLeod's PowerBroker transportation management system to automate carrier selection and shipment tracking. The tool handles inbound carrier calls and emails, rate requests, compliance validation and shipment updates. CRST is among the first customers.FreightwavesInside Hirschbach’s push into AI driver communicationHirschbach Motor Lines, a trucking carrier, has deployed an AI agent named Augie (branded as Hirschie internally) built by Augment to automate driver communication, handling outbound outreach for information requests and pickup/delivery arrivals. The AI currently automates over 300 check-ins per week and reaches drivers on more than 85% of the company's Logistics Solutions loads, representing roughly 40% of its track-and-trace volume. The company plans to expand the technology to field routine questions between drivers and driver leaders, freeing leaders to focus on retention-focused conversations.DcvelocityAI takes center stage at trucking industry conferenceAI took center stage at the SMC3 Connections conference held June 29–July 1 in Palm Beach, Florida, a gathering of LTL carriers, logistics providers, and technology companies from across the North American trucking industry. Stanford professor and AI expert Jeremy Utley opened the event with a keynote on shifting from merely 'using AI' to actively 'working with AI,' while multiple sessions addressed both the risks and rewards of AI adoption in transportation and logistics. A panel featuring Augment and GenLogs highlighted the growing threat of AI-driven freight fraud and showcased technology-driven countermeasures, and another session led by Echo Global Logistics and the University of Tennessee emphasized that most companies invest 90% in technology but only 10% in change management—a gap that industry leaders identified as the biggest obstacle to successful AI implementation.36krSpaceX on the Verge of Going Public: Some 'Shareholders' May Find Their Purchases Worthless PaperSpaceX is set to go public, but a gray intermediary network of SPVs may leave investors with worthless paper. These middlemen charge layered fees, and some operate fraudulently, as seen in lawsuits against Linqto. The SEC and regulators are investigating the sector.Transport TopicsAugment Expands Into Wholesale Distribution With Merlin DealAugment has acquired Merlin, an artificial intelligence startup focused on wholesale distribution, and will integrate its technology into Augment's flagship AI platform called Augie. The acquisition expands Augment beyond freight brokers, shippers and carriers into wholesale distribution, a sector the company values at over $8 trillion in the U.S., with Merlin having served enterprise distributors representing more than $20 billion in revenue under management. Founder Alex Moazed joins Augment as president of wholesale distribution alongside Merlin co-founders Nick Johnson and John Schumacher, and the expanded platform is already in use at distributors including Ewing Outdoor Supply, Insco Distributing, Brooks Safety Solutions and Reece.Pulse 2.0Augment Acquires Stealth Startup Merlin To Bring AI To The $8 Trillion Wholesale Distribution IndustryAugment, an AI productivity platform for supply chain, has acquired Merlin, a stealth AI company focused on wholesale distribution, integrating its capabilities into Augment's flagship AI teammate Augie. Merlin was led by distribution industry veteran Alex Moazed, who joins Augment as President of Wholesale Distribution alongside co-founders Nick Johnson and John Schumacher. The acquisition marks Augment's entry into an industry valued at more than $8 trillion in the U.S., with Merlin having served enterprise customers with over $20 billion in distributor revenue under management.SalesTech StarAugment Acquires Stealth Startup, Bringing AI to the $8 Trillion Wholesale Distribution IndustryAugment acquired Merlin, a stealth AI company for wholesale distribution, and integrated its capabilities into Augie. The acquisition targets the $8 trillion U.S. distribution industry, with Merlin serving distributors managing over $20 billion in revenue. Augie now offers a single AI platform for distributors, consolidating quote-to-cash workflows.YahooAugment makes first move into $8 trillion distribution sectorAugment has acquired Merlin, a stealth AI company focused on wholesale distribution, marking the supply chain AI platform's entry into the more than $8 trillion U.S. wholesale distribution sector. The deal brings distribution industry veteran Alex Moazed as president of wholesale distribution along with co-founders Nick Johnson and John Schumacher, formerly of Grainger. The acquisition was driven by customer demand from freight brokers and carriers who wanted the platform to work with distributors, their largest customer segment.Modern Distribution ManagementAugment Acquires Merlin, Taps Applico Team to Drive AI Push in DistributionAugment, an AI-powered supply chain productivity platform, has acquired Merlin, a stealth startup focused on wholesale distribution AI, marking Augment's formal entry into the $8 trillion U.S. wholesale distribution sector. As part of the deal, Merlin founders Alex Moazed, Nick Johnson and John Schumacher join Augment, with Moazed becoming President of Wholesale Distribution. The acquisition extends Augment's AI platform "Augie" beyond brokers, carriers and shippers to serve enterprise distributors including Ewing Outdoor Supply and Reece, representing over $20 billion in combined distributor revenue.Business Wire BlogAugment Acquires Stealth Startup, Bringing AI to the $8 Trillion Wholesale Distribution IndustryAugment, an AI productivity platform for supply chain, announced the acquisition of Merlin, a stealth AI company specializing in wholesale distribution, integrating its capabilities into Augment's flagship AI teammate Augie. The acquisition marks Augment's entry into the $8 trillion U.S. wholesale distribution industry and extends Augie's reach beyond freight brokers, shippers, and carriers. Merlin's team, led by distribution industry veteran Alex Moazed, joins Augment along with co-founders Nick Johnson and John Schumacher, with the combined platform already supporting over $20 billion in distributor revenue across customers including Ewing Outdoor Supply, Insco Distributing, Brooks Safety Solutions, and Reece.