
Augment Code
Founded Year
2022Stage
Incubator/Accelerator | AliveTotal Raised
$252MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+188 points in the past 30 days
About Augment Code
Augment Code develops an artificial intelligence platform that has a coding agent providing code context and suggestions, along with integration with development tools. It was founded in 2022 and is based in Palo Alto, California.
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ESPs containing Augment Code
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The coding AI agents & copilots market consists of AI-powered solutions that help software developers write, fix, test, and maintain code. These tools offer features like intelligent code completion, natural language code generation, automated testing, code review, debugging assistance, and technical debt management. Many solutions integrate directly with popular IDEs and development environments,…
Augment Code named as Leader among 15 other companies, including Replit, Cognition, and Anysphere.
Augment Code's Products & Differentiators
Augment Code
Developer AI for real work
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Research containing Augment Code
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Augment Code in 5 CB Insights research briefs, most recently on Sep 3, 2025.


Aug 14, 2025 report
Book of Scouting Reports: Enterprise AI AgentsExpert Collections containing Augment Code
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Augment Code is included in 4 Expert Collections, including Artificial Intelligence (AI).
Artificial Intelligence (AI)
20,894 items
AI agents & copilots
1,771 items
Companies developing AI agents, assistants/copilots, and agentic infrastructure. Includes pure-play emerging agent startups as well as companies building agent offerings with varying levels of autonomy.
Generative AI
2,951 items
Companies working on generative AI applications and infrastructure.
AI agents (March 2025)
376 items
Companies developing AI agent applications and agent-specific infrastructure. Includes pure-play emerging agent startups as well as companies building agent offerings with varying levels of autonomy. Not exhaustive.
Latest Augment Code News
Oct 29, 2025
Sunnyvale, CA & Mumbai, India, 29th October, 2025: In a pivotal move redefining enterprise software engineering, Xoriant, a premier digital engineering company, announces a strategic partnership with Augment Code , a leading innovator in AI-powered software development space. This strategic partnership is set to reshape how enterprises rapidly realize growth through AI-native development processes, achieving 50% faster time-to-market for software products, 75% reduction in development costs. Today's enterprises grapple with managing and modernizing massive, complex codebases. These are often built over years, across diverse languages, tools, and legacy systems. Powered by investments from Innovation Endeavors, Index Ventures, Sutter Hill Ventures, Lightspeed Venture Partners, and Meritech Capital, Augment Code's AI platform is powered by its context engine which uniquely addresses these challenges. It enables architectural explorations, seamless reverse engineering, code refactoring, issue triaging and remediation, as well as accelerated migration from legacy systems to modern technologies—like React, Java, .NET, and cloud platforms thereby quickly reducing its tech debt. The Augment Code and Xoriant partnership goes beyond adopting new technology. It leverages Xoriant's deep product engineering DNA, proven modernization frameworks, and hands-on experience in enterprise-scale transformation and Augment's expertise in AI-powered coding. With Augment Code, Xoriant now offers ‘Xoriant AI Pods' to its customers, a collaboration that has already demonstrated significant impact: Over 90% time reduction in UI and application modernization projects, even within highly complex, legacy environments. Up to 75% faster development of microservices-based ecosystems in languages like Go, Java, and C++. Up to 95% efficiency in embedded test automation and intelligent root cause analysis for mission-critical systems. “ Augment Code has rapidly emerged as a trusted leader in AI-driven code generation, earning the confidence of some of the world's most forward-thinking enterprises. We see our partnership with them as more than a technology collaboration. It's a shared vision for building the future of digital-native businesses. By integrating Augment Code's AI-native platform into our digital engineering ecosystem, we're enabling both technical and business teams to move faster, reduce complexity, and unlock entirely new value streams,” said Pramod Murthy SVP & Head of Engineering, Cloud & Security, Xoriant. “Software engineering, particularly at scale, remains one of the most complex and friction-laden challenges in the enterprise world. At Augment Code, our vision is to fundamentally transform that experience through AI that doesn't just assist, but actively collaborates. Our platform empowers teams to build high-quality software faster, more intelligently, and with far less operational drag. Xoriant's commitment to accelerating businesses to be digital-native aligns perfectly with our mission and together, we're enabling a future where software creation is not a bottleneck, but a catalyst for organizational agility, innovation potential, and growth. The partnership demonstrates what's possible when world-class AI meets world class engineering,” said Matt McClernan, CEO, Augment Code According to McKinsey, generative AI could add up to USD 4.4 trillion annually to the global economy, with software engineering among its most profoundly impacted sectors. The Xoriant–Augment Code alliance brings this potential directly to engineering and business leaders charged with building resilient, future-ready organizations. Continue Reading Previous Altos Unveils Next-Gen AI Workstation BrainSphere GB10 F1 Leave a Reply
Augment Code Frequently Asked Questions (FAQ)
When was Augment Code founded?
Augment Code was founded in 2022.
Where is Augment Code's headquarters?
Augment Code's headquarters is located at 755 Page Mill Road, Palo Alto.
What is Augment Code's latest funding round?
Augment Code's latest funding round is Incubator/Accelerator.
How much did Augment Code raise?
Augment Code raised a total of $252M.
Who are the investors of Augment Code?
Investors of Augment Code include Google Cloud Next, Evolution Equity Partners, Sutter Hill Ventures, Eric Schmidt, Lightspeed Venture Partners and 9 more.
Who are Augment Code's competitors?
Competitors of Augment Code include Anysphere, Cognition, Mesh HQ, Windsurf, Bito and 7 more.
What products does Augment Code offer?
Augment Code's products include Augment Code.
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Compare Augment Code to Competitors

Sourcegraph offers a code intelligence platform. The company offers a coding assistant, search capabilities for codebases, and tools that automate some development tasks. It primarily serves the software development industry and provides tools that work with different code hosts. It was founded in 2013 and is based in San Francisco, California.

Replit focuses on application development within the software industry. It provides a platform for building web applications, games, chatbots, and other types of software, using AI to assist with coding and design. Replit serves a range of roles including product managers, designers, software engineers, and founders, across sectors such as technology startups, enterprise solutions, and individual developers. Replit was formerly known as Neoreason. It was founded in 2016 and is based in San Mateo, California.

Anysphere is an applied research lab focused on automating coding within the software development industry. The company develops tools to create a hybrid engineer combining human and artificial intelligence to enhance programming efficiency. Anysphere primarily serves the software engineering sector, offering solutions that integrate machine learning and systems design. It was founded in 2022 and is based in San Francisco, California.

Cognition operates as an applied artificial intelligence (AI) lab that develops AI-driven tools for software engineering. It offers an AI teammate that assists engineering teams in software development tasks. It serves the software engineering industry. It was founded in 2023 and is based in New York, New York.

CodeComplete focuses on providing artificial intelligence (AI)-powered development tools. Its main service includes an AI coding assistant for enterprises, designed to improve the end-to-end developer workflow by incorporating the company's libraries and coding patterns while ensuring data security and privacy. The company primarily serves the enterprise software industry. It was founded in 2022 and is based in San Francisco, California.

Tabnine focuses on artificial intelligence (AI). It offers an AI assistant that provides code completion capabilities, aiming to increase efficiency in software development by automating routine coding tasks. The primary customers of Tabnine are developers and software development companies. The company was founded in 2017 and is based in Tel Aviv, Israel.
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