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Augment Code

Backed bySutter Hill VenturesLightspeedIndex Ventures
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Augment Code is an enterprise AI coding assistant trained on your private repositories. Unlike general-purpose AI, it understands your architecture, naming conventions, and internal APIs β€” helping engineers write context-aware code 10x faster.

Location
Palo Alto, USA
Raised
$252M
Stage
Series C
Founded
2022
Category
AI
Funding
VC-backed
Team
50-200

Funding figures as of Jul 2025 Β· not independently verified

Founders of Augment Code

  • Igor Ostrovsky
  • Sam Lim

Investors backing Augment Code

  • Sutter Hill Ventures
  • Lightspeed
  • Index Ventures

Frequently asked questions

What does Augment Code do?

Augment Code is an enterprise AI coding assistant trained on your private repositories. Unlike general-purpose AI, it understands your architecture, naming conventions, and internal APIs β€” helping engineers write context-aware code 10x faster.

Where is Augment Code based?

Augment Code is based in Palo Alto, USA.

When was Augment Code founded?

Augment Code was founded in 2022.

How much has Augment Code raised?

Augment Code has raised $252M in their Series C round as of Jul 2025.

Who founded Augment Code?

Augment Code was founded by Igor Ostrovsky, Sam Lim.

Who has invested in Augment Code?

Augment Code is backed by Sutter Hill Ventures, Lightspeed, Index Ventures.

How Augment Code would pitch themselves

β—‹ Auto-generated
01Target customer

Companies + developers adopting AI in their stack β€” from indie builders to enterprise ML teams working on the ai coding assistant that knows your codebase.

02Problem they solve

Augment Code is an enterprise AI coding assistant trained on your private repositories. Unlike general-purpose AI, it understands your architecture, naming conventions, and internal APIs β€” helping engineers write contex… The category has historically been served by tools that miss the modern workflow this product is built around.

03Key differentiator

Augment Code differentiates on the ai coding assistant that knows your codebase. Backed by Sutter Hill Ventures + Lightspeed, $252M raised β€” the company has resources + validation to compound this thesis. Founded by Igor Ostrovsky + team.

04Go-to-market strategy

Growth-stage GTM β€” multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.

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