AugmentCode (Augment) is building an enterprise AI coding assistant designed for large software teams working on millions of lines of code. The company focuses on on-premise deployments for organizations that require code to stay within their infrastructure.

Founded in 2022, the platform has demonstrated >40% increase in developer productivity for enterprise customers.

Raised $252M at $977M valuation. Selected Claude on Google Cloud's Vertex AI for their platform after extensive model testing.