Augury has announced that it has raised $75 million, with the round being led by Lightrock with participation from several of Augury's existing investors- Insight Partners, Eclipse, Qumra Capital as well as Schneider Electric Ventures and Qualcomm Ventures.

The new round represents an increase in valuation for Augury, which maintains its position as the only 'unicorn' startup in the Production Health category. Since its last funding round in 2021, Augury has seen a five-fold increase in revenues, tripled customer base among Fortune 500 manufacturers, and expanded its product portfolio from asset performance and reliability to incorporate AI driven solutions for process optimization.