Augment Code
Augment Code is an AI coding platform for enterprises that raised $252M in Series B funding in November 2024. It helps developers understand and modify codebases faster by indexing documentation and dependencies in real time.
The growth story
Augment Code grew from 7 to 134 employees between 2022 and 2026, raising $252M along the way, most recently a Series B in November 2024.
About
Augment Code sells software that analyzes companies' existing codebases and documentation to help developers work more efficiently. Its system is aimed at large enterprises needing to maintain or update complex legacy systems.
The company launched publicly in November 2024 after 2.5 years in stealth development. It has raised $252M to date, with backing from firms like Index Ventures and Innovation Endeavors.
Founders and leadership
Engineering makes up nearly a quarter of the 134-person staff. The leadership team comes from major AI and cloud companies including Google, Meta, and NVIDIA.
The Augment Code org chart
Matt McClernan (Chief Executive Officer) leads 33 mapped leaders with 4 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 60 (-18% YoY), Sales 19 (+19% YoY), Marketing 8 (-11% YoY), Information Technology 7 (+40% YoY), Business Development 7 (-22% YoY), Entrepreneurship 6 (-14% YoY).
Talent flow
The team draws heavily from Pure Storage (10 hires) and Google (8 hires). Alumni frequently move to AI firms like Anthropic (9 departures) and OpenAI (8 departures). Employees typically stay about one year before moving on, with many joining cutting-edge AI startups.
Most common previous employers of Augment Code staff: Pure Storage (10), Google (8), MongoDB (7), Snowflake (6), Datadog (6), Uber (6). Former Augment Code employees most often moved to Anthropic (9), OpenAI (8), SpaceXAI (7), Cursor (3), Google (3), Microsoft AI (3).
Alumni worth knowing
Web traffic
Traffic mix: 42% direct, 39% search, 4% social, 1% paid.
What this company is made of
Most common skills at Augment Code: Python (Programming Language) (50), JavaScript (43), Java (41), Leadership (41), Public Speaking (38), Management (38), Software as a Service (SaaS) (35), Software Development (33).
Where the team actually sits
Augment Code people are concentrated in California, United States (54), San Francisco Bay Area (28), Massachusetts, United States (8), Greater Boston (4).
Search footprint
Augment Code attracts about 13,070 organic search visits a month, traffic worth roughly $26K a month if bought through ads. It gained 1,306 ranking keywords and lost 1,175 in the last period.
What employees say
- Compensation
- 4.50 / 5
- Career opportunities
- 4.50 / 5
- Senior management
- 4.20 / 5
- Work-life balance
- 4.20 / 5
Frequently asked
Augment Code has 134 employees as of September 2026.
Augment Code has raised $252M in total, most recently a Series B round in November 2024.
Augment Code was founded in 2022 by Igor Ostrovsky.
Matt McClernan (Chief Executive Officer) sits at the top of Augment Code's reporting structure, with 4 direct reports.
The most common previous employers of current Augment Code staff are Pure Storage (10 people), Google (8 people), MongoDB (7 people).
Former Augment Code employees most often move to Anthropic (9), OpenAI (8), SpaceXAI (7).
Augment Code attracts about 13,070 organic search visits a month, worth roughly $26K a month in equivalent ad spend.
The most common skills among Augment Code staff are Python (Programming Language), JavaScript, Java, Leadership, Public Speaking.
Augment Code staff are concentrated in California, United States (54), San Francisco Bay Area (28), Massachusetts, United States (8).
Augment Code has about 60 people in Engineering, down 18% over the past year, as of September 2026.
Augment Code has about 19 people in Sales, up 19% over the past year, as of September 2026.
Computed from 109 current and 130 former Augment Code profiles, as of September 2026. Source: Crustdata.
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