Augment Code

About Augment Code

Financials

Dated, source-cited figures. Estimates are marked.

Products by Augment Code

All products by Augment Code reviewed by our AI panel of experts.

Augment CodeAI Coding Tools

AI coding agent built around codebase-wide context

From $20/mo7.9/10

How Our Review Panel Scores Augment Code

Six independent reviewer personalities assessed Augment Code's product on their own terms. They disagreed by 1.0 points — The Skeptic was the hardest to convince, The Domain Strategist the most positive.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Augment Code competes with, and how they differ.

GitHub (Copilot)7.5/10

GitHub Copilot is the mainstream, broadly-adopted AI coding assistant Augment was framed against at its 2024 launch ("GitHub Copilot rival"), while Augment targets enterprise teams with a large-codebase context engine rather than individual-developer autocomplete.

1 product reviewed on TopReviewed

Sourcegraph (Cody)7.5/10

Sourcegraph's Cody targets the same enterprise "understand a massive codebase" problem as Augment's context engine, competing directly for large engineering-org customers.

1 product reviewed on TopReviewed

Devin (Cognition)7.8/10

Devin (Cognition) is an autonomous coding agent aimed at fully automating tasks end-to-end, overlapping with the agent-centric direction Augment pivoted toward (Intent, Cosmos) after sunsetting its IDE completions.

1 product reviewed on TopReviewed

Tabnine8.0/10

Tabnine emphasizes on-prem/private deployment and enterprise security for code completion, competing with Augment for security-conscious enterprise buyers.

1 product reviewed on TopReviewed

Cursor (Anysphere)7.8/10

Cursor (Anysphere) remains focused on individual developers and small teams via its AI-native IDE -- the exact segment Augment moved away from when it retired its free/individual plans in 2026.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Augment Code's history, with sources.

1. Jun 22, 2026Milestone

   Discontinued JetBrains IDE extensions, pivoted to Cosmos/Augie CLI

   Augment discontinued its JetBrains IDE extensions and eliminated its free Community plan, moving upmarket to enterprise teams via its Cosmos agent platform and Augie CLI rather than shutting down as a company.

   blog.kilo.ai
2. Mar 5, 2026Milestone

   Announced sunset of Next Edit and Completions for non-Enterprise plans

   Augment announced it would sunset its Next Edit and Completions IDE features for non-Enterprise plans effective March 31, 2026, citing declining usage as developers shift to agent-centric workflows and redirecting focus to its Intent multi-agent product.

   augmentcode.com
3. Oct 28, 2025Partnership

   Partnership with Xoriant for enterprise AI-driven development

   Augment Code and digital engineering firm Xoriant announced a partnership offering "Xoriant AI Pods" to accelerate enterprise legacy-system modernization using Augment's context engine.

   prnewswire.com
4. Nov 4, 2024Funding

   Evolution Equity Partners joins Series B round

   Cybersecurity-focused investor Evolution Equity Partners joined Augment's Series B round, a move the company tied to a strategic pivot toward enterprise codebase security and governance.

   prnewswire.com
5. Apr 24, 2024Funding

   Series B -- $227M at $977M valuation, emerges from stealth

   Augment emerged from stealth announcing a $227 million Series B at a $977 million post-money valuation, led by Sutter Hill Ventures with Index Ventures, Innovation Endeavors, Lightspeed Venture Partners and Meritech Capital, bringing total funding to $252 million.

   techcrunch.com
6. 2023Funding

   Stealth Series A -- $25M led by Sutter Hill Ventures

   Augment quietly raised a $25 million Series A led by Sutter Hill Ventures while still in stealth mode, disclosed only retroactively at the 2024 Series B announcement.

   techcrunch.com
7. 2022Founded

   Founded by Igor Ostrovsky and Guy Gur-Ari, incubated by Sutter Hill Ventures

   Augment was founded in 2022 by Igor Ostrovsky (formerly chief architect at Pure Storage) and Guy Gur-Ari (formerly Google AI research), incubated inside Sutter Hill Ventures' evergreen model with Sutter Hill's Michael Speiser serving as founding CEO.

   techcrunch.com