Headquarters
Palo Alto, CAFounded
2022CEO / Founder
Igor OstrovskyEmployees
51-200Funding
Series B — $252MProducts
1 product listedAvg. AI Score
7.9/10Website
augmentcode.com/Augment Code is an AI-powered software development platform founded in 2022 and headquartered in Palo Alto, California. The company was co-founded by Igor Ostrovsky (CEO) and Scott Dietzen, among others, with a focus on building AI coding tools for enterprise engineering teams. The platform integrates with existing development environments including VS Code and JetBrains IDEs.
Augment Code's primary product is an AI coding assistant that indexes a team's entire codebase and connected repositories to provide context-aware code completions, an AI chat interface, and automated code generation. The platform is aimed at professional developers working in large, complex codebases, differentiating itself from consumer-oriented tools by emphasizing depth of codebase understanding across entire engineering organizations.
The company raised a $252 million Series B round in 2024, bringing its total disclosed funding to that amount. The round valued the company at approximately $977 million. Augment Code has attracted backing from investors including Sutter Hill Ventures and Index Ventures. As of 2024, the company employed roughly 100–150 people.
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