Former Amazon Exec Dave Clark Launches AI Supply Chain Startup Auger with $100M Funding
Auger aims to streamline global supply chains with AI technology, targeting Fortune 100 companies with complex logistics needs.
- Dave Clark, known for transforming Amazon's logistics, is now focusing on simplifying supply chains through his new startup, Auger.
- Auger has secured $100 million in Series A funding from venture firm Oak HC/FT to develop its AI-powered platform.
- The startup will initially target large companies with intricate global supply chains, aiming to replace outdated systems with a unified, intuitive solution.
- Clark returned to Seattle, citing the region's supply chain expertise, and plans to expand Auger's team to 30-40 employees within six months.
- Auger seeks to address inefficiencies in supply chains, which are often managed with disjointed systems and tools like Excel.