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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  • The startup will initially target large companies with intricate global supply chains, aiming to replace outdated systems with a unified, intuitive solution.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.
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