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How Augment Code CEO Matt McClernan grew Augment Code to $20M revenue with a 156 person team in 2025.

Augment puts your team’s collective knowledge—codebase, documentation, and dependencies—at your fingertips via chat, code completions, and suggested edits. Get up to speed, stay in the flow and get more done. Lightning fast and highly secure, Augment works in your favorite IDEs and Slack. We proudly augment developers at Webflow, Kong, Pigment, and more. We are alumni of great AI and cloud companies, including Google, Meta, NVIDIA, Snowflake, and Databricks. If, like us, you believe in augmenting and not replacing software developers, join us on our mission to improve software development at scale using AI.

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Augment Code Revenue

In 2025, Augment Code's revenue reached $20M. Since its launch in 2022, Augment Code has shown consistent revenue growth.

Augment Code Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M2022202320242025$0$20MSource: GetLatka.com
YearMilestone
2025Augment Code Hit $20m revenue in October 2025
2022Launched with $0 revenue

Augment Code Valuation, Funding Rounds

Augment Code has not publicly disclosed its valuation. The company has raised $252M in total funding to date.

Augment Code has raised $252M in total funding across 2 rounds, most recently a $227M Series B round in 2024.

Augment Code Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$60M$120M$180M$240M$300M2022202320242022 cumulative: $0 • 2022 Founded: $02023 cumulative: $25M • 2022 Founded: $0 • 2023 Series A: $25M2024 cumulative: $252M • 2022 Founded: $0 • 2023 Series A: $25M • 2024 Series B: $227M$252M2022 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2024Series B$227M--
2023Series A$25M--

Augment Code Employees & Team Size

Augment Code employs approximately 156 people as of 2026.

Augment Code has 156 total employees in different roles and functions.

Augment Code Team GrowthReported headcount over time04080120160200202220232024202500156156Source: GetLatka.com
YearMilestone
2025Reached 156 employees (October 2025)

Founder / CEO

Matt McClernan

Matt McClernan is listed as Founder / CEO at Augment Code.

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Customers

We do not have customer count information for Augment Code yet.

Frequently Asked Questions about Augment Code

What is Augment Code's revenue?

Augment Code generates $20M in revenue.

Who is the CEO of Augment Code?

The CEO of Augment Code is Matt McClernan.

How much funding does Augment Code have?

Augment Code raised $252M.

How many employees does Augment Code have?

Augment Code has 156 employees.

Where is Augment Code headquarters?

Augment Code is headquartered in Palo Alto, California, United States.

Compare Augment Code to the industry

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Augment Code Revenue 2025: $20M ARR, $252M Raised