# Augmenta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/augmenta

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.augmenta.ai
- Total disclosed funding: $26M
- Latest round: Seed (Mar 12, 2025)
- Investors on record: 8

## About

Based in Ontario, Canada, and founded in 2018, Augmenta is a software firm that provides design solutions for the construction industry. In March 2025, Augmenta Inc. raised CAD 14.4 million in seed funding led by new investor Prelude Ventures, with participation from another new investor Montage Ventures. As of 2023, the company is led by its CEO, Francesco Iorio. Augmenta offers an Augmenta construction platform (ACP), a SaaS-enabled platform that uses artificial intelligence technologies like machine learning and mathematical optimization tools to automate the design of electrical systems in buildings. The firm’s cloud-based software allows engineers and contractors to create constructible, code-compliant electrical designs in hours instead of weeks and automates many of the tasks involved in electrical design, including creating circuit diagrams. The company will use the March 2025 funding to refine and expand its building design software.

## Funding rounds

- Seed, Mar 12, 2025, $10M — Montage Ventures, Prelude Ventures
- Seed, Jun 21, 2023, $12M — BDC Capital, Eclipse Ventures, Hazelview Ventures, Suffolk Technologies
- Seed, Jun 21, 2022, $4.1M — Ferguson Ventures, Hazelview Ventures, Whiteshell Group Inc.

## Investors

- Ferguson Ventures (https://capitalatlas.ai/funds/ferguson-ventures) — Seed
- Hazelview Ventures (https://capitalatlas.ai/funds/hazelview-ventures) — Seed
- Whiteshell Group Inc. — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Seed
- Suffolk Technologies (https://capitalatlas.ai/funds/suffolk-technologies) — Seed
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Seed
- Prelude Ventures — Seed