Augury

Augury is a machine-health and predictive-maintenance company founded in 2011 by Saar Yoskovitz and Gal Shaul. The company is headquartered in New York and maintains significant R&D operations in Haifa, Israel. Augury is privately held; it has raised multiple rounds of venture funding, including a $180M Series E round in 2021 that valued the company at approximately $1.3B, reaching unicorn status.

The core product is an IoT-based platform that attaches vibration and ultrasound sensors to industrial machinery — pumps, fans, compressors, conveyors — and uses machine-learning models to detect early signs of mechanical failure before a breakdown occurs.

Augury sells its Machine Health platform primarily to manufacturing and industrial companies, targeting reliability engineers, maintenance managers, and plant operations teams. The platform combines proprietary hardware sensors installed on rotating equipment with a cloud-based analytics layer that flags anomalies, diagnoses root causes, and predicts remaining useful life of components. The go-to-market model is enterprise sales-led, typically structured as a subscription tied to the number of monitored machines.

Augury's stated technical moat is its proprietary dataset of machine vibration and ultrasound signatures accumulated across thousands of industrial assets over many years of deployment, which it uses to train diagnostic models that are difficult for newer entrants to replicate.

The flagship product is the Machine Health platform, which covers continuous remote monitoring of production machinery. Augury has also expanded into what it calls Process Health, aiming to correlate machine-condition data with production-process outcomes — moving beyond preventing breakdowns toward optimizing yield and quality. Both offerings are sold as a combined subscription.

Augury competes in the industrial predictive-maintenance and condition-monitoring space alongside companies such as SKF (through its IMx and Enlight product lines), Emerson (AMS), and Uptake. The broader sector benefits from the industrial digitization tailwind, as manufacturers seek to reduce unplanned downtime and extend equipment life.

Augury's R&D center is based in Haifa. The Haifa site houses engineering, data science, and product teams. Co-founder Gal Shaul is Israeli, and the Haifa presence reflects the company's Israeli founding roots. The company has historically hired in Israel for roles in software engineering, machine learning, and embedded systems.