Augmodo, a Seattle-based company, has raised $5.3 million in funding for its real-time inventory tracking platform that utilizes wearable technology.
The funding round was led by Lerer Hippeau and included participation from Dunnhumby Ventures and other strategic angel investors.
The funds will be used to enhance and scale Augmodo's platform, which offers real-time inventory and task-tracking, providing businesses with improved efficiency and data insights.
Augmodo's unique integration of wearable technology with advanced software systems sets it apart from traditional inventory management systems.