Dave Clark spent 23 years building out Amazon’s delivery network and a brief stretch heading up digital freight forwarder Flexport.
Now his own company, Auger, has raised $50 million in a Series B round led by venture capital firm Eclipse, with existing backer Oak HC/FT also participating
The round brings total funding to $150 million for the supply chain technology company which has grown to about 130 employees. More from WWD The funding was ave Clark confirmed the report from his LinkedIn account. “More and more enterprises are reaching the same conclusion: autonomy is their future. And almost no one can actually deliver on that promise.
We raised now to move faster toward where our customers are already headed,” Clark said in a post announcing the funding Thursday. “This round accelerates the build: the new products our customers are asking for, and more sales and solutions engineers next to the enterprises that want them.” Clark launched Auger in the fall of 2024, just over two years after leaving Amazon, where he led the company’s worldwide consumer business. In between his stints at both companies, Clark spent roughly a year as CEO of Flexport. Auger’s enterprise software is designed to use AI to automate day-to-day supply chain execution decisions.