Seattle-based Augmodo has raised $21 million in a funding round led by TQ Ventures, valuing the company at $350 million. The startup, founded in 2023, makes AI-powered wearable cameras for retail workers to track store shelves in real time. It now plans to expand beyond retail into warehouses, factories, hospitals and automotive settings. Augmodo's Smartbadges use computer vision and 3D mapping to monitor inventory as employees move through aisles. The company has grown revenue 10x over the past year and now maps more than 186 million square feet of retail space monthly. It expects to reach 1 billion square feet per month by year's end. The company has expanded from 10 to more than 50 employees over the past year. Other investors include Lerer Hippeau, Jefferson River Capital and Chemist Warehouse.

Augmodo, a Seattle-based startup using AI-powered wearable SmartBadges to track tasks and inventory for frontline workers, has grown its team nearly fivefold over the past year. The expansion follows a $37.5 million Series A funding round. The company has hired Bradford Snow as chief technology officer, bringing experience from Microsoft HoloLens, Amazon Alexa, Meta Reality Labs and Axon. The core team from Pointy, a retail inventory startup Google acquired for $163 million, has also joined. Augmodo's platform uses spatial AI to create live 3D store maps and provides real-time analytics through its SpatialView platform, eliminating manual audits. The company is expanding beyond retail into warehouses and factories, with employees now across eight countries including the US, UK, Australia and Brazil.