Augustus

Augustus

AI-native clearing bank for institutions

Overview

Augustus builds a modern clearing bank for the AI era, serving institutional clients such as global banks, fintechs, and digital asset exchanges through an OCC-chartered bank, Augustus Bank, N.A. Augustus is developing Marble, a proprietary AI-native core banking platform that enables 24/7 real-time settlement and programmable money, including stablecoins, over U.S. dollar rails like SWIFT, ACH, and SEPA. It differentiates itself by providing direct, always-on access to U.S. dollar clearing via a modern, programmable clearing layer backed by an OCC-chartered bank, rather than relying on traditional, slow correspondent banking. Its goal is to fix the distribution of the U.S. dollar in a global, machine-driven economy by expanding real-time dollar clearing for institutions worldwide, with emphasis on regions such as Latin America, Southeast Asia, the Middle East, and Africa.

Funded Recently

About Augustus

Simplify's Rating
Why Augustus is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Fintech

Financial Services

Company Size

51-200

Company Stage

Series B

Total Funding

$207.7M

Headquarters

New York City, New York

Founded

2021

Get referred to Augustus

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Aeronix Technologies Group acquisition drives transition from R&D to high-capacity production of ISR space systems
  • Augustus Aerospace will deliver over 40 flight payloads by end of 2024 across 15+ programs
  • Augustus Aerospace pioneered space-based sparse array system enabling multi-satellite synchronization for broad-area beamforming

What critics are saying

  • CubeSat communication hardware saturation causes 25–40% price erosion in LEO components within 6–12 months
  • Critical supply chain collapse for X-Band amplifier chips halts S2DR 1000 deliveries to CubeSat constellations in 3–9 months
  • Technology obsolescence from AI-native satellite clearing banks displaces Augustus core SDR business within 1–2 years

What makes Augustus unique

  • Augustus Aerospace engineers flagship S2DR 1000 Dual-Transceiver Space SDR specifically for compact LEO CubeSat deployments
  • Augustus tailors communications, radar, and ISR payloads primarily for U.S. Government aerospace needs
  • Augustus develops in-house high-performance Software Defined Radio, X-Band transmitter, and ISR payloads for high-altitude balloons

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$207.7M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$180M
Augustus

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Gym Membership

Relocation Assistance

Professional Development Budget

Growth & Insights

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Recently Posted Jobs

Sign up to get curated job recommendations

Augustus is Hiring for 12 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →