Oak HC
Assembly Line
Dave Clark launches Auger, raises $100M for the AI venture
Dave Clark, a former Amazon and Flexport executive, announced he has embarked on a new venture with the launch of Auger, a logistics software startup. Backed by $100 million from the investment firm Oak HC/FT, Auger aims to power supply chain management operations using AI and other automation to optimize decision-making for companies of all sizes.
Despite that setback, Clark’s time at Amazon, where he led the rapid expansion of the company’s delivery network during the pandemic, allowed him to develop a deep understanding of global supply chain challenges. He explained in a LinkedIn post that Auger will leverage AI to help companies streamline supply chain processes and reduce inefficiencies, something he believes current market offerings, which rely on fragmented systems or “franken-software,” fail to achieve. A major feature of Auger’s platform will be its ability to unify data sources and provide real-time insights, enabling clients to make fast, informed decisions without needing specialized queries or extensive training.