6 years ago

Augnet Secures €1.47 Million Seed Funding to Revolutionize SMS Messaging

  • London-based startup Augnet has raised €1.47 million in a seed funding round led by Triple Point Venture Fund

  • The company has developed a unique technology that enables SMS messages to be tracked and ensures a 100% delivery rate

  • The fresh capital will be used to further develop the platform, support the testing stage and invest in sales and marketing channels.

      • ProblemTechnology

      "SMS messages are not always delivered to users, and there is no way to track or audit delivery rates. This can lead to fraud, wasted marketing spend, and a lack of accountability."

      Solution

      "Augnet has developed a technology that enables SMS messages to be tracked and ensures a 100% delivery rate. This allows companies to audit and trace SMS delivery historically and in real-time, reducing fraud, increasing accountability, and improving SMS marketing features."

      Covered on