Sonali Vijayavargiya

Founder and Managing Director, Augment Ventures
Sonali Vijayavargiya left Mumbai capital‑markets to found a venture firm, mentors founders, bridges Bay Area tech with Midwest industry, focuses on supply‑chain, manufacturing, energy and healthcare, and backed LLamasoft pre‑$1.5B.
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Sonali Vijayavargiya
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AI
Logistics
Climate
Deeptech / Hardware
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About Sonali Vijayavargiya

Sonali Vijayavargiya came to venture capital through capital markets rather than the usual path—she worked at PwC, IDBI, and Edelweiss in Mumbai, helped raise over $100 million for clients, and was part of the team that took Rediff.com public—before founding Augment Capital in 2005 and later writing the first seed check for LLamasoft, a supply-chain company that later sold for $1.5 billion. As a first-generation immigrant, statistician, and mother of two, she focuses on overlooked areas like supply chain, manufacturing, energy, and healthcare, working closely with founders while moving between Bay Area tech circles and Midwest industrial know-how, and mentoring founders through programs like Ann Arbor SPARK, Techstars, and the University of Michigan's Zell Lurie Commercialization Fund.

About their Fund

Augment Ventures

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AI, Logistics, Climate, Deeptech / Hardware, Fintech
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Augment Ventures is a Michigan-rooted venture fund, known as an early backer of LLamasoft, that focuses on AI-powered decision-making for supply chain, logistics, manufacturing, and industrial automation rather than generic software. Led by a woman founder, the fund targets overlooked, industrial-focused companies instead of more crowded consumer or horizontal software markets.

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