EX-CEO OF AMAZON WORLDWIDE CONSUMER AND FLEXPORT RAISES $100M FOR NEW VENTURE

Summary from the TLDR Founders newsletter

Dave Clark, former CEO of Amazon Worldwide Consumer and Flexport, has launched Auger, a supply-chain technology startup, with $100 million in Series A funding from Oak HC/FT. Auger aims to provide AI-powered solutions to optimize supply chain operations for large companies by unifying data and enhancing decision-making. Based in the Seattle area, the startup targets a $25 billion market, leveraging Clark's extensive experience in supply chain management to address inefficiencies and human-centric issues within the industry.