Augur was established by Forecast Foundation, an endeavor established by biophysicist Jack Peterson and financier Joey Krug, to name a few, in 2014. After the ICO in 2015, the task raised concealed quantities in 2 financing rounds in 2016 and 2017. All of the task’s creators are still on board, other than for Matt Liston, who left in 2014. The network had a significant upgrade in September 2021.