Applied Intuition, Inc. Asset Profile

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Year established

2017

Location

Mountain View CA US

Primary Industry

Software

About

Founded in 2017 and based in California, US, Applied Intuition, Inc. develops software infrastructure that develops, tests, and deploys autonomous vehicles for engineering and product development teams. The firm's solutions include simulation, analytics, and commercialization services. In March 2024, Applied Intuition, Inc. raised USD 250 million in Series E funding led by Lux Capital, including Porsche AG, Human Capital, Andreessen Horowitz, and General Catalyst Partners. The Series E funding valued the company at USD 6 billion post-money. Applied Intuition, Inc. offers solutions for companies of all sizes across various industries, ranging from automotive and trucking to agriculture and construction. The products developed by the company include Simian, Spectral, and Orbis for simulation. Basis and Applied Test Suites for Verification or Validation Strada and Logstream for drive data management. Meridian for map editing and analysis. Applied Intuition, Inc. plans to use the Series E funding to invest in its technology, hire more engineers, and expand its product offerings.

Current Investors

Lux Capital, Andreessen Horowitz, Floodgate

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Primary Industry

Software

Sub Industries

IT Infrastructure, Analytics & Performance Software, Engineering Software

Website

www.appliedintuition.com/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series E

Total Amount Raised

Subscriber access only

Deals

Deals Type
Secondary Stock Purchase

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Applied Intuition, Inc.	25 Jul 2024

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