Applied Intuition Raises $175M Series D Co-Led By Elad Gil, Addition, And Coatue Management At $3.6B Valuation
Applied Intuition Raises $175M Series D Co-Led By Elad Gil, Addition, And Coatue Management At $3.6B Valuation
11/11/21, 12:00 PM
Location
mountain viewMoney raised
$175 million
Industry
software
Round Type
series d
Applied Intuition, Inc. has raised a $175 million Series D financing round co-led by Elad Gil, Addition, and Coatue Management at a $3.6 billion valuation. Existing investors, including Semil Shah, Andreessen Horowitz, General Catalyst, and Lux Capital, contributed significantly to the round, bringing Applied Intuition's total capital raised to over $350 million. The company also announced an advisory board consisting of former automotive executives Rick Wagoner and Dieter Zetsche.
Company Info
Location
mountain view, california, united states
Additional Info
Applied Intuition is a vehicle software supplier that accelerates the adoption of safe and intelligent machines worldwide.
Founded in 2017, Applied Intuition provides a simulation and validation platform for various industries such as automotive, trucking, construction, and more. 18 of the top 20 global automakers rely on Applied Intuition’s solutions to shorten development cycles, deliver high-quality systems, and accelerate the production of modern vehicles with confidence.