Tech Company Financing Transactions

Applied Intuition Funding Round

Applied Intuition closed a $175 million Series D investment round on 11/12/2021. Investors included Addition Capital, Coatue Management and Elad Gil.

Transaction Overview

Company Name
Announced On
11/12/2021
Transaction Type
Venture Equity
Amount
$175,000,000
Round
Series D
Investors

Addition Capital (Lead Investor)

Coatue Management (Lead Investor)

Elad Gil (Lead Investor)

Andreessen Horowitz (Marc Andreessen)

General Catalyst Partners (Hemant Taneja)

private investors (Semil Shah)

Lux Capital

Proceeds Purpose
The additional capital allows Applied Intuition to serve the increased demand for its software tools for autonomous system development and accelerate its product development to support additional use cases across industries.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
157 S Murphy Ave.
Sunnyvale, CA 94086
USA
Phone
Undisclosed
Email Address
Overview
At Applied Intuition, Inc. (Applied), we are building advanced simulation and infrastructure tools for the autonomous vehicle industry. Our goal is to allow companies pursuing AV technology (both Silicon Valley startups and traditional OEMs) to accelerate their software development process while ensuring that their AV products are safe for consumers.
Profile
Applied Intuition LinkedIn Company Profile
Social Media
Applied Intuition Company Twitter Account
Company News
Applied Intuition News
Facebook
Applied Intuition on Facebook
YouTube
Applied Intuition on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Qasar Younis
  Qasar Younis LinkedIn Profile  Qasar Younis Twitter Account  Qasar Younis News  Qasar Younis on Facebook
Chief Technical Officer
Peter Ludwig
  Peter Ludwig LinkedIn Profile  Peter Ludwig Twitter Account  Peter Ludwig News  Peter Ludwig on Facebook


 

 

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