Applied Intuition

Applied Intuition
Company typePrivate
IndustryComputer Software
Founded2017; 7 years ago (2017)
Founders
HeadquartersMountain View, California, U.S.
Number of employees
201-500 (2024)[1]
Websitewww.appliedintuition.com

Applied Intuition is an American software company specializing in products for creating autonomous vehicles (AVs)[2] and advanced driver-assistance systems (ADAS).[3] Founded in 2017 and based in Mountain View, California, Applied Intuition develops tools for the development, testing, and deployment of AV and ADAS technologies in various industries, including automotive, trucking,[3] defense,[4] agriculture,[5] construction,[6] and mining.[2] The company leverages artificial intelligence (AI) technology to provide automakers and other entities with solutions to simulate driving scenarios in the development of autonomous systems.[3][7]

Applied Intuition products are used by 18 of the leading 20 global automakers. In addition to automotive manufacturers, Applied Intuition has worked with companies developing self-driving trucks, self-driving taxis, and robots for use in warehouses.[8]

In 2024 Applied Intuition completed a $250 million Series E funding round and a subsequent $300 million secondary offering, and achieved a valuation of $6 billion.[2][9] Investors include Andreessen Horowitz, Fidelity Investments, Kleiner Perkins, Microsoft's venture capital arm M12, and Porsche Investments Management.[4][9][10] With the investment by Andreessen Horowitz, Marc Andreessen joined the Applied Intuition board.[11]

  1. ^ "Applied Intuition valued at $6 billion in new funding round". Automotive News. March 12, 2024. Retrieved September 4, 2024.
  2. ^ a b c "Vehicle software maker Applied Intuition raises $250 mln from Porsche, others". Reuters. 2024-03-12. Retrieved 2024-08-30.
  3. ^ a b c "Applied Intuition debuts AI software helping autonomous systems navigate across all terrains". VentureBeat. 2024-06-17. Retrieved 2024-08-30.
  4. ^ a b "Applied Intuition lands $6B valuation for AI-powered autonomous vehicle software". TechCrunch. 2024-03-12. Retrieved 2024-08-30.
  5. ^ "Applied Intuition: Powering Autonomy". Harvard Business School. 2024-02-12. Retrieved 2024-08-30.
  6. ^ "Applied Intuition valued at $6 billion in new funding round". Automotive News. 2024-03-12. Retrieved 2024-08-30.
  7. ^ "Applied Intuition Raises $175 Million for Automotive Software Tools". Bloomberg. 2021-11-11. Retrieved 2024-08-30.
  8. ^ "Applied Intuition Reaches $1.25 Billion Valuation In New Funding For Its Autonomous Vehicle Testing Software". Forbes. 2020-10-23. Retrieved 2024-08-30.
  9. ^ a b "Startup Applied Intuition Closes on $300 Million Secondary Deal". Bloomberg. 2024-07-25. Retrieved 2024-08-30.
  10. ^ "Applied Intuition, Whose Software Tests Self-Driving Cars, Grabs $40 Million". Wall Street Journal. 2019-09-12. Retrieved 2024-08-30.
  11. ^ "How Self-Driving Cars Can Get Past the Learning Permit Stage, Without Any Risk". Bloomberg. 2018-09-12. Retrieved 2024-09-16.