Applied Intuition closes Series F and tender offer at $15B valuation
Applied Intuition closed a $600 million combined Series F fundraise and tender offer at a $15 billion valuation.
Evidence notes
- BlackRock-managed funds and Kleiner Perkins co-led the transaction.
- New investors included Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest, Stripes, Greycroft, BAM Elevate and 137 Ventures.
- Applied Intuition tied the financing to vehicle-intelligence product expansion, global team growth and broader work across commercial and defense markets.
Company context
Applied Intuition develops simulation, validation and autonomy-development software for intelligent machines. Its public profile spans automotive, defence, trucking, agriculture, construction and mining systems.