Company:Applied Intuition
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| Type | Private |
|---|---|
| Industry | Computer Software |
| Founded | 2017 |
| Founders |
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| Headquarters | Mountain View, California, U.S. |
Number of employees | 201-500 (2024)[1] |
| Website | applied |
Applied Intuition is an American software company founded by Qasar Younis and Peter Ludwig in 2017, which develops simulation and infrastructure tooling for the development of autonomous vehicles.
The company is headquartered in Mountain View, California with offices in Detroit, Tokyo, Seoul, and Munich.[2][3]
History
Younis and Ludwig met while working at Google on the Google Maps team where Younis was working as a group product manager, and Ludwig as a product manager and engineer, before Younis left to join YCombinator in 2014.[4] Younis and Ludwig remained in contact and started Applied Intuition in January of 2017.
Applied Intuition began by developing software for autonomy developers to test and validate software for autonomous vehicles in simulation, before growing their product offerings to support engineering workflows across advanced driver-assistance systems.
Funding
In 2018, Applied Intuition announced a Series A investment of $11.5 million from venture capital firms including Andreessen Horowitz, Lux Capital, and Floodgate.[5]
In September of 2019, Applied Intuition raised $40 million in Series B funding, led by General Catalyst and including Andreessen Horowitz, Kleiner Perkins, Lux Capital, Floodgate, and La Famiglia, among others.[6]
In October of 2020, Applied Intuition raised $125 million in a Series C financing round, from Andreessen Horowitz, Lux Capital, and General Catalyst.[7]
In November of 2021, Applied Intuition announced that it was raising $175 million in a Series D funding round led by Elad Gil, Addition Capital, and Coatue Management with a post money valuation of $3.6 billion.[8]
References
- ↑ "Applied Intuition Linkedin". March 8, 2024. https://www.linkedin.com/company/applied-intuition-inc/about.
- ↑ "倉庫・工場でも自動運転 仮想試験の米新興、日本進出へ" (in ja). 2020-11-20. https://www.nikkei.com/article/DGXMZO66441880Z11C20A1TJ1000.
- ↑ "Qasar Younis: Dieser Gründer will autonomes Fahren schneller möglich machen" (in de). https://www.handelsblatt.com/unternehmen/mittelstand/familienunternehmer/qasar-younis-dieser-gruender-will-autonomes-fahren-schneller-moeglich-machen/25232612.html.
- ↑ "A new role for Qasar". August 26, 2015. https://www.ycombinator.com/blog/a-new-role-for-qasar.
- ↑ "Applied Intuition raises $40 million for autonomous vehicle simulation tools" (in en-US). 2019-09-12. https://venturebeat.com/2019/09/12/applied-intuition-raises-40-million-for-autonomous-vehicle-simulation-tools/.
- ↑ "Applied Intuition, Whose Software Tests Self Driving Cars, Grabs $40 Million". September 12, 2019. https://www.wsj.com/articles/applied-intuition-whose-software-tests-self-driving-cars-grabs-40-million-11568286002.
- ↑ "Applied Intuition raises $125M Series C from existing investors Lux Capital, Andreessen Horowitz, and General Catalyst". October 27, 2020. https://www.prnewswire.com/news-releases/applied-intuition-raises-125m-series-c-from-existing-investors-lux-capital-andreessen-horowitz-and-general-catalyst-301159996.html.
- ↑ "Applied Intuition Raises $175 million for Automotive Software Tools". November 11, 2021. https://www.bloomberg.com/news/articles/2021-11-11/google-vets-raise-175-million-for-automotive-software-tools?embedded-checkout=true.
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