❯ Applied Intuition seeks at least $1.5 billion in funding at a proposed $30 billion pre-money valuation

The round remains under negotiationReporting attributed to Bloomberg says vehicle-intelligence company Applied Intuition is discussing at least $1.5 billion in new funding at a proposed pre-money valuation of about $30 billion. General Catalyst plans to lead with roughly $250 million, but terms remain unsettled. The report first appeared on November 11, and the company has not announced a closing.

Customers buy development and operating toolsApplied Intuition supplies simulation tools, vehicle operating systems and autonomy software to automakers and companies in trucking, construction, mining and agriculture. Customers can validate behavior virtually before deploying software on real machines, reducing repetitive development and testing. Its previous transaction, announced in June 2025, combined funding and a tender offer totaling $600 million at a $15 billion valuation.

A higher valuation anticipates wider adoptionA person cited in the report said the company expects 2026 revenue above $560 million and more than $1 billion in 2027, with the latter still a projection. The proposed valuation would double the previous round’s, reflecting expectations for broader adoption of intelligent-vehicle software. Additional funding could extend development and deployment capacity for a business requiring lengthy testing and customer integration, though the amount and valuation remain subject to negotiation.

▮ SIGNALLong integration and validation cycles make funding useful for expanding deployments, while a $30 billion valuation would already price in expectations of faster revenue growth.