Funding round
Applied Intuition Series F
Applied Intuition, which works in vehicle software platform development in Sunnyvale, raised $600M in a Series F round announced on 17 Jun 2025, led by BlackRock, Kleiner Perkins and BlackRock-managed funds and accounts, at a $15.00B post-money valuation. 27 firms took part. It is Applied Intuition's fifth venture round on record; the one before was a Series E in Mar 2024.
$600M
Amount raised
$15.00B
Post-money valuation
$14.40B pre-money
27
Investors
3 leads
2.5x
Step-up from the Series E
$6.00B in Mar 2024
4.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Applied Intuition at $15.00B after the new money, 2.5 times the $6.00B of its Series E (Mar 2024). The $600M bought investors about 4.0% of the company. It came 15 months after Applied Intuition's Series E. It is 50% of the $1.19B Applied Intuition has raised in the venture rounds on record. No later venture round is on record for Applied Intuition.
Applied Intuition's funding rounds
Applied Intuition has 5 venture rounds on record. This one is highlighted.
- Series B 12 Sep 2019, led by General Catalyst $40M
- Series C 22 Oct 2020, led by Lux Capital, Andreessen Horowitz and General Catalyst $125M$1.25B post-money
- Series D 11 Nov 2021, led by Addition, Coatue and Elad Gil $175M$3.60B post-money
- Series E 12 Mar 2024, led by Lux Capital and Porsche Ventures $250M$6.00B post-money
- Series F this round 17 Jun 2025, led by BlackRock, Kleiner Perkins and BlackRock-managed funds and accounts $600M$15.00B post-money
Investors
Who put money in
BlackRock, Kleiner Perkins and BlackRock-managed funds and accounts led the round with 24 other firms.
Lead investors
- BlackRock new investor
- Kleiner Perkins backs 285 venture-backed companies new investor
- BlackRock-managed funds and accounts
Also in the round
- Franklin Templeton new investor
- Qatar Investment Authority backs 71 venture-backed companies new investor
- new investor
- Premji Invest backs 50 venture-backed companies new investor
- Stripes backs 101 venture-backed companies new investor
- Greycroft backs 236 venture-backed companies new investor
- BAM Elevate new investor
- 137 Ventures backs 25 venture-backed companies new investor
- Fidelity Management & Research Company new investor
- General Catalyst backs 574 venture-backed companies new investor
- Lux Capital backs 194 venture-backed companies new investor
- BOND backs 91 venture-backed companies new investor
- Addition Ventures new investor
- backs 69 venture-backed companies new investor
- Elad Gil new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- backs 69 venture-backed companies new investor
- Zeno Ventures new investor
- backs 26 venture-backed companies new investor
- Coatue backs 229 venture-backed companies new investor
- backs 41 venture-backed companies new investor
- M12 backs 141 venture-backed companies new investor
- Fidelity
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
22 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $155M, and this round was 3.9 times the median. The closest in time, other companies' Series F rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 17 Jun 2025 | $235M | not disclosed | Dragoneer Investment Group |
| Glean Tech Companies | 10 Jun 2025 | $150M | $7.20B | Wellington Management |
| Job&Talent Tech Companies | 10 Apr 2025 | $103M | $1.50B | not named |
| Anthropic Tech Companies | 2 Sep 2025 | $13.00B | $183.00B | ICONIQ and Lightspeed Venture Partners |
| Quantexa Tech Companies | 5 Mar 2025 | $175M | $2.60B | Ontario Teachers’ Pension Plan |
| Uniphore Tech Companies | 22 Oct 2025 | $260M | $2.50B | NVIDIA and AMD |
| Whatnot Tech Companies | 28 Oct 2025 | $225M | $11.50B | DST Global and CapitalG |
| Tech Companies | 19 Feb 2025 | $75M | $1.00B | Lightrock |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Applied Intuition raise in its Series F round?
Applied Intuition raised $600M in its Series F round, announced in Jun 2025.
Who led Applied Intuition's Series F round?
BlackRock, Kleiner Perkins and BlackRock-managed funds and accounts led it, with Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest and Stripes and 19 more.
What was Applied Intuition's valuation at the Series F round?
$15.00B post-money ($14.40B pre-money).
How does it compare with other Series F rounds in Tech Companies?
22 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $155M, and this round was 3.9 times the median.