The Technology team advised Applied Intuition, Inc. on a $600 million Series F fundraise and tender offer at a $15 billion valuation. The round was co-led by BlackRock-managed funds and accounts and Kleiner Perkins and included new investors in the round such as Franklin Templeton, Qatar Investment Authority, Abu Dhabi Investment Council, Premji Invest, Stripes, Greycroft, BAM Elevate, and 137 Ventures. Existing investors participating in the round include Fidelity Management & Research Company, General Catalyst, Lux, BOND, Elad Gil, Addition, and Tribe Capital. This round of funding will propel Applied Intuition into its next phase of vehicle intelligence, deeper product expansion, and global team growth.
Applied Intuition is the vehicle intelligence company that accelerates the global adoption of safe, AI-driven machines. Founded in 2017, Applied Intuition delivers the toolchain, Vehicle OS and autonomy stacks to help customers build intelligent vehicles and shorten time to market. Eighteen of the top 20 global automakers and major programs across the Department of Defense trust Applied Intuition's solutions to deliver vehicle intelligence. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries and is headquartered in Mountain View, CA, with offices in Washington, D.C., San Diego, CA, Ft. Walton Beach, FL, Ann Arbor, MI, London, Stuttgart, Munich, Stockholm, Seoul and Tokyo.
The Goodwin team was led by Caine Moss, David Brekke, Patrick Sims, Morgan Monroe, Diana Cao, Tuyet Pham, Paris Gravley, Belem Sanchez, Kevin Liu, Simone Waterbury, Justin Pierce, Jessica Aldrich, Caroline Bullerjahn, Ora Grinberg, Garret Gaughan, Julia White, Brad Weber, Cammy Contizano, Jacqueline Koffman, Ari Ghavami, Aoife Devereaux, Natalie Minois, Jillian Wolf, Cisco Palao-Ricketts, Brad Stewart, Jenny Gossen and Christina Keeney.
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