Company | Applied Intuition |
Fund Raised | $175 Million |
Investor | Coatue Management, Addition, and Elad Gil |
Co-Founder/CEO | Qasar Younis – Founder |
Website | https://www.linkedin.com/company/opensooq |
Valuation | $$3.6 Billion |
Applied Intuition Raises $175M Series D
Applied Intuition, Inc. bags $175 million co-led by Coatue Management, Addition, and Elad Gil at $3.6B Valuation in the last Series D.
Ex-investors like Andreessen Horowitz, Semil Shah, Lux Capital, and General Catalyst joined the round. CEO Qasar Younis said that after this round the total capital will cross $350 million, Also, the raised funds will be used for the R&D of new projects. We are moving towards B2B new automation software that can be used in self-driven automobiles.
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Our AI is safer and more stable with security updates that can be used in any automobile.
Moreover, these funds will accelerate growth and new developments.