Silicon Valley's Applied Intuition raises $300M in a secondary round, adding Fidelity as a new investor.
Applied Intuition, a Silicon Valley-based vehicle software supplier, raises $300M in a secondary round, welcoming Fidelity Management & Research Company as a new investor. The firm's software is used in various industries, including automotive, trucking, construction, mining, and agriculture. Existing investors General Catalyst, BOND, Lux Capital, and Elad Gil also participated in the round, purchasing equity from current and former employees.
July 25, 2024
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