PR Newswire
Applied Intuition Closes Over $300M in Secondary Round and Welcomes New Investor Fidelity Management & Research Company
July 26, 2024
MOUNTAIN VIEW, Calif., July 26, 2024 /PRNewswire/ -- Applied Intuition, a Silicon Valley-based vehicle software supplier for automotive, trucking, construction, mining, agriculture and other industries, today announced it has closed a secondary round of over $300 million and welcomes Fidelity Management & Research Company as a new investor. Existing investors General Catalyst, BOND, Lux Capital and Elad Gil also participated. As part of the secondary sale, investors purchased equity from cur