EL7.AI
GeneralMedium•11 November 2026•
4 min read

Applied Intuition in Talks to Raise $1.5 Billion at $30 Billion Pre-Money Valuation

Key Facts

1Applied Intuition is in talks to raise at least $1.5 billion in a new funding round.
2General Catalyst’s planned commitment to lead the round is $250 million.
3The company is targeting revenue of more than $560 million in fiscal 2026, compared with $474 million in the previous year, representing growth of about 19%.
4The company expects revenue to exceed $1 billion in 2027 and reach $1.8 billion in 2028.

Applied Intuition is in talks to raise at least $1.5 billion in a new funding round, according to a report published by Investing.com citing Bloomberg on November 11, 2026. General Catalyst is expected to lead the deal with a planned investment commitment of $250 million. The report puts the company’s pre-money valuation at $30 billion, while discussions are ongoing. The company has not announced the closing of the financing or its final terms. The talk of a round comes alongside a revenue trajectory that the company expects to accelerate in the coming years.

The company is targeting revenue of more than $560 million in fiscal 2026, according to the report, compared with revenue of $474 million in the previous fiscal year. That represents growth of about 19% between the periods. These figures provide context for the valuation under discussion, reflecting the company’s expectations for business expansion, while the revenue target remains a forecast rather than a realized result. The company is targeting revenue of more than $1 billion in 2027. It also expects revenue to reach $1.8 billion in 2028.

Founded in 2017, Applied Intuition develops autonomous operating systems and simulation tools for sectors including defense, trucking and construction. Axios describes the role of its software in developing autonomous vehicles as enabling developers to use synthetic data and simulation to train neural networks to handle unexpected situations. The company’s operations, according to its announcements, extend to vehicles and systems used across multiple sectors. In May 2026, the Department of War’s CDAO office selected the company to build a platform supporting the Autonomy Factory program, which aims to accelerate the integration, testing and deployment of autonomous systems. The selection places the company’s work in the context of defense applications alongside its activity in transportation and construction.

In the automotive sector, the company announced a partnership with Honda in October 2026 to accelerate development of a next-generation software-defined vehicle platform using its Vehicle OS system. Honda said the collaboration would accelerate its internal development efforts while retaining control over vehicle architecture and software direction. Stellantis had expanded its collaboration with Applied Intuition in May 2026 to develop the STLA Brain platform across vehicle operating systems, cockpit technologies and autonomous driving. These partnerships show the company’s applications with automakers, alongside the simulation systems and software it develops. The report did not link these agreements to any specific use of the funding currently under negotiation.

The potential round follows financing the company raised in June 2025, when Axios reported that it secured $600 million in a Series F round at a $15 billion valuation, led by BlackRock and Kleiner Perkins. The round included, according to Axios, $200 million of new capital and $400 million from the sale of existing shares. Investors in the financing included Franklin Templeton, Qatar Investment Authority and Abu Dhabi Investment Council, as well as Premji Invest, Stripes, Greycroft, BAM Elevate and 137 Ventures. This provides background on the investor base in the previous round and puts the $15 billion valuation in June 2025 against the $30 billion pre-money valuation cited in talks for the new round. The new round remains under negotiation.

In the company’s defense business, Applied Intuition announced in October 2026 that the U.S. Navy had selected it to deploy data infrastructure and AI perception capabilities across its crewed and uncrewed fleet. Deployment will begin with five Arleigh Burke-class destroyers as part of an initiative for robotics, autonomy and mission systems. The company said over-the-air software updates allow the AI models in use to be developed without ships returning to port. The announcement adds to the range of sectors in which the company operates, from automotive and transportation to maritime and defense applications. On revenue, the company expects to exceed $1 billion in 2027 and reach $1.8 billion in 2028, following its fiscal 2026 target.