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 current employees, former employees, and early investors.

Applied Intuition is a Tier 1 vehicle software supplier that accelerates the adoption of safe and intelligent machines worldwide. Founded in 2017, Applied Intuition delivers the definitive ADAS/AD toolchain, a world-class vehicle platform and an autonomy stack to help customers shorten time to market, build high-quality systems and create next-generation consumer experiences. Eighteen of the top 20 global automakers trust Applied Intuition's solutions to drive the production of modern vehicles. Applied Intuition serves the automotive, trucking, construction, mining, agriculture and defense industries and is headquartered in Mountain View, Calif., with offices in Ann Arbor and Detroit, Mich., Washington, D.C., Munich, Stockholm, Seoul and Tokyo. ]