Applied Intuition in Talks to Raise at Least $1.5 Billion at $30 Billion Valuation

Applied Intuition is discussing a funding round of at least $1.5 billion at a pre-money valuation of about $30 billion, roughly twice its June 2025 valuation.

General Catalyst plans to lead the round and invest $250 million. The financing remains under discussion.

Revenue is projected to exceed $560 million in fiscal 2026 and $1 billion in 2027. The figures are projections, not completed revenue results.

Founded in 2017, Applied Intuition develops operating systems for automation and autonomous-driving technology used in industries including construction, transportation and defense. BlackRock-affiliated funds and Kleiner Perkins led its previous funding round.

Neither Applied Intuition nor General Catalyst has commented on the talks.