Applied Intuition draws offers of at least $30 billion as it pushes into military vehicles

Applied Intuition is fielding investment offers that value the company at at least $30 billion. The interest arrives as it expands into autonomous military vehicles and competes more directly with defense startups. The offers were reported on October 13, 2026. If a deal closes at that level, the company’s paper value would double in a little over a year. From $15 billion to $30 billion The last official number came in June 2025. That month, Applied Intuition closed a $600 million Series F round at a post-money valuation of $15 billion. Revenue offers part of the explanation. The company’s annual recurring revenue for 2025 is estimated at $830 million, up from $415 million in 2024. To date, Applied Intuition has raised approximately $1.2 billion in total funding. Its headcount has grown to somewhere between 1,300 and 1,425 employees. What Applied Intuition actually does The company sells software that helps customers develop, simulate, and test autonomous systems across automotive, defense, and agriculture. Applied Intuition serves 18 of the top 20 global automakers. Founded in California in 2017, the company is led by CEO Qasar Younis and co-founder and CTO Peter Ludwig. Over time,...