Tag: Applied Intuition Partners

  • Applied Intuition: Software Solutions for Autonomous Vehicles

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.

    The automotive industry is witnessing rapid changes in how it provides mobility to a massive proportion of the population. The need for minimizing emissions, increasing levels of autonomous functionality, and providing a more connected experience pressures engineers to develop simulation software rather than physical prototypes.

    As the number of electrified autonomous vehicles rises, simulation allows firms to test integrated hardware for ultrasonic sensors, cameras, or lidar for automated systems. Applied Intuition is one of the prominent companies offering world-class simulation solutions for autonomous vehicles.

    This article sheds light on essential details of Applied Intuition- its founders, startup story, funding, investors, growth, competitors, and more.

    Applied Intuition: Company Highlights

    Company Name Applied Intuition
    Headquarters Mountain View, California, United States
    Sector Software Development
    Founders Qasar Younis and Peter Ludwig
    Founded In 2017
    Website Appliedintuition.com

    Applied Intuition – About
    Applied Intuition – Founders and Team
    Applied Intuition – Startup Story
    Applied Intuition – Logo
    Applied Intuition – Mission and Vision
    Applied Intuition – Business Model
    Applied Intuition – Products and Services
    Applied Intuition – Funding and Investors
    Applied Intuition – Mergers and Acquisitions
    Applied Intuition – Patents and Trademarks
    Applied Intuition – Growth
    Applied Intuition – Partners
    Applied Intuition – Award And Recognition
    Applied Intuition – Competitors

    Applied Intuition – About

    Applied Intuition is involved in developing simulation software for autonomous vehicles (AV). The company has made it faster, safer, and easier to bring autonomy to the automotive industry by offering a suite of simulation, validation, and drive log management software.

    Headquartered in Silicon Valley, it has offices located in LA, Washington, Stockholm, Detroit, Munich, Tokyo, and Seoul. Applied Intuition provides custom solutions for small to large-sized companies across industries, from automotive, aerial, and trucking to agriculture and defense. Out of 20 global OEMs, 17 rely on the company’s solutions to develop, test, and deploy autonomous systems at scale.

    Applied Intuition – Founders and Team

    Qasar Younis and Peter Ludwig founded Applied Intuition in 2017.

    Qasar Younis

    Qasar Younis attended Kettering University for a a BSc in Mechanical Engineering and Harvard Business School for an an MBA. He is the ex-founder and ex-CEO of TalkBin. Moreover, he worked at Google as Group Product Manager, Google Maps.

    Before co-founding Applied Intuition, he was Y Combinator’s general partner and chief operating officer. Currently, he is the CEO of Applied Intuition.

    Qasar Younis - Co-founder and CEO, Applied Intuition
    Qasar Younis – Co-founder and CEO, Applied Intuition

    Peter Ludwig

    Peter Ludwig attended the University of Michigan for a a BSc and MSc in Engineering and Computer Science. He has been a software engineer intern at NVIDIA and Microsoft.

    He also worked as a product manager and SWE at Google; in 2017, he co-founded Applied Intuition and is the company’s CTO.

    Peter Ludwig - Co-founder and CTO, Applied Intuition
    Peter Ludwig – Co-founder and CTO, Applied Intuition

    Applied Intuition currently employs 201–500 employees.

    Applied Intuition – Startup Story

    Qasar Younis and Peter Ludwig grew up in the backyard of American automotive giant General Motors in Detroit and crossed paths when working as product managers at Google. Peter was planning to start his third company. When making the list of potential co-founders, he thought of approaching Qasar.

    First, they planned to start an Autonomous Vehicles (AV) company, but in 2013, they, they concluded that it was not a good business idea. In 2016, Peter and Qasar had a casual conversation and came up with the idea of starting a software business. They figured out if they could run a business in software in the automotive industry. In 2017, they developed the idea of inventing software for autonomous vehicle simulation and set up Applied Intuition.

    In 2022, the company started helping manufacturers simulate and test the mechanical parts of their automobiles in different environments.

    Applied Intuition Logo
    Applied Intuition Logo

    The caret ^ in the Applied Intuition logo signifies the company’s ability to assist its clients in being significantly more efficient in introducing autonomy to the market in a timely and secure manner.

    Applied Intuition – Mission and Vision

    Applied Intuition aims to accelerate the world’s adoption of safe and intelligent machines.

    Applied Intuition – Business Model

    Applied Intuition provides software, Simian, for autonomous vehicle simulation. The software imports maps and the behavioral objects for each region of those maps and creates real-world scenarios. Moreover, it has a scenario editor, enabling clients to test thousands of scenarios on the vehicle and debug their autonomous vehicle software if an error occurs.

    Applied Intuition also offers analytics software to allow clients to evaluate their autonomous vehicle metrics and view the data that is collected during scenario testing. This data lets clients plan for future test drives. Additionally, the company provides consulting and support services to help businesses implement and integrate their software tools into the customer’s development process.


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    Applied Intuition – Products and Services

    Applied Intuition classifies its product offerings into four categories:

    • Simulation: Simian, Spectral, Logstream, and Orbis
    • Vehicle Dynamics: carSIM, truckSIM, suspensionSIM, and bikeSIM
    • Data & Maps: Strada, Synthetic Datasets, Traffic Sign Datasets, and Meridian
    • Validation: Basis and Applied Test Suites

    Virtual Simulator

    Virtual Simulator was launched on October 28, 2018.Developers may access driverless simulators from businesses like Applied Intuition, a startup financed by Marc Andreessen. The Sunnyvale, California-based facility provides over 100,000 distinct driving scenarios for evaluation.

    Applied Development Platform

    In 2019, the company unveiled its Microsoft Azure-optimized Applied Development Platform.

    Applied Intuition significantly shortens time to market and speeds up the development of autonomous driving features for companies worldwide by utilizing Azure’s cloud and edge capabilities.

    Applied Intuition - Products
    Applied Intuition – Products

    The company provides solutions, including Perception & Localization, Planning & Control, Map Creation, Scenario Creation, Log Visualization & Triage, Vehicle Dynamics, and more.

    Applied Intuition - Solutions
    Applied Intuition – Solutions

    Applied Intuition – Funding and Investors

    Applied Intuition has undertaken five funding rounds and raised a total of $351.5 million. Its latest funding round, the Series D Round, was conducted on November 11, 2021, and raised $175 million. The company is backed by prominent investors: Andreessen Horowitz, Hemant Taneja, Mike Maples, Eld Gil, Bilal Zuberi, Lee Fixel, Semil Shah, and Jeannette Zu Furstenberg.

    Date Round Number of Investors Money Raised Lead Investor
    November 11, 2021 Series D 7 $175 million Addition, Coatue
    October 22, 2020 Series C 4 $125 million Andreessen Horowitz, General Catalyst, Lux Capital
    September 12, 2019 Series B 12 $40 million General Catalyst
    September 12, 2018 Series A 7 $11.5 million Andreessen Horowitz
    September 5, 2017 Seed Round 2

    Applied Intuition – Mergers and Acquisitions

    Applied Intuition has acquired three companies to date:

    Company Name Date Price
    Embark Trucks May 25, 2023 $71M
    SceneBox March 21, 2023
    Mechanical Simulation Corporation March 14, 2022

    Applied Intuition – Patents and Trademarks

    The intellectual property of Applied Intuition comprises 2 registered patents with ‘Computing; Calculating’ as the primary category and 21 registered trademarks with ‘Scientific and Electric Apparatus and Instruments’ as the most popular class.

    Applied Intuition – Growth

    The estimated annual revenue of Applied Intuition in 2020 was $60.1 million ($186,635 revenue per employee), with its valuation standing at $3.6 billion. The company’s employee count rose 75% last year, and the monthly web visits rate increased to 6.19% with 33,166 visits.

    Life at Applied Intuition

    Applied Intuition – Partners

    Applied Intuition has partnered with:

    • LG Electronics
    • Ambarella
    • Virtual Mechanics Corporation
    • Ouster
    • Nissan
    • Seegrid
    • Dailmer
    • Outrider
    • Gatix
    • RideFlux
    • Driveblocks
    • Motional
    • Ambarella
    • E/NRIDE

    Applied Intuition – Award And Recognition

    • Applied Intuition is recognized with an award for providing AITR with synthetic data.
    • The company has secured a contract with AFWERX for “virtual sensor optimization.’

    Applied Intuition – Competitors

    Applied Intuition is ranked 2nd among its 64 active competitors. Some of its competitors are:

    • aiMotive
    • Wayve
    • Cognata
    • Aurora
    • Intvo
    • Zoox
    • Momenta
    • Flux Auto
    • Waabi

    FAQs

    What does applied intuition do?

    Applied Intuition is involved in developing simulation software for autonomous vehicles (AV). The company has made it faster, safer, and easier to bring autonomy to the automotive industry by offering a suite of simulation, validation, and drive log management software.

    Who founded Applied Intuition?

    Qasar Younis and Peter Ludwig founded Applied Intuition in 2017.

    Who are the main competitors of Applied Intuition?

    Some of Applied Intuition’s competitors are:

    • aiMotive
    • Wayve
    • Cognata
    • Aurora
    • Intvo
    • Zoox
    • Momenta
    • Flux Auto
    • Waabi