Perplexity valuation, funding and investors
Perplexity works in AI-Powered knowledge base services, based in San Francisco, United States. Founded in 2022, it has about 1,370 employees.
- Last round
- Growth · $2.30B · Jan 2026
- Valuation at last round
- $24.79B · implied
- Headcount
- 1,369 · flat
- Grade
- B
- Founded
- 2022
Perplexity valuation today
VCMC values Perplexity at $25.5B today, with a range of $17.2B to $36.6B and a grade of B. The valuation starts from its last funding round, a growth round in Jan 2026.
Valuation by date (68 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2022 | $18.7M | $6.81M – $51.4M | $20.4M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $18.8M | $6.86M – $51.7M | $20.6M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2022 | $19.0M | $6.90M – $52.1M | $20.7M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2022 | $19.1M | $6.96M – $52.5M | $20.9M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2022 | $19.2M | $7.01M – $52.9M | $21.0M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jun 2022 | $19.4M | $7.06M – $53.3M | $21.2M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jul 2022 | $19.5M | $7.11M – $53.7M | $21.3M (+9%) | before first round | – | unknown | D | 0% |
| 1 Aug 2022 | $19.7M | $7.16M – $54.1M | $21.5M (+9%) | before first round | – | unknown | D | 0% |
| 1 Sep 2022 | $17.2M | $11.3M – $52.4M | $34.4M (+100%) | after a round | – | unknown | C | 0% |
| 2 Sep 2022 | $17.3M | $11.3M – $52.4M | $34.4M (+100%) | after a round | – | unknown | C | 0% |
| 1 Oct 2022 | $18.2M | $11.3M – $52.4M | $34.4M (+89%) | after a round | – | unknown | C | 0% |
| 1 Nov 2022 | $19.3M | $11.3M – $52.4M | $34.4M (+78%) | after a round | – | unknown | C | 0% |
| 1 Dec 2022 | $20.5M | $11.3M – $52.4M | $34.4M (+68%) | after a round | – | unknown | C | 0% |
| 1 Jan 2023 | $21.7M | $11.3M – $52.4M | $34.4M (+59%) | after a round | 6 | unknown | C | 0% |
| 1 Feb 2023 | $23.0M | $11.3M – $52.4M | $34.4M (+50%) | after a round | 6 | unknown | C | 0% |
| 1 Mar 2023 | $24.3M | $11.3M – $52.4M | $34.4M (+42%) | after a round | 6 | unknown | C | 0% |
| 29 Mar 2023 | $80.2M | $56.4M – $205M | $144M (+80%) | after a round | 6 | unknown | C | 0% |
| 1 Apr 2023 | $80.6M | $56.4M – $205M | $144M (+79%) | after a round | 6 | unknown | C | 0% |
| 1 May 2023 | $84.6M | $56.4M – $205M | $144M (+70%) | after a round | 6 | unknown | C | 0% |
| 1 Jun 2023 | $88.9M | $56.4M – $205M | $144M (+62%) | after a round | 6 | unknown | C | 0% |
| 1 Jul 2023 | $93.3M | $56.4M – $205M | $144M (+54%) | after a round | 6 | unknown | C | 0% |
| 1 Aug 2023 | $98.1M | $56.4M – $205M | $144M (+47%) | after a round | 6 | unknown | C | 0% |
| 1 Sep 2023 | $103M | $56.4M – $205M | $144M (+40%) | after a round | 6 | unknown | C | 0% |
| 1 Oct 2023 | $127M | $77.2M – $280M | $197M (+55%) | after a round | 25 | growing | C | 0% |
| 1 Nov 2023 | $137M | $77.2M – $280M | $197M (+44%) | after a round | 25 | growing | C | 0% |
| 1 Dec 2023 | $148M | $77.2M – $280M | $197M (+34%) | after a round | 25 | growing | C | 0% |
| 1 Jan 2024 | $159M | $77.2M – $280M | $197M (+24%) | after a round | 25 | growing | C | 0% |
| 5 Jan 2024 | $521M | $452M – $897M | $780M (+50%) | after a round | 25 | growing | B | 0% |
| 1 Feb 2024 | $536M | $452M – $897M | $780M (+45%) | after a round | 69 | growing | B | 0% |
| 1 Mar 2024 | $557M | $452M – $924M | $804M (+44%) | after a round | 79 | growing | B | 0% |
| 1 Apr 2024 | $577M | $452M – $924M | $804M (+39%) | after a round | 79 | growing | B | 0% |
| 24 Apr 2024 | $2.5B | $2.2B – $3.2B | $2.8B (+10%) | after a round | 79 | growing | A | 0% |
| 1 May 2024 | $2.5B | $2.2B – $3.2B | $2.8B (+10%) | after a round | 79 | growing | A | 0% |
| 1 Jun 2024 | $2.5B | $2.2B – $3.2B | $2.8B (+9%) | after a round | 79 | growing | A | 0% |
| 1 Jul 2024 | $2.5B | $2.2B – $3.2B | $2.8B (+8%) | after a round | 79 | growing | A | 0% |
| 1 Aug 2024 | $2.6B | $2.2B – $3.5B | $3.1B (+16%) | after a round | 130 | growing | A | 0% |
| 1 Sep 2024 | $2.7B | $2.2B – $3.5B | $3.1B (+14%) | after a round | 130 | growing | A | 0% |
| 1 Oct 2024 | $2.7B | $2.2B – $3.5B | $3.1B (+12%) | after a round | 130 | growing | A | 0% |
| 1 Nov 2024 | $3.0B | $2.2B – $4.1B | $3.6B (+18%) | after a round | 260 | growing | B | 0% |
| 6 Nov 2024 | $9.0B | $7.8B – $11.4B | $9.9B (+10%) | after a round | 260 | growing | A | 0% |
| 1 Dec 2024 | $9.1B | $7.8B – $11.4B | $9.9B (+9%) | after a round | 260 | growing | A | 0% |
| 1 Jan 2025 | $9.1B | $7.8B – $11.4B | $9.9B (+8%) | after a round | 260 | growing | A | 0% |
| 1 Feb 2025 | $9.2B | $7.8B – $11.4B | $9.9B (+8%) | after a round | 260 | growing | A | 0% |
| 1 Mar 2025 | $9.3B | $7.8B – $11.4B | $9.9B (+7%) | after a round | 260 | growing | A | 0% |
| 1 Apr 2025 | $9.4B | $7.8B – $11.4B | $9.9B (+6%) | after a round | 260 | growing | A | 0% |
| 1 May 2025 | $9.4B | $7.8B – $11.4B | $9.9B (+5%) | after a round | 260 | growing | A | 0% |
| 15 May 2025 | $14.0B | $12.2B – $20.9B | $18.2B (+30%) | after a round | 260 | growing | A | 0% |
| 1 Jun 2025 | $14.2B | $12.2B – $20.9B | $18.2B (+28%) | after a round | 260 | growing | A | 0% |
| 1 Jul 2025 | $14.5B | $12.2B – $20.9B | $18.2B (+26%) | after a round | 1,374 | growing | A | 0% |
| 1 Aug 2025 | $14.8B | $12.2B – $21.0B | $18.3B (+23%) | after a round | 1,404 | growing | A | 0% |
| 1 Sep 2025 | $20.0B | $17.4B – $25.3B | $22.0B (+10%) | after a round | 1,610 | growing | A | 0% |
| 2 Sep 2025 | $20.0B | $17.4B – $25.3B | $22.0B (+10%) | after a round | 1,610 | growing | A | 0% |
| 1 Oct 2025 | $20.2B | $17.4B – $26.0B | $22.6B (+12%) | after a round | 1,833 | growing | A | 0% |
| 1 Nov 2025 | $20.4B | $17.4B – $26.0B | $22.6B (+11%) | after a round | 1,833 | growing | A | 0% |
| 1 Dec 2025 | $20.0B | $17.4B – $29.9B | $26.0B (+30%) | after a round | 1,833 | growing | A | 0% |
| 2 Dec 2025 | $20.0B | $17.4B – $29.9B | $26.0B (+30%) | after a round | 1,833 | growing | A | 0% |
| 1 Jan 2026 | $24.8B | $17.5B – $38.7B | $27.3B (+10%) | after a round | 1,833 | growing | B | 0% |
| 2 Jan 2026 | $24.8B | $17.5B – $38.7B | $27.3B (+10%) | after a round | 1,833 | growing | B | 0% |
| 1 Feb 2026 | $25.0B | $17.5B – $38.7B | $27.3B (+9%) | after a round | 1,833 | growing | B | 0% |
| 1 Mar 2026 | $25.2B | $17.5B – $38.7B | $27.3B (+8%) | after a round | 1,483 | growing | B | 0% |
| 1 Apr 2026 | $25.4B | $17.5B – $38.7B | $27.3B (+7%) | after a round | 1,483 | growing | B | 0% |
| 1 May 2026 | $25.5B | $17.3B – $38.4B | $27.1B (+6%) | after a round | 1,438 | growing | B | 0% |
| 1 Jun 2026 | $25.7B | $17.3B – $38.2B | $26.7B (+4%) | after a round | 1,438 | flat | B | 5% |
| 1 Jul 2026 | $25.8B | $17.3B – $38.2B | $26.7B (+3%) | after a round | 1,438 | flat | B | 5% |
| 1 Aug 2026 | $26.0B | $17.3B – $38.2B | $26.7B (+2%) | after a round | 1,438 | flat | B | 5% |
| 1 Sep 2026 | $26.2B | $17.3B – $38.2B | $26.6B (+2%) | after a round | 1,438 | flat | B | 5% |
| 1 Oct 2026 | $25.5B | $17.2B – $36.6B | $23.1B (-9%) | after a round | 1,369 | flat | B | 41% |
| 24 Oct 2026 | $25.5B | $17.2B – $36.6B | $22.9B (-10%) | after a round | 1,369 | flat | B | 41% |
Key facts about Perplexity
- Founded
- 2022
- Headquarters
- San Francisco, United States
- Employees
- about 1,370 -15% in a year
- Total raised
- $4.35B
- Funding rounds
- 9
- Last round
- Growth Equity Jan 2026
Perplexity was founded in 2022 by Andy Konwinski, Aravind Srinivas, Denis Yarats and Johnny Ho.
Perplexity funding history
Perplexity has 9 funding rounds on record, from Sep 2022 to Jan 2026, $4.35B in total. The latest disclosed valuation is $20.00B post-money (Series F, Dec 2025).
$2.30B
Series F 1 Dec 2025
With Institutional Venture Partners, New Enterprise Associates, NVIDIA, B Capital, T. Rowe Price.
$500M
$20.00B post-money
Growth Equity 1 Sep 2025
Investors not disclosed.
Sources: techfundingnews.com, finance.yahoo.com, tsginvest.com and 3 more
$200M
$20.00B post-money
$500M
$14.00B post-money
Growth Equity 5 Nov 2024
Led by Institutional Venture Partners; with SoftBank.
Sources: techfundingnews.com, cnbc.com, nbcnewyork.com and 4 more
$500M
$9.00B post-money
Growth Equity 23 Apr 2024
With New Enterprise Associates, Institutional Venture Partners.
Sources: techfundingnews.com, techcrunch.com
$250M
$2.50B post-money
Series B 4 Jan 2024
Led by Institutional Venture Partners; with New Enterprise Associates, Databricks Ventures, Nvidia, Bezos Expeditions Fund, Bessemer Venture Partners, Factorial Funds, Kindred Ventures.
Sources: techfundingnews.com, techcrunch.com, techtarget.com and 2 more
$74M
$520M post-money
Series A 28 Mar 2023
Led by New Enterprise Associates; with Databricks Ventures. Individuals: Elad Gil, Nat Friedman, Bob Muglia, Susan Wojcicki, Paul Buchheit, Soleio.
Sources: carre.partners
$26M
Seed 1 Sep 2022
Investors not disclosed. Individuals: Elad Gil, Nat Friedman, Pieter Abbeel, Yann LeCun, Andrej Karpathy, Ashish Vaswani, Amjad Masad, Clem Delangue.
Sources: carre.partners
$3.1M
Perplexity investors
13 investors have backed Perplexity; New Enterprise Associates, Institutional Venture Partners and Accel and 1 more led at least one round.
- New Enterprise Associates lead, 4 rounds
- Institutional Venture Partners lead, 3 rounds
- Accel lead
- Institutional Venture Partners lead
- Databricks Ventures 2 rounds
- Nvidia 2 rounds
- B Capital
- Bessemer Venture Partners
- Bezos Expeditions Fund
- SoftBank
- T. Rowe Price
What Perplexity does
Perplexity works in tech companies, with 15 recorded offerings and customers in information technology, software development and business services.
Perplexity AI, Inc. is an American software company engaged in artificial intelligence and search engine technologies. The company develops and operates a web search engine and knowledge management platform that provides real-time answers to user queries, supports tax preparation, business planning, project management, and personal organization, and offers a range of features such as threaded discussions and access to a variety of resources. Perplexity serves both individual and business users and is available in multiple languages.
Description from Veridion's company data.
Products and services
- AI-Powered Knowledge Base Services
- Real-Time Web Search Engine Development
- Generative Language Model Integration Services
- Answer Synthesis and Delivery
- Tax Preparation Information Services
- Business Planning Information Services
- Project Management Information Services
- Personal Organization Information Services
- Multi-Language Information Access Services
- Metasearch Engine Solutions
- Chatbot Development Services
- Virtual Assistant Development Services
- Expert-Driven Information Curation Services
- Actionable Insights Generation Services
- User Interface Experience Services
Markets
- Information Technology
- Software Development
- Business Services
Technology
- Large Language Models for Real-Time Answer Generation
Business model
- Business-to-Business
- Business-to-Consumer
- Software-as-a-Service
Industry codes (NAICS)
- 513210 Software Publishers 100% match
Questions about Perplexity
What is Perplexity worth?
Valuation $25.5B (range $17.2B to $36.6B), as of 24 Oct 2026. The last disclosed valuation was $20.00B (Series F, Dec 2025).
Has Perplexity raised money?
Perplexity has 9 funding rounds on record, from Sep 2022 to Jan 2026, $4.35B in total. The latest disclosed valuation is $20.00B post-money (Series F, Dec 2025).
Who has invested in Perplexity?
New Enterprise Associates, Institutional Venture Partners, Accel, Institutional Venture Partners, Databricks Ventures and Nvidia, and 7 more. Lead investors include New Enterprise Associates, Institutional Venture Partners, Accel and Institutional Venture Partners.
How many people work at Perplexity?
About 1,370, down 15% over the last year. Headcount rose from 6 in Jan 2023 to 1,833 in Oct 2025, then fell to 1,369 in Sep 2026.
What does Perplexity do?
Perplexity works in tech companies, with 15 recorded offerings and customers in information technology, software development and business services. Its main offerings are AI-Powered knowledge base services, real-time web search engine development and generative language model integration services.
When was Perplexity founded, and where is it based?
Perplexity was founded in 2022 and is based in San Francisco, United States. It has about 1,370 employees, down 15% over the last year.