funding Dec 18, 2024

Perplexity raises $500M at $9B valuation

The answer engine continues to compound, with Nvidia and Jeff Bezos joining a $500M round.

Perplexity at $9B

Perplexity, the AI answer engine founded in 2022 by Aravind Srinivas, has closed a $500M round led by IVP. Backers include Nvidia, Jeff Bezos, and existing investors Founders Fund and Tiger Global. The round values the company at $9B.

What Perplexity is doing with the money

  • Expanding the Perplexity Pages and publisher revenue-share program.
  • Scaling the enterprise and education tiers.
  • Investing in first-party answer quality and citation transparency.

The company reported more than 15M monthly active users and an annualized query volume north of 500M.

Mentions

Related reading

Contextual paths to related AI startups, deals and rankings.

💬 Discussion

Sign in to join the discussion.

Sign in →

No comments yet — be the first.