Perplexity Revenue, Valuation, Funding & Investors
Perplexity is valued at $20B as of December 2025, a 100.0x revenue multiple. Perplexity revenue was $200M, as disclosed with its latest round.
Last Perplexity valuation
$20B
Undisclosed stage · Dec 2025
Last Perplexity funding round
Undisclosed stage
Amount undisclosed · Dec 2025
Perplexity revenue
$200M
Undisclosed stage · Dec 2025
Key investors in Perplexity
IVP
New Enterprise Associates
SoftBank Group
NVIDIA
Nat Friedman
Uma Ventures
About Perplexity
Perplexity AI is a San Francisco software company founded in 2022 that develops a web-connected answer engine. Its product combines large language models with real-time retrieval and presents responses with links to underlying sources. Consumers can use a free service or pay for advanced models, deeper research and higher usage limits. Enterprise customers buy search across public and private information, administrative controls and collaboration features. Perplexity also offers Sonar application-programming interfaces so developers can add grounded search and answer generation to other products. Its Comet browser extends the service into agent-assisted browsing and task execution. The company therefore earns subscription and usage-based revenue from consumer, enterprise and developer products rather than advertising-led ranked links.
Founded
2022
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Subscription, Usage-based
Revenue
$200M (Dec 2025)
Valuation
$20B (Dec 2025)
Perplexity Valuation
Perplexity is currently valued at $20B, based on its undisclosed-stage round in December 2025. Read the announcement ↗
The round was led by Cristiano Ronaldo.
Perplexity's valuation has grown 133x from $150M at its Series A in March 2023 to $20B in December 2025, across 9 priced rounds.
Perplexity valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Dec 2025 | Undisclosed stage | $20B | 100.0x |
| Sep 2025 | Undisclosed stage | $20B | 100.0x |
| Jul 2025 | Undisclosed stage | $18B | - |
| May 2025 | Undisclosed stage | $14B | - |
| Dec 2024 | Series D | $9B | - |
| Jun 2024 | Undisclosed stage | $3B | - |
| Apr 2024 | Series C | $1B | - |
| Jan 2024 | Series B | $520M | - |
| Mar 2023 | Series A | $150M | - |
Perplexity Revenue
Perplexity's latest recorded revenue is $200M, as of its undisclosed-stage round in December 2025. At a $20B valuation, that implies a 100.0x revenue multiple.
Revenue moved from $200M in September 2025 to $200M in December 2025, while the revenue multiple moved from 100.0x to 100.0x.
Perplexity revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Dec 2025 | $200M | $20B | 100.0x | Undisclosed stage |
| Sep 2025 | $200M | $20B | 100.0x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Perplexity Funding History
Perplexity has raised a total of $1.7B across 10 funding rounds, plus 2 secondary share sales.
Perplexity's first fundraising round was a $3M seed round in September 2022. The most recent completed round was a undisclosed-stage round in December 2025.
Perplexity funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Secondary | - | - | - | Flat Capital sold its holding in Perplexity in secondary transactions with independent buyers, fully realising an investment first made in the fourth quarter of 2023. The sale was announced as part of a package of passive AI and software positions that together produced approximately SEK 720 million of proceeds against SEK 193 million invested. Flat's Q2 2026 report confirmed that the remaining roughly 50 percent of the Perplexity stake was sold during the quarter, completing the exit. |
| Dec 2025 | Undisclosed stage | Cristiano Ronaldo (lead) | - | $20B | Perplexity AI is an AI-powered search engine founded in 2022 that challenges Google with conversational search, real-time sourcing, enterprise tools, and paid subscriptions. The San Francisco-based startup rapidly grew, raising about $1.5 billion in total funding over three years. In September 2025, Perplexity secured $200 million, reaching a $20 billion valuation. Cristiano Ronaldo invested in Perplexity AI around December 5, 2025, taking an equity stake with terms undisclosed. The deal includes a global sponsorship and a dedicated 'Perplexity x CR7' hub on the platform for fans, featuring Ronaldo's career highlights, real-time Q&A, and personalized AI content. Ronaldo, with a $1.4 billion net worth and over 1 billion social media followers, became an investor after using the platform. This partnership boosts Perplexity's mainstream profile, global audience, and potential revenue from fan engagement. It aligns with Perplexity's expansion amid surging AI search demand, following prior valuations like $18 billion in July 2025. |
| Sep 2025 | Undisclosed stage | - | $200M | $20B | Perplexity AI is an AI-powered search startup that competes with Google by providing conversational, direct answers to user queries using large language models. The company raised $200 million in a funding round in September 2025 at a $20 billion post-money valuation, as reported by TechCrunch and other sources. This followed a $100 million raise at $18 billion in July 2025 and earlier rounds including a $500 million Series D at $9 billion in December 2024 led by SoftBank with participation from IVP, Uma Ventures, Nvidia, and Jeff Bezos. Total funding reached approximately $1.5 billion by September 2025. At the time of the September 2025 round, Perplexity's annual recurring revenue (ARR) was approaching $200 million, according to a source familiar with the company cited in TechCrunch. Business Insider reported ARR over $150 million by mid-2025, more than quadrupling from the prior year, reflecting explosive growth in user engagement and enterprise offerings. The startup, founded three years prior, positioned itself as a disruptor in the search market dominated by Google, even proposing to buy Chrome for $34.5 billion in August 2025. Investor demand remained high into late 2025, with offers up to $50 billion valuations amid the AI funding frenzy, though Perplexity continued rapid back-to-back raises from $14 billion to $20 billion in months. Uma Ventures participated in the prior December 2024 Series D. No IPO planned before 2028, with focus on expanding AI search capabilities and challenging established players. |
| Jul 2025 | Undisclosed stage | NVIDIA; IVP; SoftBank Group; New Enterprise Associates | $100M | $18B | Perplexity AI is an AI-powered search engine startup founded in 2022 that combines large-language models with web searches to deliver real-time conversational answers, positioning itself as a challenger to Google and other Big Tech in search dominance. The company raised $100 million in a funding round around July 2025 at an $18 billion post-money valuation, as reported by multiple sources including Bloomberg and the Financial Times; this was an extension of a prior round valued at $14 billion earlier in the year. Investors in Perplexity's funding history include SoftBank, Nvidia, Jeff Bezos, and others, with total funding reaching about $1.5 billion by mid-2025. Traction metrics show explosive growth, with annual recurring revenue (ARR) exceeding $150 million by mid-2025, more than quadrupling from roughly $35 million a year prior, confirmed by Perplexity's head of communications and an investor email. By September 2025, ARR was approaching $200 million. The company launched products like the AI-native browser Comet in July 2025, available to Max subscribers at $200/month, and made headlines with a $34.5 billion bid for Google's Chrome browser. Following the July round, Perplexity pursued additional funding, seeking capital at a $20 billion valuation in August 2025 and reportedly closing $200 million at that level by September. Valuation trajectory accelerated rapidly: from $520 million in January 2024, to $14 billion earlier in 2025, $18 billion in July, and $20 billion shortly after, amid intense investor interest in AI search amid competition from OpenAI, Microsoft, and Google. |
| May 2025 | Undisclosed stage | Accel (lead); NVIDIA; Uma Ventures; Jeff Bezos; Eric Schmidt | $500M | $14B | Perplexity AI, an AI-powered search engine startup founded in 2022 and based in San Francisco, provides summarized answers drawn from web content, positioning itself as an alternative to traditional search engines like Google by emphasizing real-time, concise, and sourced responses. The company challenges incumbents including Microsoft-backed OpenAI through innovations like its Sonar API for developer tooling, multi-model support (Claude, GPT, DeepSeek), and the upcoming Comet AI browser with agentic search features to integrate directly into user workflows. In May 2025, Perplexity closed or neared closing a $500 million funding round led by Accel, with participation from investors including NVIDIA's NVentures, Jeff Bezos via Bezos Expeditions, and others like IVP, NEA, SoftBank Vision Fund, Databricks Ventures, and Bessemer Venture Partners, pushing its post-money valuation to $14 billion—a 56% increase from $9 billion in December 2024 and up from $3 billion in June 2024. This round, reported by The Wall Street Journal, CNBC, NBC, and Reuters, came in below an initial $18 billion target discussed earlier in March 2025 but reflects strong investor confidence amid competitive AI search dynamics. Accel partner Sameer Gandhi is joining the board to guide expansion. The funding supports aggressive scaling, including development of the Comet browser to compete with Chrome, enterprise partnerships with SAP and Wiley for AI search integration in corporate and educational tools, and bolstering inference costs for expanded model offerings. Perplexity reported just under $100 million in annual recurring revenue (ARR) around this time, alongside traction metrics like 780 million monthly queries, signaling robust growth from consumer premium subscriptions and enterprise adoption despite high burn rates. This raise follows multiple prior rounds totaling over $900 million in the past year, underscoring sustained momentum in generative AI. Investors view Perplexity as a potential disruptor to Google's dominant search market, betting on its speed, transparency, and differentiation to capture share, with proceeds aimed at outpacing hyperscaler imitation through Fortune 500 contracts and product launches in the next 12 months. |
| Jan 2025 | Secondary | - | - | - | Telefónica Open Innovation, Wayra's parent company, sold part of its Perplexity holding during 2025. The divestment generated a EUR 3.56 million accounting gain when combined with the liquidation of the Capital Tech II fund and increased Telefónica Open Innovation's cash by EUR 4.29 million. Perplexity, founded in 2022 by researchers from OpenAI, Google, and Meta, reached a USD 20 billion valuation in September 2025 following rapid growth to approximately 30 million monthly active users. The San Francisco-based company raised approximately USD 800 million in 2025 across multiple rounds, including USD 500 million led by Accel in June at USD 14 billion valuation, a USD 100 million extension in July at USD 18 billion, and USD 200 million in September at USD 20 billion. |
| Dec 2024 | Series D | IVP (lead); Wayra (lead); SoftBank Group; Uma Ventures; DataPower Ventures; Flex Capital; T.Capital; Shane Neman | $500M | $9B | Perplexity AI, an AI-native answer engine founded in 2022, raised $500M in a Series D round in December 2024 at a $9B post-money valuation, led by IVP with participation from SoftBank Vision Fund, among others. The company had previously achieved valuations of $3B in June 2024 and $520M in January 2024, bringing total funding to approximately $1.22B from investors including Accel, Nvidia, Jeff Bezos, and SoftBank Vision Fund 2. This round tripled its valuation from earlier in the year amid rapid growth in AI-powered search capabilities that summarize web information with citations, distinguishing it from traditional link-based engines. At the end of 2024, Sacra estimated Perplexity's ARR at $63M, up 800% from $7M in 2023, driven by 20% compounded monthly growth earlier in the year decelerating to 12% in the final quarter. Revenue primarily comes from subscriptions like Perplexity Pro at $20/month and Perplexity Max at $200/month for power users, alongside enterprise contracts, after briefly testing and abandoning ads to prioritize user trust. The company processed 20 million daily queries by late 2024, up from 2.5 million at the start of the year, with 15 million active users by March 2024, and projected $127M revenue for 2025 and $656M ARR by end-2026 through verticals like finance and shopping. The $9B valuation implied a 143x forward revenue multiple on the $63M ARR figure. Management's roadmap targeted sustained 9-10% monthly growth, leveraging a data flywheel from 780M monthly queries by May 2025 and features like contextual ads and in-line commerce added later. Perplexity competed with Google and foundation model companies by focusing on prosumer habitual use and novel product experiences on top of LLMs, with subsequent rounds reaching $20B valuation in September 2025 on higher ARR. |
| Jun 2024 | Undisclosed stage | SK Telecom (lead); SoftBank Vision Fund | $250M | $3B | Perplexity raised a funding round of about US$250 million in June 2024 at a post-money valuation of roughly US$3 billion, tripling the US$1.04 billion valuation of its April 2024 extension. SoftBank Group's Vision Fund 2 invested US$10-20 million in the round, according to Bloomberg, which reported on 27 June 2024 that terms were still being finalised. SK Telecom separately announced on 13 June 2024 a US$10 million investment in the same financing, following a strategic partnership signed at Mobile World Congress 2024 under which Perplexity's answer engine is integrated into SK Telecom's AI assistant A. and the operator supplies Korean-language data for model tuning. The round sat between the US$62.7 million Series B extension led by Daniel Gross in April 2024 and the US$500 million Series D at US$9 billion led by IVP in December 2024. |
| Apr 2024 | Series C | Daniel Gross (lead) | $63M | $1B | Perplexity AI, a San Francisco-based generative AI search engine founded in 2022 by Aravind Srinivas and others, provides a chatbot-like interface that answers user questions with summarized information and source citations, powered by models like GPT-4, Claude 3, and Mistral Large. The company raised $62.7 million in a funding round announced around April 23, 2024, led by Daniel Gross, former head of AI at Y Combinator, achieving unicorn status with a post-money valuation of $1.04 billion, doubling from its prior $540 million valuation after a January 2024 raise of $74 million. Participants included high-profile investors such as Jeff Bezos, Nvidia, Stanley Druckenmiller, Tobi Lutke, Garry Tan, Andrej Karpathy, Dylan Field, Elad Gil, Nat Friedman, Institutional Venture Partners (IVP), and New Enterprise Associates (NEA), bringing total funding to approximately $165 million. The funds are earmarked for expanding usage among consumers and enterprise knowledge workers. Perplexity announced partnerships with Deutsche Telekom, SoftBank, and previously SK Telecom to distribute its search engine to around 116 million users globally. Alongside the funding, the company launched Perplexity Enterprise Pro, its first business offering at $40 per month or $400 annually per seat, featuring SOC2 compliance, single sign-on, user management, enhanced security, query deletion after seven days, and access to multiple foundation models including GPT-4, Claude Opus, and Mistral. Enterprise Pro has been adopted by teams at Zoom for targeted search, HP sales for research, Thrive Global for science validation, and Databricks, where it reportedly saves 5,000 working hours monthly across engineering, marketing, and sales. Reports from the same period indicated Perplexity was already in talks for a larger $250 million+ raise at a $2.5-3 billion valuation, with interest from prior backers like IVP and NEA. |
| Jan 2024 | Series B | IVP (lead); Flat Capital | $74M | $520M | Perplexity AI is an AI-powered search engine founded in 2022 by Aravind Srinivas, Andy Konwinski, Denis Yarats, and Johnny Ho, leveraging natural language processing and machine learning for real-time search and chatbot capabilities, differentiating from competitors like OpenAI. In January 2024, Perplexity raised $73.6 million in a Series B round led by IVP, with participation from Nvidia, Jeff Bezos via Bezos Expeditions Fund, and others, at a $520 million post-money valuation, building total capital raised to $100 million. This followed earlier rounds, including a pre-money valuation of $446.4 million before this Series B portion. The company experienced rapid valuation growth post this round: by March/April reaching $1 billion post-money after a $62.7-63 million extension led by Daniel Gross; then targeting $2.5-3 billion in April for at least $250 million from NEA, IVP, and others; and $3 billion in June with SoftBank and Nvidia. Later in November/December 2024, Perplexity closed a $500 million fourth round led by IVP at $9 billion valuation. Perplexity launched products like Perplexity Enterprise Pro offering multiple foundation models (GPT-4, Claude Opus, Mistral), AI-powered shopping, and revenue-sharing partnerships with publishers like Time and Fortune. It also acquired Carbon for retrieval augmented generation to enhance personalization and integration with internal data sources. By late 2024, discussions emerged for up to $1.5 billion at $18 billion valuation amid impressive growth, though specific revenue or ARR figures near the January round were not detailed in sources. |
| Mar 2023 | Series A | New Enterprise Associates (lead); Bob Muglia; Soleio; Databricks Ventures; Nat Friedman; Susan Wojcicki; Jeff Dean; Paul Buchheit | $26M | $150M | Perplexity AI announced on 28 March 2023 that it had closed a US$25.6 million Series A round led by New Enterprise Associates, with participation from Databricks Ventures and angel investors including Elad Gil, Nat Friedman, Bob Muglia, Paul Buchheit, Jeff Dean, Susan Wojcicki and Soleio Cuervo. The round was reported to value the company at about US$150 million. It came alongside the launch of an iOS app for Perplexity's conversational answer engine, which answers questions in natural language with citations to its sources rather than returning ranked links. The company said the funds would go towards growth, user sign-in features, improving its knowledge base and protecting user privacy. Perplexity was founded in August 2022 in San Francisco by Aravind Srinivas, Denis Yarats, Johnny Ho and Andy Konwinski, and had previously raised seed funding from investors including Yann LeCun, Andrej Karpathy, Amjad Masad, Oriol Vinyals and Clément Delangue. At the time it reported around 10 million monthly visits and 2 million unique visitors in February 2023, growing about 100 percent month over month. Later rounds took the valuation to US$520 million in January 2024 and above US$1 billion by April 2024. |
| Sep 2022 | Seed | Pieter Abbeel; Clément Delangue; Yann LeCun; Nal Kalchbrenner; Oriol Vinyals; Ashish Vaswani; Nat Friedman; Andrej Karpathy; Amjad Masad | $3M | - | Perplexity AI raised its initial seed funding in early 2022 from prominent AI investors including Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clément Delangue, Nal Kalchbrenner, Nat Friedman, Oriol Vinyals, Pieter Abbeel, and Yann LeCun. The round size was $3.1 million. Perplexity's annual recurring revenue stood at $5 million in 2022. |
Who has invested in Perplexity?
33 investors have backed Perplexity across its funding rounds, including IVP, New Enterprise Associates, SoftBank Group, NVIDIA, Nat Friedman and Uma Ventures.
Lead investors include Cristiano Ronaldo, Accel, IVP, Wayra, SK Telecom and 2 other investors.
Perplexity Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Menlo Park, CA | 3 | Lead | Jan 2024 | |
| Santa Clara, CA | 2 | Participant | May 2025 | |
 Tokyo | 2 | Participant | Dec 2024 | |
| Menlo Park, CA | 2 | Lead | Mar 2023 | |
| San Francisco, CA | 2 | Participant | Dec 2024 | |
| United States | 2 | Participant | Sep 2022 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Pieter Abbeel | San Francisco, CA | 1 | Participant | Sep 2022 |
| Clément Delangue | New York City, NY | 1 | Participant | Sep 2022 |
| Daniel Gross | San Francisco, CA | 1 | Lead | Apr 2024 |
| New York City, NY | 1 | Participant | Sep 2022 | |
 London | 1 | Participant | Jun 2024 | |
 Seoul | 1 | Lead | Jun 2024 | |
| Bob Muglia | Seattle, WA | 1 | Participant | Mar 2023 |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Perplexity
Perplexity has acquired 5 companies to date.
Last acquisition by Perplexity was on October 1st 2025. Perplexity acquired Visual Electric for undisclosed valuation.
Latest Acquisitions by Perplexity
| Description | Visual Electric was a California artificial-intelligence design-software company founded in 2022 by Colin Dunn, Adam Menges and Zach Stiggelbout. Its web application was built specifically for professional creatives rather than as a general-purpose consumer image generator. Users could create images from text prompts and visual references, arrange alternatives on an infinite canvas and refine compositions inside a shared visual workflow. The product later added tools that turned generated images into video. Visual Electric raised $2.5 million from investors including Sequoia Capital, BoxGroup and Designer Fund. Perplexity acquired the company in October 2025 and moved its team into a new Agent Experiences group focused on multimodal consumer products. Visual Electric announced that the standalone service would be wound down over ninety days, with customers given time to use credits, obtain prorated annual refunds and export their work, so the business no longer operates as an independent design platform. | Invisible Platforms developed software infrastructure for reliable autonomous AI agents. Minh Pham co-founded the company and served as chief executive of its Delaware corporation, which was registered to do business in California in September 2022. Its core technology orchestrated multiple specialised agents to complete complex tasks across websites and enterprise applications. The A3 product exposed that capability through an enterprise automation API with browser control, credential handling, observability and error recovery. Invisible also developed Taka, an AI personal-finance assistant designed to answer financial questions and help users plan saving and investing decisions. The company described its multi-agent platform as infrastructure for the AI-native world and reported state-of-the-art web-automation performance. Perplexity agreed to acquire Invisible in August 2025 to support the agentic capabilities of its Comet browser and future products. | Sidekick was a Chromium-based productivity browser created to organise web applications and reduce distractions during knowledge work. Founded by Dmitry Pushkarev, the company treated the browser as a work operating system rather than a collection of optional extensions. Users could pin software-as-a-service applications, separate multiple accounts, search across work tools, suspend unused tabs and manage notifications from a dedicated sidebar. Sidekick offered individual subscriptions and was developing a business product for teams that relied on many cloud applications. The company was about six years old when Perplexity acquired it in May 2025. Perplexity used the acquisition to add browser expertise while developing its own AI browser, Comet. Sidekick was subsequently discontinued, so this record refers to the former browser company and team acquired by Perplexity, not to later productivity applications or unrelated products that also use the Sidekick name. | Read.cv is a Helsinki-based professional networking platform tailored for designers, engineers, and product managers. The service offers minimalist resume builders and portfolio hosting, integrating with GitHub, Figma, and Behance for automated updates. Used by over 100,000 professionals globally, Read.cv features public profiles discoverable via search engines, emphasizing clean typography and dark mode interfaces. Founded in 2020, it competes with LinkedIn in creative fields through privacy-focused sharing options. | |
| HQ Country | | | | | |
| HQ City | San Francisco, CA | Santa Clara, CA | San Francisco, CA | San Francisco, CA | |
| Deal Date | 1 Oct 2025 | 5 Aug 2025 | 19 May 2025 | 17 Jan 2025 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Perplexity
Perplexity has invested in 1 company to date.
Latest investment by Perplexity was on November 14th 2025. Perplexity invested in Sim in their $7M Series A round.
Latest Investments by Perplexity
| Description | Sim is an open-source platform for building AI agent workflows with a visual drag-and-drop interface. Developers connect large language models to over 500 integrations including Slack, Gmail, Supabase, and Pinecone for automating tasks. Hosted or self-hosted options support triggers via webhooks, schedules, or APIs, with built-in logging and structured outputs for enterprise deployment. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 14 Nov 2025 |
| Round | Series A |
| Raised | $7M |
| Investors | SV Angel; Y Combinator; Liquid 2 Ventures; Ali Rowghani; Standard Capital; TwentyTwo VC; Kulveer Taggar; Chris Howard; Kaz Nejatian |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
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Perplexity Competitors
Perplexity competitors include listed companies like Z.ai and Presight AI, and private ones like ElevenLabs, Fluidstack, Kling AI and Mistral AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Warsaw | Private | $600M | - | $22B | 36.7x | |
| London | Private | $180M | - | $18B | - | |
 Beijing | Private | $500M | - | $18B | 36.0x | |
 Paris | Private | $400M | - | $24B | 61.0x | |
| China | Publicly listed | $109M | ($663M) | $30B | 36.3x | |
 UAE | Publicly listed | $825M | $214M | $5.3B | 4.9x |
Perplexity Public Comps
Perplexity is still privately-owned, but its public comps include NAVER, LY Corporation, Baidu, Tempus AI, iFlytek, IonQ, Range Intelligent, Pinterest, Z.ai and MiniMax Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $9B | $2.3B | 1.9x | 1.7x | 7.3x | 7.7x | |||
| $13B | $3B | 2.6x | 2.4x | 11.2x | 9.3x | |||
| $19B | $3.3B | 1.1x | 1.1x | 6.5x | 7.0x | |||
| $1.3B | ($131M) | 10.8x | 8.9x | (105.2x) | 261.7x | |||
| $4.1B | $469M | 3.5x | 3.2x | 30.2x | 31.0x | |||
| $130M | ($531M) | 83.4x | 27.5x | (20.4x) | (26.4x) | |||
| $852M | $803M | 18.7x | 13.3x | 19.9x | 17.3x | |||
| $4.2B | $361M | 2.6x | 2.3x | 30.0x | 7.7x | |||
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Common questions about Perplexity
| When was Perplexity founded? | Perplexity was founded in 2022. |
| Where is Perplexity headquartered? | Perplexity is headquartered in San Francisco, CA, United States. |
| Is Perplexity publicly listed? | No, Perplexity is a private, VC-backed company. |
| What is Perplexity's valuation? | Perplexity was last valued at $20B in its undisclosed-stage round in December 2025. |
| How much funding has Perplexity raised? | Perplexity has raised $1.7B across 10 funding rounds. |
| What was Perplexity's last funding round? | Perplexity's last funding round was a undisclosed-stage round in December 2025, led by Cristiano Ronaldo. |
| Who are Perplexity's investors? | Perplexity's investors include IVP, NVIDIA, SoftBank Group, New Enterprise Associates, Uma Ventures, Nat Friedman, Pieter Abbeel, Clément Delangue, Daniel Gross, Yann LeCun and 23 others. |
| What is Perplexity's revenue? | Perplexity's latest recorded revenue is $200M (December 2025). |
| What is Perplexity's revenue multiple? | Perplexity's latest valuation implies a 100.0x revenue multiple ($20B valuation on $200M of revenue). |
| Which companies are comparable to Perplexity? | Companies comparable to Perplexity include ElevenLabs, Fluidstack, Kling AI, Mistral AI, Z.ai and Presight AI. |
| How many companies has Perplexity acquired? | Perplexity has acquired 5 companies, including Visual Electric, Invisible Platforms, Sidekick, Read.cv and Carbon. |
| How many companies has Perplexity invested in? | Perplexity has invested in 1 company, including Sim. |
| What was Perplexity's last investment? | In November 2025, Perplexity invested in Sim's $7M Series A alongside SV Angel, Y Combinator, Liquid 2 Ventures and 6 other investors. |
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