Perplexity AI
AI Search
Valuation
$22.6B (Jan 2026, Series E)
Total Funding
$1.22B+
Revenue
$500M ARR (Apr 2026, +335% YoY)
Profit Status
Pre-profit, explosive revenue growth
Employees
~400
About Perplexity AI
Perplexity AI is building a new kind of search engine that combines LLMs with real-time web search to provide cited, accurate answers. Used by researchers, journalists, and knowledge workers.
Company History
Founded Dec 2022. Built Sonar search-optimized LLM. Perplexity Assistant (agentic) Jan 2025. $18B valuation Mar 2025. $22.6B valuation Series E Jan 9, 2026. $500M ARR by Apr 2026. 100M+ MAU. Samsung Galaxy S26 deep OS integration. Perplexity Personal Computer (Mac Mini M4 bundle) Feb 2026. Comet browser launched Jul 2025 at $200/mo, went free Mar 18, 2026. Committed $750M to Microsoft Azure.
Products & Services
Company Details
Focus Area
AI Search
Stage
Founded
2022
Headquarters
San Francisco, CA
Employees
~400
Financial Overview
Total Funding
$1.22B+
Valuation
$22.6B (Jan 2026, Series E)
Revenue
$500M ARR (Apr 2026, +335% YoY)
Profit Status
Pre-profit, explosive revenue growth
Funding Rounds
- Series B$73.6M2024IVP, NVIDIA
- Series D$500MDec 2024SoftBank, $9B valuation
- Series E$200MSep 2025$20B valuation
- Series E ext.$500M+Jan 2026$22.6B valuation
Key Investors
Key People
- Aravind Srinivas (CEO)
- Denis Yarats (CTO)
- Johnny Ho
- Andy Konwinski