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Perplexity AI

Private

AI Search

Founded 2022San Francisco, CA~400 employees
Website

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

Perplexity ProPerplexity APIPerplexity iOS/AndroidPerplexity Enterprise

Company Details

Focus Area

AI Search

Stage

Private

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$73.6M
    2024IVP, NVIDIA
  • Series D$500M
    Dec 2024SoftBank, $9B valuation
  • Series E$200M
    Sep 2025$20B valuation
  • Series E ext.$500M+
    Jan 2026$22.6B valuation

Key Investors

Jeff BezosNVIDIASoftBankIVPNEADatabricks

Key People

  • Aravind Srinivas (CEO)
  • Denis Yarats (CTO)
  • Johnny Ho
  • Andy Konwinski

Competitive Landscape

Google Search / GeminiBing CopilotChatGPT SearchYou.com

Tags

Search
Research
Citations
Real-time