Perplexity is a conversational AI platform that provides language models for search engines. With open-source software development, the mission of Perplexity is to help users gain new skills and knowledge through its features of verifiable sources and general intelligence tools to answer everyday questions. Perplexity was founded by Andy Konwinski, Aravind Srinivas, Denis Yarats, and Johnny Ho in 2022 and is headquartered in San Francisco, CA.

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Will Perplexity go IPO?

Perplexity has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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When was Perplexity founded?

Perplexity was founded in 2022.

What is Perplexity funding to date?

Perplexity has raised $918.89MM to date.

Who are Perplexity’s major investors?

Camford Capital
Nvidia
Mana Ventures
Andrej Karpathy
Bessemer Venture Partners
T. Rowe Price
Factorial Funds
Jeff Bezos
Bob Muglia
Databricks Ventures
Yann Lecun
Databricks
Davidovs Venture Capital
Peter Sonsini
Kindred Ventures
Elad Gil
Samsung Electronics
B Capital
Paul Buchheit
Nat Friedman
Clem Delangue
Susan Wojcicki
Softbank Group
Sequoia Capital
Pieter Abbeel
Ivp
Dylan Field
Stanley Druckenmiller
Amjad Masad
Daniel Gross
Soleio
Aix Ventures
Nea
New Enterprise Associates
Ashish Vaswani
Garry Tan

Perplexity Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
12/18/2024 Series D-2 $9MM $xx.xx $9.01B B Capital, Ivp, Nea, Nvidia, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
30,407
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
B Capital, Ivp, Nea, Nvidia, T. Rowe Price
12/18/2024 Series D-3 $2.5MM $xx.xx $9.01B B Capital, Ivp, Nea, Nvidia, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
8,001
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
B Capital, Ivp, Nea, Nvidia, T. Rowe Price
12/18/2024 Series D-4 $50MM $xx.xx $9.01B B Capital, Ivp, Nea, Nvidia, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
152,036
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
B Capital, Ivp, Nea, Nvidia, T. Rowe Price
12/18/2024 Series D-1 $441MM $xx.xx $9.01B B Capital, Ivp, Nea, Nvidia, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
1,340,944
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
B Capital, Ivp, Nea, Nvidia, T. Rowe Price
08/08/2024 Series C-4 $14.15MM $xx.xx $3.01B Camford Capital, Ivp, Mana Ventures, Nea, Softbank Group
Price per Share
$xx.xx
Shares Outstanding
131,870
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camford Capital, Ivp, Mana Ventures, Nea, Softbank Group
08/08/2024 Series C-2 $14.15MM $xx.xx $3.01B Camford Capital, Ivp, Mana Ventures, Nea, Softbank Group
Price per Share
$xx.xx
Shares Outstanding
124,927
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camford Capital, Ivp, Mana Ventures, Nea, Softbank Group
08/08/2024 Series C-1 $221.7MM $xx.xx $3.01B Camford Capital, Ivp, Mana Ventures, Nea, Softbank Group
Price per Share
$xx.xx
Shares Outstanding
1,859,354
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camford Capital, Ivp, Mana Ventures, Nea, Softbank Group
04/23/2024 Series B-5 $56.14MM $xx.xx $1.04B Daniel Gross, Dylan Field, Elad Gil, Garry Tan, Jeff Bezos, Nat Friedman, Nvidia, Stanley Druckenmiller
Price per Share
$xx.xx
Shares Outstanding
1,175,267
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Daniel Gross, Dylan Field, Elad Gil, Garry Tan, Jeff Bezos, Nat Friedman, Nvidia, Stanley Druckenmiller
04/23/2024 Series C-3 $6.57MM $xx.xx $1.04B Daniel Gross, Dylan Field, Elad Gil, Garry Tan, Jeff Bezos, Nat Friedman, Nvidia, Stanley Druckenmiller
Price per Share
$xx.xx
Shares Outstanding
139,354
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Daniel Gross, Dylan Field, Elad Gil, Garry Tan, Jeff Bezos, Nat Friedman, Nvidia, Stanley Druckenmiller
01/04/2024 Series B-2 $24,995.10 $xx.xx $520MM Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
Price per Share
$xx.xx
Shares Outstanding
2,816
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
01/04/2024 Series B-3 $9,985.61 $xx.xx $520MM Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
Price per Share
$xx.xx
Shares Outstanding
675
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
01/04/2024 Series B-4 $1.12MM $xx.xx $520MM Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
Price per Share
$xx.xx
Shares Outstanding
58,052
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
01/04/2024 Series B-1 $73.71MM $xx.xx $520MM Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
Price per Share
$xx.xx
Shares Outstanding
2,904,647
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Databricks, Ivp, Jeff Bezos, Nea, Nvidia
03/28/2023 Series A-1 $25.76MM $xx.xx $162.38MM Bob Muglia, Databricks Ventures, Elad Gil, Nat Friedman, Paul Buchheit, Peter Sonsini, Soleio, Susan Wojcicki
Price per Share
$xx.xx
Shares Outstanding
2,891,189
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bob Muglia, Databricks Ventures, Elad Gil, Nat Friedman, Paul Buchheit, Peter Sonsini, Soleio, Susan Wojcicki
09/15/2022 Series A-2 $999,999.47 $xx.xx $91.84MM Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Price per Share
$xx.xx
Shares Outstanding
1,209,628
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
09/15/2022 Series A-3 $1.01MM $xx.xx $91.84MM Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Price per Share
$xx.xx
Shares Outstanding
889,022
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
09/15/2022 Series A-4 $920,486.60 $xx.xx $91.84MM Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Price per Share
$xx.xx
Shares Outstanding
441,163
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
09/15/2022 Series A-5 $49,998.48 $xx.xx $91.84MM Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Price per Share
$xx.xx
Shares Outstanding
18,143
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
09/15/2022 Series A-6 $69,996.30 $xx.xx $91.84MM Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Price per Share
$xx.xx
Shares Outstanding
17,780
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
09/15/2022 Series A-7 $9,999.04 $xx.xx $91.84MM Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Price per Share
$xx.xx
Shares Outstanding
1,403
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amjad Masad, Andrej Karpathy, Ashish Vaswani, Clem Delangue, Elad Gil, Nat Friedman, Pieter Abbeel, Yann Lecun
Updated on: Dec 30, 2024

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