Perplexity AI, identified for its AI-driven search engine, has obtained new funding that brings its valuation to $18bn. The corporate secured $100m in contemporary capital as an extension of a earlier spherical, Bloomberg reported citing a supply conversant in the small print.
The startup has seen fast development, elevating capital 5 instances through the previous 18 months. The valuation of the corporate additionally climbed from round $500m firstly of 2024 to $14bn in Might 2025.
Earlier within the 12 months, Perplexity aimed to boost as much as $1bn at an $18bn valuation, however as a substitute proceeded with a smaller funding at a $14bn valuation. The brand new funding aligns the corporate with its preliminary valuation objective.
Perplexity has not offered any feedback on the funding.
Established in 2022, Perplexity is difficult Google’s management in web search, having launched a browser along with its AI-driven search engine.
Lately, the corporate launched an AI net browser named Comet for its premium subscribers. This browser can execute duties comparable to buying, summarising social media content material, and sending emails based mostly on voice and textual content instructions.
Regardless of hypothesis about Perplexity being a possible acquisition goal for main tech firms comparable to Apple and Meta, the corporate plans to stay public.
In an April 2025 interview with the Monetary Instances, Perplexity AI CEO Aravind Srinivas talked about that Perplexity was serving roughly 30 million customers. It has additionally diversified its income streams from subscriptions to incorporate promoting and e-commerce.
Perplexity has acquired backing from traders comparable to Nvidia, SoftBank’s Imaginative and prescient Fund 2, enterprise capital companies New Enterprise Associates and IVP, together with Amazon founder Jeff Bezos and Meta’s Yann LeCun.
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