Perplexity

Perplexity Closes $500M Series D at $9B Valuation

Perplexity, the AI-powered answer engine that provides direct, conversational answers to complex questions, has raised $500 million in Series D funding.

The round was led by SoftBank Vision Fund, with participation from IVP, Uma Ventures, Nvidia, and Jeff Bezos.

Key Highlights

• Post-money valuation of $9 billion
• Total funding to date: $665 million
• Quadrupled valuation from previous round
• Backed by prominent AI industry leaders

Company Overview

Perplexity has emerged as a leading challenger to traditional search engines by using large language models to provide direct, cited answers rather than a list of links.

The platform has gained significant traction among users seeking more efficient and accurate information retrieval, positioning itself as a potential disruptor in the search market dominated by Google.

Growth Metrics

The company has seen explosive growth in user engagement and is expanding its enterprise offerings to compete more directly with established search and knowledge management solutions.