Perplexity AI

Business/Productivity Software · San Francisco, CA · Founded 2022 · Privately Held (backing)

Developer of AI-powered information discovery tools designed for answering questions and exploring topics. Perplexity AI is based in San Francisco, CA and was founded in 2022. It is valued at about $19.7 billion as of Oct 2026, set by secondary market price, down 2% since its Series E in Sep 2025. It has raised $1.7 billion across 9 recorded rounds; the latest was a $15 million private secondary transaction in May 2026.

PMV mark · valuation
$19.7B
Oct 2026
Secondary market · $/share
$60
Total raised
$1.7B
Last round
Secondary Transaction - Private
May 2026

Perplexity AI key facts

as of Oct 2026
  • Developer of AI-powered information discovery tools designed for answering questions and exploring topics.
  • Perplexity AI is valued at approximately $19.7B (~$60/share on the secondary market) as of Oct 2026, down 2% since its Series E, Sep 2025, per PrivateMarketView’s mark.
  • It has raised $1.7B across 9 recorded rounds; the latest was Secondary Transaction - Private ($15.0M) in May 2026.
  • Notable investors include Sequoia Capital, Mana Ventures, Accel, Bessemer Venture Partners, Team Ignite Ventures — 162 tracked in total.
  • 1 institutional filer reports fund marks on Perplexity AI across 6 filings.
  • PrivateMarketView tracks 14 recorded secondary trades in Perplexity AI shares.
  • 14 investment vehicles were formed to buy Perplexity AI shares in the last 12 months, reporting $32.6M sold to 278 investors, per SEC Form D filings.
  • Perplexity AI has filed 1 Form D with the SEC, most recently Apr 2023 ($28.8M sold to 27 investors).
PrivateMarketView mark
LOW confidence
$19.7B~$60 per share · secondary market

Down 2% since its Series E, Sep 2025 ($20.0B post-money).

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Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
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Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
Monthly marks are a Pro feature — the shape is real, the numbers are waiting.Unlock 46 monthly marks

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Perplexity AI secondary trades

14 on record · Oct 2025 – Jul 2026

14 trades between Oct 2025 and Jul 2026. Exact dates, prices and structures are available to Pro members.

Oct 2025peak 4 prints / monthJul 2026
Individual prints are Pro.Unlock 14 trade prints

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Institutional fund marks on Perplexity AI

1 filers · latest Jul 2026

1 SEC-registered fund reported 6 fair-value marks on Perplexity AI between Apr 2025 and Jul 2026. Filer-level marks and implied $/share are available to Pro members.

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Perplexity AI funding rounds

9 rounds
May 2026Secondary Transaction - Private$15.0M▮
Apr 2026Secondary Transaction - Private$940K▮
Jan 2026Later Stage VC—▮
Sep 2025Series E$200.0M▮
Jul 2025Series E$600.0M▮

Vehicles formed to buy Perplexity AI shares

secondary demand · SEC Form D filings

In the last 12 months, 14 investment vehicles were formed to buy Perplexity AI shares, reporting $32.6M sold to 278 investors across 14 sponsors. Most recent filing Jun 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 14 vehicles →

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Perplexity AI leadership

Perplexity AI valuation

Perplexity AI is valued at approximately $19.7 billion as of Oct 2026. The figure is set by secondary market price and confirmed by prints and round price. The secondary market quotes about $60 per share. The reference point is its Series E in Sep 2025, at a $20 billion post-money valuation; the current figure is down 2% since.

Perplexity AI ranks 11th by valuation and 15th by capital raised among the private companies PrivateMarketView tracks.

Recent activity

In the last 90 days, Perplexity AI's record added 1 secondary print and 1 institutional fund mark (latest period Jul 2026).

How much has Perplexity AI raised?

Perplexity AI has raised $1.7 billion across 9 recorded rounds since 2023. The largest was a $940,000 private secondary transaction in Apr 2026; the most recent was a $15 million private secondary transaction in May 2026. 6 of the rounds disclosed a post-money valuation.

Perplexity AI has filed 1 Form D with the SEC, most recently in Apr 2023 ($28.8 million sold to 27 investors).

Perplexity AI secondary market activity

14 secondary trades in Perplexity AI shares are on record, between Oct 2025 and Jul 2026. The busiest recent months were Apr 2026 (4 prints). 2 prints landed in the last three months. Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for Perplexity AI runs from Jan 2023 to Oct 2026 (46 months).

Institutional holders and vehicles

1 SEC-registered fund reported 6 fair-value marks on Perplexity AI between Apr 2025 and Jul 2026, in their N-PORT filings. The latest fund marks sit apart from the current valuation. Filer-level marks and implied per-share values are available to Pro members.

In the last 12 months, 14 investment vehicles were formed to buy Perplexity AI shares, reporting $32.6 million sold to 278 investors across 14 sponsors, per SEC Form D filings (most recent Jun 2026).

Perplexity AI investors

162 investors are on record for Perplexity AI, including Sequoia Capital, Mana Ventures, Accel and Bessemer Venture Partners. By type, the record holds 54 venture capital firms and 7 angel investors. The private secondary transaction in Apr 2026 drew 1 investor.

Who runs Perplexity AI

11 people are listed on the Perplexity AI team: 6 executives and 5 board members, including Andy Konwinski Ph.D (Co-Founder) and Aravind Srinivas Ph.D (Co-Founder). 11 of them have a verified direct contact on file.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: CoreWeave ($18.6 billion), Rippling ($16.8 billion) and Applied Intuition ($15 billion).

About Perplexity AI

Developer of AI-powered information discovery tools designed for answering questions and exploring topics. The company's tools provide real-time answers, personalized search experiences and integration with various data sources, enabling researchers, professionals and individuals to efficiently access comprehensive information for enhancing their research and decision-making processes.

Industry
Business/Productivity Software
Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2022
Employees
250
Ownership
Privately Held (backing)

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