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
How much has Perplexity AI raised?
$1.7Bacross 9 recorded rounds · Dec 2024 – May 2026

Most recently, Perplexity AI raised $15.0M in its Secondary Transaction - Private (May 2026).

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Perplexity AI round by round

9 rounds
May 2026Secondary Transaction - Private$15.0M▮
Apr 2026Secondary Transaction - Private$940K▮
+ 1 more investors · free account
Jan 2026Later Stage VCundisclosed▮
+ 2 more investors · free account
Sep 2025Series E$200.0M▮
+ 31 more investors · free account
Jul 2025Series E$600.0M▮
Accellead+ 23 more investors · free account
Dec 2024Early Stage VC$500.0M▮
+ 36 more investors · free account
+ 3 earlier rounds · a free account shows the full history

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 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.

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Frequently asked about Perplexity AI

How much has Perplexity AI raised?
Perplexity AI has raised $1.7B in total across 9 recorded funding rounds.
Who are Perplexity AI's lead investors?
Lead investors in Perplexity AI's recorded rounds include Accel, Bessemer Venture Partners, Daniel Gross, Databricks Ventures.
When was Perplexity AI's last funding round?
Perplexity AI's most recent recorded round was Secondary Transaction - Private in May 2026, raising $15.0M.