Down 2% since its Series E, Sep 2025 ($20.0B post-money). The secondary market quotes about $60 per share.
- ·Every dated print: 14 trades with prices and structures
- ·6 fund marks: filer, period, implied $/share
- ·The monthly marks chart, 46 months in dollars
- ·Price per share on 7 rounds
Membership and data by Private Market View
Valuation timeline
6 priced rounds · 32 daily marks since · Apr 2023 – Oct 2026Membership and data by Private Market View
Secondary market
monthly marks · 46 months · Jan 2023 – Oct 2026Membership and data by Private Market View
Perplexity AI funding history
9 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| May 2026 | Secondary Transaction - Private | $15.0M | ▮ | ▮ |
| Apr 2026 | Secondary Transaction - Private | $940K | ▮ | ▮ |
| Jan 2026 | Later Stage VC | — | ▮ | ▮ |
| Sep 2025 | Series E | $200.0M | ▮ | ▮ |
| Jul 2025 | Series E | $600.0M | ▮ | ▮ |
| Dec 2024 | Early Stage VC | $500.0M | ▮ | ▮ |
| + 3 earlier rounds · a free account shows the full history | ||||
Membership and data by Private Market View
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).
Comparable companies
Comparable business/productivity software names by valuation on PrivateMarketView: CoreWeave ($18.6 billion), Rippling ($16.8 billion) and Applied Intuition ($15 billion).
How Perplexity AI's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Perplexity AI, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by secondary market price. Question about this number? Full methodology →
Frequently asked about Perplexity AI
- What is Perplexity AI worth?
- Perplexity AI is valued at $19.7B as of Oct 2026. Down 2% since its Series E, Sep 2025 ($20.0B post-money).
- How much has Perplexity AI raised?
- Perplexity AI has raised $1.7B in total funding across 9 recorded rounds.
- When did Perplexity AI last raise?
- Perplexity AI last raised in May 2026 (Secondary Transaction - Private), raising $15.0M.