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About Perplexity

AI Unicorn
About Perplexity
About Perplexity
Perplexity is an AI-powered answer engine founded in December 2022 and growing rapidly as one of the world’s leading AI platforms. Perplexity has raised over $1B in venture investment from some of the world’s most visionary and successful leaders, including Elad Gil, Daniel Gross, Jeff Bezos, Accel, IVP, NEA, NVIDIA, Samsung, and many more.
Our objective is to build accurate, trustworthy AI that powers decision-making for people and assistive AI wherever decisions are being made. Throughout human history, change and innovation have always been driven by curious people. Today, curious people use Perplexity to answer more than 780 million queries every month–a number that’s growing rapidly for one simple reason: everyone can be curious.
Why It's a Rocketship
Why It's a Rocketship
Perplexity is building a next-generation answer engine, offering real-time, source-backed responses to natural language queries. By integrating retrieval-augmented generation (RAG), proprietary ranking systems, and low-latency infrastructure, the product addresses key limitations of both traditional search and early LLM-based alternatives. Rather than returning a list of links, Perplexity delivers direct answers with full citations, supporting follow-up questions and exploration in a single conversational interface. This approach has resonated with both consumers and knowledge workers looking for accurate, context-aware answers at speed.
From March 2024 to May 2025, Perplexity scaled annualized revenue from ~$16 million to $120 million, representing 7.6x growth in 14 months. The product has become a leading challenger in the consumer search space, outperforming incumbent tools in engagement and response quality. Its dual moat—combining an expanding real-time index and human feedback-driven model refinement—enables performance at scale while maintaining trust. The founding team includes AI researchers and operators from OpenAI, DeepMind, Meta, and Databricks, bringing technical depth and high execution velocity. With a strong base of early users and a differentiated product architecture, Perplexity is positioned to reshape how consumers and enterprises interact with information.
Written as of July 2025
Company Details
Company Details
Founded2022
HeadquartersSan Francisco, CA
Team Size51 - 200 employees
IndustryApplication
Total Funding$1.5B
Latest Valuation$18.0B
Latest RoundSeries E
Websitewww.perplexity.ai
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