# Perplexity AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perplexity-ai

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.perplexity.ai/
- Total disclosed funding: $1.3B
- Latest round: Series E (Jul 18, 2025)
- Investors on record: 13

## About

Founded in 2022 and based in San Francisco, Perplexity.ai specializes in advanced AI-driven solutions that enhance information access and streamline decision-making processes for professionals across various sectors. The company was co-founded by Andy Konwinski, Aravind Srinivas, Denis Yarats, and Johnny Ho. In August 2026, Perplexity AI, Inc. is raising an undisclosed amount of venture funding from NVIDIA Corporation. Perplexity specializes in providing a range of advanced AI-driven products and services designed to enhance users' access to information and streamline decision-making processes. The company’s core offering revolves around an intelligent search platform that integrates sophisticated natural language processing capabilities, enabling users to extract relevant data and insights efficiently. This product is particularly aimed at professionals in sectors such as research, education, and corporate environments, where quick access to accurate information is paramount. Perplexity's solutions are available in key geographical markets including North America, Europe, and select regions in Asia, catering to a diverse client base that includes individual researchers, educational institutions, and corporate teams seeking to improve their information retrieval methods. Perplexity's revenue model is primarily based on subscription services, where clients pay for access to the platform's premium features and functionalities. The company offers various pricing tiers tailored to different user needs, such as individual subscriptions for solo researchers and enterprise packages for larger organizations that require multiple user licenses and advanced analytics capabilities. Transactions typically occur through direct sales channels, enabling seamless onboarding for new clients and ongoing support for existing users. Additionally, the company may engage in partnerships with educational institutions and corporations to provide customized solutions, further solidifying its market presence and deepening client relationships. Specific flagship products and services are integral to their offering, reinforcing the company’s commitment to delivering value through innovative technology solutions. The company plans to use the funding from August 2026 for cloud-based workflow automation product commercialization.

## Funding rounds

- Series E, Jul 18, 2025, $100M — Institutional Venture Partners, New Enterprise Associates, NVIDIA Corporation, SB Investment Advisers
- Series E, May 12, 2025, $500M — Accel
- Series D, Nov 1, 2024, $500M — Institutional Venture Partners, New Enterprise Associates, T Rowe Price, NVIDIA Corporation, Wayra, B Capital
- Series B, Apr 23, 2024, $56M — Institutional Venture Partners, New Enterprise Associates, NVIDIA Corporation
- Series B, Jun 1, 2023, $72M — Institutional Venture Partners, New Enterprise Associates, Bessemer Venture Partners, NVIDIA Corporation, Bezos Expeditions, Kindred Ventures, Factorial Funds, Databricks Ventures
- Series A, Mar 21, 2023, $29M — New Enterprise Associates, Databricks Ventures

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series D, Series E
- Databricks Ventures (https://capitalatlas.ai/funds/databricks-ventures) — Series A, Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B, Series D, Series E
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B
- NVIDIA Corporation — Series B, Series D, Series E
- Bezos Expeditions — Series B
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Series B
- Factorial Funds (https://capitalatlas.ai/funds/factorial-funds) — Series B
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series D
- Wayra (https://capitalatlas.ai/funds/wayra) — Series D
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series D
- Accel (https://capitalatlas.ai/funds/accel) — Series E
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series E