Perplexity AI, Series C

The Future of Search

https://wefunder.com/perplexityai-qp

Total raised on Wefunder: 1256624

Total investors: 165

Quick facts

  • Explosive growth: 10M MAUs in 1 year, 500M+ queries served (Jan '24)
  • Elite founding team from DeepMind, Google, OpenAI, Quora, Databricks
  • Disruptive "answer engine" tech reimagining search market
  • $150M raised from NVIDIA, Elad Gil, NEA, Nat Friedman, Bessemer, Jeff Bezos, Garry Tan, Sequoia
  • Rapid fundraising: $250M+ new round at $2.5-3B valuation, following recent $1B valuation

Team profiles

Perplexity AI, Series C

The Future of Search

Funded badge
Last Funded December 2024

Highlights

Tier 1 VC-Backed

Raised $250K or more from a top-tier venture firm

Tier 1 VC-Backed

Fast Growth

Revenue growing 2X/yr for at least prior 6 months

Fast Growth
1
Explosive growth: 10M MAUs in 1 year, 500M+ queries served (Jan '24)
2
Elite founding team from DeepMind, Google, OpenAI, Quora, Databricks
3
Disruptive "answer engine" tech reimagining search market
4
$150M raised from NVIDIA, Elad Gil, NEA, Nat Friedman, Bessemer, Jeff Bezos, Garry Tan, Sequoia

Team

Memo

The following information is highly confidential and must not be shared or disclosed.

This investment opportunity is private and for accredited investors only (506b). The deal is part of Perplexity AI (Perplexity AI, Inc.) Series C and it is a primary offering. The terms are ~$3.6B post-money valuation on preferred shares with standard provisions. We are co-investing with SoftBank, IVP, NEA.

Investors will invest in a Wefunder managed vehicle. Our allocation is between $5-10M, if interested in investing a larger size, we’ll be happy to check with the founders and see whether we can accommodate your investment. For any questions or additional information, please reach out to Mattia at [email protected].


Overview