Sources: Perplexity is looking to raise ~$500M to double its valuation to $8B or more; Perplexity's annualized revenue is ~$50M, up from ~$10M in March 2024
Search-based chatbot seeks to raise about $500 million in what would be its fourth funding round in a year
Wall Street Journal
Related Coverage
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- AI search start-up Perplexity targets $8bn valuation in new funding round Financial Times
- Perplexity is reportedly looking to fundraise at an $8B valuation TechCrunch · Anthony Ha
- Perplexity in talks for over $500m funding Tech in Asia · Grace Priscilla Teo
Discussion
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@berber_jin1
Berber Jin
on x
Scoop - Perplexity is in early talks to raise new funding at a valuation of $8 billion or more whether or not investors bite will be a test of how extreme AI fomo has become startup was valued at $3bn this summer, generates $50 million in ARR https://www.wsj.com/...
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@benfritz
Ben Fritz
on x
Perplexity is seeking to raise $500M at a valuation of $8B, more than double its valuation just a few months ago. This would be its *fourth* round in a year. AI mania, anyone? Another scoop by @berber_jin1 and @cityofthetown https://www.wsj.com/...
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@wsj
@wsj
on x
Exclusive: Artificial-intelligence search company Perplexity has begun fundraising talks in which it is looking to more than double its valuation to $8 billion or more, as startups try to ride the coattails of OpenAI's recent big investment https://www.wsj.com/...