Fundz

Ai-Powered Search Engine Perplexity Ai, Now Valued At $520M, Raises $70M

PRIVATEJan 04, 2024

Amount Raised

$70 Million

Round Type

Funding Round

DelawareArtificial IntelligenceMachine LearningNatural Language Processing

Description

One among the cohort, Perplexity AI, this morning announced that it raised $70 million in a funding round led by IVP with additional investments from NEA, Databricks Ventures, former Twitter VP Elad Gil, Shopify CEO Tobi Lutke, ex-GitHub CEO Nat Friedman and Vercel founder Guillermo Rauch. Other participants in the round included Nvidia and — notably — Jeff Bezos

Quick answer

Perplexity raised $70 Million in a Funding Round round, dated January 4, 2024. Perplexity is based in Delaware, United States.

How much did Perplexity raise?
Perplexity raised $70 Million in a Funding Round round on January 4, 2024.
What does Perplexity do?
Perplexity is an AI search engine startup that offers a generative AI-based search engine with a chatbot-style interface.
Where is Perplexity based and how big is it?
Perplexity is based in Delaware, United States. Fundz records about 201 employees.
Who are the decision-makers at Perplexity?
Fundz holds 5 contacts at Perplexity, including the Head of Advertising and Shopping. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Artificial Intelligence around the same time

Companies in the same sectors as Perplexity that raised within 45 days of this round, from Fundz verified event records.

  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Read AI raised $21M on February 15, 2024.
  • Guardrails AI raised $7.5M (Seed) on February 15, 2024.
  • Marqo raised $19M (Series A) on February 13, 2024.
  • Magic raised $117M on February 12, 2024.
  • Vocode raised $3.3M (Seed) on February 8, 2024.

Who to call at Perplexity, and when

A new round usually means Perplexity is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Perplexity raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Perplexity, from your own LinkedIn network

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Company Information

Company

Perplexity

Location

Delaware, United States

About

Perplexity is an AI search engine startup that offers a generative AI-based search engine with a chatbot-style interface. It aims to provide accurate and richer responses by incorporating a variety of language models (LLMs) including OpenAI GPT-4, Anthropic Claude Opus, Mistral, and more.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Perplexity raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsTaz P., Head of Advertising and Shopping hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Perplexity's next move

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Perplexity raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.