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Perplexity Ai Launches Ios Version Of Conversational Answer Engine, Announces $25.6M Series A Round Led By Nea

PRIVATEMar 28, 2023

Round Type

Series A

DelawareArtificial IntelligenceMachine LearningNatural Language Processing

Description

Perplexity AI, the conversational AI-powered answer engine at the leading edge of results accuracy and transparency, today unveiled its next leap in product development with the launch of its iOS application, now available for immediate download on the App Store. The company also announced that it has closed on $25.6 million in Series A financing led by New Enterprise Associates (NEA) with participation from Databricks Ventures and existing angel investors Elad Gil (co-founder Mixer Labs/Color Health), Nat Friedman (former CEO of GitHub) and Bob Muglia (former CEO of Snowflake and President of Microsoft) and Paul Buchheit (creator of Gmail). Prior investors —many of whom are pioneers in search, consumer products and artificial intelligence— include Yann LeCun (VP and Chief AI Scientist at Meta), Andrej Karpathy (founding member OpenAI & former Head of Tesla AI), Amjad Masad (Founder and CEO of Replit), Oriol Vinyals (VP of Research, DeepMind), and Clem Delangue (Founder, CEO of HuggingFace) among others.

Quick answer

Perplexity raised an undisclosed amount in a Series A round, dated March 28, 2023. Perplexity is based in Delaware, United States.

How much did Perplexity raise?
Perplexity raised an undisclosed amount in a Series A round on March 28, 2023.
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.

  • Seekr raised $4.3M (Seed) on May 11, 2023.
  • Cranium Al raised $4.7M (Seed) on May 10, 2023.
  • GPTZero raised an undisclosed amount (Funding Round) on May 10, 2023.
  • Osavul raised $1M (Seed) on May 4, 2023.
  • Hypercraft raised $10M (Grant) on May 4, 2023.
  • Alltius raised $13M (Series B) on April 13, 2023.

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.

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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
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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