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PERPLEXITY
Perplexity
Artificial Intelligence · San Francisco, California · United States · Founded · 2022 · ≈ · 100 · employees

Perplexity — Valuation, Funding & Investors

Private

Perplexity is a private company building in artificial intelligence, founded in 2022. Its most recent disclosed valuation is $9B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Perplexity at a glance
Last valuation
$9B
POST-MONEY · DEC 2024
Raised across rounds
$725.6M
3 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
NVDA—
NVDA-PERP · live
Valuation history

Perplexity valuation history

2 valuations. The latest, $20B post-money, was set by the Series E extension 2 in Sep 2025.

$9B
Dec 2024
$9B
Series C · post-money
Sep 2025
$20BLATEST
Series E extension 2 · post-money
+122% vs prior valuation
Latest valuation
$20Bpost-money
Set by the Series E extension 2 · 10 Sep 2025
×2.2since the $9B Series C in Dec 2024
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series E extension 2 · $200M raised
Undated: Series A at —.
Funding history

Perplexity funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series C
Dec 2024
$500M
$9B
Amazon
—
Series E extension 2
Sep 2025
$200M
$20B
—
+122.2%
Series A
—
$25.6M
—
New Enterprise Associates
—
Perplexity · investors

Investors

New Enterprise AssociatesLEADAmazonLEADGoogleBBenchmarkKhosla Ventures
Will Perplexity IPO?
Founded
2022
Dec 2024
Series C · $9B
Sep 2025
Series E extension 2 · $20B
IPO
Not announced
No filing has been made.
Perplexity — the private market
Last valuation$9B · post-money · Dec 2024
Total raised$725.6M
Lead investors
New Enterprise AssociatesAmazon
IPO statusNot announced
Founded · HQ2022 · San Francisco, California · United States
Employees≈ 100
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Perplexity

Perplexity operates an AI-powered answer engine that researches the open web in real time, routes queries across multiple large language models, and returns concise answers with cited sources. Its product line has expanded from the core search assistant to Perplexity Pro, Perplexity Assistant, an agentic Perplexity Computer that can complete tasks like booking travel or filling out forms, and the Comet web browser.

Founded in San Francisco in August 2022 by Aravind Srinivas, Denis Yarats, Johnny Ho, and Andy Konwinski, Perplexity reached a valuation of roughly $20 billion by September 2025, and the company has faced legal scrutiny from media organizations including the BBC, Dow Jones, and The New York Times over its web scraping and content use.

The money screen · ranked by accessibility

How to get Perplexity exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Perplexity.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Perplexity availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Perplexity included.

No account needed

Perplexity stock — frequently asked questions

What is Perplexity's valuation?›

The last valuation is $9B.

Who has invested in Perplexity?›

Lead investors for each round are in the funding timeline.

Who are Perplexity's competitors?›

The closest artificial intelligence peers are on the competitors page.

How can I get exposure to Perplexity?›

The routes section explains what is realistically available for a company at this stage.

Is Perplexity publicly traded?›

No. Perplexity is a private company; its shares do not trade on a public exchange.

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