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

Perplexity Funding — Last Valued at $9B

Private

Perplexity has raised $725.6M across 2 funding rounds, plus 1 undated round. The latest round valued Perplexity at $20B post-money.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Perplexity funding · at a glance
Total raised, all rounds
$725.6M
sum of disclosed sizes
Funding rounds
2
plus 1 undated round
Latest round
$20B
post-money · Sep 2025
Lead on that event
not disclosed
2025
About Perplexity

Perplexity is backed by Amazon, Google, Benchmark, and Khosla Ventures, and the company reached a $9 billion valuation in December 2024 before climbing to roughly $20 billion by September 2025.

Funding timeline

The Perplexity funding timeline

2 funding rounds, the latest highlighted.

2022
Perplexity founded

Perplexity was founded in 2022, United States.

UNDATED
Series A

No date is disclosed for this round.

DEC 2024
Series C at $9B post-money

A primary round — the company sells new shares to investors it selects. $500M raised, led by Amazon.

Valuation basispost-moneyAmount$500MPrice / shareLeadAmazon
SEP 2025LATEST
Series E extension 2 at $20B post-money

A primary round — the company sells new shares to investors it selects. $200M raised.

Valuation basispost-moneyAmount$200MPrice / shareLead
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Perplexity funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series E extension 2 LATEST
Sep 2025
$200M
$20Bpost-money
—
—
—
Series C
Dec 2024
$500M
$9Bpost-money
—
Amazon
—
Series A
—
$25.6M
—
—
New Enterprise Associates
—
Perplexity · investors

Investors

New Enterprise AssociatesLEADAmazonLEADGoogleBBenchmarkKhosla Ventures

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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