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

Perplexity Valuation: $20B After the Sep 2025 Series E extension 2

Private

Perplexity was last valued at $9B (post-money). It comes from the $200M Series E extension 2 of Sep 2025. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Perplexity valuation · at a glance
Last valuation
$9B
POST-MONEY · DEC 2024
Lead investors
2
across 3 rounds
Raised across rounds
$725.6M
3 rounds
Date of last round
Sep 2025
closed 10 Sep 2025
Valuation history

How the Perplexity valuation has moved

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 rounds

Perplexity rounds and the valuation each one set

3 rounds
Round
Date
Amount
Valuation
Basis
Series E extension 2 LATEST
10 Sep 2025
$200M
$20B
POST-MONEY
Series C
1 Dec 2024
$500M
$9B
POST-MONEY
Series A
—
$25.6M
—
—
Lead investors
Leads: Amazon, New Enterprise Associates.
Full funding history — Perplexity profile ›
What the valuation means

What the $9B actually measures

A private valuation is the price agreed in one transaction. The Perplexity valuation of $9B is a post-money figure from the Series E extension 2 dated 10 Sep 2025 — the whole company measured after the $200M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $8.8B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2022 with roughly 100 people has no daily price and no order book between rounds.

Where the $9B comes from
EventSeries E extension 2, dated 10 Sep 2025
Basispost-money
Round size$200M

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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