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Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say

Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say

a week ago
Anonymous $6hYC3Wwiad

https://techcrunch.com/2024/04/23/perplexity-is-raising-250m-at-2-point-5-3b-valuation-ai-search-sources-say/

Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a valuation of between $2.5 billion and $3 billion.

The news comes on the heels of two other big fundraises that have seen company’s valuation leapfrog in the last four months: in January the company raised nearly $74 million at a valuation of $540 million (up from $121 million in April 2023). And at the beginning of March, the company closed $56 million on a valuation of $1 billion — a raise that has been quietly public since then (it was on PitchBook’s database for one), and which Bloomberg highlighted earlier today.