AI Search Startup Perplexity Soars to $18 Billion Valuation with $100M Funding Round
The Google competitor continues its rapid ascent, securing fresh capital from investors including Nvidia and SoftBank as its annualized revenue hits $150 million.
Olivia Sharp
•
•
1 min read
•
450 views
Free
AI search startup Perplexity has raised $100 million in a new funding round, pushing its valuation to $18 billion. The round, which included investors like Nvidia and SoftBank, comes as the company's annualized revenue has surged to $150 million.
Perplexity's Valuation Skyrockets in New Funding Round
AI search startup Perplexity has solidified its status as a major tech disruptor, closing a new $100 million funding round that pushes its valuation to a staggering $18 billion.
Explosive Growth and Investor Confidence
The new valuation, up from $14 billion just months ago, is a testament to the company's explosive growth and the continued enthusiasm of Silicon Valley for generative AI ventures.
- Key Backers: The round saw participation from major existing investors, including Nvidia and SoftBank's Vision Fund 2, signaling strong confidence in the company's trajectory.
- Surging Revenue: Perplexity's …
Archive Access
This article is older than 24 hours. Create a free account to access our 7-day archive.