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


by TechCrunch

TechCrunch— 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 the company’s valuation leapfrog […] © 2024 TechCrunch. All rights reserved. For personal use only.

TechCrunch—EXCLUSIVE: Tiger Global-backed Innovaccer in talks to raise $250 million in new funding, sources say. Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $250 million in a new financing round, three sources familiar with the matter told TechCrunch. The deliberation for the new funding round is ongoing, and the current talks […] © 2024 TechCrunch. All rights reserved. For personal use only.

Adweek—AI Search Startup Perplexity’s Series B Funding Raises Nearly $63M, Launches Enterprise Pro. Perplexity, a generative AI startup developing a search engine to rival Google, has secured nearly $63 million in Series B funding. This investment has propelled the 55-person startup to double its valuation in three months, now exceeding $1 billion, with total fundraising reaching $165 million. The round was led by investor Daniel Gross with participation from Y Combinator chief executive officer Garry Tan, Figma Inc. CEO Dylan Field and billionaire Stanley Druckenmiller. Previous backers,...

Search Engine Land—Perplexity AI: Exploring AI-powered search beyond Google. Perplexity's AI-powered search experience challenges Google's model by delivering conversational answers, citing sources and more.