Perplexity is reportedly in talks to raise up to $1B at an $18B valuation

Quick Summary:

Bloomberg, citing a person familiar with the matter, reported on Thursday that Perplexity’s annual recurring revenue has now reached $100 million.

AI-powered search startup Perplexity is said to be in early talks to raise up to $1 billion in a new funding round valuing the startup at $18 billion.

We’ve reached out to Perplexity for comment on the fundraising rumors and will update this post if we hear back.

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Article Details

Author / Journalist: Maxwell Zeff

Category: Technology

Markets: United States

Topics: AI Perplexity

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 19:14:46 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 208 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27199118

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