We’re excited to announce that we’ve raised $62.7 million in a Series B1 funding led by Daniel Gross. The round also includes Stanley Druckenmiller, NVIDIA, Jeff Bezos, Tobi Lutke, Garry Tan, Andrej Karpathy, Dylan Field, Elad Gil, Nat Friedman, IVP, NEA, Jakob Uszkoreit, Naval Ravikant, Brad Gerstner and Lip-Bu Tan.
Since we announced our Series B in January 2024, we’ve grown to serve 169M queries per month, and more than 1 billion queries in the last 15 months. The additional funding will be used to support our continued consumer adoption and enterprise expansion.
@perplexity_ai Yooo, see the line uppppppp Congratulations team
Impressive list. Nevertheless, venture investing is based on power laws. This is arguably not so much about a high conviction prediction as a massively asymmetric bet. It is also far from clear that Perplexity has a profitable and durable model given the rapid evolution of the space. Props for what they have accomplished but massive uncertainty remains IMHO.