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Perplexity AI

AI search & discovery · San Francisco, United States

Perplexity bet that people would rather read a synthesized, cited answer than click through a page of blue links, and grew from a $121 million valuation to roughly $23 billion in under three years betting on it.

Founded
2022
Based in
San Francisco, United States
Stage
Late-stage private
Founders
Aravind Srinivas and 3 more
Record
Needs review

What Perplexity AI does

Perplexity was founded in 2022 by Aravind Srinivas (previously at OpenAI, Google Brain and DeepMind), Denis Yarats (previously at Meta AI), Johnny Ho and Andy Konwinski. Its core product answers a query directly, in prose, with inline citations back to the sources it drew from, rather than returning a ranked list of links the way conventional search does - a format that has drawn direct competitive attention from Google.

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The company has expanded from its web-based answer engine into a browser (Comet) and enterprise search products, and has raised capital at a pace that has made it one of the fastest-growing valuations in the sector, backed by investors including Nvidia and Jeff Bezos.

What it builds

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