Perplexity AI, Series C

The Future of Search

perplexity.ai

San Francisco, CA

Technology Notable Angel SaaS B2C Minority Founder

Highlights

Tier 1 VC-Backed

Raised $250K or more from a top-tier venture firm

Fast Growth

Revenue growing 2X/yr for at least prior 6 months

Explosive growth: 10M MAUs in 1 year, 500M+ queries served (Jan '24)

Elite founding team from DeepMind, Google, OpenAI, Quora, Databricks

Disruptive "answer engine" tech reimagining search market

$150M raised from NVIDIA, Elad Gil, NEA, Nat Friedman, Bessemer, Jeff Bezos, Garry Tan, Sequoia

Our Team

Aravind SrinivasCo-Founder & CEO

OpenAI Staff Researcher, Google Brain & DeepMind, UC Berkeley PhD

Johnny HoCo-Founder & CSO

Tower Research, Harvard, World #1 10I 2012, World #3, ACM-ICPC

Andy KonowinskiPresident

Cofounder and VP of Databricks, UC Berkeley PhD, Postdoc

Pitch

The following information is highly confidential and must not be shared or disclosed.

This investment opportunity is private and for accredited investors only (506b). The deal is part of Perplexity AI (Perplexity AI, Inc.) Series C and it is a primary offering. The terms are ~$3.6B post-money valuation on preferred shares with standard provisions. We are co-investing with SoftBank, IVP, NEA.

Investors will invest in a Wefunder managed vehicle. Our allocation is between $5-10M, if interested in investing a larger size, we’ll be happy to check with the founders and see whether we can accommodate your investment. For any questions or additional information, please reach out to Mattia at mattia@wefunder.com.