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HomeRecent ArticlesPerplexity Raises $73.6M Series B Funding Round

[Funding alert]Perplexity Raises $73.6M Series B Funding Round

To support rapid consumer adoption and expansion plans, Perplexity has raised $73.6 million in Series B funding from trusted VC firms and prominent tech visionaries. IVP led the round with continued support from Perplexity's Seed and Series A investors NEA, Elad Gil, Nat Friedman, and Databricks, as well as new investors NVIDIA, Jeff Bezos (through Bezos Expeditions Fund), Tobi Lutke, Bessemer Venture Partners, Naval Ravikant, Balaji Srinivasan, Guillermo Rauch, Austen Allred, Factorial Funds, and Kindred Ventures, among others.

To support rapid consumer adoption and expansion plans, Perplexity has raised $73.6 million in Series B funding from trusted VC firms and prominent tech visionaries. IVP led the round with continued support from Perplexity’s Seed and Series A investors NEA, Elad Gil, Nat Friedman, and Databricks, as well as new investors NVIDIA, Jeff Bezos (through Bezos Expeditions Fund), Tobi Lutke, Bessemer Venture Partners, Naval Ravikant, Balaji Srinivasan, Guillermo Rauch, Austen Allred, Factorial Funds, and Kindred Ventures, among others.

Read also – [Funding alert]Arbital Health Acquires Santa Barbara Actuaries and Closes  $10M Series A Funding

With Perplexity’s search tools, users get instant, reliable answers to any question with complete sources and citations included. There is no need to click on different links, compare answers, or endlessly dig for information. In an era where misinformation and AI hallucinations are causing increasing concern, we’re built on the idea that accuracy and transparency are prerequisites to making AI-powered search ubiquitous.

Read also – [Funding alert]Nalu Medical Secures $65 Mn Equity Financing to Advance Treatment

“Perplexity is intensely building a product capable of bringing the power of AI to billions. The team possesses the unique ability to uphold a grand, long-term vision while shipping product relentlessly, requirements to tackle a problem as important and fundamental as search.” — Cack Wilhelm, General Partner, IVP, who led the round, and joins Perplexity’s Board of Directors.

Read also – [Funding alert] TN-based Seven Hills Capital secures an Inaugural fund

“While there has been a lot of excitement around business-to-business and developer-related AI capabilities, AI will also transform how we access information. Perplexity is at the forefront of this shift as one of the few consumer AI products to reach this major milestone of 10 million MAUs. They will become the go-to place for trusted information, which is why I am so excited that Perplexity is NVIDIA’s first consumer investment from our corporate arm.” – Jonathan Cohen, VP of Applied Research at NVIDIA.

Read also – MA-based Bruker Acquired Nion

The times of sifting through SEO spam, sponsored links, and multiple web pages will be replaced by a much more efficient way to consume and share information, propelling our society into a new era of accelerated learning and research.

Read also – NJ-based Cosette Pharmaceutical Acquired Vyleesi®

About Perplexity

Perplexity Founded in 2022, Perplexity was founded on the belief that searching for information should be a straightforward, efficient experience, free from the influence of advertising-driven models.

Read also – NYC-based Billups Acquired Outsight

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