Perplexity Raises $73.6M in Series B Funding

Perplexity, a San Francisco, CA-based AI-native conversational search startup, raised $73.6M in Series B funding.

The round, which brought the total amount to $100M, was led by IVP, with support from NEA, NVIDIA, Databricks, and Bessemer Venture Partners, as well as Jeff Bezos, Nat Friedman, and Toby Ludke.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Aravind Srinivas, Perplexity is advancing a Copilot, an AI research assistant that tailors search queries with custom follow-up questions, removing the burden of prompt engineering, and the need for users to ask the exact question in the right way to get the answer they are looking for. This enables users to gain more relevant and comprehensive answers compared to other AI chatbots, traditional search engines, or research tools. Copilot has seen strong traction so far, especially among academics, students, and knowledge workers who rely on frequent research.

Massive kudos to Perplexity for rocking the fundraising game and securing a whopping $73.6M in Series B funding! πŸŽ‰πŸš€ That’s a stellar achievement. Here’s to the next chapter of success and continued brilliance! 🌟

~ Dr Shishir said Gupta founder & CEO of StartupLanes 

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