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Will Perplexity AI reach a valuation of $8 billion by March 31, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official valuation reports or major financial news outlets
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Jeff Bezos-backed Perplexity AI Seeks $500 Million Funding to Double Valuation to $8 Billion
Oct 20, 2024, 10:53 PM
Founded in August 2022, Perplexity AI, an artificial intelligence search company, has begun fundraising talks to raise around $500 million, aiming to more than double its valuation to $8 billion or more, according to reports from the Wall Street Journal. The company's Series A round was led by NEA in March 2023 at a $124 million pre-money valuation. Perplexity was previously valued at $3 billion a few months ago and $520 million in January. The company's annualized revenue has reportedly increased to approximately $50 million from $10 million in March. This would be its fourth funding round within a year. Jeff Bezos is among the backers of Perplexity AI.
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