Perplexity AI is a leading AI-powered search engine that summarizes and answers questions based on the user's query.
Launched in 2022, Perplexity has quickly established itself as a major player in the AI search market.
Today, it processes over 400 million search queries per month.
So, how significant is Perplexity AI in the rapidly growing AI search industry?
Here's a summary of what you'll find out on this page:
- Key Perplexity AI Stats
- Perplexity AI Revenue
- Perplexity AI Market Share
- Perplexity AI Valuation
- Perplexity AI Funding
- Perplexity AI Investors
- Perplexity AI Monthly Searches
- Perplexity AI Employees
Key Perplexity AI Stats
- Perplexity AI processes over 400 million search queries per month.
- Perplexity AI's annual revenue reached $100 million in 2025.
- Perplexity AI is valued at $18 billion as of March 2025.
- Perplexity AI has raised a total of $915.3 million in funding to date.
- Perplexity AI employs approximately 247 people worldwide.
Perplexity AI Revenue
Perplexity generated $20 million in revenue in 2024. Perplexity AI is on track to generate $100 million in annual revenue in 2025.
This would be a dramatic increase from $20 million in 2024, representing a 400% year-over-year growth.
Perplexity generates revenue primarily through its premium subscription service priced at $20 per month, alongside advertising.
Here's a table showing Perplexity AI's annual revenue growth:
| Year | Perplexity Revenue |
|---|---|
| 2023 | $1 million |
| 2024 | $20 million |
| 2025 | $100 million |
Perplexity AI has a 6.2% market share in the AI search market as of 2025.
This places Perplexity as a growing competitor in the quickly evolving AI search landscape, which includes players like ChatGPT, Google's AI search features, and other specialized AI search tools.
Source:
First Page SagePerplexity AI Valuation
Perplexity AI is valued at $18 billion as of March 2025, following discussions for a new funding round of between $500 million and $1 billion.
Perplexity AI's valuation has grown exponentially since its founding increasing from $150 million in March 2023 to $18 billion in March 2025.
Here's a table showing Perplexity AI's valuation growth (2023-2025):
| Date | Perplexity Valuation |
|---|---|
| March 2023 | $150 million |
| January 2024 | $520 million |
| April 2024 | $1 billion |
| December 2024 | $9 billion |
| March 2025 | $18 billion (projected) |
Perplexity AI Funding
Perplexity AI has raised a total of $915.3 million in funding to date, with a potential Series D round that could bring in up to $1 billion more.
Here's a breakdown of Perplexity AI's funding rounds:
| Date | Round | Amount Raised | Key Investors | Valuation |
|---|---|---|---|---|
| Sep 2022 | Seed | $3.1M | Elad Gil, Nat Friedman, Yann LeCun, Andrej Karpathy, others | Not disclosed |
| Mar 2023 | Series A | $25.6M | NEA, Elad Gil, Nat Friedman, Susan Wojcicki, others | ~$150M |
| Jan 2024 | Series B | $73.6M | IVP, NVIDIA, Jeff Bezos, NEA, others | ~$520M |
| Apr 2024 | Series C | $63M | Daniel Gross, Jeff Bezos, NVIDIA, others | >$1B |
| Aug 2024 | Series C | $250M | SoftBank Vision Fund, NVIDIA, Jeff Bezos, others | Not disclosed |
| Dec 2024 | Series C | $500M | SoftBank, NVIDIA, Jeff Bezos | $9B |
| Mar 2025 | Series D (in talks) | Up to $1B | Not disclosed (in discussions) | $18B (projected) |
Source:
Business WorldPerplexity AI Investors
Perplexity AI has attracted investment from some of the most prominent names in technology and venture capital.
These investors include NVIDIA, SoftBank, Jeff Bezos, Susan Wojcicki (Former Youtube CEO), Tobi Lütke (Shopify CEO), Dylan Field (Figma CEO), Nat Friedman, Elad Gil, and more.
Some of the most notable Perplexity AI investors include:
| Investor Category | Notable Investors |
|---|---|
| Institutional Investors | NVIDIA, SoftBank, Databricks Ventures, NEA, IVP, Bessemer Venture Partners |
| Tech Industry Leaders | Jeff Bezos, Susan Wojcicki, Tobi Lütke (Shopify CEO), Dylan Field (Figma CEO) |
| AI & Tech Pioneers | Yann LeCun, Andrej Karpathy, Naval Ravikant, Nat Friedman, Elad Gil |
Source:
Business WorldPerplexity AI Monthly Searches
Perplexity AI processes over 400 million search queries per month.
This number comes out to an average of 13.3 million searches per day.
Source:
NVIDIA Developer BlogPerplexity AI Employees
Perplexity AI has 247 employees worldwide as of 2025.
The company has been expanding its team rapidly to support its growing user base and develop new AI search capabilities.
Source:
Crust DataConclusion
Perplexity AI's impressive growth continues to show the rising demand for AI-powered search platforms.
With its growing valuation, strong funding, and expanding user base, Perplexity is changing how people find information online.
As AI search technology evolves, Perplexity's approach to gathering information from many sources makes it an important player in this new market.
