With continued backing from its 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, search platform Perplexity AI secured $73.6 million led by IVP.
The investment is going to be used by the business to hire people and to construct the products.
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“It’s not just about our technology but also how people use it. We stand at the inflection point of a massive behavioral shift in how people access information online. I am excited about the potential for Perplexity to enhance our curiosity and intelligence by providing streamlined access to reliable information,” Aravind Srinivas, Co-founder & CEO of Perplexity said.
“We are privileged to have the support of leading investors, technologists, and, most importantly, the millions of users who have trusted us with their time and support as we fulfill this grand mission of making the planet smarter by continuing to build the fastest and most accurate platform for answering any question,” he added.
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“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.
“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.
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About Perplexity
The idea behind Perplexity was that the process of looking for information had to be uncomplicated and time-saving, and that it ought to be free from the influence of models that are driven by advertising. Because there is a clear desire for a platform that can cut through the noise of information overload and give solutions that are accurate and user-focused in an era where time is of the essence, they have come into existence.
