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Perplexity has reportedly closed a $500M funding round

TechCrunch LogoTechCrunch19h ago

Perplexity has reportedly closed a $500M funding round - TechCrunch

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AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion.

Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December.

In an email to TechCrunch, a Perplexity spokesperson declined to comment.


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Article Details

Author / Journalist: Kyle Wiggers

Category: StartupsBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 22:18:29 (19 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 163 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24560504

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