Perplexity is reportedly in talks to raise up to $1B at an $18B valuation

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Perplexity is reportedly in talks to raise up to $1B at an $18B valuation

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AI-powered search startup Perplexity is said to be in early talks to raise up to $1 billion in a new funding round valuing the startup at $18 billion. Bloomberg, citing a person familiar with the matter, reported on Thursday that Perplexity’s annual recurring revenue has now reached $100 million. Perplexity’s valuation has soared in recent […] © 2025 TechCrunch. All rights reserved. For personal use only.

Source: https://techcrunch.com/2025/03/20/perpl ... valuation/
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