Ad
Skip to content
Subscribe Now
AI in practice
Copy the url to clipboard Share this article Go to comment section

Perplexity's valuation soared to $18 billion after its latest funding round

Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jul 18, 2025

Perplexity's valuation has jumped to $18 billion, up from $14 billion just two months ago, according to the Financial Times. New investors paid the higher price after its latest funding round. The company’s annual revenue grew from $35 million in August 2023 to $150 million.

Investors include Nvidia, SoftBank’s Vision Fund 2, venture firms New Enterprise Associates and IVP, Amazon founder Jeff Bezos, and Meta’s Yann LeCun. Perplexity offers an AI search engine and a paid browser called "Comet," which can handle tasks like shopping, summarizing social media, and sending emails. Apple is reportedly interested in acquiring the company.

AI News Without the Hype – Curated by Humans

Subscribe to THE DECODER for ad-free reading, a weekly AI newsletter, our exclusive "AI Radar" frontier report six times a year, full archive access, and access to our comment section.

Read on for the full picture.
Subscribe for hype-free coverage.

  • Access to all THE DECODER articles.
  • Read without distractions – no Google ads.
  • Access to comments and community discussions.
  • Weekly AI newsletter.
  • 6 times a year: “AI Radar” – deep dives on key AI topics.
  • Up to 25 % off on KI Pro online events.
  • Access to our full ten-year archive.
  • Get the latest AI news from The Decoder.
Subscribe to The Decoder