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Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search platform, sources say
Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250
And at the beginning of March, the company closed $56 million on a valuation of $1 billion — a raise that has been quietly public since then (it was on PitchBook’s database for one), and which Bloomberg highlighted earlier today. In addition to IVP and NEA, it includes other notable VCs such as Sequoia, Bessemer and Kindred; strategic backers like Nvidia, Databricks and Bezos Expeditions; and many recognizable individuals such as Jeff Bezos, Meta’s chief AI scientist Yann LeCun, Naval Ravikant, Susan Wojcicki, Elad Gil, Nat Friedman, and Clément Delangue from Hugging Face. In the years leading up to is IPO during a time of rapid growth and major attention, Snap regularly appeared to be raising money on an ongoing basis.
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