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Valued at over $9 billion, focused on AI + search, founded in 2022 and headquartered in California, USA

Location:
United States of America
Language:
en
Collection time:
2024-07-15
PerplexityPerplexity

Company Profile

Perplexityis a generative search engine company built on artificial intelligence founded in August 2022 and headquartered in San Francisco, California. The company was founded by Aravind Srinivas, Denis Yarats, Johnny Ho, and Andy Konwinski. Of these, Srinivas serves as CEO.Perplexity is committed to creating an efficient, straightforward search experience, focusing on developing conversational search engine platforms that deliver AI-powered, human-like interactive experiences through natural language processing technology.

Milestones

  1. in the early stages::

    • Perplexity was founded in August 2022 by Srinivas et al.
    • In September 2022, the company secured a $3.1 million seed round of financing.
    • In December 2022, Perplexity AI went live.
  2. boom::

    • In February 2023, Perplexity reached 10 million monthly visits and 2 million unique visitors.
    • In March 2023, Perplexity launched its app on Apple's iOS platform, with over 100,000 downloads in six days.
    • In March 2023, the company raised $25.6 million in Series A funding, valuing it at $150 million.
    • In October 2023, after launching a subscription-based service with an ARR (Annual Repeat Revenue) of $3 million, it closed a new round of funding led by IVP at a valuation of $500 million.
    • As of November 2023, the company has raised more than $28 million and is in talks with Instacart and Klarna about integrating conversational search into their respective platforms.
  3. go from strength to strength::

    • In April 2024, Perplexity was named to the 2024 Forbes AI 50 list while in the midst of a new round of funding of at least $250 million at a possible valuation of $2.5 billion to $3 billion.
    • In June 2024, the valuation rose to $3 billion after receiving an investment from SoftBank Group's Vision Fund.
    • As of November 2024, Perplexity closed a new $500 million funding round, valuing the company at $9 billion.

Products & Services

Perplexity's main product is its conversational search engine platform, which provides an AI-powered search experience through natural language processing technology. Its search engine supports multiple rounds of conversations with real-time content updates and relies on a variety of Large Language Models (LLMs) to provide natural language processing capabilities.Perplexity also offers a mobile app and two Chrome extensions to make it easy for users to use its search service on different devices.

In addition to basic search functionality, Perplexity offers additional features such as organizing search content (called "threads" or Threads), uploading documents and images to aid in search, and generating relevant images or text based on questions. In addition, Perplexity is available in a subscription-based "Pro" model that provides enhanced features such as uploading and analyzing local files and accessing the API.

core technology

Perplexity's core technology mainly consists of data fusion technology and intelligent algorithms.

  1. Data fusion technology::

    • In the era of big data, the diversity and complexity of data sources bring great challenges to data processing. perplexity is able to effectively integrate data from different channels and formats through its unique data fusion technology, breaking data silos and realizing data interoperability and interconnectivity.
  2. intelligent algorithm::

    • With advanced machine learning, deep learning and other technologies, Perplexity is able to efficiently mine and analyze data to discover correlations and patterns between data. These intelligent algorithms not only improve the accuracy of data processing, but also significantly reduce labor costs.

Perplexity stands out in the AI-driven search market with its innovative technology, excellent products and services, and strong core competencies. In the future, Perplexity is expected to continue to maintain its leading position and bring users a more convenient and efficient search experience as technology continues to advance and the market continues to expand.

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