Perplexity raises $73M Series B off reported $520M valuation for AI-powered search engine

The fundraising was led by IVP, whose portfolio also includes Coinbase and Robinhood, and joined by new investors Nvidia and Jeff Bezos.

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Artificial intelligence startup Perplexity announced a series of milestones and updates on Jan. 4. Highlighting the news is the company’s Series B successful completion, which raised $73.6 million.

The fundraise was led by IVP, whose investment portfolio includes numerous crypto and fintech companies such as Coinbase and Robinhood. It was joined by Series A investors NEA, Elad Gil, Nat Friedman and Databricks. It also featured new investments from Nvidia and Jeff Bezos (through the Bezos Expeditions Fund).

TechCrunch reported that the Series B fundraising occurred at a valuation of $520 million. According to Perplexity, it has now raised $100 million to date. 

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