Private Market View

Perplexity AI

Business/Productivity Software · San Francisco, CA · Founded 2022 · Privately Held (backing)

PA Mark · $/share
$60
Sep 2026
Implied valuation
$16.4B
Total raised
$1.7B
Last round
Secondary Transaction - Private
May 2026
What is Perplexity AI worth?
$16.4Bimplied by the PA Mark · Sep 2026

Perplexity AI last raised $15.0M in its Secondary Transaction - Private (May 2026).

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Valuation timeline

7 marks · Apr 2023 – Sep 2026
Series A5 roundsPA Mark
log scale
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Funding history

9 rounds
DateRoundRaisedPost-money
May 2026Secondary Transaction - Private$15.0M
Apr 2026Secondary Transaction - Private$940K
Jan 2026Later Stage VC
Sep 2025Series E$200.0M
Jul 2025Series E$600.0M
Dec 2024Early Stage VC$500.0M
+ 3 earlier rounds · a free account shows the full history

How Perplexity AI's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Perplexity AI, we compose those signals into the PA Mark — a weighted composite of 7 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is Perplexity AI worth?
Perplexity AI's implied valuation is $16.4B, based on the PA Mark composite price of about $60 per share as of Sep 2026.
How much has Perplexity AI raised?
Perplexity AI has raised $1.7B in total funding across 9 recorded rounds.
When did Perplexity AI last raise?
Perplexity AI last raised in May 2026 (Secondary Transaction - Private), raising $15.0M.
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