P
Perplexity
$20B · AI Search · Founded 2022
Key MetricsApr 22, 2026
Valuation
$20B
Sep 2025 round
Raised
~$1.7B
11 rounds, 56+ investors
ARR
$500M
[EST] Apr 2026, up 335% YoY
Users
100M+
Monthly active
Queries
780M+
Monthly, 30M/day
Intelligence Scores
Total60.55/ 100
Model Quality
6520%
Uses GPT/Claude/Llama — not own models
Revenue
7020%
$500M ARR est; 335% YoY growth
Compute
3515%
$750M Azure deal; fully dependent
Funding
7215%
$1.7B raised; $20B valuation
Moat
5815%
Brand + UX; but model-agnostic = replaceable
Talent
6810%
~250 employees; lean but stretched
Regulation
405%
NYT cease-and-desist; Amazon lawsuit; copyright risk
Market Position
Ai Search
Similarweb / Sacra estimates, 2026
Perplexity 8%
Google (AI Overviews) 65%
ChatGPT Search 15%
Bing AI 8%
Others 4%