The AI answer engine doubles its valuation in eight months as enterprise revenue triples year over year.
Perplexity has closed a $500M Series D led by IVP, pushing the company's valuation to $14B - nearly 2x its last round in September. CEO Aravind Srinivas said enterprise ARR has tripled year over year and now accounts for the majority of new revenue. The round will fund deeper agentic browsing features and an expanded ad-free Pro tier.