
What Perplexity is
Perplexity is an AI answer engine that researches the open web in real time and returns concise, cited answers. Founded in 2022, it is one of the fastest-growing AI consumer products and now ships its own Comet browser.
Funding snapshot
Perplexity closed a $500M round in June 2025 at a $14B valuation, was valued at about $20B in September 2025, and reached a $21.21B valuation in early 2026 following its Series E-6 round. It had raised $165M by April 2024 at a valuation above $1B (source: Wikipedia).
Key features
- Real-time web research with inline citations
- Pro Search multi-step reasoning
- Deep Research agentic research reports
- Labs workspace for building apps and reports (unlimited on Max)
- Spaces for collaborative research
- Focus modes (Academic, Social, Writing, etc.)
- Finance and Shopping hubs
- Comet AI browser (free, launched July 2025)
Where it lives
Alternatives to consider
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