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AI Industry Map / Apps / Perplexity

Perplexity

AI search engine that answers questions with cited web sources, sold free and as a paid plan.

Revenue
More than $750M annualised, up from under $250M at the start of 2026 (press reports, Aug 2026)
Value
About $20B in its last round (Sep 2025). Nvidia talks reported at over $30B (Aug 2026)
Growth
Annualised revenue more than tripled in 2026 per press reports
Based in
San Francisco, US
Listed
Private
Why it is winning

It has a clear product and a loyal audience of people who research for work.

The risk to watch

Google and ChatGPT copy its core search feature, and it has no audited accounts.

Money coming in

Who pays Perplexity, and for what.

No customers of Perplexity mapped yet.

Money going out

Who Perplexity pays to do what it does.

No suppliers of Perplexity mapped yet.

Where it sits on the map

Competitors and neighbours

Sources: outlookbusiness.com, curvedtrading.com

The map updates three times a week.

241 companies across 25 areas, 62 money flows and 89 openings so far. New research lands every Tuesday, Thursday and Saturday.

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