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Perplexity AI Launches $50M Seed Fund

  • Perplexity AI, the developer behind an AI-powered search engine, is raising a $50 million seed and pre-seed investment fund.
  • Majority of the capital is sourced from limited partners; some funds are from Perplexity’s own growth capital.
  • The company had raised $500 million at a $9 billion valuation in December.
  • The fund is managed by Kelly Graziadei and Joanna Lee Shevelenko, co-founders of F7 Ventures.
  • It's unclear if Graziadei and Shevelenko will continue managing F7 Ventures or focus solely on Perplexity’s fund.

Source: TechCrunch

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5mo ago
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