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New Deal


Announced

Completed

Peter Sonsini led a $25m Series A funding in Perplexity.ai.

Financials

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Transaction Value£20m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

Domestic

Private Equity

digital services

United States

Venture Capital

Digital Services

Friendly

artificial intelligence

Minority

Private

Single Bidder

Synopsis

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Peter Sonsini, a General Partner at New Enterprise Associates, led a $25m Series A funding in Perplexity.ai, an AI-powered startup, with participation from Elad Gil, Nat Friedman, Jeff Dean and Bob Muglia, Susan Wojcicki, Paul Buchheit, Soleio and Databricks Ventures. "Our long-term mission is to become the best platform for answers and information, serving as the go-to source for people seeking quick, accurate answers tailored to their asks. We envision Perplexity AI as a platform beyond a traditional search engine, evolving into a comprehensive knowledge hub where anyone can explore and learn effortlessly," Perplexity.ai.

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