Y Combinator led a $62.7m Series C round in Perplexity AI.

Synopsis

Y Combinator, a startup accelerator that provides seed funding and mentorship to early-stage companies, led a $62.7m Series C round in Perplexity AI, an AI-powered search engine.

Principals

target

PERPLEXITY.AI

bidder

Y Combinator

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Market Context

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Seller Team (3)

benjamin potter

Partner at Latham & Watkins

Lawyer

target

187

Deals

£ 30.56 B

Total Value

aravind srinivas

Co-founder & CEO at PERPLEXITY.AI

Manager

target

Deals

£ 704 M

Total Value

michael podolny

Partner at Latham & Watkins

Lawyer

target

Deals

£ 8.47 B

Total Value

Bidder Team (1)

garry tan

President and CEO at Y COMBINATOR LLC

Investor

bidder

Deals

£ 2.30 B

Total Value

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