Accel led a $500m Series E round in Perplexity AI.

Synopsis

Accel, an early and growth-stage venture capital firm, led a $500m Series E round in Perplexity AI, an artificial intelligence company, with participation from SoftBank Vision Fund, NVIDIA, Bezos Expeditions, IVP, NEA, Databricks Ventures, and Bessemer Venture Partners.

Principals

target

PERPLEXITY.AI

bidder

ACCEL

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Market Context