ARR grew from ~$450M (March 2026) to over $750M annualized (Aug 2026), driven largely by the 'Perplexity Computer' agent product, alongside a $750M Microsoft Azure cloud commitment (Jan 2026). Note the source disagreement on the exact Jan 2026 valuation ($20-23B range) and, more fundamentally, that the Jan 2026 'Series E-6' round itself is only reported by secondary aggregators -- no tier-1 outlet has confirmed it occurred, its amount, or its lead. Round naming across the 2024-2026 rounds is inconsistent across public sources; dates/valuations are the more reliable anchor than round labels.
| Round | Date | Valuation | Lead |
|---|---|---|---|
| Series B | 2024-01-04 | $520M | IVP |
| Series (Accel-led) | 2025-05-01 | $14.0B+2592% | Accel |
| Series E-5 (label uncertain) | 2025-09-10 | $20.0B+43% | Undisclosed -- TechCrunch's own Sept 10 2025 piece states 'it's unclear who led' this round; reported participants (not confirmed as lead) include SoftBank Vision Fund 2, Nvidia, Accel, Jeff Bezos |
| Series E-6 | 2026-01-09 | $22.6B+13% | Undisclosed -- no tier-1 source (Bloomberg/Reuters/CNBC/TechCrunch/The Information) confirms this round's lead, amount, or even its occurrence; only secondary aggregators (Tracxn, valueaddvc.com) report it |
| Status | S-1 Not Filed |
|---|---|
| Timing | 2028 |
| Notes | CEO Aravind Srinivas: IPO planned for 2028 'regardless' of Anthropic's or OpenAI's listing timing -- consistent messaging since at least March 2025. |
| Source | CNBC, Jun 9 2026 |
These are cited news signals only, not a PrePost prediction — year/valuation forecasting is on the roadmap but not live yet.
Transparent, formula-based composite (not machine-learned) of five signals: raise velocity, round acceleration, secondary premium/discount vs. the last primary round, up-round streak, and freshness of the last known mark.