Perplexity AI Launches $50 Million Venture Fund for Early-Stage AI Startups
The fund will focus on U.S.-based pre-seed and seed AI companies, with Perplexity as an anchor investor alongside external partners.
Overview
- Perplexity AI is establishing a $50 million venture fund to invest in early-stage U.S.-based artificial intelligence startups.
- The fund will primarily draw capital from outside limited partners, with Perplexity contributing some of its own raised funds as an anchor investor.
- The fund will be managed by Kelly Graziadei and Joanna Lee Shevelenko, who previously co-founded the early-stage venture firm F7 Ventures.
- Perplexity recently raised $500 million in funding at a $9 billion valuation, with backers including SoftBank, Nvidia, and Jeff Bezos.
- The company aims to leverage its network of 80,000 developers and API users to identify promising startups for investment.