Perplexity launches $50M seed and pre-seed VC fund

MT HANNACH
1 Min Read
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Perplexity, the developer of a search engine powered by AI, collects an investment fund of seeds of $ 50 million and pre-seriesReported CNBC. Although the majority of the capital comes from limited partners, Perplexity uses part of the capital it has raised for the growth of the company to anchor the fund. Perplexity would have increased $ 500 million an evaluation of $ 9 billion in December.

The Perplexity Fund is managed by the general partners Kelly Graziadei and Joanna Lee Shevelenko, which in 2018 co-founded a venture capital company, V7 V7According to Pitchbook data. F7 has invested in startups like Women’s Health Company Noon. It is not clear if Graziadei and Shevelenko will continue to execute F7 or if they will concentrate all their energies on the venture capital of Perplexitiy.

OPENAI also manages an investment fund known as OPENAI start funds. However, contrary to perplexity, Openai claims it does not use its own capital For these investments.

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