Perplexity Launches $ 50m Seed and Pre-Seed VC Fund
Perplexity, The Developer of An AI-Powered Search Engine, is Raising A $ 50 Million Seed and Pre-Seed Investment Fund,
Perplexity Launches $ 50m Seed and Pre-Seed VC Fund
Perplexity, The Developer of An AI-Powered Search Engine, is Raising A $ 50 Million Seed and Pre-Seed Investment Fund, CNBC Reported. Although the Majority of the Capital is Coming from Limited Partners, Perplexity is Using Some of the Capital it Raised for the Company’s Growth to Anchor the Fund. Perplexity has reportedly raised $ 500 Million at A $ 9 Billion Valuation in December.
Perplexity’s Fund is Managed by General Partners Kelly Grazadei and Joanna Lee Shevelenko, Who in 2018 Co-Found an Early-Stage Venture Firm, F7 Ventures, According To PitchBook Data. F7 Has Invested in Startups Like Women’s Health Company midi. Its not clear if grazadei and Shevlenko Will Continue to Run F7 Or if they will focus all the perplexitiy’s venture fund.
OpenAI Also Manages an Investment Fundn as the OpenAI Startup Fund. Howver, Unlike Perplexity, OpenAI Claims it does not use it.
