product update
Perplexity open-sources SPACE sandbox
Open-sourced SPACE, an agent-task sandbox used by Perplexity Computer, under Apache 2.0 on October 15.
Vertical + Enterprise · Private company · Deployment
Perplexity
✓ VerifiedPerplexity has become one of the strongest AI-native search and research products by turning web-grounded answers into a consumer habit, then expanding that behavior into deeper research and API surfaces.
San Francisco, USFounded 2022API accessDaily review target
Editorial intelligence brief
Editorial focus
Open-sourced SPACE, the sandbox platform used by Perplexity Computer, under Apache 2.0 on October 15, 2026.
Focus: AI-native answer engine, research assistant, and API platform for web-grounded search
Latest funding
$500M
Funding round (reported) · source-backed
Tracked funding
$675M
Sum of itemized funding events
Latest valuation
Not tracked
No source-backed record
Latest revenue
Not tracked
Deployment lifecycle position
Editorially verified updates
What changed
External coverage of Perplexity
Selected by relevance, date and publisher; grouped by story. External reporting is not independently verified by the map. Article dates are publisher timestamps supplied by the discovery feed; quieter profiles may show coverage up to 90 days old.
Last checked Oct 18, 2026.
SiliconANGLE · Reporting
Oct 16, 2026
Tom's Hardware · Reporting
Sep 15, 2026
VentureBeat · Reporting
Sep 1, 2026
Source-backed financial history
Funding and financial history
Funding, valuation, revenue, and debt are kept separate so unlike measurements are never presented as one trend.
Records
6
Sum of recorded funding
$675M
Coverage
partial
Partial history: earlier or intervening rounds may be missing. The sum covers only the announcements recorded here, not lifetime funding. Announced commitments may be paid over time; this is not a cash balance. Dates show announcements or first public reports, which can follow the investment itself.
Recorded funding over time
Mar 2023 – Dec 2024
Lines connect recorded announcements; they do not estimate funding between rounds. Dates reflect announcements or first public reports. Same-day disclosures share a chart marker.
#1
Series A · $25.6M
Running tracked total: $25.6M
#2
Earlier seed round (reported) · $3.1M
Running tracked total: $28.7M
#3
Series B · $73.6M
Running tracked total: $102.3M
#4
Series B1 · $62.7M
Running tracked total: $165M
#5
Strategic investment · $10M
Running tracked total: $175M
#6
Funding round (reported) · $500M
Running tracked total: $675M
Sources and details for every recorded funding announcement, newest first.
Funding round (reported) · $500M
$500M round reported closed at a $9B valuation; dated to Bloomberg's public report.
Strategic investment · $10M
$10M strategic equity investment by SK Telecom announced by SKT; the release says Perplexity also agreed to invest in SKT's Global AI Platform Corporation.
Series B1 · $62.7M
$62.7M Series B1.
Series B · $73.6M
$73.6M Series B led by IVP; the company said this brought total funds raised to $100M.
Earlier seed round (reported) · $3.1M
Perplexity's March 28, 2023 Series A announcement first publicly disclosed the earlier $3.1M seed round, which closed in September 2022 and was led by Elad Gil and Nat Friedman.
Series A · $25.6M
$25.6M Series A led by Peter Sonsini of New Enterprise Associates, with Databricks Ventures and existing angel investors participating.
Product surface
Products and model families
Recent models
SonarPerplexity Deep Research
Products
Perplexity SearchAdvanced Deep ResearchPerplexity ComputerCometPerplexity APISPACE agent sandbox (Apache 2.0)
Open weights
No
API access
Yes
Review target
Daily
Market position
Lifecycle and strategic signals
Research
Preview
Growth
Deployment
Deployment: Production & at scale
Focus
AI-native answer engine, research assistant, and API platform for web-grounded search
Signals
SearchResearch assistantAPI platform
Taxonomy
Frontier LabsDeveloper toolsVertical + EnterpriseResearch
Competitive context
OpenAIGoogle DeepMindGlean
Infrastructure & distribution
Where Perplexity sits in the AI stack
01
Model layer
2 tracked model families
02
Access layer
Managed API
03
Market layer
Vertical + Enterprise
Public product surface
Perplexity SearchAdvanced Deep ResearchPerplexity ComputerCometPerplexity APISPACE agent sandbox (Apache 2.0)
Stack signals
Developer toolsEnterpriseResearchSearchResearch assistantAPI platform
This section reflects publicly visible product and access signals. Undisclosed GPU, cloud, training, and data-center contracts are not inferred.
Evidence trail
Sources and corrections
Primary and public sources used to verify the structured company profile.
The Staticbreaker
Get the signal behind the week's AI changes.
The Staticbreaker turns launches, category shifts, and market noise into a concise editorial briefing.