Perplexity ARR hit $750M+ with valuation talks at $30B

Nelly announced reaching over €20M in Live ARR, doubling revenue in just nine months. The platform processes €750M+ in annual payment volume through 1.6M+ invoices for over 2,350 medical and dental practices, serving 6M+ patients. As a key player in revenue cycle management, they automate the financial journey of outpatient healthcare, reducing administration time and improving economies for practices.

Starlink generated $7.5B in revenue during the first half of 2026, including $4.3B in Q2 alone—a quarter-over-quarter growth of 32% compared to Q1 2026. This rapid growth trajectory suggests an annualized run rate reaching $15B if growth stabilizes, with potential ARR exceeding $20B by the end of the year. The expansion is driven by increasing adoption of Starlink's satellite internet services globally.

Owner, an AI-driven SaaS platform tailored for restaurants, has surpassed $100M in ARR thanks to its ability to streamline restaurant operations and significantly enhance online customer engagement. Notably, 83% of its new customers now initiate their journey directly through Owner's AI-powered tools, showcasing the relevance and effectiveness of their offering. Through innovations like automated SEO and CRO analysis for restaurant websites leveraging real-time order data, a Slack-based AI builder agent (Owen), and fast customer feedback response cycles, the company has rapidly scaled revenue. Moreover, it maintains efficiency by generating over $2M in ARR per sales representative. Driven by strong demand, the company is expanding its developer team to accelerate its go-to-market strategy.

Understudy Labs, a Y Combinator S26 company, announced achieving impressive 20% week-over-week growth in their annual recurring revenue (ARR). Understudy is an AI optimization platform that helps engineering teams optimize, route, and post-train LLM workloads to reduce costs and latency while improving response quality against custom evaluation benchmarks. Their innovative offerings allow customers to save more than 80% on inference costs. As customers consolidate spending to Understudy Labs for better cost-efficiency and results, the company continues to expand its market share rapidly.

Leena AI has achieved over $20M in annual recurring revenue (ARR) following a seven-year journey marked by two major pivots and a complete architectural rebuild in 2024 to focus on modular AI agents. The platform initially began as a horizontal chatbot builder but transitioned to a specialized agentic AI platform for automating HR and IT processes after observing customer usage trends. This pivot allowed the company to deflect 70% of enterprise support tickets and expand its clientele into diverse workflows including recruitment, accounts payable, and, soon, payroll. Over the past year, the company reported a threefold growth in ARR, driven by customer expansion and an emphasis on scalable AI solutions.