Perplexity CEO said Perplexity has recently surpassed $100 million in annualized revenue, a remarkable milestone that notably excludes any income from free trials—whether for consumers, enterprises, or API users.

It took them just 20 months to reach this point since the launch of Perplexity Pro in 2023. This rapid ascent highlights the strength of our business model and the growing demand for high-quality, AI-powered information services.

Looking back, Perplexity achieved an impressive 6.3x year-over-year growth, a testament to the product’s strong market appeal. Starting with a subscription model tailored for professional users, they’ve steadily refined the user experience by introducing features like real-time data analysis and personalized recommendations.