Founded less than two years ago, Perplexity has become a many-times-a-day-use product for me, replacing many of my Google searches—and I’m not alone. With fewer than 50 employees, the company has a user base that’s grown to tens of millions. They’re also generating over $20 million ARR and taking on both Google and OpenAI in the battle for the future of search. Their recent fundraise of $63m values the company at more than $1 billion, and their investors include Nvidia, Jeff Bezos, Andrej Karpathy, Garry Tan, Dylan Field, Elad Gil, Nat Friedman, Daniel Gross, and Naval Ravikant.