Perplexity's revenue jumps 50% in a month, crosses $450 million ARR: Report

AI startup Perplexity's revenue jumped by 50% in a month, with annual recurring revenue (ARR) crossing $450 million as of March, the Financial Times reported. The surge comes amid the startup's shift in focus towards AI agents and usage-based pricing. Founded in 2022, the Aravind Srinivas-led startup was valued at $20 billion in September 2025.