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Kagi vs Perplexity AI

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Perplexity AI is valued at $24B — more than 3x Kagi's N/A.

Head-to-Head Verdict

Perplexity AI leads on 3 of 4 metrics

Kagi

1 win

-Funding
-Awaira Score
-Team Size
+Experience

Perplexity AI

3 wins

+Funding
+Awaira Score
+Team Size
-Experience

Key Numbers

Valuation
N/A
$24B
Total Funding
$7M
$1.5B
Awaira Score
55/100
86/100
Employees
45
100
Founded
2018
2022
Stage
Bootstrapped
Series E
KagiPerplexity AI
Kagi logo
Kagi

🇺🇸 United States · Vladimir Prelovac

BootstrappedAI SearchEst. 2018

Valuation

N/A

Total Funding

$7M

Awaira Score55/100

45 employees

Full Kagi Profile →
Winner
Perplexity AI logo
Perplexity AI

🇺🇸 United States · Aravind Srinivas

Series EAI SearchEst. 2022

Valuation

$24B

Total Funding

$1.5B

Awaira Score86/100

100 employees

Full Perplexity AI Profile →
Market Context

Kagi and Perplexity AI are both AI Search companies based in United States, making this a direct domestic rivalry. The stage gap — Kagi at Bootstrapped vs Perplexity AI at Series E — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

The AI Search sector features both Kagi and Perplexity AI as key players. Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States. Perplexity AI is an AI search engine founded in 2022 that uses large language models to provide conversational answers to user queries.

Funding & Valuation

Perplexity AI carries a disclosed valuation of $24B, while Kagi remains privately valued. With $1.5B raised, Perplexity AI has attracted substantially more capital than Kagi ($7M).

Growth Stage

Kagi was founded in 2018, 4 years before Perplexity AI arrived in 2022. Kagi is at Bootstrapped while Perplexity AI stands at Series E, indicating different levels of maturity and investor risk. On headcount, Kagi reports 45 employees and Perplexity AI reports 100.

Geography & Outlook

Headquartered in 🇺🇸 United States, both Kagi and Perplexity AI draw from the same local ecosystem of talent and capital. A 31-point gap on the Awaira Score (Perplexity AI: 86, Kagi: 55) signals a clear difference in overall company strength. Kagi, led by Vladimir Prelovac, and Perplexity AI, led by Aravind Srinivas, each bring distinct leadership visions to the AI sector.

Funding Velocity

Kagi

Total Rounds1
Avg. Round Size$7M

Perplexity AI

Total Rounds5
Avg. Round Size$170.5M
Funding Span1.9 yrs

Funding History

Kagi has completed 1 funding round, while Perplexity AI has gone through 5. Kagi's most recent round was a Seed of $7M, compared to Perplexity AI's Series D ($500M). Kagi is at Bootstrapped while Perplexity AI is at Series E — different points in their growth trajectory.

Team & Scale

Perplexity AI has the bigger team at roughly 100 people — 2x the size of Kagi's 45. Kagi has a 4-year head start, founded in 2018 vs Perplexity AI's 2022. Both are based in United States.

Metrics Comparison

MetricKagiPerplexity AI
💰Valuation
N/A
$24B
📈Total Funding
$7M
$1.5BWINS
📅Founded
2018
2022WINS
🚀Stage
Bootstrapped
Series E
👥Employees
45
100
🌍Country
United States
United States
🏷️Category
AI Search
AI Search
Awaira Score
55
86WINS

Key Differences

📈

Funding gap: Perplexity AI has raised $1.5B more ($1.5B vs $7M)

📅

Market experience: Kagi has 4 years more (founded 2018 vs 2022)

🚀

Growth stage: Kagi is at Bootstrapped vs Perplexity AI at Series E

👥

Team size: Kagi has 45 employees vs Perplexity AI's 100

⚔️

Direct competitors: Both operate in the AI Search market segment

Awaira Score: Perplexity AI scores 86/100 vs Kagi's 55/100

Which Should You Choose?

Use these signals to make the right call

Kagi logo

Choose Kagi if…

  • More market experience — founded in 2018
  • Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States
Perplexity AI logo

Choose Perplexity AI if…

Top Pick
  • Higher Awaira Score — 86/100 vs 55/100
  • More established by valuation ($24B)
  • Stronger investor backing — raised $1.5B
  • Perplexity AI is an AI search engine founded in 2022 that uses large language models to provide conversational answers to user queries

Funding History

Kagi raised $7M across 1 round. Perplexity AI raised $1.5B across 5 rounds.

Kagi

Seed

Jun 2018

$7M

Perplexity AI

Series D

Aug 2024

$500M

Series C

Mar 2024

$250M

Series B

Oct 2023

Lead: Sequoia Capital

$73M

Series A

Jun 2023

Lead: IVP

$26.5M

Seed

Sep 2022

$3M

Investor Comparison

No shared investors detected between these two companies.

Unique to Perplexity AI

Institutional Venture PartnersSequoia CapitalBenchmarkNvidiaIVPIntel Capital

Users Also Compare

FAQ — Kagi vs Perplexity AI

Is Kagi bigger than Perplexity AI?
Perplexity AI has a disclosed valuation of $24B, while Kagi's valuation is not publicly available, making a direct size comparison difficult. Perplexity AI employs 100 people.
Which company raised more funding — Kagi or Perplexity AI?
Perplexity AI has raised more in total funding at $1.5B, compared to Kagi's $7M — a gap of $1.5B. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Perplexity AI leads with an Awaira Score of 86/100, while Kagi sits at 55/100. That 31-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Kagi vs Perplexity AI?
Kagi was founded by Vladimir Prelovac in 2018. Perplexity AI was founded by Aravind Srinivas in 2022. Visit each company's profile on Awaira for a full founder biography.
What does Kagi do vs Perplexity AI?
Kagi: Kagi is a privacy-focused search engine founded in 2018 and headquartered in the United States. The company operates as a bootstrapped venture with $7M in total funding and has not disclosed its valuation. Kagi positions itself as an alternative to Google and other ad-supported search engines by offering a subscription-based model that prioritizes user privacy and data protection. The platform uses its own search index alongside licensed results from multiple sources, reducing dependence on any single provider. Core features include customizable search results, the ability to block or prioritize specific websites, and tools designed for productivity and research workflows. Kagi targets users concerned about privacy, data harvesting, and algorithmic bias inherent in advertising-driven search models. The company emphasizes transparent business practices where revenue comes directly from users rather than advertisers tracking search behavior. Its competitive positioning centers on privacy guarantees, result quality, and user control over search experience customization. Kagi has attracted a growing community of privacy-conscious users and technology professionals. The company operates independently without venture capital backing, allowing autonomous decision-making regarding product direction. Growth trajectory reflects increasing demand for privacy-respecting alternatives to mainstream search engines, though market penetration remains limited compared to dominant competitors. Kagi's subscription-based model with privacy-first design directly challenges the ad-supported search framework by eliminating tracking and user data monetization. Perplexity AI: Perplexity AI is an AI search engine founded in 2022 that uses large language models to provide conversational answers to user queries. The platform combines retrieval-augmented generation with real-time web search capabilities, enabling users to ask complex questions and receive cited, sourced responses. Unlike traditional search engines, Perplexity generates natural language summaries with inline citations rather than returning ranked links. The company offers both free and premium subscription tiers, with the premium service providing additional features and faster response times. Perplexity competes directly with OpenAI's ChatGPT, Google's AI Overviews, and other generative search solutions. The company has raised $1.5 billion in total funding across multiple rounds, reaching a $21 billion valuation at Series E stage. Key technological differentiators include its focus on source attribution and real-time information retrieval, addressing transparency concerns in AI-generated responses. The platform serves individual users and enterprise clients seeking alternative search interfaces. Perplexity has gained significant traction in the AI search category, establishing itself as a notable competitor in the evolving landscape of AI-powered information retrieval. The company continues expanding its capabilities and market presence within the rapidly developing generative AI sector. Perplexity distinguishes itself through its emphasis on cited, verifiable sources in AI-generated search responses, directly addressing hallucination and attribution concerns.
Which company was founded first?
Kagi got there first, launching in 2018 — that's 4 years of extra runway. Perplexity AI didn't arrive until 2022. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Kagi has about 45 employees; Perplexity AI has about 100. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Kagi and Perplexity AI competitors?
Yes — they're direct rivals. Both Kagi and Perplexity AI compete in AI Search, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Perplexity AI has a clear lead here — Awaira Score of 86 vs Kagi's 55. The difference comes down to funding depth and strategic focus.

Who Should You Watch?

Perplexity AI is in the stronger position — better score and deeper pockets. But Kagi has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive