Perplexity AI vs Retool
Side-by-side equity comparison for employees weighing offers at Perplexity AI or Retool. Valuations, funding history, headcount growth, and secondary-market context.
| Perplexity AI | Retool | |
|---|---|---|
| Latest valuation | $5B | $3B |
| Latest round | Series B | Series C |
| Round date | — | December 2022 |
| Total raised | $500M | $445M |
| Founded | 2022 | 2017 |
| Headquarters | San Francisco, CA | San Francisco, CA |
| Employees | 1,482 | 443 |
| Employee YoY growth | -4% | -2% |
| Primary industry | Artificial Intelligence | Enterprise Software |
| Secondary-market price | — | — |
| Base-case equity multiple | 2x | 1x |
| Upside equity multiple | 2x | 2x |
| Lead investors | NEA, IVP | Sequoia Capital, Y Combinator |
| Status | private | private |
Overview
Perplexity AI builds an AI-powered search engine that provides cited, conversational answers to user queries in real time.
Retool is a low-code platform for building internal business tools, enabling developers to quickly create dashboards, admin panels, and CRUD applications.
Why we compare these
Perplexity AI and Retool both appear on Sara's List 2024 .
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.