6 free months of Perplexity from our rewards marketplace 👀

Rewards to help founders maximize business impact

Author

Michael Morgenstern
January 30, 2024

Happy Tuesday Brex community,

We're continuously seeking new partners to enhance our reward marketplace offerings for customers. Perplexity AI, an AI-powered search engine recently valued at $520M off the back of a $73.6M raise, is a prime example. For Brex users, we're pleased to offer 6 months free access to Perplexity AI Pro. If you have ideas for additional founder-friendly offerings, we encourage you to reach out and share your thoughts with us! What tools help you do your most effective work?

If you just closed a VC round and interested in becoming a new Brex client, we have an offer of $1K cash back if you sign up by month end, email [email protected]

Growing together, Michael Morgenstern

Upcoming Events:

Startup of the Week 🤩 

Perplexity AI is the world's first conversational answer engine and research companion. With a recent funding of $74M, Perplexity AI is pioneering an AI-native approach to search, offering users a more intuitive and interactive experience. By leveraging advanced AI, they aim to deliver precise, context-aware search results, setting a new benchmark in the industry. This innovation is not just about searching; it's about fundamentally changing how we find and interact with information online.

Ambassador’s perspective: They are making waves as a formidable challenger in the search engine market, traditionally dominated by giants like Google and Microsoft Bing. The $74M investment in Perplexity AI underscores investor confidence in its potential to disrupt the established search engine market. Its valuation at $520M reflects both the market's appetite for AI-driven solutions that have seen incredibly fast distribution (10M MAU) and the high expectations for Perplexity AI's impact on search technology and user experience. I’m a daily user, are you?

Emerging Manager Spotlight 🤩 

Evan Nisselson General Partner at LDV Capital

LDV Capital announced its fourth fund with $31M to continue investing in brilliant entrepreneurs along the same thesis that has not changed since founding LDV Capital in 2012.

Their thesis is that the majority of data our brains analyze is visual so the majority of data that AI will analyze will be visual as well. Visual data and visual technologies are critical for the success of artificial intelligence horizontally across all sectors.

They partner with deep tech teams at the earliest stages of businesses, working across all sectors and leveraging visual technologies and artificial intelligence to analyze visual data.

The team is hosting 10th Annual LDV Vision Summit on March 21, 2024

Connect with us

The financial stack that scales with you. ðŸ¤© Trusted by 1 in 4 US startups, Brex allows you to manage your spend from MVP to IPO. Interested? Sign up here using the referral code NEWSLETTER and get 30,000 bonus points, $5K AWS credits, $2.5K OpenAI credits and up to $150K in SaaS discounts.

Don’t hesitate to reach out,🦾!

Startups Team @ Brex