Fireflies Achieves $1 Billion Valuation, Teams Up With Perplexity to Enable Real-Time Web Search in Meetings

Fireflies Hits $1 Billion Valuation, Unveils AI-Powered Real-Time Web Search for Meetings Through Partnership with Perplexity

Fireflies.ai, the leading AI meeting platform trusted by employees at 75% of Fortune 500 companies, has achieved a significant milestone by surpassing a $1 billion valuation following its first tender offer. The company also announced a groundbreaking partnership with Perplexity to introduce “Talk to Fireflies,” a voice-activated, real-time web search feature that transforms how users interact during meetings. This innovation allows participants to access accurate, up-to-date information from the web without leaving their conversations, setting a new standard for productivity and collaboration.

What makes this achievement even more remarkable is Fireflies’ continued profitability since 2023—a rare feat in the AI startup landscape. Unlike many competitors that follow the “raise big, burn fast” playbook, Fireflies has sustained triple-digit year-over-year growth without raising primary capital since 2021. The tender offer provides liquidity to early team members who have been instrumental in building the company, reflecting Fireflies’ commitment to rewarding its core contributors.

“We wanted to recognize our earliest employees who’ve played a pivotal role in Fireflies’ journey,” said Krish Ramineni, CEO and co-founder of Fireflies.ai. “Reaching this valuation milestone while maintaining profitability validates our unconventional approach to building an AI company. Today marks not only a financial milestone but also the beginning of a transformative shift in how people experience meetings.”

A Fast-Growing Productivity Powerhouse

Over the past 18 months, Fireflies has quietly emerged as one of the fastest-growing productivity platforms globally, serving 20 million users across more than 500,000 organizations. Its user base has surged 8x, fueled by increasing demand for AI tools that streamline meetings, automate workflows, and unlock institutional knowledge. The platform’s ability to integrate seamlessly with major meeting solutions like Zoom, Google Meet, and Microsoft Teams has further solidified its position as an indispensable tool for businesses.

Introducing “Talk to Fireflies”: Your Interactive Meeting Companion

With today’s launch of “Talk to Fireflies,” the platform evolves into an interactive AI teammate that users can engage with via voice (“Hey Fireflies!”) or text (“/ff”) during meetings—in over 60 languages. Through its strategic partnership with Perplexity, Fireflies now offers real-time web search capabilities directly within meetings, enabling users to ask questions and receive instant answers sourced from the internet.

“At Perplexity, we’re focused on delivering accurate, real-time answers wherever decisions are being made,” said Dmitry Shevelenko, Chief Business Officer at Perplexity. “Meetings often lack immediate access to critical information, creating bottlenecks in decision-making. By integrating Perplexity’s search technology into Fireflies, we’re empowering workers to solve problems faster and more effectively.”

Unlike similar features that are restricted to paid tiers or specific platforms, “Talk to Fireflies” with Perplexity search is available to all users—including those on free plans—and works across Zoom, Google Meet, and Microsoft Teams. This inclusivity ensures that everyone, regardless of subscription level, can benefit from this powerful functionality.

For example, a late joiner can simply ask, “Hey Fireflies, what key decisions have been made so far?”, or a team can request industry insights by asking, “Hey Fireflies, what are the market growth projections for AI meeting agents?” This capability turns Fireflies into a virtual expert, providing actionable intelligence in real time.

Practical Use Cases for Every Meeting

The integration opens up a wide range of practical applications, including:

  • Industry Research During Strategic Planning:
    “Hey Fireflies, what are the latest market trends in online retail? Include your sources.”
  • Real-Time Regulatory Information:
    “Hey Fireflies, what are the current SEC reporting requirements for private companies?”
  • Competitive Landscape Analysis:
    “Hey Fireflies, who are the top three players in the contract management space?”
  • Technical Information for Decision-Making:
    “Hey Fireflies, what’s the difference between OAuth and SAML authentication?”

These capabilities ensure that teams stay informed and make data-driven decisions without interrupting the flow of their discussions.

Exclusive Offers for Customers

To celebrate the partnership, Fireflies and Perplexity are offering exclusive perks to their customers. Fireflies users on Pro and Business plans can sign up to receive one year of Perplexity Pro at no cost, while Enterprise customers can enjoy three months of Perplexity Enterprise Pro free. Similarly, Perplexity Pro customers can receive three months of Fireflies Business, and Perplexity Enterprise Pro customers can get three months of Fireflies Enterprise. These offers will be accessible through each platform’s respective user dashboards or email communications.

Redefining the Future of Meetings

As businesses increasingly rely on AI to enhance productivity, Fireflies continues to lead the charge with innovative solutions that address real-world challenges. By combining its robust meeting transcription and analysis capabilities with Perplexity’s cutting-edge web search technology, Fireflies is redefining the modern meeting experience.

This latest development underscores Fireflies’ mission to create smarter, more efficient workflows while fostering collaboration and informed decision-making. As the company celebrates its billion-dollar valuation and unveils these game-changing features, it cements its status as a trailblazer in the AI productivity space—proving that profitability, innovation, and scalability can go hand-in-hand.

About Fireflies.ai

Fireflies.ai helps millions of people unlock the knowledge buried inside conversations every day. Serving 20+ million people and 500,000+ organizations, Fireflies has processed over 2 billion meeting minutes with users at 75% of Fortune 500 companies. The platform provides enterprise-grade security with private storage options and never uses customer meeting data to train its AI models. Backed by Khosla Ventures and Canaan Partners, Fireflies.ai is a remote-first, global organization employing 100 people across 20+ countries. For more information, visit fireflies.ai.

About Perplexity

Perplexity is an AI-powered answer engine that draws from credible sources in real time to accurately answer questions with in-line citations, perform deep research, and more. Founded in 2022, the company’s mission is to serve the world’s curiosity by bridging the gap between traditional search engines and AI-driven interfaces. Each week, Perplexity answers more than 150 million questions globally. Perplexity is available in the app store and online at https://www.perplexity.com.

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