Perplexity has partnered with Canary Data to embed professional-grade investment research directly into its answer engine and Perplexity Computer, allowing investors to query proprietary datasets, alternative data, and AI-powered analysis without leaving their existing workflow. The integration launches with a bring-your-own-license model, meaning clients connect their existing Canary subscriptions to Perplexity and access licensed data alongside live web sources in a single query.

What Data Does Canary Bring to Perplexity?

Canary Data combines dozens of proprietary datasets with alternative and traditional data sources to create a research platform designed for investment teams. The company builds datasets around undisclosed major business events, artificial intelligence disruption exposure, large language model recommendations, professional investor idea pitches, and thousands of web scrapers. These proprietary sources are then layered with alternative data including credit card transactions, web traffic, and app traffic, combined with traditional sources like SEC filings, insider trading activity, key performance indicators, earnings calls, and podcasts.

The key innovation is how Canary applies artificial intelligence to add context to each dataset, making raw information actionable for investors. Rather than presenting a single fixed output, Perplexity users can now choose the depth of analysis that fits their question. They can query underlying datasets directly, work with contextualized versions, or hand a question to Canary's AI agents and analysts for finished research.

How Does This Change Investment Research Workflows?

• Single Query Environment: Investors can now access proprietary investment data, alternative datasets, and live web sources in one workflow with full attribution, eliminating the need to switch between multiple tools and platforms.
• Flexible Analysis Depth: Users can choose whether they want raw data access, contextualized datasets, or finished analysis from Canary's AI analysts depending on the complexity of their research question.
• Seamless Integration: The partnership uses a bring-your-own-license model with no API configuration or separate credentialing required, making adoption straightforward for existing Canary clients.

The partnership addresses a fundamental challenge in investment research: access to data is no longer the limiting factor for most investment teams. Instead, the real constraint is knowing which signals matter and why they matter. A single executive departure might appear as noise in isolation, but when placed against hiring patterns, customer losses, and shifts in earnings call language, it becomes a coherent investment thesis.

"Perplexity is built on the foundation of accurate AI. Bringing Canary into Perplexity Computer allows professional public market investors to conduct world-class investment research at the same level as a great analyst, instead of just smart-sounding answers that are wrong or incomplete," stated Dmitry Shevelenko, Chief Business Officer at Perplexity.

Dmitry Shevelenko, Chief Business Officer at Perplexity

Who Benefits From This Integration?

Canary Data's client base includes many of the largest and most well-respected investment firms, law firms, allocators, and corporations in the world, spanning a wide range of investment strategies. The company was founded by a former longtime partner at Tiger Global and is backed by Tiger Global, Arena Holdings, and principals at leading investment firms. By embedding Canary's research capabilities into Perplexity, these professional investors gain access to institutional-grade analysis within a platform they may already use for broader research and information gathering.

"Canary's data, context, analysis and agents combine to create products that make every analyst significantly better at their job. We are thrilled to partner with Perplexity to bring our product into their ecosystem," said Joe O'Donnell, Founder and CEO of Canary Data.

Joe O'Donnell, Founder and CEO of Canary Data

The partnership reflects a broader trend in artificial intelligence: specialized tools are increasingly being integrated into general-purpose AI platforms to create more powerful, unified workflows. Rather than forcing users to juggle multiple applications, companies are embedding domain-specific expertise directly into platforms where professionals already spend their time. For investment teams, this means the barrier between curiosity-driven research and professional-grade analysis has effectively lowered, potentially democratizing access to insights once available only to analysts with direct access to premium research platforms.