About Neon
Neon is a company based in San Francisco (United States) founded in 2022. It operates as a SaaS (Software-as-a-Service), and Pay-per-Use / Usage-Based. Neon has raised $25 million across 1 funding round from investors including M12, Abstract Ventures and General Catalyst. Neon offers products and services including Neon Serverless Postgres and Neon API.
- Headquarter San Francisco, United States
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$25 M (USD)
in 1 rounds
-
Latest Funding Round
$25 M (USD), Series B
Aug 07, 2024
-
Investors
M12
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Neon
Neon offers a comprehensive portfolio of products and services, including Neon Serverless Postgres and Neon API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Serverless Postgres platform for scalable application development.
API for managing databases at scale programmatically.
Unlock access to complete
Unlock access to complete
Unlock access to complete
Funding Insights of Neon
Neon has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series B round of $25 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $25.0M
-
First Round
First Round
(07 Aug 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - Neon | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neon
Neon has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include M12, Abstract Ventures and General Catalyst. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology startups are facilitated by M12.
|
Founded Year | Domain | Location | |
|
Early-stage startups are invested in by sector-agnostic VC firm.
|
Founded Year | Domain | Location | |
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Neon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Neon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neon Comparisons
Competitors of Neon
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Neon
When was Neon founded?
Neon was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Neon located?
Neon is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Neon a funded company?
Neon is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series B of $25M, raised on Aug 07, 2024.
What does Neon do?
Neon is established as a provider of serverless Postgres database solutions, focusing on scalable and reliable application development. The company operates within the technology sector, offering cloud-based database services with features like autoscaling, instant branching, and API-driven management. Solutions are tailored for serverless apps, multi-tenant architectures, and AI applications, ensuring high compatibility and performance with modern workflows.
What products or services does Neon offer?
Neon offers Neon Serverless Postgres and Neon API.
Who are Neon's investors?
Neon has 5 investors. Key investors include M12, Abstract Ventures, General Catalyst, Menlo Ventures, and Notable Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.