About Neon
Neon is a company based in San Francisco (United States) founded in 2022 was acquired by Databricks in May 2025. It operates as a SaaS (Software-as-a-Service) and Pay-per-Use / Usage-Based. Neon has raised $101.6 million across 3 funding rounds from investors including Databricks, Snowflake and Khosla Ventures. Neon offers products and services including Serverless Postgres, Database Autoscaling, and Branching. Neon operates in a competitive market with competitors including YugabyteDB, Supabase, Yellowbrick Data, Sqream and MySQL, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Neon, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$101.6 M (USD)
in 3 rounds
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Latest Funding Round
$25.6 M (USD), Series B
Aug 07, 2024
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Investors
Databricks
& 11 more
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Employee Count
Not available
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Acquired by
Databricks
(May 05, 2025)
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Products & Services of Neon
Neon offers a comprehensive portfolio of products and services, including Serverless Postgres, Database Autoscaling, and Branching.
Serverless Postgres is provided for scalable application development.
Autoscaling is offered to adjust database capacity dynamically.
Branching is enabled for isolated database development copies.
People of Neon
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Funding Insights of Neon
Neon has successfully raised a total of $101.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25.6 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.
Investors in Neon
Neon has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Databricks, Snowflake and Khosla Ventures.
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Investor details for Neon
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Investments & Acquisitions by Neon
Investment portfolio details for Neon
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Financial Statements - Neon
Detailed financials for Neon
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Neon Comparisons
Peer comparison for Neon
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Competitors of Neon
Neon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YugabyteDB, Supabase, Yellowbrick Data, Sqream and MySQL, among others.
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An open-source cloud-native database is provided for enterprise applications.
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Cloud based open-source application backend development platform
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Provider of MPP analytics and data warehouse solution for hybrid cloud
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GPU-accelerated SQL databases for big data analytics are provided.
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Open-source relational database solutions are provided since 1995.
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Provider of distributed relational databases
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Detailed competitors of Neon
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Latest news on Neon
Complete news archive for Neon
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Frequently Asked Questions about Neon
Neon was founded in 2022.
Neon is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Neon is a funded company, having raised a total of $101.6M across 3 funding rounds to date.
Neon is established as a provider of serverless Postgres, focusing on scalable and reliable database solutions for modern applications. Services are offered in the technology sector, particularly for developers building serverless apps, multi-TB databases, and AI applications. Features like autoscaling, instant branching, and point-in-time recovery are provided to enhance development workflows. Compatibility with various frameworks and tools is ensured, supporting diverse use cases such as database-per-tenant architectures and production-like environments for devtest scenarios.
Neon's top competitors include Supabase, YugabyteDB and Yellowbrick Data.
Neon offers Serverless Postgres, Database Autoscaling, and Branching.
Neon has 12 investors. Key investors include Databricks, Snowflake, Khosla Ventures, M12, and Abstract Ventures.