When was NEER founded?

NEER was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is NEER located?

NEER is headquartered in Kansas City, United States.

How many employees does NEER have?

As of Sep 30, 2026, the latest employee count at NEER is 27.

Is NEER a funded company?

NEER is a funded company, having raised a total of $100K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 22, 2020.

When was the latest funding round of NEER?

NEER's latest funding was a $***** Grant (prize money) round on Oct 28, 2020, with participation from 1 investor.

Where does NEER rank among its competitors?

NEER ranks 6th amongst 55 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Ziptility, which secured $622K in Dec, 2023.

Who are the top competitors of NEER?

NEER's top competitors include Fracta, Idrica and MRMS. Among them, Ziptility secured the most recent funding round in December, 2023.

NEER - 2026 Company Profile, Team, Funding & Competitors

Company Details

NEER is a comprehensive integrated real-time water management platform. It uses Artificial Intelligence, specifically Machine Learning, to model and assesses the risk condition of drinking water distribution mains, sewer and stormwater collection systems.

Website: www.neer.ai/
Social
Email ID: *****@neer.ai

Key Metrics

Founded Year

2020

Location

Kansas City, United States

Stage

Seed

Total Funding

$100K in 2 rounds

Latest Funding Round

Grant (prize money), Oct 28, 2020, $*****

Investors

Gener8tor & 6 more

Ranked

6^th among 55 active competitors

Employee Count

27 as on Sep 30, 2026

Similar Companies

Fracta & 53 more

View NEER's full profile

NEER has raised a total funding of $100K over 2 rounds. Its first funding round was on Jun 22, 2020. Its latest funding round was a Grant (prize money) round on Oct 28, 2020 for $*****. 1 investor participated in its latest round. NEER has 7 institutional investors.

Here is the list of recent funding rounds of NEER:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2020	5797001	Grant (prize money)	4631090	5790927	9160176	7640941
Jun 22, 2020	8902461	Seed	3301987	8129097	Gener8tor	1894411

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View details of NEER's funding rounds and investors

The founders of NEER is Elango Thevar.

Here are the details of NEER's key team members:

Elango Thevar: Founder & CEO of NEER and founder of 1 other company.
Contact Info: 1 email address

View details of NEER's Founder profiles and Board Members

NEER's employee count trend

NEER has 27 employees as of Sep 26. Here is NEER's employee count trend over the years:

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Top competitors of NEER include Fracta, Idrica and MRMS. Here is the list of Top 10 competitors of NEER, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fracta 2013, San Francisco (United States), Acquired	Provider of a SaaS platform to assess water conditions for utilities	$37M	Kurita, Polaris Partners & 1 others	49/100
2nd	Idrica 2018, Valencia (Spain), Acquired	Developer of software platforms for managing water cycle utility operations	-	-	38/100
3rd	MRMS 2021, Bradford (United Kingdom), Unfunded	Provider of drainage utility maintenance services and asset management software	-	-	37/100
4th	Ziptility 2018, Bloomington (United States), Seed	Provider of water and wastewater management platforms	$872K	IU, For Good Ventures & 3 others	35/100
5th	Innovyze 1996, Broomfield (United States), Acquired	SaaS solutions for wet infrastructure business analytics	-	-	35/100
6th	NEER 2020, Kansas City (United States), Seed	Offering solutions for water infrastructure modeling and asset management	$100K	SaaS Ventures, Elemental & 5 others	33/100
7th	Aqua Data 1987, Vaudreuil Dorion (Canada), Funding Raised	Provider of asset management solutions for water distribution and sewer networks	-	EIC Fund, Europa	33/100
8th	MentorAPM 2017, Phoenix (United States), Seed	Provider of asset management software for water and wastewater utilities	-	Emerald Technology Ventures	29/100
9th	Smart Bhujal 2024, Hyderabad (India), Unfunded	Provider of water management solutions including hardware, software, and related services	-	-	25/100
10th	Hawle Service 2014, Austria, Public	Provider of maintenance services and equipment for water supply infrastructure	-	-	24/100