About Neon
Neon is a venture capital firm founded in 2018. It is primarily based out of Bengaluru, India. As of Oct 2026, Neon is an active investor, having invested in 70 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Seed round of CopperPilot Overall, Neon portfolio has seen 5 acquisitions including key companies like Zenduty, LOGIQ and Requestly. A lot of funds co-invest with Neon, with names like Angel List sharing a substantial percentage of its portfolio. Neon has team of 10 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Deals in last 12 months
Neon's List of Top Investments
Neon has a portfolio of 70 companies. Their most notable investments are in Highperformr and Echovane.Their portfolio spans across United States, India, Singapore and 1 more locations. They have invested in Enterprise Applications, High Tech, Retail and 20 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Neon:1. Spotdraft
AI-powered contract lifecycle management solution for companies. It streamlines the drafting, signing, and management of contracts for businesses. The platform offers a shared space to review, redline, and finalize contracts. It provides a repository that allows users to consolidate and store contracts. Its analytics feature provides insights into the contracting process and supports the decision making process.
Key facts about Spotdraft
- Founded Year: 2017
- Location: New York City (United States)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $113M
- Employee Count: 234 as on Feb 28, 2025
- Investors: Qualcomm Ventures, Premji Invest and 59 Others
- Latest Funding Round: Series B, Jan 27, 2026, $*****
- Highlight: Editors' Pick
2. Atomicwork
AI based platform to streamline the IT service management and employee experience processes. It offers AI solution for automating IT workflows and HR support and employee success. It enables employees by connecting them with the tools and teams. Its AI Assistant answers employee questions and service requests via chatbots integrated with collaboration tools including Slack and Microsoft Teams. Features include a conversational AI assistant, out of the box automation, customizable workflows, asset management, incident management, and employee self service.
Key facts about Atomicwork
- Founded Year: 2022
- Location: Palo Alto (United States)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $40.3M
- Employee Count: 147 as on Sep 30, 2026
- Investors: Storm Ventures, Peak XV Partners and 9 Others
- Latest Funding Round: Series A, Sep 17, 2025, $*****
- Highlight: Editors' Pick
Provider of predictive attack path intelligence and digital risk monitoring. This platform identifies and maps external attack surfaces to detect vulnerabilities, leaked credentials, and shadow assets. It utilizes graph-based analysis to connect security signals, allowing for the identification of exploitable paths within an infrastructure. The technology monitors the deep and dark web for data leaks, brand impersonation, and supply chain risks. Automated scanning tools assess mobile applications and cloud environments to uncover misconfigurations. By aggregating threat intelligence, the system assists in prioritizing remediation workflows to prevent unauthorized access to sensitive data.
Key facts about CloudSEK Research
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $42.7M
- Employee Count: 243 as on Sep 30, 2026
- Investors: Exfinity Venture Partners, Parampara Capital and 19 Others
- Latest Funding Round: Series B, Jan 13, 2026, $*****
- Highlight: Editors' Pick
4. Neemans
Online retailer of shoes for men and women of all types. The company provides sneakers, slip-ons, loafers, and sandals. Also available are oxfords, slides, clogs, flip-flops, and flats. The retailer offers shoes for casual, sports, outdoor, formal, and daily use.
Key facts about Neemans
- Founded Year: 2017
- Location: Hyderabad (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $19.4M
- Employee Count: 171 as on Jul 31, 2025
- Investors: Sixth Sense Ventures, Enam Holdings and 43 Others
- Latest Funding Round: Series B, Dec 29, 2025, $*****
- Highlight: Editors' Pick
5. RapidClaims
Provider of AI-powered platform for revenue cycle management and intelligence. The platform offers tools for medical coding, denial prevention, and revenue recovery. It transforms data into actionable insights for financial performance and value-based care. The platform also provides features for documentation enhancement and payer performance optimization.
Key facts about RapidClaims
- Founded Year: 2023
- Location: Manhattan (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $11.1M
- Employee Count: 114 as on Sep 30, 2026
- Investors: peercheque, Indian Silicon Valley Capital and 13 Others
- Latest Funding Round: Series A, Apr 02, 2025, $*****
- Highlight: Editors' Pick
Neon's Year-on-Year Investment Trends
Neon has invested in 70 companies over the last 6 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Oct 2026, it has made 7 investments in this year. Its most recent first time investment was in CopperPilot and most recent follow-on round was in WizCommerce.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
2025 | 2 | 2 | 4 |
2024 | 7 | 2 | 9 |
2023 | 10 | 0 | 10 |
2022 | 6 | 0 | 6 |
2021 | 5 | 0 | 5 |
2020 | 2 | 0 | 2 |
Neon's Investments by Stage
Neon has made 31 investments in Seed stage with an average round size of $2.52M and 6 investments in Series A stage with an average round size of $11.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 6 |
Note: We have considered here, only first round of investments
Neon's Investments by Sector
Neon has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Artificial Intelligence - Industry Applications, Enterprise Infrastructure and Vertical SaaS. Notably, it has invested in 69 Tech companies, 62 Enterprise (B2B) companies, 55 Software companies and at least 41 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 35 |
High Tech | 11 |
Artificial Intelligence - Industry Applications | 8 |
Enterprise Infrastructure | 8 |
Vertical SaaS | 6 |
Others | 19 |
Note: We have considered here, only first round of investments
Neon's Investments by Geography
Neon has made most investments in United States (22), followed by India where it has made 17 investments.Country | No. of Investments |
|---|---|
United States | 22 |
India | 17 |
Singapore | 3 |
Note: We have considered here, only first round of investments
Neon's recent investments
Neon has made 7 investments in 2026 so far. CopperPilot and Chariotclaims are the latest among them.Here are the most recent investments by Neon:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 27, 2026 | United States | Seed | 8686 | - | |
Oct 15, 2026 | - | Series A | 8386 | [+8] | |
Sep 16, 2026 | United States | Series A | 2544 | [+5] | |
Sep 01, 2026 | United States | Seed | 9125 | [+1] | |
Jul 07, 2026 | United States | Seed | 5774 |
Acquired companies in Neon's Portfolio
5 companies from Neon's portfolio have been acquired. The most recent acquisition was Requestly in May 2025 by BrowserStack for $*****.Here are Neon's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 06, 2025 | Mar 01, 2023 | Seed | 9530 | |
Feb 27, 2025 | Oct 26, 2021 | Seed | 7271 | |
Oct 12, 2023 | - | - | 9671 | |
Aug 16, 2023 | - | - | 5845 | |
Aug 02, 2023 | - | - | 3123 |
Team profile of Neon
Neon has a team of 10 members including 3 Partners and 1 Principal located in India, United Arab Emirates and 1 more location. Neon's team does not sit on the board of any company as of now.Here is a list of all team members in Neon:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bengaluru | - | ||
Partner | Mumbai | - | ||
Partner | Singapore | - | - | |
Principal | Abu Dhabi | - | - |
Co-investors of Neon
Over the past 6 years, 440 investors have co-invested in Neon's portfolio companies. This includes funds and angels.
- Invested before Neon: Girish Mathrubootham, Techstars and 139 others have invested in rounds before Neon. There are 2 companies where Girish Mathrubootham has invested before Neon and 2 companies where Techstars has invested before Neon.
- Top Co-investors of Neon: 225 investors entered a company along with Neon. These include investors like Angel List (7 companies).
- Invested after Neon: A total of 74 investors have invested in Neon's portfolio after their investments. Top Investors include Peak XV Partners (2 companies), Blume Venture (1 company) and Google for Startups (1 company).
Recent News related to Neon
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Guickly Raises $4.2M in Seed Funding Led by Engineering Capital for AI Measurement LayerThe SaaS News•Sep 02, 2026•Guickly, Engineering Capital, Neon, Converge and 1 other
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Echovane Secures $1 Million in Funding for AI-Powered Market Research Servicesintelligence360•Aug 11, 2026•Echovane, Titan Capital, Neon, Procter & Gamble and 8 others
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Fintech Startup Mysa Raises $3.4M Co-led by Blume Ventures and Piper SericaIndianWeb2•Jan 27, 2026•IIMA Ventures, Piper Serica, Neon, Mysa and 4 others
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CloudSEK secures $10M investment from US state fund, a first for Indian cybersecurity firmsMint•Jan 13, 2026•CloudSEK Research, Connecticut Innovations, Tenacity Ventures, Neon and 7 others
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Game State Labs Secures $2 Mn Seed Funding Led by PeerCapital and Neon FundEntrackr•Nov 06, 2025•Game State Labs, Neon, PeerCapital
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CloudSEK, a cybersecurity startup, secures $19 million in fundingYourStory•May 21, 2025•CloudSEK Research, MassMutual Ventures, Inflexor, Prana Ventures and 5 others
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CloudSEK Raises $19M to Advance Predictive Cybersecurity and Expand Globally
TechStory•May 21, 2025•CloudSEK Research, MassMutual Ventures, Inflexor, Prana Ventures and 5 others
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Astra Security Raises Funding to Simplify Cybersecurity With AI-Driven Pentestingintelligence360•Feb 21, 2025•Astra, Emergent Ventures, Neon, Better Capital and 2 others
