Neo

Neo is a venture capital firm based in San Francisco, California, specializing in early-stage technology investments. The firm focuses on sectors such as software, finance, internet, and venture capital, with a geographical reach that includes the United States, United Kingdom, Canada, and Israel. Neo partners with ambitious founders to create technology-driven businesses poised to disrupt industries, emphasizing founder-market fit and providing operational guidance, capital, and mentorship to help startups scale efficiently and sustainably. Neo's investment stages encompass Pre-Seed, Seed, and Series A, with investment sizes ranging from $100,000 to $10 million. The firm's portfolio includes companies like GoodVision, GemmaCert, Precious Payload, TestCard, EnduroSat, and CarbonCure Technologies. Neo was founded in 2017 by Ali Partovi, known for early investments in Facebook, Airbnb, and Dropbox. The firm debuted with an $80 million fund in 2018, raised $130 million for its second fund in 2021, and $235 million in 2023. Its fourth fund raised $320 million. Neo also offers programs like the Neo Scholars Program, a fellowship designed for college students, and the Neo Accelerator, providing funding and mentorship to early-stage startups. The firm has over $1 billion in assets under management and continues to support innovative technology companies globally.