Neon Fund

Neon Fund is a Bengaluru-based venture capital firm established in 2018, specializing in early-stage investments in B2B SaaS startups. The firm focuses on companies developing enterprise software solutions, including developer tools, developer infrastructure, horizontal SaaS, and vertical SaaS products. Neon Fund aims to partner with ambitious founders to help them achieve $10 million in annual recurring revenue (ARR) within 3-5 years of investment.

The firm's investment strategy centers on providing substantial support to portfolio companies, including access to SaaS playbooks, assistance in building a strong brand presence, and facilitating customer introductions across India and the United States. Neon Fund also offers networking opportunities through events, roundtables, and dinners, and aims to provide 100 customer introductions to its portfolio companies in the first 2-3 years of partnership. Additionally, the firm assists in bringing on partners to help scale businesses further once the $10 million ARR milestone is reached.

Neon Fund's portfolio includes companies such as SpotDraft, Atomicwork, Gallabox, KNOW, Mantys, and Requestly. The firm is currently raising its third fund, targeting $30 million, and is registered as a Limited Partnership in Delaware, United States. Neon Fund invests between $100,000 and $500,000 in pre-seed and seed-stage B2B SaaS startups, with a focus on helping founders build $100 million ARR companies over the next decade.