Neon Raises $104M in Series C

Neon has successfully raised $104M in a Series C at a $750M valuation led by Menlo Ventures, Notable Capital.

Company Overview

Neon is a Data company headquartered in San Francisco, CA, founded in 2021 with 80+ employees.

Serverless Postgres database for modern applications

Fundraising Details

Amount Raised: $104M
Round Type: Series C
Valuation: $750M
Date: 2025-10-12
Investors: Menlo Ventures, Notable Capital

About Neon

Serverless Postgres database for modern applications The company is positioned in the Data sector, serving a growing market with innovative solutions.

Key Information

Headquarters: San Francisco, CA
Founded: 2021
Team Size: 80+
Industry: Data

What This Means

This funding round demonstrates strong investor confidence in Neon's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Data sector continues to attract significant investment as companies innovate to meet evolving market demands. Neon's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $750M valuation marks an important milestone for Neon, positioning the company among notable players in the Data industry.

Looking Ahead

With this new capital, Neon is well-positioned to execute on its growth strategy and continue building innovative solutions in the Data space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-12. For more information about Neon, visit their headquarters at San Francisco, CA.

Neon