Neon (Acquisition)

Funding Details
Awarder
Inbox
Date Award
May 14, 2025
Vertical
Database Management
Funding URL
View Funding Page
Funding Amount:
$1,000,000,000

Company Info
Founding Year
2021
Traction
80% of the databases provisioned on Neon were created automatically by AI agents rather than by humans.
Founders
Nikita Shamgunov, Heikki Linnakangas, Stas Kelvich
Company Description
Neon is a software development company specializing in open-source cloud-native PostgreSQL database solutions.
Market
Cloud-based Database Solutions
Location
USA
Coinvestors
Microsoft’s venture arm M12, General Catalyst, Menlo Ventures, Notable Capital

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