FUNDING
Company Profile
Neo is an AI-native enterprise work platform from serial entrepreneur Bhavin Turakhia that unifies project management, documents, file storage, and an AI assistant to replace pre-AI-era productivity suites like Microsoft Office.
Founded 2026Bengaluru, India$30M raised
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Funding & Valuation History
from our coverage| Date | Event | Amount | Valuation | Source |
|---|---|---|---|---|
| Jul 20, 2026 | Neo Launches With $100M to Secure Agentic AI Software | $100M launch round | — | Story → |
Neo FAQ
- How much has Neo raised?
- Neo has raised approximately $30M in total funding to date.
- Is Neo publicly traded?
- No. Neo is privately held.
Coverage Timeline
newest first- Jul 20, 2026FUNDINGNeo Launches With $100M to Secure Agentic AI Software$100M launch round→
- Jul 1, 2026FUNDINGIndian Tech Tycoon Bets $30M of His Own Money to Build an AI Alternative to Microsoft Office$30M self-funded→
- Jul 1, 2026AISerial Founder Bhavin Turakhia Bets $30M of His Own Money on an AI Alternative to Microsoft Office$30M self-funded→
All Coverage
FUNDING$100M launch round
Neo Launches With $100M to Secure Agentic AI Software
Three SentinelOne veterans launched Neo out of stealth with $100 million from a16z and Bessemer to secure the AI agents enterprises are now running against production systems.
FUNDING
Indian Tech Tycoon Bets $30M of His Own Money to Build an AI Alternative to Microsoft Office
FUNDING$30M self-funded
Indian Tech Tycoon Bets $30M of His Own Money to Build an AI Alternative to Microsoft Office
Serial entrepreneur Bhavin Turakhia is personally funding $30 million into Neo, an AI-native enterprise work platform combining project management, documents, file storage and AI, built from the ground up rather than retrofitted onto legacy software, TechCrunch reported July 1. Neo launched internally in April 2026, was built in three months using AI extensively during development, and now employs 45 people with plans to reach 100 by year-end.
AI
Serial Founder Bhavin Turakhia Bets $30M of His Own Money on an AI Alternative to Microsoft Office
AI$30M self-funded
Serial Founder Bhavin Turakhia Bets $30M of His Own Money on an AI Alternative to Microsoft Office
Indian serial entrepreneur Bhavin Turakhia is self-funding $30 million into Neo, a new enterprise software company betting that workplace productivity tools designed before the AI era need to be rebuilt from scratch rather than upgraded with bolted-on chatbots. Turakhia, who has previously co-founded Directi, Radix, Titan and banking software firm Zeta — largely bootstrapping each with his own capital before bringing in outside investors — told TechCrunch he sees the AI shift as significant enough to justify a ground-up rebuild of office software.