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Company Snapshot
Neo is a Enterprise SaaS company, based in Bengaluru, India, founded 2026 by Bhavin Turakhia. Total funding $30M (As of Jul 1, 2026).
Recent changes
- Jul 20, 2026Jul 20, 2026Raised $100M Series A Calcalistech
- Jul 20, 2026Jul 20, 2026New investor: Craft Ventures Calcalistech
- Jul 20, 2026Jul 20, 2026New investor: Bessemer Venture Partners Calcalistech
- Jul 20, 2026Jul 20, 2026New investor: Andreessen Horowitz Calcalistech
- Jul 20, 2026Jul 20, 2026Neo Launches With $100M to Secure Agentic AI Software Pulse story
Earlier changes (1)
- Jul 1, 2026Jul 1, 2026First reported total funding: $30M TechCrunch
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 20, 2026 | Series A | $100M | — | Andreessen HorowitzLeadunverifiedBessemer Venture PartnersLeadunverifiedCraft VenturesunverifiedMerlin Ventures | Calcalistech |
Investors
Latest Pulse
- Jul 20, 2026Neo Launches With $100M to Secure Agentic AI SoftwareThree 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.→
- Jul 1, 2026Indian Tech Tycoon Bets $30M of His Own Money to Build an AI Alternative to Microsoft OfficeSerial 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.→
- Jul 1, 2026Serial Founder Bhavin Turakhia Bets $30M of His Own Money on an AI Alternative to Microsoft OfficeIndian 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.→
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.
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.
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.
Related Companies
Shared investors
Neo FAQ
How much has Neo raised?
Neo has raised $30M in total funding (As of Jul 1, 2026, TechCrunch).
Who are Neo's investors?
Neo's investors include Andreessen Horowitz, Bessemer Venture Partners, Craft Ventures (As of Jul 1, 2026).
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet1 fact
- CalcalistechValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.