Neon — open-source database company

Industry/Technology: CloudTech, data analytics, IT and programming, technologies

Region – North America

Founded: 2021

Technology: Open-Source, Data Analytics

Industry: CloudTech, IT

Problem solving

Neon’s serverless architecture separates storage and compute, boosting scalability and simplifying database management. It enables faster application development and helps teams streamline workflows.

Value

  • Easy. Serverless consumption model
  • Reliable. High availability and high durability guarantees
  • Cost Efficient. Best price-performance Postgres service

Achievements

  • $25M strategic investment led by M12 - Microsoft’s Venture Fund (2024)
  • Investment of $46 million (2023)
  • Participation at Percona Live, the biggest open source database conference (2022)
  • $30M Series A funding from angel investors (2022)

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