Neon is no longer actively tracked. This page is preserved as an archive — visit fobi.com for current coverage.
Neon was an Operational Databases company founded in 2021 and based in San Francisco, United States. It was acquired by Databricks in 2025 for $1B.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 14, 2025 | Acquired | $1B | — | Databricks |
| Aug 7, 2024 | Growth | $25.6M | — | M12 |
| Aug 1, 2023 |
| Series B |
| $46M |
| — |
| Menlo Ventures |
| Jul 26, 2022 | Series A | $30M | — | General Catalyst |
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A fully managed Postgres platform that separates storage and compute, enabling scale-to-zero billing and instant autoscaling. Targets app developers and AI agent builders who need Postgres without managing infrastructure. Technically notable for its copy-on-write storage architecture, which makes database branching instantaneous regardless of database size and powers Git-like development workflows.
Instant, isolated database branches created from any point in history using copy-on-write mechanics, storing only delta changes to keep branches space-efficient. Designed for preview environments, CI/CD pipelines, and safe schema migrations. Branches auto-delete on completion and support inbound logical replication, making them suitable for production-mirroring test workflows.
3 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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