AcceleratorAI-firstby Neo (Ali Partovi)

Neo Accelerator

$750K at 0.75–5% — the lowest-dilution major deal — with Cursor, Linear and Cognition in the portfolio.

Invests

$750K

Takes

0.75–5%

Length

3 months (summer)

Where

San Francisco

The deal

$750,000 on an uncapped SAFE; dilution scales from 0.75% to 5% depending on the valuation of your next round (the lower the valuation, the lower Neo's stake).

Neo backs 12–20 technical founding teams per cohort, mostly straight out of elite CS programs or big-lab research teams. Mentors include founders of Figma, Cursor and Linear; the summer program runs in the Bay Area with a retreat in Oregon.

Invests: $750K
Takes: 0.75–5%
Length: 3 months (summer)
Format: In person
Based in: San Francisco, US
Runs in: San Francisco
Stage: Pre-seed; pre-idea teams welcome
Focus: Technical founders; AI dev tools, infra, agents
Cohorts: One cohort a year, summer; applications in winter
Acceptance: ~1%
Perks: $350K+ Microsoft and OpenAI credits

Notable alumni and portfolio

CursorLinearCognitionLovable

Apply ↗Website ↗Ask the room

Terms as published by the program; verified October 2026. Programs change their deal every year, the apply page is the source of truth.

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