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Companies › Neon
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Neon

San Francisco, US · founded 2021 · ≈159 (2026, PitchBook) employees · Software Publishers · neon.tech

Neon is a managed, open-source serverless Postgres service that separates storage from compute. It offers autoscaling, database branching and point-in-time recovery, with free and usage-based paid plans. Founded in 2021, it raised about $130M from investors including M12, General Catalyst and Menlo Ventures. By 2025 it reported over 18,000 customers, and Databricks said about 80% of its databases were created by AI agents. Databricks agreed to acquire it for about $1B in May 2025. Sacra estimated roughly $25M ARR in May 2025.

Developer ToolsDatabasesCloud InfrastructureAI InfrastructureOpen Source

Funding

1
Every round, secondary, debt facility or acquisition involving Neon that AI Lounge tracks, newest first. Latest: Acquisition on May 14, 2025.
Neon logo
Neondetails →AcquisitionMay 14
Databricks (acquirer) · Serverless Postgres
$1B

Timeline · 3

Oct 9, 2026
Deal
Databricks adds Responsive to accelerate its Lakebase and Neon Postgres work · Responsive
May 14, 2025
Round
Acquisition · $1B · Databricks
May 14, 2025
Deal
Databricks buys Neon for ~$1B because AI agents spin up databases faster than people · Databricks

In the news

2
Databricks adds Responsive to accelerate its Lakebase and Neon Postgres work2026-10-09Databricks buys Neon for ~$1B because AI agents spin up databases faster than people2025-05-14
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