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COLD START / catalog / c/neonretrieved 2026-06-09T21:23 UTC · 15 sources read

Neon

Neon is a serverless Postgres database platform, acquired by Databricks in May 2025 for $1 billion, that lets developers and AI applications provision, branch, and autoscale Postgres without managing infrastructure.

neon.com · San Francisco

CALL NO.CS·NEON·26
StageAcquisitionMay 2025 · led by Databricks[3][5]
Raised$130Mdisclosed rounds[3][5][2]
Valuationnot publicly disclosedno source in ledger
Founded2021[3][2][5]
Money

Raised $130M across disclosed rounds.[3][5][2]

Acquisition closed May 2025, led by Databricks.[3][5]

post-money valuation is not publicly disclosed.

Named investors include Menlo Ventures, Founders Fund, General Catalyst, GGV Capital, Khosla Ventures, Notable Capital, Elad Gil, Snowflake Ventures, Databricks, M12 (Microsoft's Venture Fund), Abstract Ventures.[4][1][2][5]

People

Nikita Shamgunov, Co-Founder and CEO[2][3]

Heikki Linnakangas, Co-Founder[2][3]

Stas Kelvich, Co-Founder[2][3]

Headcount: sources disagree
27as of May 2026

Neon Postgres · Jun 2026[3]

Signals
May 29 2026newsChangelog May 29, 2026 - Neon company claim, not independently confirmed[8]
Apr 24 2026newsIntroducing Organization Spending Limits - Neon company claim, not independently confirmed[10]
Mar 26 2026newsNeon works with Stripe Projects for agentic provisioning - Neon company claim, not independently confirmed[6]
Mar 18 2026newsHow Specific Provisions Thousands of Databases for Coding Agents Using Neon - Neon company claim, not independently confirmed[9]
Dec 3 2024newsNeon is coming to Azure company claim, not independently confirmed[7]
Comps

Supabase · supabase.com · Named directly as a Neon alternative in the Northflank PostgreSQL hosting alternatives post and the SaaSipedia Neon alternatives page; same buyer (developers self-serving a managed Postgres backend), same serverless/hosted Postgres product category, and...[11][12]

PlanetScale · planetscale.com · Named alongside Neon in the Northflank article title ('Best alternatives to Neon and PlanetScale') and listed as a Neon competitor on SaaSipedia; same workflow (database branching for dev/test isolation, serverless scaling, usage-based pricing) and same...[11][12]

Turso · turso.tech · Listed as a Neon alternative on SaaSipedia and CB Insights; directly overlaps on the database-per-tenant provisioning use case and the serverless, usage-based pricing model targeting the same developer and AI-agent builder buyer.[12][13]

Xata · xata.io · Listed as a Neon alternative on SaaSipedia; same product category (serverless Postgres with branching), same buyer (developers wanting zero-ops database), and directly competing on the branching-for-dev/test workflow that Neon highlights as a core...[12]

CockroachDB (Cockroach Labs) · cockroachlabs.com · Listed as a Neon competitor on CB Insights; overlaps on the serverless, Postgres-compatible managed database category and competes for the same scale-up and enterprise engineering team buyer that Neon targets with its fleet-management and autoscaling pitch.[13]

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Ask the company for a current headcount and the date it was counted.

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Neon

CALL NO.CS·NEON·26

Neon is a serverless Postgres database platform, acquired by Databricks in May 2025 for $1 billion, that lets developers and AI applications provision, branch, and autoscale Postgres without managing infrastructure.

neon.com · San Francisco

StageAcquisition
Raised$130M
Headcount27
Valuationnot publicly disclosed
Founded2021
CompsSupabase +4

Ask the company for a current headcount and the date it was counted.

Not a recommendation. The first thing this ledger cannot answer.