Valuation
$1B
2024 Revenue
$22.5M
Funding
$460M
Team
168
Founded
2021
How Neon CEO Nikita Shamgunov grew Neon to $22.5M revenue with a 168 person team in 2024.
Neon is a software development company specializing in open-source cloud-native PostgreSQL database solutions, offering a serverless alternative to traditional databases.
Last updated
Neon Revenue
In 2024, Neon's revenue reached $22.5M. Since its launch in 2021, Neon has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Neon Hit $22.5m revenue in September 2024 |
| 2021 | Launched with $0 revenue |
Neon Valuation, Funding Rounds
Neon reached a $1B valuation in 2023, set during its Series D round.
Neon has raised $460M in total funding across 4 rounds, most recently a $46M Series D round in 2023.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2023 | Series D | $46M | $1.6B | 3% |
| 2020 | Series C | $300M | - | - |
| 2019 | Series B | $92M | - | - |
| 2018 | Series A | $22M | - | - |
Neon Employees & Team Size
Neon employs approximately 168 people as of 2026.
Neon has 168 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 168 employees (November 2025) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Neon yet.
Frequently Asked Questions about Neon
What is Neon's revenue?
Neon generates $22.5M in revenue.
Who is the CEO of Neon?
The CEO of Neon is Nikita Shamgunov.
How much funding does Neon have?
Neon raised $460M.
How many employees does Neon have?
Neon has 168 employees.
Where is Neon headquarters?
Neon is headquartered in San Francisco, California, United States.
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Compare Neon to the industry
Neon operates across multiple industries. Browse revenue, funding, and growth data for Neon in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .