Neon

Neon

Serverless Postgres solution for developers

About

Neon.tech offers a serverless Postgres solution that allows developers to launch a fully managed Postgres instance with a single command. Its unique feature is the separation of storage and compute, enabling on-demand scalability and quick cold starts in under 3 seconds. This focus on Postgres compatibility and ease of use sets Neon.tech apart from competitors. The company's goal is to simplify database management for developers while providing flexibility through a subscription-based model.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$121.6M

Headquarters

Menlo Park, California

Founded

2021


Simplify Jobs

Simplify's Take

What believers are saying

  • Neon secured a $25.6M investment from Microsoft's venture arm, M12.
  • Postgres was named database of the year, aligning with Neon's open-source focus.
  • Growing demand for serverless architectures boosts Neon's market potential.

What critics are saying

  • Increased competition from Redpanda's serverless offering may impact Neon's market share.
  • Microsoft's investment may pressure Neon to align with Microsoft's strategic goals.
  • Neon's expansion into digital stores may divert focus from core database services.

What makes Neon unique

  • Neon offers a serverless Postgres solution with 100% Postgres compatibility.
  • Neon's architecture separates storage and compute, enabling dynamic scaling and cost efficiency.
  • Neon provides a cold start capability in less than 3 seconds, enhancing developer experience.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

11%

Benefits

Remote work environment

Equity & stock options

Top-notch equipment

Unlimited PTO

Paid parental leave

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