Neo
Neo last closed a fund in November 2024 — 24 months ago. By its own rhythm, that is inside the window where it usually raises again.
Neo has raised 4 times about every 25 months. The last was Neo 4.0, L.P. That points to Dec 2026 — it is inside its window now.
Historically about 1 in 3 high-confidence firms filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
Still filing with the SEC: August 2026. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.
- Funds on file
- 6
- Single-deal SPVs
- 8
- Capital raised
- $768M
- Latest close
- November 2024
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Neo 4.0, L.P. | November 2024 | $324M | 0002045021 ↗ |
| Neo 3.0 Opportunities, L.P. | June 2023 | $56M | 0001949194 ↗ |
| Neo 3.0, L.P. | November 2022 | $179M | 0001949435 ↗ |
| Neo Opportunities Fund 1.1, LP | June 2021 | $10M | 0001866831 ↗ |
| Neo 2.0, L.P. | October 2020 | $150M | 0001826793 ↗ |
| Neo Fund 1.0, L.P. | January 2018 | $50M | 0001726614 ↗ |
| Neo SPV 4.5, LP | July 2026 | $8M | 0002147412 ↗ |
| Neo SPV 4.4, LP | December 2025 | $27M | 0002098659 ↗ |
| Neo SPV 4.3, LP | October 2025 | $6M | 0002092216 ↗ |
| Neo SPV 4.2, LP | August 2025 | $16M | 0002083272 ↗ |
| Neo SPV 4.1, LP | July 2025 | $9M | 0002078317 ↗ |
| Neo SPV 1.2, LP | December 2021 | $3M | 0001895254 ↗ |
| Neo SPV 1.1, LP | November 2021 | $11M | 0001892181 ↗ |
| Neo SPV 2.1, LP | October 2021 | $5M | 0001884798 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Ali Partovi
What Neo invests in
- Typical fund
- $150M median, early stage, Series A-B scale
- Website
- neo.com/index.aspx
Service providers
- Fund administrator
- Redbrick (15 funds)
- Auditor
- Sensiba (8 funds)
From Form ADV filed by NEO VENTURES, LLC CRD 294621 ↗, latest filing June 2026, covering 15 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.