Neil Devani

Neil Devani

Necessary Ventures

About

Role

Founder and Managing Partner

Type

Seed fund

Bio

Neil invests in companies that improve people's lives. He primarily focuses on companies using deep technologies and those in the healthcare, financial services, and education sectors. Neil is also an advisor to Upsolve, a bankruptcy nonprofit that has helped individuals clear hundreds of millions of dollars of primarily medical debt, and to Copia, a venture-backed technology company that has delivered over three million meals to people in need.

About Investments

Necessary Ventures invests $250-500k into pre-seed companies across a wide range of industries (ClimateTech, FinTech, MedTech, BioTech). We help founders hire talent, find additional capital from angels/VCs and other often more aligned sources, and leverage their narratives for earned and owned media instead of paid media.

Investments

Stages

Pre-seed, Seed

Check Range

$250K-$500K

Geography

US/Canada

Leads Rounds

Sometimes

Investment Highlights

Arc, Ensodata, Magrathea, Recursion Pharma, Rubi, Solugen, Unlearn, Vicarious Surgical, Wave, Wayve

Get in touch

Please review this investor’s areas of interest, check size, and geographic constraints before making contact: you will have a much higher chance of success if your outreach is targeted.

Disclaimers and footnotes

    Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC. Deposit insurance covers the failure of an insured bank.