Neil Devani
Managing Partner at Necessary Ventures
Neil Devani
Managing Partner at Necessary Ventures
Los Angeles, California
Overview
Work Experience
Founder and Managing Partner
2020 - Current
We invest in what the world needs, primarily leading pre-seeds and also investing as a non-lead from pre-seed to pre-IPO. Necessary companies inherently have authentic and articulable missions. We help founders leverage their missions to outcompete the market for talent, capital, and attention.
Advisor, formerly Investor
2016
Early-stage VC, investments include Solugen, Wayve.ai, and Recursion Pharmaceuticals (NASDAQ: RXRX). Transitioned to an advisory role as I started Necessary Ventures.
Advisor
2019
The largest and leading nonprofit helping families file for bankruptcy in the United States. Upsolve is the winner of Fast Company's World Changing Ideas Award in 2019 and the New York Times Good Tech Award in 2018. Backers include Y Combinator, Eric Schmidt, Vinod Khosla, Jim Breyer, Chris Sacca, the Robin Hood Foundation, the Hewlett Foundation, Fast Forward, BlackRock, Harvard, and the U.S. Government.
Advisor
2016
At Comar Law, I advise the firm on investment and corporate issues from both a company and investor perspective, especially as related to early stage financings, fund formation, and other related corporate transactions.
Advisor
2016
Working with publishers and advertisers to drive valuable content.
Advisor
2016 - 2023
A robotics company on a mission to revolutionize the way humans clean - starting with Rosie - the very first housekeeping robot for hotels.
Investor and Advisor
2015 - 2023
Build Better User Onboarding Without Coding
Mentor
2017 - 2022
Mentoring founders of enterprise startups.
Venture Partner
2016 - 2021
$1B+ AUM VC firm investing globally.
Board Director, Board Observer
2015 - 2021
($RBOT) Surgical robotics company working to provide global access to minimally invasive robotic surgery. Investors include Bill Gates, Khosla Ventures, Eric Schmidt’s Innovation Endeavors, Jerry Yang's AME Cloud Ventures, and Marc Benioff.
Education
Investments
Latest Articles
What “Financials” Means for Early Stage Startups — A Guide for Founders
Talks about Startup, Finance and Venture Capital
A Super Fast Overview and History of Tech VC
Talks about Venture Capital, Technology and Finance
A Super Fast Overview and History of Tech VC: Part III
Talks about Startup, Venture Capital and Tech
A Super Fast Overview and History of Tech VC: Part II
Talks about Venture Capital, Green Energy and Solar Energy