Neo4j joined the Unicorn Club on June 17, 2021, after raising a $325 million Series F funding round led by Eurazeo, valuing the company at $2 billion. Headquartered in San Mateo, United States, Neo4j is a global leader in graph database technology, offering a native graph platform designed to analyze complex data relationships and patterns across large datasets.
The company’s database enables businesses to model, store, and query connected data efficiently, powering applications in fraud detection, recommendation engines, supply chain management, and IT operations. Neo4j supports both transactional and analytical workloads, integrating advanced data science and machine learning capabilities to derive meaningful insights from relationship data.
Keep reading to learn how Neo4j redefined data analytics through its graph-native approach to database management.
What Is Neo4j and What Does It Do?
Founded in 2007, Neo4j offers a graph data platform that enables organizations to uncover hidden patterns and relationships within their data. Unlike traditional relational databases, Neo4j stores data as nodes and relationships, enabling deep, real-time insights.
The platform combines graph storage, data science workflows, and machine learning integrations to help enterprises efficiently analyse connected data. It serves industries including supply chain management, cybersecurity, IT operations, and financial services, enabling predictive analytics and intelligent automation at scale.
How Much Funding Has Neo4j Raised?
1. Series F Round
- Amount Raised: $325 million
- Date: June 17, 2021
- Valuation: ~$2 billion
- Lead Investor: Eurazeo
- Purpose: Scale global operations, expand the graph data science ecosystem, and invest in cloud offerings
2. Series F Extension
- Amount Raised: $66 million
- Date: October 2021
- Valuation: Maintained at ~$2 billion
- Lead Investors: Eurazeo and GV (Google Ventures) participated in the extension round
- Purpose: Accelerate product innovation and expand strategic partnerships in AI and data science
3. Earlier Rounds (Seed to Series E)
- Cumulative Funding: ~$190 million
- Key Investors: Dawn Capital, F-Prime Capital, Creandum, and Greenbridge Partners
- Purpose: Product development, developer community growth, and enterprise market expansion
Total Funding Raised: ~$581 million
Latest Funding Date: October 2021
Latest Known Valuation: ~$2 billion
Employee Count: 288 (as of December 31, 2024)
Annual Revenue: £18.5 million (as of December 31, 2021)
Key Investors
1. Eurazeo
- Details: Global investment group focused on scaling high-growth technology and digital companies.
- Focus Areas: Cloud data platforms, AI infrastructure, and enterprise software.
2. Dawn Capital
- Details: European venture capital firm backing B2B software and data infrastructure startups.
- Focus Areas: SaaS, big data, and open-source technology.
3. F-Prime Capital
- Details: Global venture firm investing in software, fintech, and healthcare innovation.
- Focus Areas: Database technology, enterprise analytics, and next-generation infrastructure.
4. GV (Google Ventures)
- Details: Venture capital arm of Alphabet investing in technology companies with scalable data models.
- Focus Areas: AI, cloud computing, and machine learning platforms.
Where Is Neo4j’s Headquarters?
Neo4j is headquartered in San Mateo, California, United States, with regional offices in Sweden, Germany, and the United Kingdom. The company manages operations across product development, customer success, and R&D from its global hubs.
What’s Next for Neo4j?
Neo4j aims to expand its graph data cloud services and enhance integrations with machine learning and AI systems. The company continues to expand its developer ecosystem and invest in data science capabilities that enable faster and more intuitive analysis of complex relationships.
As data complexity increases across industries, Neo4j’s graph-native approach positions it to lead the next era of intelligent data modelling and analytics.
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