Funding round
Neo4j Series F
Neo4j, which works in graph database management software development in San Mateo, raised $325M in a Series F round announced on 17 Jun 2021, led by Eurazeo, at a $2.00B post-money valuation. 7 firms took part, 3 of them already investors. It is Neo4j's fifth venture round on record; the one before was a Series E in Nov 2018.
$325M
Amount raised
$2.00B
Post-money valuation
7
Investors
1 lead
16%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Neo4j at $2.00B after the new money. The $325M bought investors about 16% of the company. It came 31 months after Neo4j's Series E. It is 62% of the $522M Neo4j has raised in the venture rounds on record. Neo4j raised again 41 months later: a Growth round of $50M in Nov 2024, at $2.00B post-money.
Neo4j's funding rounds
Neo4j has 6 venture rounds on record. This one is highlighted.
- Series B 2 Nov 2012, led by Sunstone Life Science Ventures $11M
- Series C 15 Jan 2015, led by Creandum $20M
- Series D 14 Feb 2017 $36M
- Series E 1 Nov 2018, led by One Peak and Morgan Stanley $80M
- Series F this round 17 Jun 2021, led by Eurazeo $325M$2.00B post-money
- Growth 28 Nov 2024, led by Noteus $50M$2.00B post-money
Investors
Who put money in
Eurazeo led the round with 6 other firms. One Peak, Creandum and Greenbridge Partners had backed Neo4j before.
Lead investor
- Eurazeo backs 103 venture-backed companies new investor
Also in the round
Joined the board: Nathalie Kornhoff-Brüls (Eurazeo).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
46 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $157M, and this round was 2.1 times the median. The closest in time, other companies' Series F rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Illumio Tech Companies | 24 Jun 2021 | $225M | $2.75B | Thoma Bravo |
| Tech Companies | 1 Jun 2021 | $200M | $2.40B | Blue Owl Capital |
| Addepar Tech Companies | 16 Jun 2021 | $150M | $2.17B | D1 Capital Partners |
| Forter Tech Companies | 25 May 2021 | $300M | $3.00B | Tiger Global Management |
| Tech Companies | 28 Jul 2021 | $175M | $3.00B | Tiger Global |
| Arctic Wolf Tech Companies | 13 Jul 2021 | $150M | $4.30B | Viking Global and Blue Owl Capital |
| Tech Companies | 27 Jul 2021 | $150M | $2.60B | B Capital |
| ShareChat Tech Companies | 27 Jul 2021 | $145M | $2.88B | Temasek and Moore Strategic Ventures |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Neo4j raise in its Series F round?
Neo4j raised $325M in its Series F round, announced in Jun 2021.
Who led Neo4j's Series F round?
Eurazeo led it, with GV, One Peak, Creandum, Greenbridge Partners and Digital Transformation Capital Partners and 1 more.
What was Neo4j's valuation at the Series F round?
$2.00B post-money.
How does it compare with other Series F rounds in Tech Companies?
46 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $157M, and this round was 2.1 times the median.
Did Neo4j raise again after this round?
Yes: a Growth round in Nov 2024 of $50M at $2.00B post-money.