Necessary Ventures is a thesis-driven venture capital firm based in San Francisco that invests in 'necessary companies' addressing fundamental societal needs. The firm leads $1–2M pre-seed rounds and also makes non-lead investments from pre-seed to pre-IPO, supporting founders with talent acquisition, strategic capital raising, and media/growth support.
Average disclosed round size is $23.1M (across 24 rounds with reported amounts).
Portfolio
20
Fund Size
—
Top Stage
Seed
Last 12 Mo
3
Team
ND
Neil Devani
Founder and Managing Partner
AJ
Adam J Simons
Partner
GB
Greg Burrell
Venture Partner
NG
Nikita Gaurav
Partner
MP
Milind Parate
Healthcare Venture Investor
SS
Samuel Schwartz
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Arc | Series C | $50M | Mar 2026 |
 ARC | Series C | $50M | Mar 2026 |
 Nitra | Series B | $50M | Mar 2026 |
 Arc Boat Company | Series C | $50M | Jan 2026 |
 Nevoya | Seed | $9.3M | Jul 2025 |
 Brellium | Series A | $16.7M | Apr 2025 |
| Brellium | Series A | $16.7M | Jan 2025 |
| Nevoya | Seed | $3M | Nov 2024 |
 Infinite Machine | Seed | $9.3M | Oct 2024 |
 Unlearn | Series C | — | Feb 2024 |
 EnsoData | Series A | $20M | Jun 2022 |
| RReturnSafe | Unknown | $3.3M | Dec 2020 |
| RReturnSafe | Unknown | $3.3M | Jan 2020 |
 Rubi Laboratories | Seed | $5.3M | — |
| RRelief | Series A | $15M | — |
 Zócalo Health | Seed | $5M | — |
 Magrathea | Seed | $10M | — |
 Relief App | Series A | $15M | — |
| RRubi Labs | Seed | $8.7M | — |
 Arc | Series C | $50M | — |
 Akido | Series A | $11.2M | — |
 Verustruct | Pre-Seed | $2.3M | — |
 Unlearn | Series C | $50M | — |
| Arc | Seed | $50M | — |
| ARC | Seed | $50M | — |
Top Co-Investors
Menlo Ventures8 shared
Lowercarbon Capital7 shared
Y Combinator6 shared
Offline Ventures6 shared
Eclipse6 shared
Andreessen Horowitz5 shared
Altimeter Capital Management, LP2 shared
Radical Ventures2 shared
Wittington Ventures2 shared
Mubadala Ventures2 shared
Insight Partners2 shared
Talis Capital2 shared
Interplay Ventures2 shared
Nava Ventures2 shared
Brand Foundry Ventures2 shared
Animal Capital2 shared
The Kraft Group2 shared
Great Oaks Venture Capital2 shared
Left Lane Capital2 shared
Kearny Jackson2 shared
Last updated: 20 October 2026