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.
31% of their portfolio is in Healthcare. Average disclosed round size is $13.8M (across 12 rounds with reported amounts).
Portfolio
12
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
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
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Brellium | Series A | $16.7M | Apr 2025 |
| Brellium | Series A | $16.7M | Jan 2025 |
 Infinite Machine | Seed | $9.3M | Oct 2024 |
 Unlearn.AI | Series C | — | Feb 2024 |
 Rubi Laboratories | Seed | $5.3M | — |
| RRelief | Series A | $15M | — |
 Zocalo Health | Seed | $5M | — |
| MMagrathea | 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 | — |
Top Co-Investors
Menlo Ventures3 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
Andreessen Horowitz2 shared
Left Lane Capital2 shared
Kearny Jackson2 shared
First Round Capital2 shared
Unpopular Ventures2 shared
Y Combinator2 shared
Altimeter Capital Management, LP1 shared
Radical Ventures1 shared
Wittington Ventures1 shared
Mubadala Ventures1 shared
Ei.Ventures1 shared
Stonks1 shared
Last updated: 8 September 2026