Neo bets $30M on AI-native office software
Neo is building an AI-native enterprise work platform that combines documents, project management, file storage and AI into one workspace.
Office software is one of the biggest prizes in enterprise AI because it sits where knowledge workers already spend their day.
What happened
Indian entrepreneur Bhavin Turakhia is self-funding $30M into Neo, an enterprise work platform combining project management, documents, file storage and AI.
Neo launched internally in April and is designed to make AI an active participant in daily work rather than a separate assistant. The startup has about 45 employees, including 18 engineers, and plans to grow to around 100 employees by year-end.
Why it matters
The interesting bet is that legacy productivity software cannot simply bolt on AI and call it transformation. Neo is arguing that workplace tools need to be rebuilt around AI-native workflows from the beginning.
That means AI is not just a sidebar for summarising documents or answering questions. It becomes part of how work is organised, delegated, tracked and completed across teams.
The bigger picture
The office suite is becoming a major AI battleground. Microsoft, Google and newer startups are all trying to define what work looks like when AI can read files, manage projects and participate in collaboration.
Neo’s challenge is huge because incumbents have deep distribution. But the market signal is clear: AI-native productivity is becoming one of the most important enterprise software categories to watch.