
Investments
43About Necessary Ventures
Necessary Ventures operates as a venture capital firm investing in scalable solutions addressing various challenges. The company provides financial backing and support to founders who create technology-based solutions. Necessary Ventures engages with startups focusing on issues such as illness, disease, climate change, and social injustices. It was founded in 2020 and is based in San Francisco, California.
Latest Necessary Ventures News
May 30, 2024
Necessary Ventures and Compound led the all-equity round.
Necessary Ventures Investments
43 Investments
Necessary Ventures has made 43 investments. Their latest investment was in Verustruct as part of their Pre-Seed on September 24, 2025.
Necessary Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/24/2025 | Pre-Seed | Verustruct | $2.44M | Yes | Anorak Ventures, Boost VC, Mana Ventures, and Undisclosed Investors | 1 |
8/27/2025 | Series A | Copper | Yes | 3 | ||
12/5/2024 | Series A | Brellium | $16.7M | Yes | Andrew Adams, Cory Levy, Digital Health Venture Partners, First Round Capital, Left Lane, Menlo Ventures, and Undisclosed Investors | 3 |
10/29/2024 | Seed VC | |||||
9/30/2024 | Seed VC |
Date | 9/24/2025 | 8/27/2025 | 12/5/2024 | 10/29/2024 | 9/30/2024 |
|---|---|---|---|---|---|
Round | Pre-Seed | Series A | Series A | Seed VC | Seed VC |
Company | Verustruct | Copper | Brellium | ||
Amount | $2.44M | $16.7M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | Anorak Ventures, Boost VC, Mana Ventures, and Undisclosed Investors | Andrew Adams, Cory Levy, Digital Health Venture Partners, First Round Capital, Left Lane, Menlo Ventures, and Undisclosed Investors | |||
Sources | 1 | 3 | 3 |
Necessary Ventures Team
1 Team Member
Necessary Ventures has 1 team member, including current Founder, Managing Partner, Neil Devani.
Name | Work History | Title | Status |
|---|---|---|---|
Neil Devani | Rothenberg Ventures, Clinkle, Fenwick, Phillips & Cohen Associates, The Advisory Board Company, StartingBloc, and United States Senate | Founder, Managing Partner | Current |
Name | Neil Devani |
|---|---|
Work History | Rothenberg Ventures, Clinkle, Fenwick, Phillips & Cohen Associates, The Advisory Board Company, StartingBloc, and United States Senate |
Title | Founder, Managing Partner |
Status | Current |
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