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NEO FINANCIAL
Neo Financial
Fintech · Calgary, Alberta · Canada · Founded · 2020 · ≈ · 400 · employees

Neo Financial Funding — Last Valued at $1.1B

Private

Neo Financial has raised $264.1M across 3 funding rounds, plus 1 undated round. The company is valued at $1.1B.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Neo Financial funding · at a glance
Total raised, all rounds
$264.1M
some round sizes not disclosed
Funding rounds
3
plus 1 undated round
Latest round
Feb 2026
Feb 2026
Lead on that event
not disclosed
2026
About Neo Financial

Neo Financial remains privately held with a latest valuation of $1.1 billion, and Wikipedia records a $360 million raise backed by investors including Shopify's Tobi Lutke and Slack founder Stewart Butterfield.

Funding timeline

The Neo Financial funding timeline

3 funding rounds, the latest highlighted.

2020
Neo Financial founded

Neo Financial was founded in 2020, Canada.

UNDATED
Series C

No date is disclosed for this round.

DEC 2020
Series A

A primary round — the company sells new shares to investors it selects. Led by Valar Ventures.

Valuation basisAmountPrice / shareLeadValar Ventures
SEP 2021
Series B

Greenoaks Capital, Altos Ventures, Breyer Capital. $50.6M raised, led by Valar Ventures.

Valuation basisAmount$50.6MPrice / shareLeadValar Ventures
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Neo Financial funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Equity round LATEST
Feb 2026
$68.5M
—
—
—
—
Series B
Sep 2021
$50.6M
—
—
Valar Ventures
Greenoaks Capital, Altos Ventures, Breyer Capital
Series A
Dec 2020
—
—
—
Valar Ventures
—
Series C
—
$145M
$1Bpost-money
—
Valar Ventures
Tribe Capital, Altos Ventures, Blank Ventures, Gaingels, Maple VC, Knollwood Investment Advisory
Neo Financial · investors

Investors

Valar VenturesLEADAccelFounders FundSocial Capital

Frequently asked questions

Is Neo Financial publicly traded?›

No. Neo Financial is a private company; its shares do not trade on a public exchange.

What is Neo Financial's valuation?›

The last valuation is $1.1B.

Who has invested in Neo Financial?›

Lead investors for each round are in the funding timeline.

Who are Neo Financial's competitors?›

The closest fintech peers are on the competitors page.

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