Confirmed by the firmCalifornia

Necessary Ventures

Necessary Ventures, based in California, backs generalist startups at Pre-Seed and Seed, writing $1 million to $3 million checks and can lead rounds, as with Recursion and Wayve.

Entry stagePre-seed, Seed
Check size$1M to $3M
Leads roundsYes
FocusGeneralist
Latest fundn/a
Investing team2 peopleNo activity since Sep

Who you would pitch at Necessary Ventures

2 people on the investing team, 2 of them partners who can make the call. Partners are listed first.

Work here and something is wrong? Ask for a correction.

Writes $1M to $3M checks. Its smallest check is larger than 83% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target5-7%, 7-10%

Notable investments

RecursionVicarious SurgicalWayveModern HealthFarmers Business Network

In their words

Necessary VenturesWe invest in what the world needs.www.necessary.vc
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

Send your deck

Alert me when Necessary Ventures is active

One email when this firm shows new activity. Nothing else.

Firms like Necessary Ventures

On these lists

Questions

What stage does Necessary Ventures invest in?

Necessary Ventures reports entry at pre-seed, seed.

How much does Necessary Ventures invest?

Necessary Ventures reports checks of $1M to $3M.

Does Necessary Ventures lead rounds?

Yes. Necessary Ventures says it can lead.

Who are the partners at Necessary Ventures?

Neil Devani (Founder and Managing Partner), Akash Malhotra (Partner).

Is Necessary Ventures active right now?

No recent activity since September 2026.

Work at Necessary Ventures? Claim or correct this profile.