Tech Company Financing Transactions

Neato Funding Round

Neato closed a $25 million funding round on 4/14/2026. Investors included Advantage Capital Partners and private investors.

Transaction Overview

Company Name
Announced On
4/14/2026
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

Advantage Capital Partners (Lead Investor) (Philip Ruppel)

Proceeds Purpose
The investment will support the launch of two new operations centers in Las Vegas and Chicago with integrated eCommerce prep capabilities, expansion of their AI agent stack and accelerate Neato's expansion beyond Amazon.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
750 Pilot Rd A
Las Vegas, NV 89119
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Neato is a 2P ecommerce operator built to remove complexity and bring certainty to online growth. Founded in 2018, Neato pioneered second-party commerce, starting in 2020. Neato buys inventory directly from brands and manages the full lifecycle of selling it online, from listings and creative to advertising, logistics, and reporting. Unlike agencies, Neato does not sell standalone services; its model is predicated on purchasing product and owning execution.
Profile
Neato LinkedIn Company Profile
Social Media
Neato Company Twitter Account
Company News
Neato News
Facebook
Neato on Facebook
YouTube
Neato on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anthony Connelly
  Anthony Connelly LinkedIn Profile  Anthony Connelly Twitter Account  Anthony Connelly News  Anthony Connelly on Facebook
Co-Founder
Spencer Jacobs
  Spencer Jacobs LinkedIn Profile  Spencer Jacobs Twitter Account  Spencer Jacobs News  Spencer Jacobs on Facebook


 

 

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About Database of VC Transactions

Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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