# Neveo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neveo

- Industry: Software
- Headquarters: Brussels, Belgium
- Website: www.neveo.io
- Total disclosed funding: $0.1M
- Latest round: Seed (Sep 18, 2015)
- Investors on record: 1

## About

Neveo specializes in creating personalized monthly photo journals that foster connections between families and their elderly relatives, particularly grandparents, by delivering cherished memories in a tangible format.Founded in 2015 by Simon Desbarax and Vincent Leroy, Neveo is based in Brussels, Belgium. The company has pivoted its business strategy to focus on a subscription service for personalized photo journals, and it has successfully raised EUR 1.50 million in Series A funding led by Société Régionale d'Investissement de Wallonie as of December 15, 2018. The company has completed two funding rounds, with a total amount raised of EUR 1.50 million.Neveo offers a unique service centered around creating personalized monthly photo journals designed to strengthen connections between families and their elderly relatives, particularly grandparents. Users can upload up to 30 photos monthly via a mobile application, which Neveo compiles into a high-quality printed journal and ships directly to the grandparents' homes. The service is accessible to unlimited contributors and features free worldwide delivery. The application supports six languages, catering to a diverse customer base across global markets, including North America, Europe, and Asia.Neveo operates on a subscription-based revenue model, providing a trial journal for EUR 4.95, which includes delivery. Monthly subscriptions start from EUR 17.99, allowing customers flexibility in their engagement. In 2017, the company's revenue was EUR 0, and its EBITDA was EUR 714,798.5 in 2024.Following the Series A funding of EUR 1.50 million in December 2018, Neveo plans to invest in the development of new product offerings to enhance its journal service. The company is also targeting expansion into new markets, particularly in Asia and Europe, by 2023. The funding will support these initiatives, enabling Neveo to reach a broader customer base and improve its service delivery.

## Funding rounds

- Seed, Sep 18, 2015, $0.1M — Lean Fund

## Investors

- Lean Fund (https://capitalatlas.ai/funds/lean-fund) — Seed