Neo bets $30 million on an AI-native office suite

Bhavin Turakhia is putting his own money behind another software bet. On July 1, the 46-year-old founder behind Directi, Radix, Titan and Zeta unveiled Neo, an AI-native office suite aimed at Microsoft Office and Google Workspace.

Turakhia told TechCrunch that if you want to build an iPhone, you cannot simply convert parts from a Nokia.

Neo combines project management, documents, file storage and an assistant layer called Friday. It connects to more than 1,000 external apps and stays model-agnostic, so companies are not locked to one model provider.

First test: real office work

The product has been running internally since April across Turakhia companies, including banking software firm Zeta. The next target is mid-sized companies in technology, consulting and professional services. The team has 45 people, including 18 engineers, and wants to reach about 100 by year-end.

Even 2% to 5% of the office software market would be larger than Turakhia's previous companies. The challenge is that office suites are sticky, and Microsoft, Google, Salesforce, Notion and Superhuman are already adding AI to daily work. Neo plans outside trials in India and the United States in August, with a public launch planned for January 2027.

Sources: CocoLoop, TechCrunch report on Bhavin Turakhia funding Neo with $30 million of personal capital and positioning it as an AI alternative to Microsoft Office.