Necessary Ventures is a thesis-driven venture capital firm that leads pre-seed rounds and invests across stages from pre-seed to pre-IPO. Necessary Ventures's Twitter Score is 2.2 out of 1000 as of July 2026, ranking #333,391 among 531,432 tracked accounts.
Necessary Ventures was founded by Neil Devani, who serves as Founder and Managing Partner and sits on the board of Plural Energy, a platform for on-chain renewable-energy investing. The firm typically leads rounds of $1-2M at the pre-seed stage while also participating as a non-lead investor through to pre-IPO. Its team includes Michael Dempsey as AI and Deep Technology Advisor, who is Managing Partner at Compound, an investment firm focused on AI, robotics, energy, materials science, and crypto.
Necessary Ventures's crypto exposure comes primarily through its investment in Plural Energy, whose pre-seed financing was announced in May 2024 alongside co-investors Maven 11, Volt Capital, and Compound. The firm remains active, publishing research and newsletter content as recently as June 2026. Necessary Ventures has published 76 posts on the platform and has 501 followers as of July 2026.
Necessary Ventures's portfolio includes Decent and Plural.
Necessary Ventures has been mentioned by 4 accounts, with 7 total mentions.
Who follows Necessary Ventures on X?
The accounts that follow Necessary Ventures include 6 founders, 5 angel investors and 4 influencers. Among its notable followers are Matthew Graham, VCs Congratulating Themselves, Dave McClure, Shervin, ChrisUniverse and Dave Font.