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    Neil Devani

    Founder and Managing Partner at Necessary Ventures

    Neil Devani is the Founder and Managing Partner of Necessary Ventures, an early-stage venture fund that focuses on investing in companies that address critical societal needs. His investment interests primarily encompass sectors such as healthcare, financial services, education, and deep technologies that enhance people's lives.

    Devani's background is extensive and diverse. He earned his Juris Doctor (JD) from Stanford Law School and has experience working on the Affordable Care Act in the U.S. Senate. Additionally, he attended medical school at Drexel University and completed his undergraduate studies at Pennsylvania State University.

    In addition to his role at Necessary Ventures, Devani serves as an advisor to Upsolve, a nonprofit organization that has helped individuals eliminate significant medical debt, and previously advised Copia, a tech company focused on reducing food waste while providing meals to those in need. His professional journey also includes positions at various venture capital firms and startups, highlighting his commitment to impactful investing and social entrepreneurship.123

    Highlights

    Oct 16 · twitter

    When I first met @elan_was_here, I noticed two things about him:

    1/ He had a breadth of knowledge about radiology that exceeded even that of most radiologists. He understood the physics behind imaging. He knew how machines were manufactured, bought/sold, depreciated, etc. He also understood the economics and the psychology of payers, providers, and patients.

    2/ While that kind of knowledge is sufficient to get us leaning in at @NecessaryVC, Elan is also super high EQ and top 1% in what we call "diverse persuasiveness." He can persuade a diverse set of stakeholders in multiple ways, and he does it by having deep empathy and understanding.

    After leading his pre-seed two years ago, I've watched him recruit top talent, leap over hurdle after hurdle, and build @oneimaging into a leading company that makes it easy for patients to get the care they need while saving time and money in the process.

    Huge congrats @elan_was_here on raising a $38M Series A, and more importantly, on all the customers!

    I can't wait to see what the next two years bring 🙌

    Aug 10 · twitter

    Jon is basically saying if you’re a lazy Harvard or Stanford grad, you won’t be a good founder.

    If you want to prove him wrong and are building something the world needs, we lead pre-seeds @NecessaryVC

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    Related Questions

    What are some notable companies in Necessary Ventures' portfolio?
    How did Neil Devani's background in healthcare policy influence his investment strategy?
    What makes deep technologies a focus for Necessary Ventures?
    How has Upsolve impacted individuals with medical debt under Neil Devani's guidance?
    What are the key sectors Neil Devani targets for investment?
    Neil Devani
    Neil Devani, photo 1
    Neil Devani, photo 2
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    Experience

    Founder and Managing Partner at Necessary Ventures, March 2020 - Present
    Upsolve, January 2019 - Present; Comar LLP, November 2016 - Present; Media Mobilize, August 2016 - Present; Maidbot, September 2016 - Present; Tissue Analytics, Inc., September 2016 - May 2020; Penny App, September 2015 - March 2018, Singularity Holdings VC, September 2016 - Present; Chameleon, June 2015 - Present; Rothenberg Ventures, September 2014 - August 2016, Alchemist Accelerator, May 2017 - Present; StartingBloc, 2010 - 2012, Venture Partner at HOF Capital, November 2016 - July 2021; Board Director, Board Observer at Vicarious Surgical Inc., December 2015 - January 2021; Director of Business Operations and Strategy, Legal Counsel at Clinkle, July 2013 - December 2014

    Location

    Los Angeles, California, United States