Bhavin Turakhia puts $30M into Neo, an AI alternative to office suites

TechCrunch reports that Bhavin Turakhia is backing Neo with $30 million of personal capital as his fifth venture, aiming to challenge Microsoft Office and Google Workspace with an AI-native productivity suite. The company is positioning AI as the default layer across workplace documents, communication, and collaboration rather than as a bolt-on assistant. The effort adds another well-funded challenger to the enterprise productivity stack at a moment when incumbents are racing to fold agents into their existing apps.

Key details: Bhavin Turakhia is putting $30 million of his own money into Neo, Neo is being positioned as an AI-native alternative to Microsoft Office and Google Workspace, The company is targeting enterprise productivity workflows rather than a single-point assistant.

Why it matters: Productivity suites are one of the largest enterprise software markets, so an AI-first entrant backed by a repeat founder is a useful signal on where agents may become default infrastructure.