NEON

Deel operates an integrated payroll and HR platform across 150+ countries, combining HRIS, compliance, benefits administration, and equipment management on proprietary infrastructure. Founded in 2019 by MIT graduates Alex Bouaziz and Shuo Wang, the company reached $1 billion in annual recurring revenue within five years and currently holds a $17.3 billion valuation. The platform is backed by Andreessen Horowitz and Y Combinator. The company processed $11.2 billion in worker payments during 2024, supporting nearly 100 currencies and providing healthcare and benefits coverage across 109 countries. Deel's compliance infrastructure combines 2,000+ local experts with AI-powered workflows to manage labor law requirements across its operational footprint. The platform supports multiple employment models, including contractors, employer-of-record arrangements, and direct hires. Deel's technical approach centers on owned payroll infrastructure rather than third-party integrations, with AI capabilities embedded in compliance and payroll processing workflows. The company positions itself in the global employment services market, addressing administrative and regulatory barriers for distributed workforce management.

Vanta operates an automated security and compliance platform serving organizations from startups to large enterprises. Founded in 2018 by CEO Christina Cacioppo, the company has built what it terms an Agentic Trust Platform that replaces manual compliance processes with continuous monitoring and AI-aided automation across frameworks including SOC 2, ISO 27001, HIPAA, PCI, and GDPR. The platform integrates with over 400 tools via API to collect evidence and monitor security controls, maintaining audit readiness through automated workflows rather than periodic manual checks. The core technical architecture centers on continuous monitoring of security controls and automated evidence collection, with the platform automatically tracking compliance posture across multiple frameworks simultaneously. Vanta's Trust Center product provides unified visibility into an organization's compliance status and vendor risk management. The company positions its approach around the premise that trust requires ongoing verification rather than point-in-time assessments, automating the security and compliance workflows that typically require significant manual effort from engineering and security teams. The business serves a range of customers requiring demonstrated compliance - from early-stage companies establishing their first SOC 2 to enterprises managing complex, multi-framework requirements. Vanta's stated mission is to "make security in a box," reflecting an emphasis on accessible automation rather than bespoke consulting. The company culture signals focus on customer success, responsible growth, and cross-functional collaboration between product, engineering, sales, and partnership teams.

In 1926, Andreas Stihl revolutionized the forestry industry with a bold vision: to make working in and with nature easier through innovative technology. Starting as a one-man company in Stuttgart, Germany, STIHL introduced the first electric chainsaw, solving a critical problem for forestry workers who struggled with heavy, inefficient equipment. This founding insight - that technology could transform grueling physical labor into manageable work - became the cornerstone of a century-long legacy of innovation. Today, STIHL stands as the world's leading brand of chainsaws and outdoor power equipment, employing over 20,000 people across production sites in seven countries on three continents. What began with a single electric chainsaw has evolved into a comprehensive product portfolio spanning gasoline-powered tools, battery technology, digital solutions, robotics, and artificial intelligence. As a family-owned company now celebrating 100 years, STIHL maintains the pioneering spirit of its founder while embracing cutting-edge technologies to serve professionals and homeowners in 160 countries worldwide.

While we love speedy success, we're acutely aware that greatness comes in many forms and at different times. That's why we're not afraid to break the mold to bring something spectacular to life. Our approach is personal. We don’t believe in a one-size-fits-all approach, but there are a few absolutes intrinsic to who we are and how we work. And these values weren’t contrived out of thin air, they’re hard earned over the past 30 years and counting. High performance, low ego. The old adage “actions speak louder than words” rings true within Canaan’s walls, and in our interactions with companies out in the wild. Words like "understated" and "effective" are often used to describe our partners, and that’s fine by us. We’ll leave the bragging to the others. People are more than statistics. A diverse team means we bring varied perspectives to the table. And that table welcomes out-of-the-box thinking, spirited debate, and people from all walks of life. It’s our individual backgrounds and interests that inform our collective approach, which spans industries, generations, and coasts. In short, our diversity is who we are and what we do. We ask for help, and so should you. We firmly believe that two heads are better than one. So while our investors thrive in 1:1 partnerships, our companies also have the support of the entire Canaan team whenever, wherever. Recruiting your executive team? We’ll mobilize our full network. Need operational advice to bring a product to market? We’ll connect you with the right partner or colleague. Our resources are yours. The Golden Rule still applies. We treat you like we treat ourselves - with respect, transparency, and honesty - even if it’s sometimes not what you want to hear. It’s this approach that makes our portfolio companies more like family, because we’re not afraid to get in the weeds and help solve big hairy problems. In fact, it’s what we live for. We’re acutely aware that our success hinges on your success, so we do what it takes. We're in the know, not in the way. We’d be lying if we said we weren’t hands-on, but we also know when to step back and let you soar. Our goal is to add value to your process, and help you grow in ways you couldn’t alone. That’s why you’ll never see us booking meetings just to check a box or “see how are things are going.” We’ll already know, because that’s the kind of relationship we have with our companies.

WEX is a global commerce platform that simplifies the business of running a business through innovative financial technology solutions. Founded in 1983, the company has grown from a start-up into a leading provider of payment solutions serving millions of companies and customers worldwide. With more than 6,500 employees across the Americas, Europe, Asia Pacific, and other regions, WEX operates at significant scale, processing billions in payments annually across its three core business segments. WEX's powerful ecosystem delivers specialized solutions for fuel and fleet management through over 50 fuel card products, employee benefits administration including HSAs, FSAs, and COBRA management, and corporate payments that help finance leaders make smarter decisions. The company's fuel cards are accepted at most gas stations and charging locations globally, while its benefits platform serves partners across multiple industries to maximize efficiencies. As a publicly traded company on the NYSE (WEX) with annual revenue exceeding $2.6 billion, WEX continues to transform how businesses manage payments, simplify complex operations, and drive growth across continents and industries.