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      <liveTestFlag>LIVE</liveTestFlag>
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          <nameOfIssuer>NEEDHAM FUNDS INC</nameOfIssuer>
          <addressOfIssuer>
            <street1>250 Park Avenue 10th Floor</street1>
            <city>NEW YORK</city>
            <state>NY</state>
            <country>X1</country>
            <zipCode>10177-1099</zipCode>
          </addressOfIssuer>
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              <seriesName>Needham Growth Fund</seriesName>
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                <className>Retail Class</className>
                <classId>C000010138</classId>
              </classInfo>
              <classInfo>
                <className>Institutional Class</className>
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              <seriesName>Needham Aggressive Growth Fund</seriesName>
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                <className>Retail Class</className>
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              <classInfo>
                <className>Institutional Class</className>
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            </rptSeriesClassInfo>
            <rptSeriesClassInfo>
              <seriesName>Needham Small Cap Growth Fund</seriesName>
              <seriesId>S000003816</seriesId>
              <classInfo>
                <className>Retail Class</className>
                <classId>C000010645</classId>
              </classInfo>
              <classInfo>
                <className>Institutional Class</className>
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          <investmentCompActFileNo>811-09114</investmentCompActFileNo>
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              <fileNumber>033-98310</fileNumber>
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        <item4>
          <lastDayOfFiscalYear>12/31/2022</lastDayOfFiscalYear>
          <isThisFormBeingFiledLate>false</isThisFormBeingFiledLate>
        </item4>
        <item5>
          <aggregateSalePriceOfSecuritiesSold>245770490.00</aggregateSalePriceOfSecuritiesSold>
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          <aggregatePriceOfSecuritiesRedeemedOrRepurchasedAnyPrior>0.00</aggregatePriceOfSecuritiesRedeemedOrRepurchasedAnyPrior>
          <totalAvailableRedemptionCredits>229371524.00</totalAvailableRedemptionCredits>
          <netSales>16398966.00</netSales>
          <redemptionCreditsAvailableForUseInFutureYears>0.00</redemptionCreditsAvailableForUseInFutureYears>
          <multiplierForDeterminingRegistrationFee>0.0001102</multiplierForDeterminingRegistrationFee>
          <registrationFeeDue>1807.17</registrationFeeDue>
        </item5>
        <item7>
          <interestDue>0.00</interestDue>
        </item7>
        <item8>
          <totalOfRegistrationFeePlusAnyInterestDue>1807.17</totalOfRegistrationFeePlusAnyInterestDue>
        </item8>
        <signature>
          <signature>/s/ James W. Giangrasso</signature>
          <nameAndTitle>James W. Giangrasso, Treaserur and Secretary</nameAndTitle>
          <signatureDate>03/28/2023</signatureDate>
        </signature>
      </annualFilingInfo>
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