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New Enterprise Associates

North America, California, United States, Menlo Park

Description

New Enterprise Associates (NEA) stands as one of the most established and prominent venture capital firms globally, with a rich history dating back to its founding in 1977. Headquartered in Menlo Park, California, NEA has cultivated a reputation for being a prolific investor across various stages, primarily focusing on transformative technology and healthcare companies. Its extensive experience, spanning over four decades, has allowed it to navigate multiple economic cycles and build a robust portfolio of industry-leading companies, solidifying its position as a cornerstone of the venture capital ecosystem.

NEA employs a comprehensive, multi-stage investment strategy, deploying capital from seed-stage startups to late-stage growth equity rounds. Within technology, their investments span enterprise software, consumer internet, fintech, and cybersecurity, among others. In healthcare, they demonstrate deep expertise across biopharma, medical devices, and healthcare IT. This broad yet specialized approach enables NEA to support companies throughout their lifecycle, providing not just capital but also strategic guidance, operational support, and access to a vast network of industry contacts. Their commitment extends to fostering innovation and scaling businesses with global ambitions.

The firm's significant capital base underscores its capacity for substantial investments. In 2023, NEA closed its latest flagship fund, NEA 18, at an impressive $6.2 billion, one of the largest venture capital funds ever raised. This substantial fund empowers NEA to make initial investments ranging from early-stage commitments of approximately $1 million for promising seed rounds to over $100 million for leading significant growth equity rounds in mature companies. Their long-standing track record includes numerous successful IPOs and strategic acquisitions, demonstrating their ability to identify and nurture companies that achieve significant market impact and deliver strong returns for their limited partners.

Investor Profile

New Enterprise Associates has backed more than 2,137 startups, with 58 new investments in the last 12 months alone. The firm has led 726 rounds, about 34% of its total and boasts 596 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, India, China.
  • Strong thematic focus on Software, Health Care, Biotechnology.
  • Led 26 rounds in the past year.
  • Typical check size: $1M – $100M.

Stage Focus

  • Series B (21%)
  • Series A (20%)
  • Series Unknown (17%)
  • Series C (14%)
  • Seed (9%)
  • Series D (7%)
  • Post Ipo Equity (4%)
  • Series E (3%)
  • Series F (2%)
  • Debt Financing (1%)

Country Focus

  • United States (90%)
  • India (2%)
  • China (2%)
  • United Kingdom (1%)
  • Canada (1%)
  • Germany (1%)
  • Switzerland (1%)

Industry Focus

  • Software
  • Health Care
  • Biotechnology
  • Information Technology
  • Medical
  • Enterprise Software
  • Saas
  • Internet
  • Artificial Intelligence (Ai)
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does New Enterprise Associates frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 40
Canaan Partners
North America, California, United States, Menlo Park
Co-Investments: 43
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 68
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 53
Accel
North America, California, United States, Palo Alto
Co-Investments: 58
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 42
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 63
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 57
Greylock
North America, California, United States, Menlo Park
Co-Investments: 46
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 46

Which angels does New Enterprise Associates often collaborate with?

WC
North America, New York, United States, Manhattan
Shared Deals: 5
ES
North America, California, United States, Mountain View
Shared Deals: 5
PB
North America, California, United States, Mountain View
Shared Deals: 5
MB
North America, California, United States, San Francisco
Shared Deals: 5
AW
North America, California, United States, San Francisco
Shared Deals: 5
TL
North America, District of Columbia, United States, Washington
Shared Deals: 11
MC
North America, Texas, United States, Dallas
Shared Deals: 10
AK
North America, California, United States, Los Angeles
Shared Deals: 5
SP
North America, California, United States, San Francisco
Shared Deals: 5
EG
North America, California, United States, San Francisco
Shared Deals: 5

What are some of recent deals done by New Enterprise Associates?

Aurelian

Houston, Texas, United States

Aurelian is an AI platform designed to automate routes, triage, and resolve non-emergency police calls.

Artificial Intelligence (AI)Call CenterSoftware
Series AAug 27, 2025
Amount Raised: $14,000,000
Bluefish Labs

New York, New York, United States

Bluefish helps brands turn AI into a powerful new marketing channel to reach consumers and tell their story online.

Artificial Intelligence (AI)Information TechnologyMarketing
Series AAug 20, 2025
Amount Raised: $20,000,000
Ohai.ai

New York, New York, United States

Ohai.ai provides an AI-powered assistant that manages household schedules and coordinates family calendars.

Artificial Intelligence (AI)Information ServicesSoftware
SeedAug 19, 2025
X4 Pharmaceuticals

Cambridge, Massachusetts, United States

X4 Pharmaceuticals is a clinical-stage oncology company developing oral small molecule CXCR4 antagonists for the treatment.

BiotechnologyClinical TrialsHealth CareOncologyPharmaceuticalTherapeutics
Post Ipo EquityAug 12, 2025
Amount Raised: $85,000,000
SetPoint Medical

Valencia, California, United States

SetPoint Medical provides a device-based therapy for rheumatoid arthritis.

BiotechnologyHealth CareMedicalTherapeutics
Series DAug 11, 2025
Amount Raised: $115,000,000
Translucent AI

New York, New York, United States

Translucent AI develops an AI-powered financial platform tailored for healthcare operators.

Artificial Intelligence (AI)Financial ServicesHealth Care
SeedAug 6, 2025
Amount Raised: $7,000,000
Elion

New York, New York, United States

Elion is a digital health software marketplace for healthcare providers.

Health CareInformation ServicesInformation TechnologySoftware
SeedAug 6, 2025
Amount Raised: $9,300,000
August

New York, New York, United States

August is a configurable legal AI platform designed specifically for law firms and legal professionals.

Artificial Intelligence (AI)Developer PlatformInformation TechnologySoftware
SeedAug 5, 2025
Amount Raised: $7,000,000
Courtyard

San Francisco, California, United States

Courtyard is an online marketplace for trading cards & digital packs

BlockchainFinTechMarketplaceNon-Fungible Token (NFT)
Series AJul 24, 2025
Amount Raised: $30,000,000
Swift Navigation

San Francisco, California, United States

Swift Navigation is a technology company that provides precise positioning solutions for advanced automotive driver-assistance systems.

Autonomous VehiclesGPSHardwareRoboticsSoftware
Series EJul 23, 2025
Amount Raised: $50,000,000