New Enterprise Associates was founded in 1977 by Dick Kramlich, Chuck Newhall and Frank Bonsal, bridging Silicon Valley and the US East Coast from the start. Across more than four decades it has raised some of the largest venture funds in history.
Diversified multi-stage platform: seed to IPO across both technology and healthcare, with very large funds (recent flagships above $6B).
Enterprise software, consumer, fintech, biotech and healthcare
Salesforce, Tableau, Robinhood, Coursera, Databricks, Cloudflare, Plaid
Salesforce IPO, Tableau ($15.7B to Salesforce), Cloudflare IPO, Robinhood IPO, Coursera IPO
NEA is one of the only top firms that has been a major investor in both tech and biotech continuously since the 1970s, and it spun out a $1B+ portfolio into NewView Capital in 2018.
| Company | Rounds | Invested |
|---|---|---|
| VAST Data DevTools | 1 round | $1B |
| Xaira Therapeutics Biotech | 1 round | $1B |
| Clio LegalTech | 1 round, 1 led | $900M |
| Uniphore AI | 1 round, 1 led | $400M |
| World Labs ai_ml | 2 rounds, 1 led | $330M |
| PayZen fintech | 1 round, 1 led | $232M |
| Omio mobility | 2 rounds | $180M |
| Strive Health Healthtech | 1 round, 1 led | $166M |
| Genies Web3 | 1 round | $150M |
| Factory DevTools | 1 round | $150M |
| Firestorm Labs Hardware | 1 round | $82M |
| Perplexity AI AI | 1 round | $73.6M |
| Built Robotics Robotics | 1 round | $64M |
| Sisu Data AI | 1 round | $62M |
| Sana Labs ai_ml | 1 round, 1 led | $55M |
| Splashtop SaaS B2B | 1 round | $50M |
| Kindred Consumer | 1 round, 1 led | $40M |
| SafeBase Cybersecurity | 1 round | $33M |
| Wispr Flow Consumer | 1 round | $30M |
| Lily AI AI | 1 round | $25M |
| spektr Fintech | 1 round, 1 led | $20M |
| Rocket.Chat SaaS B2B | 1 round | $19M |
| Slash Fintech | 1 round, 1 led | $19M |
| Wheelhouse PropTech | 1 round, 1 led | $16M |
| Bliq Mobility | 1 round, 1 led | $13.5M |
| AI Squared AI | 1 round, 1 led | $6M |
| Regression Games Gaming | 1 round, 1 led | $4.2M |