New Enterprise Associates (NEA)

Venture capital firm
Menlo Park, California, USAFounded 1977$35.6B AUMwww.nea.com

Relationship-driven venture firm backing ambitious founders across AI, enterprise, healthcare, fintech, and consumer from seed to IPO.

Strategy

Stages
SeedSeries ASeries BGrowth
Sectors
AIEnterpriseHealthcareFintechConsumerVertical AI
Geographies
USAMenlo Park, California, USA
Check size
$500K–$100M

Recent changes

  1. Sep 10, 2026Invested in Positron AI (Series C, $875M) PR Newswire (company announcement)
  2. Sep 5, 2026Stages updated: Seed, Series A, Series B, Growth nea.com
  3. Sep 5, 2026Check size updated: $500K–$100M nea.com
  4. Sep 5, 2026Sectors updated: AI, Enterprise, Healthcare, Fintech, Consumer, Vertical AI nea.com
  5. Aug 3, 2026Invested in Horizon3.ai (Series E, $250M) TechCrunch
Earlier changes (13)
  1. Aug 3, 2026Follow-on: Invested in TwelveLabs (Series B, $100M) GlobeNewswire
  2. Jul 20, 2026Invested in CuspAI (Series B, $450M) CNBC
  3. Jul 1, 2026Invested in TwelveLabs (Series B, $100M) PYMNTS
  4. Dec 18, 2025New fund: New Enterprise Associates (NEA) Fund 19 SEC EDGAR Form D
  5. May 24, 2022New fund: New Enterprise Associates (NEA) Fund 18 (target $2.9B) SEC EDGAR Form D
  6. Mar 1, 2019New fund: New Enterprise Associates (NEA) Fund 17 (target $3.6B) SEC EDGAR Form D
  7. Jan 17, 2017New fund: New Enterprise Associates (NEA) Fund 16 (target $3B) SEC EDGAR Form D
  8. 2017New fund: New Enterprise Associates (NEA) Fund XVI ($3.3B) Wikipedia
  9. Apr 15, 2015New fund: New Enterprise Associates (NEA) Opportunity Fund 15 ($350M) SEC EDGAR Form D
  10. Jan 13, 2015New fund: New Enterprise Associates (NEA) Fund 15 (target $2.5B) SEC EDGAR Form D
  11. 2015New fund: New Enterprise Associates (NEA) Fund XV ($3.1B) Wikipedia
  12. 2012New fund: New Enterprise Associates (NEA) Fund XIV ($2.6B) Wikipedia
  13. 2010New fund: New Enterprise Associates (NEA) Fund XIII ($2.5B) Wikipedia

Funds

10
FundVintageSizeStrategySource
New Enterprise Associates (NEA) Fund 192025Flagship
As of Dec 18, 2025SEC EDGAR Form D
New Enterprise Associates (NEA) Fund 182022target $2.9BFlagship
As of May 24, 2022SEC EDGAR Form D
New Enterprise Associates (NEA) Fund 172019target $3.6BFlagship
As of Mar 1, 2019SEC EDGAR Form D
New Enterprise Associates (NEA) Fund 162017target $3BFlagship
As of Jan 17, 2017SEC EDGAR Form D
New Enterprise Associates (NEA) Fund XVI2017$3.3BOther
As of 2017Wikipedia
Show 5 earlier funds
FundVintageSizeStrategySource
New Enterprise Associates (NEA) Opportunity Fund 152015$350MOpportunity
As of Apr 15, 2015SEC EDGAR Form D
New Enterprise Associates (NEA) Fund 152015target $2.5BFlagship
As of Jan 13, 2015SEC EDGAR Form D
New Enterprise Associates (NEA) Fund XV2015$3.1BOther
As of 2015Wikipedia
New Enterprise Associates (NEA) Fund XIV2012$2.6BOther
As of 2012Wikipedia
New Enterprise Associates (NEA) Fund XIII2010$2.5BOther
As of 2010Wikipedia

Portfolio

7 total

Recent Investment Activity

5

Sector / Stage Activity

By sector (portfolio)
AI infra
4 · 57%
Cybersecurity
1 · 14%
Fintech
1 · 14%
Semiconductors
1 · 14%
By stage (tracked rounds)
Series B
3 · 60%
Series C
1 · 20%
Series E
1 · 20%

Co-Investors

12

Latest Pulse

Pulse coverage →
  1. P-1 AI Raises $50M to Automate Engineering DesignP-1 AI raised a $50M Series A led by NEA for Archie, an AI agent that performs mechanical and electrical design work -- one of the few funding stories this week aimed at industrial engineering rather than software.
  2. TwelveLabs Raises $100M to Build Video SuperintelligenceTwelveLabs raised a $100M Series B co-led by NEA and NAVER Ventures to expand beyond video-understanding models into a full-stack agentic system combining perception, knowledge and reasoning for video.
  3. Bezos Backs CuspAI's $450M Round to Hunt Chip MaterialsCuspAI raised a $450 million Series B at a $2.6 billion valuation, roughly five times its mark nine months ago, with Bezos Expeditions joining Kleiner Perkins and NEA as the Cambridge startup launches an AI Materials Foundry with Nvidia and Meta.
  4. TwelveLabs Raises $100M Series B to Build 'Video Superintelligence,' Deepens AWS PartnershipTwelveLabs closed a $100 million Series B on July 1, co-led by NEA and Naver Ventures with Amazon participating directly, pushing total funding above $200 million. The company builds foundation models that understand video the way humans do, and is expanding from video-understanding models into a full-stack agentic system combining perception, knowledge and reasoning, while committing AWS Trainium as its preferred inference chip.
  5. Serial Founder Bhavin Turakhia Bets $30M of His Own Money on an AI Alternative to Microsoft OfficeIndian serial entrepreneur Bhavin Turakhia is self-funding $30 million into Neo, a new enterprise software company betting that workplace productivity tools designed before the AI era need to be rebuilt from scratch rather than upgraded with bolted-on chatbots. Turakhia, who has previously co-founded Directi, Radix, Titan and banking software firm Zeta — largely bootstrapping each with his own capital before bringing in outside investors — told TechCrunch he sees the AI shift as significant enough to justify a ground-up rebuild of office software.
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