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New Enterprise Associates (NEA)

Menlo Park, CA · Invests in US; UK; Asia; Europe · Website

Pre-SeedSeedSeries ASeries BConsumer Apps & SocialTravel & HospitalityB2B SaaSAI & Machine LearningDeveloper ToolsFintechEnterprise SoftwareDeveloper Tools & InfrastructureFintech & PaymentsHealthcare & Digital HealthBiotech & Life SciencesAerospace & DefenseManufacturing & Industrial

Thesis

NEA partners with ambitious founders at every stage of company building, from pre-seed through IPO. They invest at the intersection of technology and healthcare, believing the most transformational innovation occurs where deep domain expertise meets world-class technical founders. NEA serves as both capital provider and active operator.

Likely not a fit for

Non-technical founding teams without domain expertise. Mature markets without innovation moats. Single-founder companies. Short-term financial engineering plays.

How they invest

Lead or follow
Leads or follows
Typical decision
~2 months
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$28B
Decision process
Partnership vote

Partners & team

10 contacts on file

AJ

Arjun Jain

PartnerPartner · Primary contact

+ Pitch

a•••@ne•••.com

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SS

Sachin Shah

PartnerPartner

+ Pitch

s•••@ne•••.com

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SS

Scott Sandell

InvestorExecutive Chairman & Chief Investment Officer

+ Pitch

s•••@ne•••.com

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TF

Tony Florence

Co-CEO

+ Pitch

t•••@ne•••.com

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MM

Mohamad Makhzoumi

Co-CEO

+ Pitch

m•••@ne•••.com

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RY

Rick Yang

PartnerPartner, Head of Technology

+ Pitch

r•••@ne•••.com

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AB

Ali Behbahani

PartnerPartner, Co-Head of Healthcare

+ Pitch

a•••@ne•••.com

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PW

Paul Walker

PartnerPartner, Co-Head of Healthcare

+ Pitch

p•••@ne•••.com

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LT

Lila Tretikov

PartnerPartner, Head of AI Strategy

+ Pitch

l•••@ne•••.com

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CC

Carmen Chang

PartnerPartner, Head of Asia

+ Pitch

c•••@ne•••.com

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Portfolio

CloudflareSecurity Cyber

Cloudflare is a connectivity cloud platform that provides over 60 networking, security, and performance services to enhance the security and performance of applications and websites. The company focuses on modernizing applications, security, and networks for businesses of all sizes, from small organizations to large enterprises.

MongoDBEnterprise Software

MongoDB is the world’s leading modern database platform, providing a flexible and scalable solution for developers to build applications with ease. It offers a range of products including cloud databases, search capabilities, and tools for data management.

DatabricksDeveloper Tools Infra

Databricks is a leading Data and AI platform that empowers enterprises to build and scale data and AI applications, analytics, and agents. With a unified Data Intelligence Platform, it serves over 20,000 organizations globally, including more than 60% of the Fortune 500.

CourseraEdtech

Coursera partners with over 350 leading universities and companies to offer flexible, affordable, job-relevant online learning opportunities, including courses, professional certificates, and degree programs.

RobinhoodFintech Payments

Robinhood is a financial services company that offers commission-free trading in stocks, options, and cryptocurrencies, aiming to democratize finance for all.

Plaid

Plaid is a financial technology company that enables businesses to build innovative fintech solutions by providing access to consumer financial data. Their platform supports a variety of services including payments, fraud detection, personal finance insights, and credit underwriting, facilitating seamless connections between users and their financial institutions.

CRISPR TherapeuticsBiotech Life Sciences

CRISPR Therapeutics is a leading gene editing company focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform.

TempusHealthcare Digital

Tempus is an AI-enabled precision medicine company that accelerates the discovery of novel targets, predicts treatment effectiveness, identifies clinical trials, and diagnoses diseases earlier through innovative technology and data-driven insights.

PerplexityEnterprise Software

Perplexity is AI for people who expect more. Our products serve those whose questions spark change and whose decisions bend the world toward progress. We obsess over the details so our users can obsess over what comes next.

PulumiDeveloper Tools Infra

Pulumi provides a platform for Infrastructure as Code (IaC) that allows developers to manage cloud infrastructure using real programming languages like TypeScript, Python, Go, C#, and Java. It integrates various tools for secrets management, policy governance, and AI automation to streamline the infrastructure deployment process.

PatreonEcommerce Marketplaces

Patreon is a platform that empowers creators to build communities and earn a sustainable income through membership subscriptions.

MergeEnterprise Software

Merge is the leading provider of customer-facing integrations and agent tools for frontier LLMs, Fortune 500 organizations, and B2B SaaS companies.

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Research briefRead more
New Enterprise Associates (NEA) Research Investment Thesis New Enterprise Associates (NEA) is one of the world's largest and most established venture capital firms, founded in 1977. NEA operates at the intersection of two major sectors—technology and healthcare—believing that the most transformational innovation occurs where deep domain expertise meets world-class technical founders. Their core th

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