United States · Investor

New Enterprise Associates

Last cheque observed Oct 2026; 1610 cheques on record.

Deploying nowNew fund $13M, Aug 2026VC firm

GrowthPre-seedSeedAI & Machine LearningAdvertisingArtificial Intelligence & Machine Learning (AI/ML)

Deploying now
71%of best year89cheques in 12 months, 1,610 on record
Since the last cheque7days00hrs00min00sec
Median round$34MRounds led73 of 1,610Sole investor144 roundsExits126 from the portfolioMostly inUnited States, 74%
Pitch New Enterprise Associates

New Enterprise Associates highlights

  1. 01

    89 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 47% of its rounds

  3. 03

    Sole investor in 144 rounds, median $10M

  4. 04

    126 exits from the portfolio

What they do

Filed 1 private fund offering with the SEC, the most recent in 2024-06From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
GrowthPre-seedSeedSeries ASeries B
Sectors
AI & Machine LearningAdvertisingArtificial Intelligence & Machine Learning (AI/ML)
Based in
Menlo Park, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first1,610 appearances

  1. 2026

    76 rounds

  2. Oct
    Pathos AISeries E · US · Wowtale$237MWith 3 others
  3. Oct
    NamespaceSeries B · US · Firms' own news pages$42MWith 6 others
  4. Oct
    Clockwork.ioSeries B · Firms' own news pages$31MWith 4 others
  5. Sept
    Basalt HealthSeries A · US · Ventureburn$20MLed
  6. Sept
    NG.CASHBR · LatamList$15MWith 4 others
  7. Sept
    FactoryGrowth · US · Google News search$200MWith 14 others
  8. Sept
    Positron AISeries C · Ventureburn$875MLed
  9. Sept
    Tempest TherapeuticsUS$2.5MWith 4 others
  10. Sept
    Tectora TherapeuticsSeries A · US$55MWith 1 other
  11. Sept
    PositronSeries C · US$500MWith 2 others
  12. Sept
    TempusGrant · KY$9.5MWith 3 others
  13. Sept
    Orbis MedicinesVenture · DK$94MWith 4 others
  14. Sept
    LatitudeSeries A · FR$35MWith 3 others
  15. Sept
    KiraVenture · US$15MWith 1 other
  16. Aug
    WisprSeries B · US · TechCrunch$280MWith 23 others
  17. Aug
    TwelveLabsSeries B · US · Ventureburn$100MLed
  18. Aug
    Horizon3Series E · US · TechCrunch$250MLed
  19. Jul
    CentralizeSeries A · US · Crunchbase News$15MLed
  20. Jul
    CuspAISeries B · GB · TechStartups$450MLed
  21. Jul
    WonderGrowth · US · AlleyWatch$650MWith 9 others
  22. Jul
    ValarianSeries A · GB · Ventureburn$50MLed
  23. Jul
    DatabentoSeries B · US · Ventureburn$97MLed
  24. Jul
    Shape TherapeuticsGrant · US$112MWith 2 others
  25. Jul
    Dandelion EnergyGrant · US$40MWith 3 others
  26. Jul
    SingularitySeries A · SG$80MWith 4 others
  27. Jul
    P-1 AISeries A · US$50MWith 4 others
  28. Jul
    PlayVSVenture · US$4.0MWith 4 others
  29. Jul
    Surf AirDebt · US$69MWith 2 others
  30. Jul
    OmioVenture · DE$10MWith 4 others
  31. Jul
    Annexon BiosciencesDebt · US$50MWith 3 others
  32. Jul
    Ursa Space SystemsVenture · US$28MWith 2 others
  33. Jun
    Hydra HostSeries A · US · Comcast Ventures$100MWith 5 others
  34. Jun
    NinjaOneSeries C · US · Crunchbase News$400MWith 10 others
  35. Jun
    CorcaSeed · US · TechStartups$7.8MLed
  36. Jun
    Golden AnalyticsSeed · US · Ventureburn$14MWith 2 others
  37. Jun
    Aurinia PharmaceuticalsCA$3.1MWith 2 others
  38. Jun
    CelcuityDebt · US$500MWith 3 others
  39. Jun
    TokenzSeries A · SG$6.3MWith 5 others
  40. May
    Mirum PharmaceuticalsDebt · US$600MWith 3 others
  41. May
    Aera TechnologyVenture · USUndisclosedWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration24 named

AKAli K. BehbahaniManager of the General Partner.iFiling they signed
AAAnthony Angelo FlorenceManager of the General Partner.iFiling they signed
CRC. Richard KramlichDirector of the GP LTDiFiling they signed
CKCarmen K. ChangManager of the General Partner.iFiling they signed
CMCharles M. LinehanDirector of the GP LTDiFiling they signed
CWCharles W. NewhallDirector of the GP LTDiFiling they signed
CMChetan M. PuttaguntaManager of the GP LLCiFiling they signed
DMDavid M. MottManager of the General Partner.iFiling they signed
ETEdward T. MathersManager of the General Partner.iFiling they signed
EAEugene A. TrainorExecutive Officer of the GP LTDiFiling they signed
FJForest J. BaskettManager of the General Partner.iFiling they signed
HRHarry R. WellerDirector of the GP LTDiFiling they signed
JAJerald Amedee SanchezChief Compliance OfficeriForm ADV
JMJon M. SakodaManager of the GP LLCiFiling they signed
JHJoshua H. MakowerManager of the General Partner.iFiling they signed
KJKrishna J. KolluriDirector of the GP LTDiFiling they signed
LALiza A LandsmanManager of the General Partner.iFiling they signed
LKLiza K. Landsman GoldManager of the GP LLC.iFiling they signed
MJM. James BarrettDirector of NEA 13 GP, LTD (the ""GP LTD""), the general partner of NEA Partners 13, L.P. (the ""General Partner""), general partneriFiling they signed
MWMark W. PerryDirector of the GP LTDiFiling they signed
MHMohamad Hassan MakhzoumiManager of the General Partner.iFiling they signed
PJPatrick J. KerinsDirector of the GP LTDiFiling they signed
PEPaul E. WalkerManager of the General Partner.iFiling they signed
PJPeter J. BarrisDirector of the GP LTDiFiling they signed

We also hold 112 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$36Bassets it managesOct 2026
19+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
Legal name
NEA Management Company, LLC
SEC number
CRD 161004

Funds on its Form ADV

19 private funds, $27B in gross assets · filed Nov 2024

Venture 18Private equity 1

  1. New Enterprise Associates 14, L.P.Venture220 investors$5.8B
  2. New Enterprise Associates 16, L.P.Venture239 investors$4.4B
  3. New Enterprise Associates 17, L.P.Venture246 investors$3.9B
  4. New Enterprise Associates 15, L.P.Venture216 investors$3.3B
  5. New Enterprise Associates 18, L.P.Venture294 investors$3.1B
  6. NEA 18 Venture Growth Equity, L.P.Venture273 investors$2.9B
  7. NEA 15 Opportunity Fund, L.P.Venture9 investors$1.0B
  8. New Enterprise Associates 13, L.P.Venture249 investors$797M
  9. NEA Secondary Opportunity Fund, L.P.Private equity61 investors$627M
  10. New Enterprise Associates 12, Limited PartnershipVenture326 investors$209M

And 9 more on the filing.

Who backs their funds

2 LPs on record in New Enterprise Associates's funds

Committed
$1.8B
Funds
13
Vintages
1998 to 2022

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.

  • California State Teachers Retirement System13 funds$1.6B
    FundVintageCommitted
    New Enterprise Associates 182022$40M
    New Enterprise Associates 172019$225M
    New Enterprise Associates 162017$300M
    New Enterprise Associates 152015$195M
    NEA 15 Opportunity Fund2015$35M
    New Enterprise Associates 142012$160M
    New Enterprise Associates XIII2009$65M
    New Enterprise Associates 122006$160M

    and 5 more

  • Washington State Investment Board2 funds$160M
    FundVintageCommitted
    New Enterprise Associates 122006$50M
    New Enterprise Associates 102000$110M

Exits from the portfolio

Companies it backed that were later bought or listed126 in all

AppSheetBought by GoogleUndisclosedJan 2020
GridPointBought by Twenty First Century UtilitiesUndisclosedNov 2015
hopOn, Inc.Bought by BLADE BostonUndisclosedNov 2015
Millennial MediaBought by AOL$238MSept 2015
Wedding PartyBought by InstacartUndisclosedAug 2015
OculeveBought by Allergan$125MJul 2015
Xoom CorporationBought by PayPal$890MJul 2015
MediaoceanBought by Vista Equity PartnersUndisclosedJun 2015
newBrandAnalyticsBought by SprinklrUndisclosedJun 2015
WebsenseBought by Raytheon Co.$1.9BApr 2015
Motion ComputingBought by Xplore Technologies$9.0MApr 2015
EmbraneBought by CiscoUndisclosedApr 2015
Hyperion TherapeuticsBought by Horizon Pharma$1.1BMar 2015
PentahoBought by Hitachi Data SystemsUndisclosedFeb 2015
EnvervBought by SemtechUndisclosedJan 2015
Wit.aiBought by FacebookUndisclosedJan 2015
ProsensaBought by BioMarin Pharmaceutical$840MNov 2014
ToperaBought by Abbott Labs$250MOct 2014

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as New Enterprise Associates. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies New Enterprise Associates put money into.

Mentioned on podcasts

Episodes that name New Enterprise Associates in their description, not their title.

Quick answers about New Enterprise Associates

What does New Enterprise Associates invest in?

New Enterprise Associates invests most often at Series A and Series B (47% of the rounds on record), in sectors such as AI & Machine Learning, Advertising and Artificial Intelligence & Machine Learning (AI/ML).

How active is New Enterprise Associates?

1,610 investments on record, 89 of them in the last 12 months, and it led 73. The most recent was in Oct 2026.

What has New Enterprise Associates invested in recently?

Its most recent investments on record: Pathos AI (Series E, Oct 2026), Namespace (Series B, Oct 2026) and Clockwork.io (Series B, Oct 2026).

How big are New Enterprise Associates's cheques?

The median round it joins is $34M.

Does New Enterprise Associates lead rounds?

Sometimes: it led 73 of its 1,610 investments on record (5%).

Where does New Enterprise Associates invest?

Most of the companies it backs are in the United States (74%), the United Kingdom (5%) and Singapore (5%).

Is New Enterprise Associates investing now?

Yes: it is actively investing, with 89 investments in the last 12 months.

Who does New Enterprise Associates invest alongside?

Most often Lightspeed Venture Partners (59 rounds together), Andreessen Horowitz (57 rounds together) and Alumni Ventures (47 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it