# New Enterprise Associates: portfolio, investments and team

> New Enterprise Associates is a vc firm based in United States. 1,610 investments on record, 89 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/new-enterprise-associates (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# New Enterprise Associates

Last cheque observed Oct 2026; 1610 cheques on record.

Email

Deploying now New fund $13M, Aug 2026 VC firm

Growth Pre-seed Seed AI & Machine Learning Advertising Artificial Intelligence & Machine Learning (AI/ML)

Follow New Enterprise Associates and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnew-enterprise-associates)

Deploying now

**71%** of best year **89** **cheques in 12 months**, 1,610 on record

Since the last cheque **7** days **00** hrs **00** min **00** sec

Median round **$34M** Rounds led **73 of 1,610** Sole investor **144 rounds** Exits **126 from the portfolio** Mostly in **United States, 74%**

Pitch New Enterprise Associates

## New Enterprise Associates highlights

- 01 89 cheques in the last 12 months
- 02 Mostly Series A and Series B: 47% of its rounds
- 03 Sole investor in 144 rounds, median $10M
- 04 126 exits from the portfolio

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2024-06 From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth Pre-seed Seed Series A Series B
- **Sectors:** AI & Machine Learning Advertising Artificial Intelligence & Machine Learning (AI/ML)
- **Based in:** Menlo Park, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1,610 appearances**

- **2026** 76 rounds
- **Oct** **[Pathos AI](https://millionrounds.com/company/pathos-ai)** Series E · US · Wowtale **$237M** With 3 others
- **Oct** **[Namespace](https://millionrounds.com/company/namespace)** Series B · US · Firms' own news pages **$42M** With 6 others
- **Oct** **[Clockwork.io](https://millionrounds.com/company/clockwork-io)** Series B · Firms' own news pages **$31M** With 4 others
- **Sept** **[Basalt Health](https://millionrounds.com/company/basalt-health)** Series A · US · Ventureburn **$20M** *Led*
- **Sept** **[NG.CASH](https://millionrounds.com/company/ng-cash)** BR · LatamList **$15M** With 4 others
- **Sept** **[Factory](https://millionrounds.com/company/factory)** Growth · US · Google News search **$200M** With 14 others
- **Sept** **[Positron AI](https://millionrounds.com/company/positron-ai)** Series C · Ventureburn **$875M** *Led*
- **Sept** **[Tempest Therapeutics](https://millionrounds.com/company/tempest-therapeutics)** US **$2.5M** With 4 others
- **Sept** **[Tectora Therapeutics](https://millionrounds.com/company/tectora-therapeutics)** Series A · US **$55M** With 1 other
- **Sept** **[Positron](https://millionrounds.com/company/positron)** Series C · US **$500M** With 2 others
- **Sept** **[Tempus](https://millionrounds.com/company/tempus)** Grant · KY **$9.5M** With 3 others
- **Sept** **[Orbis Medicines](https://millionrounds.com/company/orbis-medicines)** Venture · DK **$94M** With 4 others
- **Sept** **[Latitude](https://millionrounds.com/company/latitude)** Series A · FR **$35M** With 3 others
- **Sept** **[Kira](https://millionrounds.com/company/kira)** Venture · US **$15M** With 1 other
- **Aug** **[Wispr](https://millionrounds.com/company/wispr)** Series B · US · TechCrunch **$280M** With 23 others
- **Aug** **[TwelveLabs](https://millionrounds.com/company/twelvelabs)** Series B · US · Ventureburn **$100M** *Led*
- **Aug** **[Horizon3](https://millionrounds.com/company/horizon3)** Series E · US · TechCrunch **$250M** *Led*
- **Jul** **[Centralize](https://millionrounds.com/company/centralize)** Series A · US · Crunchbase News **$15M** *Led*
- **Jul** **[CuspAI](https://millionrounds.com/company/cuspai)** Series B · GB · TechStartups **$450M** *Led*
- **Jul** **[Wonder](https://millionrounds.com/company/wonder)** Growth · US · AlleyWatch **$650M** With 9 others
- **Jul** **[Valarian](https://millionrounds.com/company/valarian)** Series A · GB · Ventureburn **$50M** *Led*
- **Jul** **[Databento](https://millionrounds.com/company/databento)** Series B · US · Ventureburn **$97M** *Led*
- **Jul** **[Shape Therapeutics](https://millionrounds.com/company/shape-therapeutics)** Grant · US **$112M** With 2 others
- **Jul** **[Dandelion Energy](https://millionrounds.com/company/dandelion-energy)** Grant · US **$40M** With 3 others
- **Jul** **[Singularity](https://millionrounds.com/company/singularity)** Series A · SG **$80M** With 4 others
- **Jul** **[P-1 AI](https://millionrounds.com/company/p-1-ai)** Series A · US **$50M** With 4 others
- **Jul** **[PlayVS](https://millionrounds.com/company/playvs)** Venture · US **$4.0M** With 4 others
- **Jul** **[Surf Air](https://millionrounds.com/company/surf-air)** Debt · US **$69M** With 2 others
- **Jul** **[Omio](https://millionrounds.com/company/omio)** Venture · DE **$10M** With 4 others
- **Jul** **[Annexon Biosciences](https://millionrounds.com/company/annexon-biosciences)** Debt · US **$50M** With 3 others
- **Jul** **[Ursa Space Systems](https://millionrounds.com/company/ursa-space-systems)** Venture · US **$28M** With 2 others
- **Jun** **[Hydra Host](https://millionrounds.com/company/hydra-host)** Series A · US · Comcast Ventures **$100M** With 5 others
- **Jun** **[NinjaOne](https://millionrounds.com/company/ninjaone)** Series C · US · Crunchbase News **$400M** With 10 others
- **Jun** **[Corca](https://millionrounds.com/company/corca)** Seed · US · TechStartups **$7.8M** *Led*
- **Jun** **[Golden Analytics](https://millionrounds.com/company/golden-analytics)** Seed · US · Ventureburn **$14M** With 2 others
- **Jun** **[Aurinia Pharmaceuticals](https://millionrounds.com/company/aurinia-pharmaceuticals)** CA **$3.1M** With 2 others
- **Jun** **[Celcuity](https://millionrounds.com/company/celcuity)** Debt · US **$500M** With 3 others
- **Jun** **[Tokenz](https://millionrounds.com/company/tokenz)** Series A · SG **$6.3M** With 5 others
- **May** **[Mirum Pharmaceuticals](https://millionrounds.com/company/mirum-pharmaceuticals)** Debt · US **$600M** With 3 others
- **May** **[Aera Technology](https://millionrounds.com/company/aera-technology)** Venture · US **Undisclosed** With 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 registration **24 named**

AK **Ali K. Behbahani** Manager of the General Partner. i Filing they signed

AA **Anthony Angelo Florence** Manager of the General Partner. i Filing they signed

CR **C. Richard Kramlich** Director of the GP LTD i Filing they signed

CK **Carmen K. Chang** Manager of the General Partner. i Filing they signed

CM **Charles M. Linehan** Director of the GP LTD i Filing they signed

CW **Charles W. Newhall** Director of the GP LTD i Filing they signed

CM **Chetan M. Puttagunta** Manager of the GP LLC i Filing they signed

DM **David M. Mott** Manager of the General Partner. i Filing they signed

ET **Edward T. Mathers** Manager of the General Partner. i Filing they signed

EA **Eugene A. Trainor** Executive Officer of the GP LTD i Filing they signed

FJ **Forest J. Baskett** Manager of the General Partner. i Filing they signed

HR **Harry R. Weller** Director of the GP LTD i Filing they signed

JA **Jerald Amedee Sanchez** Chief Compliance Officer i Form ADV

JM **Jon M. Sakoda** Manager of the GP LLC i Filing they signed

JH **Joshua H. Makower** Manager of the General Partner. i Filing they signed

KJ **Krishna J. Kolluri** Director of the GP LTD i Filing they signed

LA **Liza A Landsman** Manager of the General Partner. i Filing they signed

LK **Liza K. Landsman Gold** Manager of the GP LLC. i Filing they signed

MJ **M. James Barrett** Director of NEA 13 GP, LTD (the ""GP LTD""), the general partner of NEA Partners 13, L.P. (the ""General Partner""), general partner i Filing they signed

MW **Mark W. Perry** Director of the GP LTD i Filing they signed

MH **Mohamad Hassan Makhzoumi** Manager of the General Partner. i Filing they signed

PJ **Patrick J. Kerins** Director of the GP LTD i Filing they signed

PE **Paul E. Walker** Manager of the General Partner. i Filing they signed

PJ **Peter J. Barris** Director of the GP LTD i Filing 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

**$36B** assets it manages Oct 2026

**19+** funds on file numbered funds in its name

**Registered** investment adviser full 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 **18** Private equity **1**

- New Enterprise Associates 14, L.P. *Venture* 220 investors $5.8B
- New Enterprise Associates 16, L.P. *Venture* 239 investors $4.4B
- New Enterprise Associates 17, L.P. *Venture* 246 investors $3.9B
- New Enterprise Associates 15, L.P. *Venture* 216 investors $3.3B
- New Enterprise Associates 18, L.P. *Venture* 294 investors $3.1B
- NEA 18 Venture Growth Equity, L.P. *Venture* 273 investors $2.9B
- NEA 15 Opportunity Fund, L.P. *Venture* 9 investors $1.0B
- New Enterprise Associates 13, L.P. *Venture* 249 investors $797M
- NEA Secondary Opportunity Fund, L.P. *Private equity* 61 investors $627M
- New Enterprise Associates 12, Limited Partnership *Venture* 326 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 System** 13 funds *$1.6B*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed New Enterprise Associates 18 2022 $40M New Enterprise Associates 17 2019 $225M New Enterprise Associates 16 2017 $300M New Enterprise Associates 15 2015 $195M NEA 15 Opportunity Fund 2015 $35M New Enterprise Associates 14 2012 $160M New Enterprise Associates XIII 2009 $65M New Enterprise Associates 12 2006 $160M and 5 more
- [**Washington State Investment Board** 2 funds *$160M*](https://millionrounds.com/fund/washington-state-investment-board) Fund Vintage Committed New Enterprise Associates 12 2006 $50M New Enterprise Associates 10 2000 $110M

## Exits from the portfolio

Companies it backed that were later bought or listed **126 in all**

**[AppSheet](https://millionrounds.com/company/appsheet)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jan 2020

**[GridPoint](https://millionrounds.com/company/gridpoint)** Bought by Twenty First Century Utilities **Undisclosed** Nov 2015

**[hopOn, Inc.](https://millionrounds.com/company/hopon-inc)** Bought by BLADE Boston **Undisclosed** Nov 2015

**[Cardioxyl Pharmaceuticals](https://millionrounds.com/company/cardioxyl-pharmaceuticals)** Bought by [Bristol-Myers Squibb](https://millionrounds.com/fund/bristol-myers-squibb) **$2.0B** Nov 2015

**[Cleversafe](https://millionrounds.com/company/cleversafe)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **$1.3B** Oct 2015

**[Millennial Media](https://millionrounds.com/company/millennial-media)** Bought by [AOL](https://millionrounds.com/fund/aol) **$238M** Sept 2015

**[Wedding Party](https://millionrounds.com/company/wedding-party)** Bought by [Instacart](https://millionrounds.com/fund/instacart) **Undisclosed** Aug 2015

**[Oculeve](https://millionrounds.com/company/oculeve)** Bought by [Allergan](https://millionrounds.com/fund/allergan) **$125M** Jul 2015

**[Xoom Corporation](https://millionrounds.com/company/xoom-corporation)** Bought by PayPal **$890M** Jul 2015

**[Mediaocean](https://millionrounds.com/company/mediaocean)** Bought by [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) **Undisclosed** Jun 2015

**[newBrandAnalytics](https://millionrounds.com/company/newbrandanalytics)** Bought by Sprinklr **Undisclosed** Jun 2015

**[Websense](https://millionrounds.com/company/websense)** Bought by Raytheon Co. **$1.9B** Apr 2015

**[Motion Computing](https://millionrounds.com/company/motion-computing)** Bought by Xplore Technologies **$9.0M** Apr 2015

**[Embrane](https://millionrounds.com/company/embrane)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Apr 2015

**[Hyperion Therapeutics](https://millionrounds.com/company/hyperion-therapeutics)** Bought by Horizon Pharma **$1.1B** Mar 2015

**[Pentaho](https://millionrounds.com/company/pentaho)** Bought by [Hitachi Data Systems](https://millionrounds.com/fund/hitachi-data-systems) **Undisclosed** Feb 2015

**[Enverv](https://millionrounds.com/company/enverv)** Bought by [Semtech](https://millionrounds.com/fund/semtech) **Undisclosed** Jan 2015

**[Wit.ai](https://millionrounds.com/company/wit-ai)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Jan 2015

**[Prosensa](https://millionrounds.com/company/prosensa)** Bought by BioMarin Pharmaceutical **$840M** Nov 2014

**[Topera](https://millionrounds.com/company/topera)** Bought by [Abbott Labs](https://millionrounds.com/fund/abbott-labs) **$250M** Oct 2014

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

New fund on file

**$13M**

raised in Aug 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Growth Pre-seed Seed

Median round joined **$34M** the round, not its cheque Alone, median **$10M**

Led 73 of 1,610 rounds **5%**

- **Sole investor:** 144 rounds
- **Last cheque:** Oct 2026
- **Exits:** 126 from the portfolio

Rounds by stage said on their site

- Series A said *314*
- Series B said *313*
- Venture *230*
- Series C *211*
- Seed said *147*
- Series D *122*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 59
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 57
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 47
- [SV Angel](https://millionrounds.com/fund/sv-angel) 44
- [Accel](https://millionrounds.com/fund/accel) 43
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 43

**Pitching New Enterprise Associates?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## 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.

[**Lightspeed Venture Partners** VC firm **59** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Andreessen Horowitz** VC firm **57** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Alumni Ventures** VC firm **47** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**SV Angel** VC firm **44** rounds together](https://millionrounds.com/fund/sv-angel)[**Accel** VC firm **43** rounds together](https://millionrounds.com/fund/accel)[**Sequoia Capital** VC firm **43** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Y Combinator** Accelerator **43** rounds together](https://millionrounds.com/fund/y-combinator)[**Greylock** VC firm **41** rounds together](https://millionrounds.com/fund/greylock-partners)[**Kleiner Perkins Caufield & Byers** VC firm **41** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Google Ventures** Corporate VC **40** rounds together](https://millionrounds.com/fund/gv)[**Index Ventures** VC firm **36** rounds together](https://millionrounds.com/fund/index-ventures)[**Bessemer Venture Partners** VC firm **32** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)

## Recently backed

The latest companies New Enterprise Associates put money into.

[**Namespace** $42M · Oct 2026](https://millionrounds.com/company/namespace)[**Basalt Health** $20M · Sept 2026](https://millionrounds.com/company/basalt-health)[**NG.CASH** $15M · Sept 2026](https://millionrounds.com/company/ng-cash)[**Factory** $200M · Sept 2026](https://millionrounds.com/company/factory)[**Positron AI** $875M · Sept 2026](https://millionrounds.com/company/positron-ai)[**Tempest Therapeutics** $2.5M · Sept 2026](https://millionrounds.com/company/tempest-therapeutics)

## Mentioned on podcasts

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

- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 3 Jul 2024 · 1h 3m NEA's Peter Barris - From operator to VC legend, how Peter transformed NEA into a venture juggernaut With [Peter Barris](https://millionrounds.com/person/peter-barris) Mentions [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Apple PodcastsShow page
- [Equity](https://millionrounds.com/podcasts/equity) 12 Jun 2024 · 28 min NEA’s Vanessa Larco says generative AI will change the SaaS pricing model - and that’s a good thing With [Vanessa Larco](https://millionrounds.com/person/vanessa-larco) Mentions [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Apple PodcastsShow page
- [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 8 Feb 2023 · 18 min Delivering A Better Healthcare Experience: Everside Health CEO Chris Miller Mentions [Alta Partners](https://millionrounds.com/fund/alta-partners)[Greenspring Associates](https://millionrounds.com/fund/greenspring-associates)[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Apple PodcastsShow page
- [Grit](https://millionrounds.com/podcasts/grit) 30 Aug 2021 · 46 min Head of Revenue and BD at Asana, Oliver Jay: The Cutting Edge of Product-Led Growth With [Oliver Jay](https://millionrounds.com/person/oliver-jay) Mentions [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Apple PodcastsShow page
- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 31 Jan 2021 · 40 min Jon Sakoda, Founder, Decibel Partners on investing and importance of having a coach for early stage founders With [Jon Sakoda](https://millionrounds.com/person/jon-sakoda) Mentions [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Apple Podcasts

## 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).

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