Company Profile
New Enterprise Associates (NEA) is a venture capital firm founded in 1977 and headquartered in both Chevy Chase, Maryland and Menlo Park, California. With more than $25 billion under management, NEA is one of the largest venture capital platforms in the world. It is stage-agnostic, investing from seed to growth, and focuses heavily on technology and healthcare. Over nearly five decades, NEA has backed some of the most transformative companies of our time, including Salesforce, Workday, Robinhood, Google, and biotech pioneers such as 23andMe. Its portfolio boasts more than 260 IPOs and 440+ M&A transactions, reflecting unparalleled breadth and success.
The firm employs around 126 professionals across offices in Chevy Chase, Menlo Park, San Francisco, and New York. Its strategy is long-term and highly collaborative: NEA often invests at inception and remains involved through IPO and beyond. Its scale allows it to dedicate specialized practice groups to enterprise software, consumer tech, fintech, healthcare IT, biotech, and medical devices. NEA has consistently raised some of the largest VC funds in history, including a $6.2 billion vehicle in 2022. With its combination of size, sector expertise, and track record, NEA is considered a cornerstone of global venture capital and continues to influence the next generation of disruptive innovation.
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