Multi-stage VC, Menlo Park + Chevy Chase

NEA

Venture capital firm · Menlo Park · Founded 1977

Quick read

NEA (New Enterprise Associates), a multi-stage VC firm founded in 1977, is headquartered in Menlo Park, CA with a second major office in Chevy Chase, MD. With over $25 billion in cumulative committed capital and more than 1,260 portfolio companies, it's one of the largest VC firms in the world. Two parallel practices — technology and healthcare — operate under one roof, each led by long-tenured managing general partners, with an average GP tenure of 17 years.

Key facts

Founded
1977
Founders
Dick Kramlich, Frank A. Bonsal Jr.
Employees
126
Sectors
generalist, healthcare, enterprise, ai, fintech
Website
www.nea.com

Investment thesis

NEA backs founders from seed through IPO across technology and healthcare, running separate dedicated practices for each. The firm prioritizes long-term partnerships over marketing, promotes all general partners internally, and writes checks at every stage — from early seed rounds to large growth financings in enterprise software, AI, biotech, and digital health.

Recent activity

  • Apr 2026investment
    NEA participated in Spektr's $20M Series A alongside Northzone and PSV Deeptech. Spektr builds compliance software and counts Santander and Pleo among its customers. tracxn.com
  • Mar 2026investment
    NEA co-invested in Nitra's Series B round. caplight.com
  • Feb 2026investment
    NEA co-invested in World Labs' Series B. caplight.com
  • Feb 2026investment
    NEA co-invested in Databricks' Series L round. caplight.com
  • Feb 2026investment
    NEA led Databento's $97M Series B, with DRW, Redpoint, and Tribe Capital participating. Databento provides real-time global market data infrastructure. linkedin.com
  • Jan 2026investment
    NEA participated in Synthesia's Series E. The AI video platform hit $100M ARR and secured a strategic investment from Adobe alongside the round. caplight.com
  • Jun 2025press
    NEA's AUM stood at over $28 billion as of June 2025, with the firm active across fund vehicles NEA 14 through 17. Portfolio count reached approximately 1,186 companies including 49 unicorns. angelinvestorsnetwork.com
  • Jul 2025press
    Verona Pharma was cited as a notable recent exit from the NEA portfolio. angelinvestorsnetwork.com
  • Apr 2026investment
    NEA co-led a $20M Series A round in Spektr, alongside Northzone and PSV Deeptech. tracxn.com
  • 2026investment
    NEA participated in NinjaOne's Series C round, the firm's most recent tracked investment per Tracxn. NEA has made 28 new investments in the last 12 months, bringing its total portfolio to 1,272 companies. tracxn.com
  • 2026investment
    NEA backed Merge, which raised $75M from Accel, Addition, and NEA to build enterprise data-leak prevention tools, including a new Agent Handler for Employees product. linkedin.com
  • 2026investment
    NEA backed Sol, an agentic HR platform incubated by Sutter Hill Ventures. NEA partner Rick Yang joined the board. linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Chetan Puttagunta · General Partner
    LinkedIn
  • Jeff Immelt · Venture Partner
    LinkedIn
  • Rick Yang · Partner
    LinkedIn
  • Aaron Jacobson · Partner
    LinkedIn
  • Andrew Schoen · Partner
    LinkedIn
  • Nick Kline · Partner
    LinkedIn
  • Peter Barris · Managing General Partner Emeritus
    LinkedIn
  • Scott Sandell · Managing General Partner & CEO
  • Tony Florence · General Partner, Head of Technology
  • Mohamad Makhzoumi · General Partner, Head of Healthcare
  • Ann Bordetsky · Partner
  • Vanessa Larco · Partner
  • Hilarie Koplow-McAdams · Venture Partner

Sources

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Frequently asked

What is NEA?+

NEA (New Enterprise Associates), a multi-stage VC firm founded in 1977, is headquartered in Menlo Park, CA with a second major office in Chevy Chase, MD. With over $25 billion in cumulative committed capital and more than 1,260 portfolio companies, it's one of the largest VC firms in the world.

Where is NEA headquartered?+

NEA is headquartered in Menlo Park, United States.

When was NEA founded?+

NEA was founded in 1977 by Dick Kramlich, Frank A. Bonsal Jr..

What sectors does NEA invest in?+

NEA focuses on generalist, healthcare, enterprise, ai, fintech. They primarily invest in these sectors.

Who is the CEO of NEA?+

Scott Sandell is the CEO of NEA.

How do I prepare for a meeting with NEA?+

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Generated by briefthecall.com from public web sources. Last updated August 6, 2026. Each claim is linked to its source above.

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