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 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
  • 2026investment
    Board Partner Vanessa Larco joined the board of Kindred, a travel startup founded by Justine Palefsky and Tasneem Amina, after NEA invested in the company. linkedin.com
  • Mar 2026investment
    NEA led a $125 million Series B round for Qualified Health, a secure enterprise AI platform built for health systems. Leading health systems including Mercy, Emory Healthcare, University of Rochester Medicine, Jefferson Health, and the University of Texas System are deploying the platform. leadiq.com
  • Mar 2026investment
    NEA participated in Translucent's $27 million round for its healthcare finance AI platform, alongside Virtue, FPV Ventures, and Google Ventures. tracxn.com
  • Mar 2026investment
    NEA led the $40 million Series B for Kindred, a global home-swapping platform. Foley & Lardner represented NEA as lead investor on the deal. zoominfo.com
  • Early 2026investment
    Clio closed a US$1 billion acquisition of vLex alongside a concurrent US$500 million Series G round led by NEA, with TCV also participating. zoominfo.com
  • Early 2026investment
    NEA invested in Bluefish's $43 million Series B growth round. Bluefish is an agentic marketing platform targeting Fortune 500 brands. zoominfo.com
  • Early 2026investment
    NEA led a $50 million round for Fabric8Labs, which produces metal parts via electrochemical additive manufacturing. Foley & Lardner represented NEA on the deal. zoominfo.com
  • Jan 2026press
    NEA co-hosted a happy hour at CES with Amazon Alexa Fund and Silicon Valley Bank, focused on physical AI, robotics, and AI infrastructure founders. 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

Other VCs in United States

Explore VCs by sector

Globally

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?+

Brief generates a structured pre-meeting briefing on any person at NEA — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.

Meeting with someone at NEA?

Brief generates a structured pre-meeting briefing on any person in seconds.

Try Brief →

Generated by briefthecall.com from public web sources. Last updated July 7, 2026. Each claim is linked to its source above.

Automatically generated by AI from public sources. May be inaccurate or out of date. Remove or correct this profile →