NEA portfolio
NEA has 99 portfolio companies on record at Recent Funding, with 21 investments in the last 12 months.
About this page
It is a venture capital firm based in Menlo Park, US, founded in 1977. It led 71 of the 130 rounds it joined. Its most recent investment on record is Databento's $100M Series B+ round in November 2026, which it led, alongside DRW Venture Capital, Trousdale Ventures, Tribe Capital and 6 others. By category, its portfolio leans toward Developer tools and cloud (29) and Health and bio (20). It has co-invested with Andreessen Horowitz, GV and Redpoint Ventures, most often Andreessen Horowitz (9 rounds).
About NEA
Fund returns
| Fund | Vintage | Size | Net IRR | TVPI | DPI | As of |
|---|---|---|---|---|---|---|
| NEA SH 2025 SPV | 2025 | — | — | 1.00x | — | Sep 30, 2025 |
| NEA 18 Venture | 2022 | — | 1.8% | 1.03x | 0.00x | Jun 30, 2025 |
| NEA 18 Venture Growth Equity | 2022 | — | 11.6% | 1.20x | — | Sep 30, 2025 |
| New Enterprise Associates 18 | 2022 | — | 40.5% | 1.86x | 0.11x | Jun 30, 2025 |
| New Enterprise Associates 18r | 2022 | — | 41.0% | 2.00x | 0.11x | Sep 30, 2025 |
| New Enterprise Associates 17 | 2019 | — | 4.5% | 1.17x | 0.16x | Jun 30, 2025 |
| New Enterprise Associates 16 | 2017 | — | 8.2% | 1.52x | 0.42x | Jun 30, 2025 |
| NEA 15 Opportunity Fund, L.P. | 2015 | — | 25.2% | 3.68x | 1.44x | Jun 30, 2025 |
| NEA 15, L.P. | 2015 | — | 11.3% | 1.83x | 1.03x | Jun 30, 2024 |
| New Enterprise Associates 15 | 2015 | — | 10.0% | 1.75x | 1.05x | Jun 30, 2025 |
| NEA 14, L.P. | 2012 | — | 14.9% | 2.71x | 1.14x | Jun 30, 2024 |
| New Enterprise Associates 13 | 2008 | — | — | 2.76x | 2.57x | Sep 30, 2025 |
| New Enterprise Associates 12, L.P. | 2006 | — | 6.4% | 1.40x | 1.39x | Sep 30, 2025 |
| New Enterprise Associates 11 | 2004 | — | 15.3% | 2.65x | 2.57x | Jun 30, 2025 |
| New Enterprises Associates VIII A, L.P. | 2001 | — | -2.4% | 0.79x | 0.79x | Jun 30, 2025 |
| New Enterprise Associates 10, L.P. | 2000 | — | 2.3% | 1.20x | 1.13x | Sep 30, 2025 |
| New Enterprise Associates 9, L.P. | 1999 | — | -6.1% | 0.46x | 0.46x | Jun 30, 2025 |
| New Enterprises Associates VIII, L.P. | 1998 | — | 30.6% | 1.66x | 1.64x | Jun 30, 2025 |
| NEW ENTERPRISE ASSOCIATES 14, L.P. | — | — | — | 3.31x | 1.50x | Sep 30, 2025 |
What NEA invests in
- Developer tools and cloud · 29 · 29%
- Health and bio · 20 · 20%
- AI agents · 13 · 13%
- Data and analytics · 13 · 13%
- Consumer and social · 11 · 11%
- AI infrastructure and compute · 11 · 11%
- Fintech · 10 · 10%
- Commerce and retail · 10 · 10%
NEA recent investments
| Company | Round | Date | Alongside |
|---|---|---|---|
| Series B+ · $100M · lead | DRW Venture Capital, Trousdale Ventures, Tribe Capital +6 | ||
| Series A · $20M · lead | 25m Health, Frist Cressey Ventures | ||
| Series B+ · $90M · lead | Wintermute Ventures, Frst, EQNX +6 | ||
| Series B+ · $875M · lead | Hudson River Trading, Cisco Investments, Qatar Investment Authority +15 | ||
| Series A · $35M | Oak HC/FT, Solana Foundation, OpenFX +4 | ||
| Series B+ · $280M | Notable Capital, Together Fund, Plus Capital +8 | ||
| Series B+ · $66M | Redmile Group, Samsara Biocapital, Pontifax +6 | ||
| Series A · $50M · lead | none named |
How NEA invests
NEA portfolio companies
DDatabento$100MSeries B+ · Nov 2026
BBasalt Health$20MSeries A · Oct 2026
SSpiko Paris, France$90MSeries B+ · Oct 2026
PPositron$875MSeries B+ · Sep 2026
LLatitude$35MSeries A · Sep 2026
WWispr Flow$280MSeries B+ · Aug 2026
AAbcuro$66MSeries B+ · Aug 2026
PP-1 AI$50MSeries A · Aug 2026
HHorizon3.ai$250MSeries B+ · Aug 2026
AAmber Therapeutics$100MSeries A · Jul 2026
CCuspAI$450MSeries B+ · Jul 2026
SSingularity Defense$80MSeries A · Jul 2026
VValarian$50MSeries A · Jul 2026
TTwelveLabs$100MSeries B+ · Jul 2026
CCowboy Space$275MSeries B+ · May 2026
VVAST Data$1BSeries B+ · Apr 2026
FFactory$150MSeries B+ · Apr 2026
QQualified Health$125MSeries B+ · Mar 2026
AAnterior$40MSeries B+ · Feb 2026
KKindred$125MSeries B+ · Feb 2026
CClio$500MSeries B+ · Nov 2025UUniphore$260MSeries B+ · Oct 2025
AAutomating software development$50MSeries B+ · Sep 2025
SStrive Health$300MSeries B+ · Sep 2025
MMojo Vision$75MSeries B+ · Sep 2025
BBluefish$20MSeries A · Aug 2025
SSwift Navigation$50MSeries B+ · Jul 2025
SSplice Bio$140MSeries B+ · Jun 2025
SSamaya AI$43.5MSeries A · May 2025
GGlacier$16MSeries A · Apr 2025
CCeramic$12MSeed · Mar 2025
MMetronome$50MSeries B+ · Feb 2025
HHydra HostSeed · Feb 2025
EElevenLabs$180MSeries B+ · Jan 2025
TTune Therapeutics$175MSeries B+ · Jan 2025
OOuro Medicines$120MSeries A · Jan 2025
OOrbis Medicines$93MSeries A · Jan 2025
BBackflip AI$30MSeries A · Dec 2024
OOutrider$62MSeries B+ · Oct 2024
SSakana AISeries A · Sep 2024
WWorld Labs$230MSeries A · Sep 2024
CCardurion Pharmaceuticals$260MSeries B+ · Jul 2024
SSafeBase$33MSeries B+ · May 2024
BBeehiiv$33MSeries B+ · Apr 2024
LLily AI$20MSeries B+ · Apr 2024
TTogether AI$106MSeries A · Mar 2024
IInkitt$37MSeries B+ · Feb 2024
CComanche Biopharma$75MSeries B+ · Jan 2024
PPulumi$41MSeries B+ · Oct 2023
TTagworks Pharmaceuticals$65MSeries A · Jun 2023
DDjust$12MSeries A · Jun 2023
WWeaviate$50MSeries B+ · Apr 2023
DDandelion Energy$70MSeries B+ · Nov 2022
MMerge$55MSeries B+ · Oct 2022
TTheorycraft Games$50MSeries B+ · Sep 2022
SSnowplow$40MSeries B+ · Jul 2022
NNarmi$35MSeries B+ · Jun 2022
AAssembled$51MSeries B+ · May 2022
SSlashSeries B+ · May 2022
MMashgin$62.5MSeries B+ · May 2022
SSentry$90MSeries B+ · May 2022
BBuilt Robotics$64MSeries B+ · Apr 2022
AAntimatter$12MSeries A · Mar 2022
VVirtru$60MSeries B+ · Jan 2022
PPair Eyewear$60MSeries B+ · Dec 2021
AAnyscale$100MSeries B+ · Dec 2021
EEmbrace$45MSeries B+ · Oct 2021
CClarifai$60MSeries B+ · Oct 2021
SSisu Data$62MSeries B+ · Sep 2021
PPersonal Genome Diagnostics$100MSeries B+ · Feb 2021
SSitetracker$42MSeries B+ · Jan 2021
BBestow$70MSeries B+ · Dec 2020
MMindTickle$100MSeries B+ · Nov 2020
TTamr$18MSeries B+ · Jul 2018
BBrandless$240MSeries B+ · Jul 2018
AAerospike$20MSeries B+ · Jun 2014
SSonatype$25MSeries B+ · Jul 2012
2222backer
MMartianbacker
FFastinobacker
TTailorbacker
MMoonPaybacker
SStridebackerTTigerDatabacker
CContrabacker
442Floorsbacker
MMejuribacker
CCambiumbackerBBoxcbacker
AAugment Marketbacker
PPathosbacker
TThunkablebacker
FFloxbacker
HHabitat Healthbacker
Ccourtyard.iobacker
GGridPointbacker
BBranchbacker
KKONUXbacker
XXaira Therapeuticsbacker
| Company | Round with NEA | Total raised | Latest raise |
|---|---|---|---|
Fintech |
Series B+ · $100M · lead | $238.8M | Nov 13, 2026 Series B+ |
Health and bio |
Series A · $20M · lead | $20M | Oct 27, 2026 Series A |
Fintech |
Series B+ · $90M · lead | $116.27M | Oct 6, 2026 Series B+ |
Foundation models and research |
Series B+ · $875M · lead | $1.18B | Sep 10, 2026 Series B+ |
Stablecoins |
Series A · $35M | $35M | Sep 9, 2026 Series A |
Voice and audio AI |
Series B+ · $280M | $335M | Aug 18, 2026 Series B+ |
Health and bio |
Series B+ · $66M | $463M | Aug 18, 2026 Series B+ |
Foundation models and research |
Series A · $50M · lead | $73M | Aug 5, 2026 Series A |
Fintech |
Series B+ · $250M · lead | $428.5M | Aug 3, 2026 Series B+ |
Health and bio |
Series A · $100M · lead | $200M | Jul 24, 2026 Series A |
Manufacturing and industrial |
Series B+ · $450M · lead | $580M | Jul 20, 2026 Series B+ |
Defense and security |
Series A · $80M | $80.5M | Jul 15, 2026 Series A |
Legal and compliance |
Series A · $50M · lead | $50M | Jul 14, 2026 Series A |
Foundation models and research |
Series B+ · $100M · lead | $207M | Jul 1, 2026 Series B+ |
AI infrastructure and compute |
Series B+ · $275M | $325M | May 11, 2026 Series B+ |
AI infrastructure and compute |
Series B+ · $1B | $1.34B | Apr 22, 2026 Series B+ |
AI coding and devtools |
Series B+ · $150M | $150M | Apr 16, 2026 Series B+ |
Health and bio |
Series B+ · $125M · lead | $155M | Mar 25, 2026 Series B+ |
Health and bio |
Series B+ · $40M · lead | $60M | Feb 12, 2026 Series B+ |
Real estate and construction |
Series B+ · $125M · lead | $147.75M | Feb 3, 2026 Series B+ |
Legal and compliance |
Series B+ · $500M · lead | $1.79B | Nov 10, 2025 Series B+ |
AI agents |
Series B+ · $260M | $885.5M | Apr 8, 2026 Series B+ |
AI coding and devtools |
Series B+ · $50M · lead | $415M | Sep 15, 2026 round |
Health and bio |
Series B+ · $300M · lead | $690M | Sep 9, 2025 Series B+ |
AI infrastructure and compute |
Series B+ · $75M | $118.5M | Sep 4, 2025 Series B+ |
Sales and marketing |
Series A · $20M · lead | $63M | Apr 14, 2026 Series B+ |
Sales and marketing |
Series B+ · $50M | $247.6M | Jul 23, 2025 Series B+ |
Health and bio |
Series B+ · $140M | $197M | Jun 11, 2025 Series B+ |
AI agents |
Series A · $43.5M · lead | $43.5M | May 14, 2025 Series A |
Robotics and hardware |
Series A · $16M | $28.2M | Apr 30, 2025 Series A |
AI infrastructure and compute |
Seed · $12M · lead | $12M | Mar 5, 2025 Seed |
Developer tools and cloud |
Series B+ · $50M · lead | $123M | Feb 25, 2025 Series B+ |
AI coding and devtools |
Seed | $110M | Jun 16, 2026 Series A |
AI agents |
Series B+ · $180M | $781M | Feb 4, 2026 Series B+ |
Health and bio |
Series B+ · $175M · lead | $215M | Jan 12, 2025 Series B+ |
Health and bio |
Series A · $120M · lead | $120M | Jan 10, 2025 Series A |
Health and bio |
Series A · $93M · lead | $121M | Jan 6, 2025 Series A |
AI agents |
Series A · $30M · lead | $30M | Dec 19, 2024 Series A |
Robotics and hardware |
Series B+ · $62M · lead | $200M | Oct 24, 2024 Series B+ |
Developer tools and cloud |
Series A · lead | $135M | Nov 17, 2025 Series B+ |
Foundation models and research |
Series A · $230M · lead | $1.23B | Jun 5, 2026 Series B+ |
Health and bio |
Series B+ · $260M | $260M | Jul 16, 2024 Series B+ |
Sales and marketing |
Series B+ · $33M | $51M | May 1, 2024 Series B+ |
Sales and marketing |
Series B+ · $33M · lead | $33M | Apr 30, 2024 Series B+ |
Commerce and retail |
Series B+ · $20M | $59.5M | Apr 14, 2024 Series B+ |
AI infrastructure and compute |
Series A · $106M | $1.33B | Jul 1, 2026 Series B+ |
Data and analytics |
Series B+ · $37M | $115.9M | Feb 27, 2024 Series B+ |
Health and bio |
Series B+ · $75M · lead | $75M | Feb 26, 2025 Series B+ |
AI agents |
Series B+ · $41M | $98.5M | Oct 3, 2023 Series B+ |
Health and bio |
Series A · $65M | $65M | Jun 22, 2023 Series A |
Sales and marketing |
Series A · $12M · lead | $20M | Oct 2, 2025 Series A |
AI infrastructure and compute |
Series B+ · $50M | $68M | Oct 10, 2025 Series B+ |
Climate and energy |
Series B+ · $70M | $143M | Sep 24, 2024 Series B+ |
AI agents |
Series B+ · $55M | $80M | Oct 1, 2022 Series B+ |
Gaming |
Series B+ · $50M | $88M | Sep 22, 2022 Series B+ |
AI agents |
Series B+ · $40M · lead | $50M | Jul 1, 2022 Series B+ |
Lending and credit |
Series B+ · $35M · lead | $55M | Jun 1, 2022 Series B+ |
AI agents |
Series B+ · $51M · lead | $70.7M | May 26, 2022 Series B+ |
Stablecoins |
Series B+ | $100M | Apr 16, 2026 Series B+ |
Robotics and hardware |
Series B+ · $62.5M · lead | $62.5M | May 9, 2022 Series B+ |
Data and analytics |
Series B+ · $90M | $90M | Aug 3, 2026 Pre-seed |
Robotics and hardware |
Series B+ · $64M | $97M | Apr 7, 2022 Series B+ |
Crypto x AI |
Series A · $12M · lead | $12M | Mar 1, 2022 Series A |
Cybersecurity |
Series B+ · $60M | $176M | Jul 11, 2025 Series B+ |
Commerce and retail |
Series B+ · $60M · lead | $148M | Jul 13, 2026 Series B+ |
AI coding and devtools |
Series B+ · $100M | $259M | Sep 24, 2022 Series B+ |
Data and analytics |
Series B+ · $45M · lead | $58M | Jun 23, 2026 Series B+ |
AI infrastructure and compute |
Series B+ · $60M · lead | $100M | Oct 15, 2021 Series B+ |
Data and analytics |
Series B+ · $62M | $62M | Sep 28, 2021 Series B+ |
Health and bio |
Series B+ · $100M | $123.8M | Nov 24, 2025 Series B+ |
Developer tools and cloud |
Series B+ · $42M | $172M | Sep 28, 2022 Series B+ |
AI agents |
Series B+ · $70M | $257.5M | May 13, 2025 Series B+ |
Sales and marketing |
Series B+ · $100M | $254.8M | Aug 1, 2024 Series B+ |
Data and analytics |
Series B+ · $18M | $55M | Oct 22, 2026 Series B+ |
Commerce and retail |
Series B+ · $240M | $291M | Aug 4, 2021 round |
Data and analytics |
Series B+ · $20M · lead | $152M | Apr 4, 2024 Series B+ |
Cybersecurity |
Series B+ · $25M · lead | $40M | Apr 10, 2025 Series A |
In-person and live experiences |
backer · source | $10.6M | Dec 23, 2025 Series A |
| backer · source | $9M | Nov 15, 2023 Seed | |
AI coding and devtools |
backer · source | $17.5M | May 7, 2025 Seed |
Developer tools and cloud |
backer · source | $37.5M | Nov 20, 2025 Series A |
Stablecoins |
backer · source | $87M | Apr 1, 2022 Series A |
Fintech |
backer · source | undisclosed | — |
Data and analytics |
backer · source | undisclosed | — |
HR and recruiting |
backer · source | $45M | Nov 1, 2021 Series B+ |
Real estate and construction |
backer | undisclosed | — |
Commerce and retail |
backer | undisclosed | — |
Climate and energy |
backer · source | $119M | Jan 5, 2026 Series B+ |
Commerce and retail |
backer | undisclosed | — |
Fintech |
backer | $12M | Oct 22, 2025 Series A |
Health and bio |
backer | $237M | Oct 23, 2026 Series B+ |
Sales and marketing |
backer | undisclosed | Sep 23, 2025 Series B+ |
AI agents |
backer | $25M | Sep 25, 2025 Series B+ |
Insurance |
backer | $50M | Sep 10, 2024 round |
Crypto payments |
backer | $7.5M | Jul 29, 2025 Series A |
Climate and energy |
backer | $45M | Mar 27, 2025 round |
Sales and marketing |
backer | $300M | Mar 25, 2026 Series B+ |
Education |
backer | undisclosed | Jul 13, 2026 Series B+ |
Health and bio |
backer | $1B | Mar 23, 2026 round |
Most frequent co-investors
AAndreessen Horowitz9 shared rounds · last Apr 2, 2025
GGV8 shared rounds · last Jul 16, 2024
RRedpoint Ventures7 shared rounds · last Nov 13, 2026
88VC7 shared rounds · last Aug 18, 2026
IIndex Ventures6 shared rounds · last Oct 6, 2026
MMenlo Ventures5 shared rounds · last Aug 18, 2026
QQualcomm Ventures5 shared rounds · last Aug 3, 2026
KKleiner Perkins5 shared rounds · last Jul 20, 2026
KKhosla Ventures5 shared rounds · last Jul 15, 2026
NNvidia5 shared rounds · last Apr 22, 2026
TTown Hall Ventures5 shared rounds · last Mar 25, 2026
SSalesforce Ventures5 shared rounds · last Jan 24, 2025
Similar investors
FFelicis96 companies · 18 deals in 12 mo
BBain Capital Ventures93 companies · 16 deals in 12 mo
SSpark Capital92 companies · 27 deals in 12 mo
BBoxGroup109 companies · 11 deals in 12 mo
BBessemer Venture Partners138 companies · 40 deals in 12 mo
CCRV70 companies · 13 deals in 12 mo
Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).
How this is counted
Net returns as reported by the public-pension and foundation LPs invested in each fund.
Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Share is of the 130 rounds on Recent Funding that name NEA. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists NEA, which is a subset of its real portfolio. API: /api/v1/investors/nea (get a free API key). More: the most active VC firms and new venture capital funds.
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