Recent Funding
Investors
Neuberger Berman

Neuberger Berman portfolio

Neuberger Berman has 9 portfolio companies on record at Recent Funding, with 3 investments in the last 12 months.

Website: nb.com.

Type: Investor.

Portfolio on Recent Funding: 9.

Deals, last 12 months: 3.

Rounds led: 2 of 8.

Capital in their rounds: $2.34B.

Latest deal: Ayar Labs · Sep 11, 2026.

About this page

It is an investor based in Dallas, US. It led 2 of the 8 rounds it joined. Its most recent investment on record is Ayar Labs's $150M Series B+ round in September 2026. By category, its portfolio leans toward Fintech (4) and Developer tools and cloud (3). It has co-invested with Disruptive, BlackRock and Cisco, most often Disruptive (2 rounds).

About Neuberger Berman

Firm type: Investor.

Headquarters: Dallas, US.

Stages: Growth, Late Stage.

Sectors: Sector Agnostic.

Portfolio companies: 1.

Exits: 0.

Rounds led: 9.

Fund returns

Fund	Vintage	Size	Net IRR	TVPI	DPI	As of
Neuberger Berman Loan Advisers Holdings IV LP	2024	—	—	1.01x	0.10x	Mar 31, 2025
Neuberger Berman Opportunistic Capital Solutions Fund (Delaware), LP	2022	—	—	0.22x	0.00x	Mar 31, 2025
Neuberger Berman Opportunistic Capital Solutions, LP	2022	—	—	0.52x	0.00x	Mar 31, 2024
Neuberger Berman Loan Advisers Holdings II (Delaware), LP	2020	—	—	1.49x	0.78x	Mar 31, 2025
Neuberger Berman Loan Advisers Holdings (Delaware), LP	2017	—	—	1.71x	1.12x	Mar 31, 2025
NB Strategic Co-Investment Partners II	2012	—	—	1.33x	1.16x	Sep 30, 2025
Neuberger Berman Strategic Co-Investment II	2012	—	10.0%	1.36x	0.97x	Dec 31, 2020
NB New York City Growth Fund IA	2008	—	-5.0%	0.67x	0.67x	Jun 30, 2025
Neuberger Berman Secondary Opportunities Fund II, L.P.	2008	—	14.4%	—	1.54x	Jun 30, 2025
NB NYC Growth Fund, LLC	2005	—	3.8%	1.27x	—	Dec 31, 2021
Neuberger Berman Secondary Opportunities Fund, L.P.	2005	—	6.5%	—	1.32x	Jun 30, 2025
NB PRIVATE DEBT FUND V	—	—	—	1.04x	0.17x	Sep 30, 2025
NB Strategic Co-Investment Partners III	—	—	—	2.03x	1.19x	Sep 30, 2025
Neuberger Berman High Income Trust	—	—	—	1.36x	—	Dec 31, 2024

What Neuberger Berman invests in

Fintech · 4 · 44%
Developer tools and cloud · 3 · 33%
Lending and credit · 3 · 33%
Data and analytics · 3 · 33%
AI infrastructure and compute · 2 · 22%
Education · 2 · 22%
Consumer and social · 2 · 22%
Sales and marketing · 2 · 22%

Neuberger Berman recent investments

Company	Round	Date	Alongside
AAyar Labs	Series B+ · $150M	Sep 11, 2026	none named
AAyar Labs	Series B+ · lead	Mar 4, 2026	Nvidia, Qatar Investment Authority, AMD Ventures +6
VVestwell	Series B+ · $385M	Feb 18, 2026	HarbourVest, Franklin Templeton, Sixth Street Growth (lead) +4
UUpgrade	Series B+ · $165M · lead	Oct 20, 2025	LuminArx Capital Management LP, Disruptive, DST Global +1
GGroq	Series B+ · $750M	Sep 17, 2025	Cisco, Altimeter Capital, Disruptive (lead) +4
CCart Com	Series B+ · $50M	May 13, 2025	eGateway Capital, BlackRock
GGroq	Series B+ · $640M	Aug 5, 2024	Type One Ventures, Cisco, Samsung Catalyst Fund +2
SSalsify	Series B+ · $200M	Apr 13, 2022	CrossWork.us, TPG (lead), Cap Table Coalition +1

How Neuberger Berman invests

Stage	Deals	Capital in rounds
Series B+	8 100%	$2.34B

Year	Deals	Capital in rounds
2022	1 13%	$200M
2024	1 13%	$640M
2025	3 38%	$965M
2026	3 38%	$535M

Neuberger Berman portfolio companies

AAyar Labs$150MSeries B+ · Sep 2026
VVestwell$385MSeries B+ · Feb 2026
UUpgrade$165MSeries B+ · Oct 2025
GGroq$750MSeries B+ · Sep 2025
CCart Com$50MSeries B+ · May 2025
SSalsify$200MSeries B+ · Apr 2022
WWayflyerbacker
TTalabacker
AA24backer

Company	Round with Neuberger Berman	Total raised	Latest raise
AAyar Labs AI infrastructure and compute	Sep 11, 2026 Series B+ · $150M	$470M	Sep 11, 2026 Series B+
VVestwell Lending and credit	Feb 18, 2026 Series B+ · $385M	$622.5M	Feb 18, 2026 Series B+
UUpgrade Lending and credit	Oct 20, 2025 Series B+ · $165M · lead	$650M	Oct 20, 2025 Series B+
GGroq AI infrastructure and compute	Sep 17, 2025 Series B+ · $750M	$1.69B	Sep 17, 2025 Series B+
CCart Com Sales and marketing	May 13, 2025 Series B+ · $50M	$544M	Mar 4, 2026 round
SSalsify Sales and marketing	Apr 13, 2022 Series B+ · $200M	$436M	Aug 18, 2022 Series B+
WWayflyer Lending and credit	backer	$271M	Jun 23, 2025 Series B+
TTala Fintech	backer	$302.2M	Aug 24, 2026 Seed
AA24 Commerce and retail	backer	$75M	Jun 22, 2026 round

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Fintech).

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 8 rounds on Recent Funding that name Neuberger Berman. 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 Neuberger Berman, which is a subset of its real portfolio. API: /api/v1/investors/neuberger-berman (get a free API key). More: the most active VC firms and new venture capital funds.