New Enterprise Associates Overview and Investment Strategy

New Enterprise Associates (NEA) is a venture capital firm that has been investing in innovative companies since 1977. With over $20 billion in assets under management, NEA has a significant presence in the venture capital industry.

NEA focuses on investing in technology and healthcare companies, with a particular emphasis on software, biotechnology, and medical devices. The firm has a team of experienced investment professionals who work closely with entrepreneurs to identify and capitalize on new opportunities.

One of NEA's key strengths is its ability to invest across all stages of a company's development, from seed to growth equity. This allows the firm to build long-term relationships with its portfolio companies and provide ongoing support and guidance as they grow and evolve.

New Enterprise Associates has a significant presence in the venture capital space, with 370 portfolio companies under their belt. They've made a substantial number of investments, with a total of 2,860 investments made to date.

Some of their notable investments include companies like Aerohive Networks, Alimera Sciences, and Amicus Therapeutics, which are part of the life sciences industry. They've also invested in companies like Automation Anywhere, Bloom Energy, and Box, Inc., which are in the financial services sector.

Here's a list of some of their notable investments:

Their latest investment was in Instabase as part of their Series D on January 17, 2025.

New Enterprise Associates (NEA) has a diverse portfolio of investments, with a total of 2,860 investments made to date. This includes some notable deals such as Tune Therapeutics, Built Robotics, and DataBricks.

Their latest investment was in Instabase as part of their Series D on January 17, 2025. NEA has also made investments in a wide range of companies, including those in the life sciences industry, financial services, and technology sectors.

NEA has a strong presence in the venture capital space, with 338 investments in Series A companies, 233 in Series B companies, and 192 in seed stage companies. This indicates that NEA is actively investing in early-stage companies, providing them with the necessary funding to grow and develop.

Here are some of the companies that NEA has invested in:

NEA has a strong track record of investing in successful companies, with some notable exits including GlycoMimetics, which was acquired on October 29, 2024, and Burrow, which was acquired on October 16, 2024.

New Enterprise Associates invests in a variety of sectors, including Enterprise Applications, High Tech, Life Sciences, Consumer, and Enterprise Infrastructure.

The company has a significant presence in the Enterprise Applications sector, with 323 investments made in this area.

High Tech is another major sector for New Enterprise Associates, with 235 investments to date.

Life Sciences is also a key area of focus, with 203 investments made by the company.

Consumer and Enterprise Infrastructure are also sectors where New Enterprise Associates has made a notable number of investments, with 157 and 156 investments respectively.

Here's a breakdown of the sectors where New Enterprise Associates has invested:

Co-investors play a significant role in the investment landscape. New Enterprise Associates has had the opportunity to co-invest with numerous other investors over the years.

In fact, 4623 investors have co-invested in New Enterprise Associates's portfolio companies, including funds and angels. This is a testament to the collaborative nature of the investment world.

Y Combinator and a16z are notable examples of investors who have co-invested with New Enterprise Associates. Y Combinator has invested in 19 companies before New Enterprise Associates, while a16z has invested in 13 companies before New Enterprise Associates.

The top co-investors of New Enterprise Associates include 1383 investors who have entered a company along with them. a16z is one of the top co-investors, having co-invested in 19 companies with New Enterprise Associates.

SVB, Goldman Sachs, and NewView Capital are also notable co-investors who have invested in companies after New Enterprise Associates. SVB has invested in 26 companies, Goldman Sachs in 23 companies, and NewView Capital in 20 companies.

NEA's portfolio is quite impressive, with 2,126 investments made to date.

They manage 14 funds, which is a testament to their ability to diversify and adapt to changing market conditions.

One notable deal is their investment in Tune Therapeutics, a company that has the potential to revolutionize the field of therapeutics.

NEA also invested in Built Robotics, a company that's making significant strides in robotics and automation.

And then there's DataBricks, another notable investment that's making waves in the data science space.

New Enterprise Associates has a significant portfolio of companies, with 671 portfolio exits to date. Their latest portfolio exit was Fluid Truck, an asset sale that took place on December 18, 2024.

The company's portfolio exits have been diverse, with various types of exits including asset sales and acquisitions. In fact, the majority of their exits have been acquisitions, with 5 out of the 5 listed exits being acquired by other companies.

One notable acquisition was Coda, which was acquired by Grammarly on December 17, 2024. The valuation of this acquisition was in the millions, but the exact amount is not publicly disclosed.

The company's portfolio exits have also involved significant valuations, with some exits valued in the tens of millions. For example, the acquisition of InfoWorks by Uniphore on December 5, 2024, was valued at a significant amount.

Here are the details of New Enterprise Associates' portfolio exits:

As of March 30, 2023, NEA has $25.9 billion in assets under management according to most recent regulatory filings.

NEA's assets under management are substantial, reflecting a significant amount of resources at their disposal.

The $25.9 billion figure is a clear indication of NEA's size and scope in the investment world.

New Enterprise Associates (NEA) has been a major player in the venture capital industry for decades. Founded in 1977, NEA has invested in over 1,000 companies, including some of the most successful startups of the past few decades.

NEA has a strong track record of investing in innovative technologies, such as biotechnology and information technology. The firm's portfolio includes companies like Genentech, which was acquired by Roche for $47 billion in 2009.

NEA's investment strategy focuses on identifying and supporting entrepreneurs with groundbreaking ideas.

New Enterprise Associates has been mentioned in 1 CB Insights research brief, most recently on Jun 26, 2023.

CB Insights Intelligence Analysts have cited New Enterprise Associates in their research, highlighting its relevance in the industry.

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New Enterprise Associates (NEA) has a rich history that spans over four decades. Founded in 1977, it was one of the first venture capital firms in the US.

NEA has a strong track record of investing in innovative companies, with over 250 portfolio companies across various industries. Many of these companies have gone on to become industry leaders.

The firm's first investment was in a company called Intel, which has since become one of the world's largest and most successful technology companies. This early success helped establish NEA as a reputable and savvy investor.

With over $19 billion in committed capital, NEA has the resources to invest in a wide range of companies, from seed-stage startups to established enterprises.

New Enterprise Associates has formed strategic partnerships to support its business goals. One of its key partners is Speedinvest, a venture capital firm based in Austria.

New Enterprise Associates collaborated with Speedinvest on May 5, 2015, to target top European startups. This partnership aims to identify and invest in promising start-ups in the region.

New Enterprise Associates has also partnered with the Snowflake Startup Challenge, a US-based business organization. The exact details of this partnership are not publicly disclosed, but it is evident that the company is expanding its reach through strategic collaborations.

Here is a list of New Enterprise Associates' partners and customers:

New Enterprise Associates has a strong network of partners and customers that help drive their business forward. The company has 2 strategic partners.

One of their key partners is Speedinvest, a venture capital firm based in Austria. They partnered with Speedinvest in May 2015, with the goal of targeting top European start-ups.

Another partner is Snowflake Startup Challenge, a US-based business that New Enterprise Associates collaborated with in May 2015.

Here's a list of their partners and customers:

Their partnership with Speedinvest was announced on May 28, 2015, and was reported to be a collaboration to target top European start-ups.

New Enterprise Associates has 7 service provider relationships. They work with a variety of firms to provide support and resources to their partners.

Bessemer Venture Partners is one of the firms that partners with New Enterprise Associates. They have offices in several locations, including New York, Silicon Valley, Boston, Mumbai, and Herzliya.

Bessemer Venture Partners invests in early-stage opportunities, but also participates in late-stage financing and occasionally makes seed-stage investments. They typically make investments in the range of $4M–$10M.

You can expect a multi-round interview process at New Enterprise Associates (NEA), typically consisting of 4-6 rounds. Junior investment professionals or the HR team handle the initial interviews, while more senior staff supervise the later rounds.

The entire process can last for several weeks, unless it's "on-cycle" or "on-campus" recruiting. This means you should be prepared to dedicate a significant amount of time to the interview process.

During the interviews, you can expect a mix of fit questions, behavioral questions, and technical/investing questions. It's also a good idea to research the firm before attending the interview, such as listening to interviews with its founders, investors, and executives.

Here are some common types of case studies you may encounter during the interview process:

If you're interviewing at a firm like NEA, expect a multi-round interview process that can last several weeks. The number of rounds can range from 4 to 6.

Junior investment professionals or the HR team typically handle the initial interviews, while more senior staff supervise the later rounds.

The entire process can be lengthy, but if it's "on-cycle" or "on-campus" recruiting, it might be shorter.

You'll likely receive a mix of fit questions, behavioral questions, and technical/investing questions during the interview.

To prepare, do some research about the firm before attending the interview. This can be as simple as listening to interviews with its founders, investors, and executives.

Interviewers at firms like NEA often use case studies to assess a candidate's technical knowledge and communication skills.

Case studies at NEA typically involve financial modeling and investment recommendations.

For junior roles, cold calling case studies may also be required.

To gain a deeper understanding of case studies, check out the Growth Equity Interview Guide.

NEA's case studies are designed to evaluate a candidate's ability to think critically and make informed investment decisions.

They want to see how you approach a problem and communicate your ideas effectively.

By studying case studies, you can improve your chances of acing an interview at NEA.

NEA employees can expect competitive salaries, with analysts earning an average of $113,235 per year. This figure can vary based on experience, education, and skills.

NEA associates can make around $100,831 annually, also averaging over $100,000 per year. Recent data on NEA associates' salaries shows that some have earned up to $220,000 per year.