New Enterprise Associates (NEA)
New Enterprise Associates: Global VC Firm Investing in Technology and Healthcare Sectors
About
New Enterprise Associates (NEA), founded in 1977 by Dick Kramlich, Chuck Newhall, and Frank Bonsal Jr., is a global venture capital firm headquartered in Menlo Park, California. With over $25 billion in committed capital, NEA has invested in more than 1,000 companies across various stages, from seed to IPO. The firm's portfolio includes notable companies such as Salesforce, Cloudflare, Databricks, and Uber. NEA's investment strategy emphasizes partnering with exceptional founders to build transformative businesses in large, rapidly growing markets. In the artificial intelligence (AI) sector, NEA has been an active investor, focusing on areas such as AI infrastructure, enterprise applications, and developer tools. The firm's AI portfolio includes companies like Perplexity AI, a search platform, and World Labs, a foundation models and AGI company. NEA's commitment to AI is evident in its dedicated AI strategy, led by partner Lila Tretikov. The firm's diverse team and global presence enable it to provide deep insights and support to its portfolio companies, fostering innovation and growth in the technology and healthcare sectors.