27:
159:
1996 across NEA's next four funds. Beginning with NEA-8 in 1998, the firm greatly increased the size of its investment funds. NEA's tenth fund had $ 2.3 billion of investor commitments in 2000. After raising a more modest $ 1.1 billion in 2004 for the firm's eleventh fund, NEA raised $ 2.3 billion and $ 2.5 billion for its next two funds, respectively. In 2010, NEA launched its thirteenth investment fund with $ 2.5 billion of investor capital, the largest since the
163:. In 2012, NEA closed its fourteenth investment fund with $ 2.6 billion of investor capital. In April 2015, NEA closed its fifteenth investment fund with $ 3.1 billion in investor capital - the largest venture capital fund ever raised. In June 2017, NEA closed its sixteenth investment fund with $ 3.3 billion in investor capital - again the largest venture capital fund ever raised.
158:
The first NEA investment fund had only $ 16 million of capital. The firm's second fund raised $ 45 million and the third fund collected $ 125 million of commitments from investors in 1984. The firm continued to grow steadily throughout the 1980s and early 1990s raising $ 900 million from 1987 through
122:
firm. NEA focuses investment stages ranging from seed stage through growth stage across an array of industry sectors. With over $ 25 billion in committed capital, NEA is one of the world's largest venture capital firms.
648:
1154:
1144:
633:
1134:
1149:
923:
604:
989:
981:
1113:
131:
NEA was founded in 1977 by C. Richard (Dick) Kramlich, Chuck
Newhall and Frank Bonsal. Kramlich had worked with noted venture capitalist
1159:
573:
843:
549:
753:
147:
in the 1970s. The firm was founded with offices on both the East Coast and the West Coast. Among the firm's first investments was
702:
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679:
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612:
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410:
298:
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334:
188:
667:
1090:
869:
136:
454:
143:(IPOs) for startup companies. Chuck Newhall had previously managed an investment fund for
8:
1050:
703:
Entrepreneurial
Capitalism and Innovation: A History of Computer Communications 1968-1988
525:
262:
258:
242:
466:
286:
250:
1070:
961:
675:
494:
458:
398:
234:
214:(with over 250 portfolio company IPOs and over 300 portfolio company acquisitions).
971:
649:
New
Enterprise Associates Closes $ 2.6 Billion In One Of Largest Venture Funds Ever
370:
346:
326:
246:
238:
218:
210:
Since its founding, NEA invested in nearly 1,000 companies, and realized over 650
1075:
1030:
951:
936:
446:
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434:
306:
211:
119:
47:
37:
26:
1025:
956:
932:
378:
294:
278:
634:
NEA Raising $ 2.5 Billion For What Could Become The
Largest VC Fund In History
550:"Prominent venture capital firm bids D.C.-area office goodbye as focus shifts"
1128:
1080:
1055:
1045:
474:
426:
358:
274:
270:
200:
196:
152:
144:
171:
The firm primarily functions in New York and
California, and has offices in
1085:
1040:
590:
366:
266:
462:
422:
233:
NEA has 370 portfolio companies. Some of the firm's investments include:
222:
132:
931:
350:
330:
302:
844:"Jeff Immelt joins venture capital firm with growing Boston presence"
506:
482:
470:
450:
402:
394:
382:
282:
176:
172:
135:
beginning in 1969 and Frank Bosnal had been an investment banker at
510:
490:
374:
354:
322:
318:
290:
254:
204:
478:
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418:
314:
180:
574:
Gutsy venture firm New
Enterprise Associates brings home results
502:
498:
486:
342:
310:
192:
184:
780:"VC Firm NEA Raises A Record $ 3.1 Billion For Fifteenth Fund"
406:
390:
386:
362:
338:
148:
714:
New
Enterprise Associates closes new $ 2.5 billion fund
895:
98:
672:Done Deals: Venture Capitalists Tell Their Stories
1155:Financial services companies established in 1977
1145:Financial services companies based in California
1126:
716:. Silicon Valley Business Journal, July 23, 2006
830:New Enterprise Associates sets up Boston office
754:"Venture Capitalist Dick Kramlich's Last Stand"
586:
584:
582:
668:"Richard Kramlich - New Enterprise Associates"
990:History of private equity and venture capital
917:
870:"Portfolio | NEA | New Enterprise Associates"
543:
541:
751:
674:. Harvard Business Press. pp. 191–193.
665:
644:
642:
579:
841:
803:
777:
661:
659:
657:
602:
1135:Venture capital firms of the United States
924:
910:
596:
538:
25:
1150:Companies based in Menlo Park, California
639:
654:
225:, joined the firm as a venture partner.
806:"NEA Raises Massive $ 3.3 Billion Fund"
547:
1127:
605:"NEA: The VC World's best-kept secret"
905:
727:"$ 2.5 Billion in Search of an Exit"
548:Murillo, Ana Lucía (17 April 2024).
528:, life sciences venture capital firm
13:
14:
1171:
1160:1977 establishments in California
889:
752:Tim Mullaney (January 21, 2010).
842:O'Brien, Kelly J. (2018-02-01).
603:Dan Primack (November 7, 2011).
995:Early history of private equity
862:
835:
823:
797:
771:
745:
733:. New York Times. July 12, 2006
719:
20:New Enterprise Associates (NEA)
778:Alex Konrad (April 15, 2015).
707:
695:
627:
576:. VentureBeat, January 4, 2007
567:
228:
151:, which NEA backed along with
1:
804:Tomio Geron (June 19, 2017).
532:
166:
16:American Venture Capital firm
7:
1010:Private equity in the 2000s
1005:Private equity in the 1990s
1000:Private equity in the 1980s
832:. PE Hub, November 14, 2013
519:
161:Financial crisis of 2007–08
59:; 47 years ago
10:
1176:
636:. Tech Crunch, May 9, 2012
155:and Jack Melchor in 1981.
126:
1099:
1061:High-net-worth individual
1036:Corporate venture capital
1018:
980:
944:
896:New Enterprise Associates
874:New Enterprise Associates
112:New Enterprise Associates
93:
83:
71:
53:
43:
33:
24:
141:initial public offerings
849:Boston Business Journal
758:Bloomberg Business Week
411:Lexicon Pharmaceuticals
217:In 2018, former CEO of
118:) is an American-based
1140:Life sciences industry
1066:Institutional investor
137:Alex. Brown & Sons
1109:Venture capital firms
1091:Sovereign wealth fund
666:Udayan Gupta (2000).
1104:Private equity firms
651:. Forbes, July, 2012
455:Regulus Therapeutics
139:where he focused on
1114:Portfolio companies
945:Investment strategy
554:www.bizjournals.com
526:Flagship Pioneering
263:Automation Anywhere
259:Arris International
243:Amicus Therapeutics
89:$ 25 billion (2023)
21:
287:Champions Oncology
19:
1122:
1121:
1071:Insurance company
898:(company website)
593:(Company Website)
459:Robinhood Markets
399:Illusive Networks
235:Aerohive Networks
109:
108:
1167:
972:Leveraged buyout
939:investment firms
926:
919:
912:
903:
902:
884:
883:
881:
880:
866:
860:
859:
857:
856:
839:
833:
827:
821:
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818:
816:
801:
795:
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769:
768:
766:
764:
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711:
705:
699:
693:
692:
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688:
663:
652:
646:
637:
631:
625:
624:
622:
620:
615:on April 3, 2015
611:. Archived from
600:
594:
588:
577:
571:
565:
564:
562:
560:
545:
371:Goji Electronics
327:Dandelion Energy
247:Antenna Software
239:Alimera Sciences
219:General Electric
212:liquidity events
105:
102:
100:
75:Richard Kramlich
67:
65:
60:
29:
22:
18:
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1076:Investment bank
1031:Commercial bank
1014:
976:
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937:venture capital
930:
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828:
824:
814:
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776:
772:
762:
760:
750:
746:
736:
734:
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724:
720:
712:
708:
701:Pelkey, James.
700:
696:
686:
684:
682:
664:
655:
647:
640:
632:
628:
618:
616:
601:
597:
589:
580:
572:
568:
558:
556:
546:
539:
535:
522:
516:
307:Clovis Oncology
231:
169:
129:
120:venture capital
97:
78:
76:
63:
61:
58:
48:Venture capital
17:
12:
11:
5:
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1163:
1162:
1157:
1152:
1147:
1142:
1137:
1120:
1119:
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1083:
1078:
1073:
1068:
1063:
1058:
1053:
1048:
1043:
1038:
1033:
1028:
1026:Angel investor
1022:
1020:
1016:
1015:
1013:
1012:
1007:
1002:
997:
992:
986:
984:
978:
977:
975:
974:
969:
964:
959:
954:
948:
946:
942:
941:
933:Private equity
929:
928:
921:
914:
906:
900:
899:
891:
890:External links
888:
886:
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861:
834:
822:
796:
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694:
680:
653:
638:
626:
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566:
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531:
530:
529:
521:
518:
279:Built Robotics
230:
227:
191:, California,
168:
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128:
125:
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95:
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1081:Merchant bank
1079:
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1069:
1067:
1064:
1062:
1059:
1057:
1056:Fund of funds
1054:
1052:
1049:
1047:
1046:Family office
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1039:
1037:
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838:
831:
826:
811:
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789:September 27,
785:
781:
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763:September 27,
759:
755:
748:
737:September 27,
732:
728:
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715:
710:
704:
698:
687:September 27,
683:
681:9780875849386
677:
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669:
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660:
658:
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619:September 27,
614:
610:
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591:NEA - History
587:
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555:
551:
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537:
527:
524:
523:
517:
514:
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484:
480:
476:
475:Tamara Mellon
472:
468:
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448:
444:
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436:
432:
428:
427:Moda Operandi
424:
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275:Bright Health
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201:San Francisco
198:
197:New York City
194:
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186:
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156:
154:
153:Mayfield Fund
150:
146:
145:T. Rowe Price
142:
138:
134:
124:
121:
117:
113:
104:
96:
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88:
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77:Chuck Newhall
74:
70:
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1086:Pension fund
1041:Crowdfunding
877:. Retrieved
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853:. Retrieved
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813:. Retrieved
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787:. Retrieved
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761:. Retrieved
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685:. Retrieved
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617:. Retrieved
613:the original
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557:. Retrieved
553:
515:
367:Genies, Inc.
267:Bloom Energy
232:
216:
209:
170:
157:
130:
115:
111:
110:
79:Frank Bonsal
34:Company type
967:Secondaries
463:Rock Health
423:MasterClass
229:Investments
223:Jeff Immelt
133:Arthur Rock
1129:Categories
879:2014-09-26
855:2018-02-01
533:References
351:FiscalNote
331:Databricks
303:Cloudflare
189:Menlo Park
167:Operations
1051:Endowment
1019:Investors
962:Mezzanine
815:March 14,
731:Deal Book
507:Wheels Up
483:ThirdLove
471:Splashtop
451:Raise.com
403:Instabase
395:Illumitex
383:HackerOne
283:ByteDance
271:Box, Inc.
177:Bangalore
173:Baltimore
520:See also
511:Zoomdata
491:Uniphore
467:Smartcar
415:Luminary
375:GoodLeap
355:Formlabs
323:Coursera
319:CrowdMed
291:Clarifai
255:AppSheet
205:Shanghai
72:Founders
44:Industry
982:History
952:Venture
609:Fortune
495:Upstart
479:The Yes
439:Patreon
431:MongoDB
419:Luxtera
315:Conviva
181:Beijing
127:History
94:Website
62: (
54:Founded
38:Private
957:Growth
784:Forbes
678:
559:19 May
503:Virtru
499:Upwork
487:Tintri
347:Enigma
343:Edmodo
311:Cohere
251:Appian
193:Mumbai
185:Boston
447:Plaid
443:Philo
435:Pager
407:Konux
391:IFTTT
387:Houzz
363:Gen.G
339:Eargo
935:and
817:2018
791:2016
765:2016
739:2016
689:2016
676:ISBN
621:2016
561:2024
379:Goop
335:Drop
299:Clio
295:Cleo
203:and
149:3Com
103:.com
101:.nea
64:1977
57:1977
810:WSJ
359:FTX
333:,
281:,
116:NEA
99:www
85:AUM
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