
NEA (New Enterprise Associates) is a global venture capital firm founded in 1977, investing in technology and healthcare companies across all stages from seed through IPO. In January 2023, the firm closed its latest funds totaling approximately $6.2 billion, comprising NEA 18 ($3.05B for early-stage) and NEA 18 Venture Growth Equity ($3.18B for growth-stage).
Average disclosed round size is $90.0M (across 878 rounds with reported amounts).
Portfolio
571
Fund Size
$6.2B
Top Stage
Series B
Last 12 Mo
29
Team
Ali Behbahani, MD
Partner, Co-Head of Healthcare
Edward Mathers
Partner
Forest Baskett, PhD
Special Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
992 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series D | $650M | Jul 2026 | |
| Series A | — | Jun 2026 | |
| Seed | $7M | Apr 2026 | |
| Series A | $5.9M | Mar 2026 | |
| Series A | — | Mar 2026 | |
| Series B | $50M | Mar 2026 | |
| Series B | $40M | Feb 2026 | |
| Series C | $125M | Feb 2026 | |
| Series B | $40M | Feb 2026 | |
| Series D | $12M | Feb 2026 | |
| Unknown | — | Jan 2026 | |
| Series A | $19M | Jan 2026 | |
| Series D | $650M | Jan 2026 | |
| Series A | $50M | Jan 2026 | |
| Seed | — | Jan 2026 | |
| TThemis Solutions Inc. | Growth | $500M | Jan 2026 |
| BBluefish Labs | Series B | $43M | Jan 2026 |
| Seed | $3.5M | Dec 2025 | |
| Series D | — | Dec 2025 | |
| Series A | $22M | Nov 2025 | |
| Series B | $135M | Nov 2025 | |
| Series C | $50M | Nov 2025 | |
| Seed | $50M | Nov 2025 | |
| Series B | $55M | Nov 2025 | |
| Series G | — | Nov 2025 |
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Top Co-Investors
GV54 shared
Accel43 shared
Andreessen Horowitz38 shared
Index Ventures33 shared
Lightspeed Venture Partners28 shared
Y Combinator27 shared
Norwest Venture Partners27 shared
Sequoia Capital23 shared
The Goldman Sachs Group, Inc.23 shared
SV Angel22 shared
Battery Ventures21 shared
Benchmark21 shared
RA Capital Management21 shared
OrbiMed21 shared
Greylock Partners20 shared
General Catalyst20 shared
Khosla Ventures19 shared
Pappas Capital19 shared
Fidelity Investments17 shared
Last updated: 27 September 2026