Venture capital firm
New Enterprise Associates portfolio
nea.comNew Enterprise Associates is a venture capital firm based in Menlo Park, United States, founded in 1977. It has invested in 286 venture-backed companies across 431 funding rounds on VCMC, and led 180 of those rounds. 37 of them were in the last 12 months.
286
Venture-backed companies
in its portfolio on VCMC
431
Funding rounds
led 180
37
Last 12 months
rounds, Oct 2025 to Sep 2026
74
With a disclosed valuation
of 286 companies
$518.1B
Combined value of its private companies
the whole companies, not what New Enterprise Associates owns
261 private companies New Enterprise Associates has backed have a VCMC valuation; together they are worth $518.1B. That is the value of the whole companies, not what New Enterprise Associates owns. Databricks is 37% of the total. 25 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
New Enterprise Associates' most valuable portfolio companies
The 10 most valuable private companies New Enterprise Associates has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Databricks Tech Companies, San Francisco $193.6B range $165.2B – $240.4B Joined at Series E, 2019
- 2 VAST Data Software Development Services $34.5B range $26.1B – $45.4B Joined at Series E, 2023
- 3 Perplexity Tech Companies, San Francisco $25.5B range $17.2B – $36.6B Led at Series A, 2023
- 4 ElevenLabs Tech Companies, London $22.1B range $19.1B – $27.8B Joined at Series C, 2025
- 5 Xaira Therapeutics Biotechnology, South San Francisco $15.2B range $4.9B – $23.1B Joined at Growth, 2024
- 6 Baseten Software Development Services, San Francisco $14.7B range $11.3B – $21.5B Joined at Series B, 2024
- 7 Wonder Food delivery, New York $9.7B range $7.8B – $13.5B Led at Series B, 2022
- 8 Together AI Tech Companies, San Francisco $9.1B range $7.2B – $12.8B Joined at Seed, 2023
- 9 Plaid Payment Processing & Point of Sale, San Francisco $8.5B range $5.7B – $10.2B Joined at Seed, 2013
- 10 GoodLeap Loans & Financing, Roseville $7.6B range $1.1B – $13.8B Led at Growth, 2021
Portfolio
Full New Enterprise Associates portfolio (286 companies)
286 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Databricks Tech Companies · since Series E, 2019 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 2 | Perplexity Tech Companies · led at Series A, 2023 | Growth Equity Jan 2026 $2.30B | $25.5B | $17.2B – $36.6B | $22.9B (-10%) | $2.4B | 41% | 1,369 | flat | B | |
| 3 | GoodLeap Loans & Financing · led at Growth, 2021 | Debt Oct 2026 $389M | $7.6B | $1.1B – $13.8B | $7.6B (0%) | $1.2B | 0% | 1,280 | up | D | |
| 4 | Wonder Food delivery · led at Series B, 2022 | Series D Jul 2026 $650M | $9.7B | $7.8B – $13.5B | $11.7B (+21%) | $1.3B | 0% | 10,359 | flat | A | |
| 5 | Clio Tech Companies · led at Series F, 2024 | Series G Nov 2025 $500M | $7.1B | $4.3B – $8.3B | $7.3B (+2%) | $798M | 0% | 2,750 | growing | B | |
| 6 | Resilience Pharmaceutical Products · since Series B, 2020 | Series D Jun 2022 $625M | $3.3B | $633M – $13.0B | $2.8B (-13%) | $1.1B | 59% | 1,307 | flat | D | |
| 7 | Baseten Software Development Services · since Series B, 2024 | Series F Jun 2026 $1.50B | $14.7B | $11.3B – $21.5B | $18.7B (+27%) | $2.1B | 0% | 419 | growing | B | |
| 8 | Zuoyebang Learning, Tutoring & Courses · since Series D, 2018 | Series E Jun 2020 $750M | $6.4B | $489M – $9.7B | $6.4B (0%) | $1.1B | 5% | 1,461 | flat | D | |
| 9 | VAST Data Software Development Services · since Series E, 2023 | Series F Apr 2026 $1.00B | $34.5B | $26.1B – $45.4B | $39.5B (+15%) | $4.3B | 0% | 1,263 | up | A | |
| 10 | Together AI Tech Companies · since Seed, 2023 | Series C Jul 2026 $800M | $9.1B | $7.2B – $12.8B | $11.1B (+22%) | $1.2B | 0% | 432 | growing | A | |
| 11 | FTX Cryptocurrency · since Series B, 2021 | Series C Jan 2022 $400M | $238M | $0 – $238M | $238M (0%) | – | 100% | 63 | shrinking | dead | |
| 12 | Plaid Payment Processing & Point of Sale · since Seed, 2013 | Growth Equity Apr 2025 $575M | $8.5B | $5.7B – $10.2B | $8.1B (-5%) | $832M | 18% | 5,107 | growing | A | |
| 13 | DataRobot Tech Companies · led at Series B, 2016 | Series G Jul 2021 $300M | $2.6B | $460M – $8.0B | $2.3B (-11%) | $855M | 48% | 868 | flat | D | |
| 14 | World Labs Tech Companies · led at Growth, 2024 | Series B Feb 2026 $1.00B | $7.0B | $4.3B – $9.5B | $8.3B (+18%) | $911M | 0% | 105 | growing | B | |
| 15 | Positron Device Manufacturing · led at Series C, 2026 | Series C Sep 2026 $875M | $5.2B | $4.3B – $7.5B | $6.5B (+26%) | $715M | 0% | 100 | growing | A | |
| 16 | ElevenLabs Tech Companies · since Series C, 2025 | Growth Equity Sep 2026 $300M | $22.1B | $19.1B – $27.8B | $24.2B (+9%) | $2.4B | 0% | 1,425 | growing | A | |
| 17 | Xaira Therapeutics Biotechnology · since Growth, 2024 | Growth Equity Apr 2024 $1.00B | $15.2B | $4.9B – $23.1B | $9.1B (-40%) | $1.4B | 0% | 212 | up | C | |
| 18 | CHAOS Industries Aerospace and Defence · led at Series C, 2025 | Series D Nov 2025 $510M | $6.9B | $3.9B – $8.1B | $7.1B (+3%) | $778M | 0% | 334 | growing | B | |
| 19 | Uniphore Tech Companies · led at Series E, 2022 | Series F Oct 2025 $260M | $3.2B | $2.2B – $3.7B | $3.2B (-1%) | $358M | 2% | 880 | flat | A | |
| 20 | Strive Health Health Care Services · led at Series B, 2021 | Series D Sep 2025 $550M | $2.4B | $1.5B – $2.8B | $2.4B (0%) | $266M | 0% | 628 | up | A | |
| 21 | Omio Travel Agencies · since Series E, 2022 | Other Jul 2026 $10M | $725M | $60.4M – $1.8B | $670M (-7%) | $158M | 7% | 441 | flat | D | |
| 22 | Collective Health Insurance - Agents, Carriers & Brokers · since Series C, 2015 | Series F May 2021 $280M | $1.8B | $277M – $2.2B | $1.7B (-5%) | $244M | 0% | 791 | up | D | |
| 23 | Houzz Tech Companies · since Series D, 2014 | Series E Jun 2017 $400M | $1.8B | $342M – $4.1B | $1.8B (0%) | $572M | 46% | 1,365 | flat | D | |
| 24 | CuspAI Research Institutes · led at Series A, 2025 | Series B Jul 2026 $450M | $2.9B | $2.3B – $4.5B | $3.9B (+35%) | $429M | 0% | 94 | growing | B | |
| 25 | Greenlight Payment Processing & Point of Sale · since Seed, 2017 | Series D Apr 2021 $260M | $2.6B | $237M – $3.8B | $2.5B (-4%) | $447M | 6% | 687 | flat | D | |
| 26 | Branch Tech Companies · led at Seed, 2014 | Growth Equity Feb 2022 $300M | $1.9B | $321M – $4.5B | $1.9B (-2%) | $396M | 36% | 515 | flat | D | |
| 27 | Synthesia Tech Companies · led at Series D, 2025 | Growth Equity Nov 2025 $200M | $4.8B | $3.5B – $5.5B | $4.8B (0%) | $473M | 0% | 888 | growing | A | |
| 28 | Forter Tech Companies · led at Series B, 2014 | Series F May 2021 $300M | $1.6B | $263M – $4.8B | $1.5B (-9%) | $648M | 42% | 711 | flat | D | |
| 29 | Abcuro Pharmaceutical Products · led at Series C, 2025 | Series D Aug 2026 $66M | $826M | $542M – $1.3B | $770M (-7%) | $118M | 97% | 36 | shrinking | B | |
| 30 | MasterClass Learning, Tutoring & Courses · led at Series B, 2016 | Series F May 2021 $225M | $2.3B | $185M – $4.0B | $2.1B (-6%) | $466M | 0% | 803 | flat | D | |
| 31 | Moda Operandi Clothing Stores · since Growth, 2012 | Series G May 2021 $100M | $594M | $48.3M – $849M | $556M (-6%) | $96.9M | 1% | 382 | flat | D | |
| 32 | Kapital Bank Banks & ATMs · since Series A, 2023 | Series C Sep 2026 $125M | $1.3B | $914M – $2.4B | $1.7B (+26%) | $226M | 0% | 3,647 | growing | B | |
| 33 | Bloomreach Tech Companies · led at Series C, 2012 | Debt Oct 2022 $30M | $1.9B | $197M – $3.0B | $1.8B (-6%) | $315M | 13% | 1,165 | flat | D | |
| 34 | Horizon3.ai Tech Companies · led at Series D, 2025 | Series E Aug 2026 $250M | $2.1B | $1.7B – $3.2B | $2.7B (+28%) | $302M | 0% | 645 | growing | A | |
| 35 | Patreon Tech Companies · led at Series E, 2020 | Series F Aug 2021 $155M | $4.3B | $644M – $6.5B | $4.0B (-5%) | $710M | 0% | 1,228 | up | D | |
| 36 | Tech Companies · since Series B, 2017 | Series E Nov 2024 $175M | $2.9B | $1.7B – $3.3B | $2.9B (0%) | $318M | 0% | 1,055 | up | B | |
| 37 | Tech Companies · since Series B, 2026 | Series B Aug 2026 $280M | $2.2B | $1.7B – $3.5B | $3.0B (+39%) | $330M | 0% | 156 | growing | B | |
| 38 | Tech Companies · led at Series A, 2015 | Series E Aug 2021 $100M | $588M | $46.3M – $797M | $577M (-2%) | $76.2M | 9% | 10 | unknown | D | |
| 39 | Tech Companies · since Series C, 2017 | Acquisition Oct 2020 $3.20B | $1.9B acquired 2020 | $977M – $2.2B | – | – | 0% | – | unknown | B | |
| 40 | Tech Companies · led at Seed, 2011 | Series D Mar 2022 $150M | $865M | $113M – $1.7B | $790M (-9%) | $180M | 24% | 338 | flat | D | |
| 41 | Tech Companies · since Series B, 2016 | Growth Equity Sep 2024 $40M | $364M | $189M – $515M | $285M (-22%) | $41.0M | 44% | 218 | flat | B | |
| 42 | Tech Companies · since Seed, 2022 | Growth Equity Mar 2026 $95M | $731M | $498M – $1.1B | $778M (+6%) | $70.0M | 0% | 137 | growing | B | |
| 43 | Tech Companies · since Seed, 2014 | Series C Apr 2022 $150M | $813M | $107M – $1.6B | $739M (-9%) | $168M | 23% | 227 | flat | D | |
| 44 | Tech Companies · led at Series B, 2018 | Series E May 2022 $90M | $3.1B | $304M – $4.8B | $2.9B (-6%) | $508M | 3% | 452 | flat | D | |
| 45 | Tech Companies · led at Series A, 2024 | Series B Jul 2026 $100M | $759M | $464M – $1.4B | $988M (+30%) | $109M | 0% | 176 | growing | B | |
| 46 | Tech Companies · led at Series B, 2017 | Series D Dec 2021 $110M | $161M | $61.6M – $1.1B | $161M (0%) | $103M | 97% | 101 | down | D | |
| 47 | Tech Companies · since Series A, 2019 | Series C Feb 2022 $110M | $120M | $71.4M – $376M | $111M (-8%) | $118M | 97% | 41 | shrinking | C | |
| 48 | Tech Companies · since Series C, 2021 | Acquisition May 2025 $400M | $582M acquired 2025 | $122M – $2.2B | – | – | 61% | 280 | down | D | |
| 49 | Tech Companies · led at Series B, 2024 | Acquisition Jan 2026 | $635M acquired 2026 | $358M – $937M | – | – | 0% | 171 | growing | B | |
| 50 | Tech Companies · led at Series A, 2018 | Acquisition Mar 2026 | $354M acquired 2026 | $211M – $552M | – | – | 54% | 125 | up | B |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How New Enterprise Associates invests: stages, industries and countries
Most of its rounds are Series C and later (39%). Its companies span 63 industries, most in Tech Companies, Biotechnology and Medical Supply Manufacturers, across 24 countries.
Rounds by stage
- Pre-seed 2
- Seed 49
- Series A 103
- Series B 110
- Series C and later 166
- Other venture 1
Investments by industry
- Tech Companies 145
- Biotechnology 15
- Medical Supply Manufacturers 12
- Pharmaceutical Products 12
- Software Development Services 10
- Health Care Services 5
- Payment Processing & Point of Sale 5
- Media Companies 4
Investments by country
- United States 239
- United Kingdom 9
- Germany 6
- Spain 3
- Brazil 2
- China 2
Recent rounds
New Enterprise Associates' latest investments
New Enterprise Associates' most recent funding rounds, newest first. 37 rounds in the last 12 months.
- Series B, led $90M 6 Oct 2026
- Growth $31M 5 Oct 2026
- Growth $200M 15 Sep 2026
- Positron Series C, led $875M 10 Sep 2026
- Series A $35M 9 Sep 2026
- Series A $35M 9 Sep 2026
- Abcuro Series D $66M 18 Aug 2026
- Series B $280M 17 Aug 2026
- Databricks Growth $5.00B 13 Aug 2026
- Horizon3.ai Series E, led $250M 3 Aug 2026
Co-investors
New Enterprise Associates' top co-investors
The investors that most often join the same rounds as New Enterprise Associates. Andreessen Horowitz leads, with 36 rounds together.
- Andreessen Horowitz 36 rounds together
- GV 29 rounds together
- Accel 27 rounds together
- Sequoia Capital 17 rounds together
- Lightspeed Venture Partners 16 rounds together
- Greylock Partners 16 rounds together
- Y Combinator 16 rounds together
- Kleiner Perkins 16 rounds together
- Index Ventures 14 rounds together
- Coatue 14 rounds together
About
About New Enterprise Associates
New Enterprise Associates, Inc. is an American venture capital firm that provides investment services to entrepreneurs and companies in the technology and healthcare sectors. The firm operates across multiple stages, including seed, early, growth, and IPO, and is involved in mergers and acquisitions. Its activities include supporting companies in the life sciences sector and maintaining a presence in the United States, United Kingdom, and other international markets.
Description from Veridion's company data.
- Founded
- 1977
- Based in
- Menlo Park, United States
- Team
- 246 people, +23% in a year
- Type
- Venture capital firm
Focus markets
- Healthcare
- Technology
What New Enterprise Associates offers
- Venture Capital Investment Services
- Technology Sector Investment Services
- Healthcare Sector Investment Services
- Seed Stage Investment Services
- Early-Stage Investment Services
- Growth Stage Investment Services
- IPO Stage Investment Services
- Portfolio Company Governance and Advisory Services
Questions
New Enterprise Associates: frequently asked questions
How many companies has New Enterprise Associates invested in?
286 venture-backed companies on VCMC, across 431 funding rounds.
What are New Enterprise Associates' most valuable private companies?
Databricks ($193.6B), VAST Data ($34.5B), Perplexity ($25.5B), by VCMC's valuation.
What was New Enterprise Associates' latest investment?
Spiko, a Series B round in Oct 2026 of $90M, which New Enterprise Associates led.
Which stages does New Enterprise Associates invest in?
New Enterprise Associates invests most often at Series C and later (166 rounds), followed by Series B (110) and Series A (103). It has also joined 49 seed, 2 pre-seed and 1 other venture rounds.
What is New Enterprise Associates' portfolio worth?
Its private companies with a VCMC valuation are worth $518.1B together. That is the sum of the companies' values, not what New Enterprise Associates owns.
Who does New Enterprise Associates invest alongside?
Andreessen Horowitz (36 rounds), GV (29 rounds), Accel (27 rounds).