New enterprise associates
New Enterprise Associates (NEA) is a leading venture capital firm that invests in a wide range of industries, including technology, healthcare, and consumer products. Here are some key facts about NEA:
History: NEA was founded in 1978 by five entrepreneurs who had previously worked together at the venture capital firm, Venrock Associates.
Investment Strategy: NEA invests in early-stage companies, typically in the seed, Series A, and Series B rounds. They focus on companies with high growth potential, strong management teams, and innovative products or services.
Portfolio Companies: NEA has invested in over 900 companies, including some well-known brands such as:
- Airbnb
- Dropbox
- Spotify
- Tesla
- Uber
- Zoom
Investment Areas: NEA invests in a variety of industries, including:
- Technology: software, internet, mobile, and enterprise technology
- Healthcare: biotechnology, medical devices, and healthcare services
- Consumer: consumer products, e-commerce, and digital media
- Energy: clean energy, energy efficiency, and sustainable infrastructure
Funds: NEA has raised over $20 billion across 20 funds, with the most recent fund, NEA 20, raising $3.5 billion in 2020.
Team: NEA has a team of over 100 investment professionals, with offices in the United States, China, India, and Israel.
Awards and Recognition: NEA has received numerous awards and recognition, including:
- "Best Venture Capital Firm" by Forbes
- "Top 10 Venture Capital Firm" by PitchBook
- "Most Active Venture Capital Firm" by CB Insights
Philanthropy: NEA is committed to giving back to the community and has a strong philanthropic program. The firm has donated millions of dollars to various causes, including education, healthcare, and entrepreneurship.
Overall, New Enterprise Associates is a highly respected and successful venture capital firm that has played a significant role in the growth and development of many innovative companies.