New Enterprise Associates

NEA Background

Overview

New Enterprise Associates
Founded in 1978
Offices in Baltimore, Maryland; Chevy Chase, Maryland; and Menlo, California

Firm Leaders

Funds

Approximately $8.5 billion under management across 13 funds, 8 of which are active:

  • NEA 12 closed in 2006 at $2.5 billion
  • NEA 11 closed in 2003 at $1.1 billion
  • NEA 8a closed in 2001 at $157 million
  • NEA 10 closed in 2000 at $ 2.3 billion
  • NEA 9 closed in 1999 at $880 million
  • NEA 8 closed in 1998 at $566 million
  • NEA 7 closed in 1996 at $311 million
  • NEA 6 closed in 1993 at $230 million

Typical Investment

NEA often leads early-stage equity rounds, with a typical initial investment of $3-10 million and the ability to participate in every stage of investment at full pro-rata or above. On average, we will invest $20 million per investment, however may deploy as much as $50-100 million in later-stage companies and venture growth equity opportunities. See investment strategy section of this website for more detail.

Investment Areas

Healthcare and Information Technology.

Portfolio Companies

More than 500 investments since 1978, including:

  • Amerigroup
  • Immunex
  • Juniper Networks
  • Myogen
  • TiVo
  • Pharmion
  • Macromedia
  • Sepracor
  • UUNET
  • Webex

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