Blog

  • What size Series A round can you expect to raise?

    *note: originally published on Amit Mukherjee's personal blog There are few variables that impact a startup’s trajectory as profoundly as the size of its Series A. Raising $10M versus $3M will fundamentally alter a company’s growth. Hiring, product development, and the number of customers the company acquires are all capital-constrained activities. Despite how critical the size of the Series A is, few seed-stage entrepreneurs have a deep appreciation for how large a…

  • FUSIONOPS:  TRANSFORMING THE GLOBAL SUPPLY CHAIN FOR THE ON-DEMAND WORLD

    We are excited to be a part of the $25 M financing announced today for FusionOps, who has rapidly grown to become the world’s leading supply chain intelligence cloud.  NEA was privileged to invest in the company two years ago and has watched FusionOps grow its customers, revenues, and usage by over 400% since that time.  Their unique solution combines industry-specific supply chain expertise with today’s modern cloud and big data analytics, making traditionally opaque…

  • More than a Health Plan…

    If innovation comes in waves, then the managed care industry may very well be in the midst of a tsunami. The last seismic shift in the industry was arguably back in the nineties, resulting from legislation like the Balanced Budget Act—which imposed new payment structures, stricter compliance, and increased incentives for efficiency. Health Plan operation and administration was forced to adapt, and even though this period coincided with the explosion of the internet—emerging…

  • Veriflow: The Next Great Startup with Cal Connections

    Investors have long realized that great companies can grow out of academia, and NEA has been fortunate to invest in many—Tableau Software is perhaps the latest and greatest example. Nobody is ever surprised to learn that Tableau originated at Stanford—generally considered the golden goose of academic institutions with a long list of successful tech companies including Google, Sun, and Cisco to name a few. It helps that you can hit Stanford with a 9-iron from Sand Hill Road. What is…

  • State of the Startup Economy (End of Q1 2016)

    *note: originally published on Amit Mukherjee's personal blog With Q1 2016 nearly in the books, it’s obvious that the tech sector is experiencing a downturn. Having been on the ground as a venture capitalist for NEA through this cycle, I’ve experienced first-hand how sentiment and decision-making has changed over the past nine months across hundreds of deals that we have evaluated. In this blog post, I aim to (1) cite a number of data points that illustrate the downturn and (2)…