Blog

  • Growing Equity in Europe: Our Series B Investment in Ledgy

    In recent years, the European venture ecosystem has matured significantly— the amount of funding that went into European startups grew more than tenfold over the past decade and the capital is just the beginning [1] . Europe houses world class talent, fueled by leading universities that have made entrepreneurship a core pillar of their education via courses, startup incubators, and other initiatives. This talent is flowing into major European hubs such as London, Berlin, Stockholm or…

  • The Twenty Minute VC featuring Scott Sandell and Rick Yang on Robinhood

    Scott Sandell, Managing General Partner, and Rick Yang, General Partner and Head of Consumer Investing was featured on The Twenty Minute VC for a conversation around our original investment in Robinhood. In this episode with Scott Sandell and Rick Yang you will learn: 1.) How Rick came to meet Vlad, Robinhood Founder, for the first time? What impressed Rick most in that first meeting? How did the internal discussions proceed at NEA? Was it a unanimous decision to make the investment? 2.)…

  • Modernizing the Nation’s 11,500 Financial Institutions: Announcing Our Investment in Narmi

    Banking is among the world’s most significant industries. Yet, while billions are spent annually on providing technology to financial institutions (FIs), the sector remains dominated by only a handful of legacy vendors that fail to deliver modern, scalable and high performing solutions. Customers expect their financial institutions to offer responsive and engaging experiences, and we know the future of banking will be represented by cloud-based, nimble technologies. Further, as the challenges…

  • The Hard Work Behind Making Money Easy: Seven Founder Strategies that Drove Success at Plaid.

    Make money easier. That’s how William Hockey and Zach Perret pitched their fintech developer platform to us in 2013. It was a compelling and ambitious mission that aligned well with our deepening investment thesis around fintech. We had early conviction in Plaid’s potential to be a leader in the space, connecting banks and financial institutions to new technologies and applications. We were lucky enough that the founders allowed us to partner up with them in their seed round and every…

  • Focus on Fintech: The Opportunity to Transform Financial Services

    The size of an opportunity has a direct relationship with the potential for outsized returns. Again and again, we’ve seen that the companies with the largest magnitude of success are those that target massive markets, primed for innovation. Over the course of NEA’s 35+ year history, this market opportunity-to-success ratio has fueled disruption in industries from software to healthcare, to energy, to education, and beyond. Long story short: if the market’s big and the state of innovation is…