Press Release

NEA Promotes Julia Schottenstein to Principal

November 6, 2018

Menlo Park, CA — Nov. 6, 2018 — New Enterprise Associates, Inc. (NEA) today announced the promotion of Julia Schottenstein, a technology investor focused on enterprise companies, to Principal. Since joining NEA in 2016, Schottenstein has identified and partnered with numerous high potential, disruptive companies in open source infrastructure, DevOps, Big Data, SaaS applications, and autonomous robotics .

“We place a tremendous amount of value on developing our organization from within the firm, and Julia is a remarkable example of a talented investor who joined us at the earliest stages of her career and proved to be a very strong contributor in a relatively short period of time,” said Scott Sandell, Managing General Partner at NEA. “She has demonstrated a keen ability for identifying talented entrepreneurs, executing investment diligence that is both thorough and thoughtful, and having the conviction to ask tough questions and make principled decisions. We are thrilled to recognize Julia’s talent and contributions with this promotion to Principal.”

In addition to sourcing new investments, Schottenstein works closely with many existing NEA portfolio companies. She serves on the Board of Sentry and is a Board Observer of Built Robotics, Konux, Mode, One Concern, SmartCar, and UnifyID, and is also involved with NEA’s investments in Automation Anywhere and Drive.ai.

Prior to joining NEA, Julia was an Investment Banker at Qatalyst Partners, where she focused on software, internet, and networking companies, and worked on M&A transactions totaling more than $37 billion in aggregate value. Julia graduated from Stanford University with dual Bachelor of Science degrees in Computer Science and Management Science & Engineering.

About NEA

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With more than $20 billion in cumulative committed capital since the firm’s first fund closed in 1978, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of successful investing includes more than 225 portfolio company IPOs and more than 375 acquisitions. www.nea.com.

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Contact:      

NEA

Ashley Mitchell                                                          

+1-650-687-1532;

amitchell@nea.com