At a glance
New Enterprise Associates (NEA) appears in 5 funding rounds tracked by ValueAddVC since 2026, leading 5. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was Positron AI's $875M Series C round (Sep 10, 2026). ValueAddVC also tracks 10 funds managed by New Enterprise Associates (NEA).
Strategy
Stages
SeedSeries ASeries BGrowth
Sectors
AIEnterpriseHealthcareFintechConsumerVertical AI
Geographies
USAMenlo Park, California, USA
Check size
$500K–$100MRecent changes
- Sep 10, 2026Sep 10, 2026Invested in Positron AI (Series C, $875M) PR Newswire (company announcement)
- Sep 5, 2026Sep 5, 2026Stages updated: Seed, Series A, Series B, Growth nea.com
- Sep 5, 2026Sep 5, 2026Check size updated: $500K–$100M nea.com
- Sep 5, 2026Sep 5, 2026Sectors updated: AI, Enterprise, Healthcare, Fintech, Consumer, Vertical AI nea.com
- Aug 3, 2026Aug 3, 2026Invested in Horizon3.ai (Series E, $250M) TechCrunch
Earlier changes (13)
- Aug 3, 2026Aug 3, 2026Invested in P-1 AI (Series A, $50M) Tech Startups
- Jul 20, 2026Jul 20, 2026Invested in CuspAI (Series B, $450M) CNBC
- Jul 1, 2026Jul 1, 2026Invested in TwelveLabs (Series B, $100M) PYMNTS
- Dec 18, 2025Dec 18, 2025New fund: New Enterprise Associates (NEA) Fund 19 SEC EDGAR Form D
- Dec 22, 2021Dec 22, 2021New fund: New Enterprise Associates (NEA) Fund 18 (target $2.9B) SEC EDGAR Form D
- Mar 1, 2019Mar 1, 2019New fund: New Enterprise Associates (NEA) Fund 17 (target $3.6B) SEC EDGAR Form D
- Jan 17, 2017Jan 17, 2017New fund: New Enterprise Associates (NEA) Fund 16 (target $3B) SEC EDGAR Form D
- 20172017New fund: New Enterprise Associates (NEA) Fund XVI ($3.3B) Wikipedia
- Apr 15, 2015Apr 15, 2015New fund: New Enterprise Associates (NEA) Opportunity Fund 15 ($350M) SEC EDGAR Form D
- Jan 13, 2015Jan 13, 2015New fund: New Enterprise Associates (NEA) Fund 15 (target $2.5B) SEC EDGAR Form D
- 20152015New fund: New Enterprise Associates (NEA) Fund XV ($3.1B) Wikipedia
- 20122012New fund: New Enterprise Associates (NEA) Fund XIV ($2.6B) Wikipedia
- 20102010New fund: New Enterprise Associates (NEA) Fund XIII ($2.5B) Wikipedia
Funds
10| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| New Enterprise Associates (NEA) Fund 19 | 2025 | — | Flagship | As of Dec 18, 2025SEC EDGAR Form D |
| New Enterprise Associates (NEA) Fund 18 | 2021 | target $2.9B | Flagship | As of May 24, 2022SEC EDGAR Form D |
| New Enterprise Associates (NEA) Fund 17 | 2019 | target $3.6B | Flagship | As of Mar 1, 2019SEC EDGAR Form D |
| New Enterprise Associates (NEA) Fund 16 | 2017 | target $3B | Flagship | As of Jan 17, 2017SEC EDGAR Form D |
| New Enterprise Associates (NEA) Fund XVI | 2017 | $3.3B | Other | As of 2017Wikipedia |
Show 5 earlier funds
| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| New Enterprise Associates (NEA) Opportunity Fund 15 | 2015 | $350M | Opportunity | As of Apr 15, 2015SEC EDGAR Form D |
| New Enterprise Associates (NEA) Fund 15 | 2015 | target $2.5B | Flagship | As of Jan 13, 2015SEC EDGAR Form D |
| New Enterprise Associates (NEA) Fund XV | 2015 | $3.1B | Other | As of 2015Wikipedia |
| New Enterprise Associates (NEA) Fund XIV | 2012 | $2.6B | Other | As of 2012Wikipedia |
| New Enterprise Associates (NEA) Fund XIII | 2010 | $2.5B | Other | As of 2010Wikipedia |
Portfolio
8 totalRecent Investment Activity
5Track record: led 5 and participated in 0 of 5 tracked venture rounds · 5 in the last 12 months · led 2 Series B, 1 Series C, 1 Series E, 1 Series A
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Sep 10, 2026 | Positron AI | Series C | Led | $875M | $5B | New Enterprise Associates (NEA)LeadAtreides ManagementLeadValor Equity PartnersLeadAndra CapitalLeadSemiAnalysis CapitalJim Clark | PR Newswire (company announcement) |
| Aug 3, 2026 | Horizon3.ai | Series E | Led | $250M | $2B+ | TechCrunch | |
| Aug 3, 2026 | P-1 AI | Series A | Led | $50M | — | Pulse story | |
| Jul 20, 2026 | CuspAI | Series B | Led | $450M | $2.6B | Kleiner PerkinsLeadunverifiedNew Enterprise Associates (NEA)LeadunverifiedBezos ExpeditionsunverifiedGlade Brook CapitalunverifiedLux CapitalunverifiedAMD VenturesunverifiedTemasekunverifiedUK Sovereign AI Venture Fund | CNBC |
| Jul 1, 2026 | TwelveLabs | Series B | Led | $100M | — | PYMNTS |
Sector / Stage Activity
By sector (portfolio)
AI infra
5 · 63%
Cybersecurity
1 · 13%
Fintech
1 · 13%
Semiconductors
1 · 13%
By stage (tracked rounds)
Series B
2 · 40%
Series C
1 · 20%
Series E
1 · 20%
Series A
1 · 20%
Co-Investors
12Value Add Research
- Company Deep Dive · Oct 5, 2026Plaid: Inside the $8 Billion Bank-Linking API Behind Venmo, Robinhood, and ChatGPT
- VC & Investing · Sep 18, 2026How to Move From Operator to VC: The Real Path
- AI & Technology · Sep 12, 2026Positron AI Valuation: $875M Series C at $5B, Up From $1.06B
- AI & Technology · Sep 9, 2026Forus Valuation: $3B After $150M Series C, Triple in 4 Months
- AI & Technology · Sep 2, 2026Horizon3.ai Valuation 2026: $2B Series E and 120% ARR Growth
- AI & Technology · Aug 29, 2026World Labs Valuation 2026: Fei-Fei Li's AI Startup at a Reported $5B
- AI & Technology · Aug 21, 2026$2B Wispr Flow — $280M Series B, 3x in 9 Months
- AI & Technology · Aug 14, 2026Databricks Raises $5B at $190B Valuation: Inside the Deal
Latest Pulse
- Sep 28, 2026AMD Buys Fei-Fei Li's World Labs For $8.2BAMD is paying $8.2 billion in stock for Fei-Fei Li's spatial-intelligence startup World Labs, a direct answer to Nvidia's own world-model push and its pending Hugging Face acquisition.→
- Sep 16, 2026Factory Triples To $5B Valuation In Five MonthsFactory raised $200 million at a $5 billion valuation, tripling its price tag from April as the AI coding-agent company pitches full software-development automation rather than autocomplete.→
- Sep 14, 2026Nine US Rounds, $8.7B, Ten Days: September's Real PaceValue Add Pulse totaled the nine largest US venture rounds of September 5-11 and found $8.7 billion committed, with three deals at $1 billion or more.→
- Sep 10, 2026Positron AI Raises $875M At $5B ValuationAI inference-chip startup Positron AI raised $875 million at a $5 billion valuation, more than quadrupling its value in seven months as it races to tape out its memory-heavy Asimov chip on TSMC's N3P process.→
- Aug 24, 2026Nvidia Weighs Perplexity Investment Above $30BNvidia has discussed investing in Perplexity at a valuation above $30 billion and separately considered a technology licensing arrangement with the AI search company.→
- Aug 17, 2026Wispr Raises $280M at $2B on Voice AI BetVoice AI startup Wispr raised a $280 million Series B led by Menlo Ventures at a $2 billion valuation, more than six times its prior mark, as it expands from dictation into meeting notes and other text-box replacements.→
- Aug 17, 2026Wispr Flow Raises $280M at $2B ValuationWispr Flow raised a $280 million Series B led by Menlo Ventures at a $2 billion valuation, bringing total funding to $361 million less than ten months after its prior round, and previewed a proprietary speech model that cuts word-error rates from over 30% to as low as 5%.→
- Aug 11, 2026AI Agent Security Funding Tops $435M in Two WeeksCorma, Zenity and Horizon3 raised a combined $435 million in the first ten days of August for AI-agent and AI-driven cybersecurity defense, three separate bets that defensive tooling is under-capitalized relative to offensive AI capability.→
- Aug 3, 2026P-1 AI Raises $50M to Automate Engineering DesignP-1 AI raised a $50M Series A led by NEA for Archie, an AI agent that performs mechanical and electrical design work -- one of the few funding stories this week aimed at industrial engineering rather than software.→
- Aug 3, 2026TwelveLabs Raises $100M to Build Video SuperintelligenceTwelveLabs raised a $100M Series B co-led by NEA and NAVER Ventures to expand beyond video-understanding models into a full-stack agentic system combining perception, knowledge and reasoning for video.→
New Enterprise Associates (NEA) FAQ
How large are New Enterprise Associates (NEA)'s funds?
New Enterprise Associates (NEA) funds Value Add tracks include New Enterprise Associates (NEA) Fund XVI ($3.3B, 2017); New Enterprise Associates (NEA) Opportunity Fund 15 ($350M, 2015); New Enterprise Associates (NEA) Fund XV ($3.1B, 2015); New Enterprise Associates (NEA) Fund XIV ($2.6B, 2012), out of 10 New Enterprise Associates (NEA) funds tracked in total.
What companies has New Enterprise Associates (NEA) invested in?
New Enterprise Associates (NEA)'s portfolio includes Positron AI, Horizon3.ai, P-1 AI, Anyscale, CuspAI, TwelveLabs, and 2 more tracked companies.
Who does New Enterprise Associates (NEA) co-invest with most?
In the rounds Value Add tracks, New Enterprise Associates (NEA) most often invests alongside Bezos Expeditions (2 shared deals), Glade Brook Capital (2 shared deals), Kleiner Perkins (2 shared deals), Index Ventures (2 shared deals), NAVER Ventures (2 shared deals).
Sources & methodologyshow
Where these figures come from
- PR Newswire (company announcement)primary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- CNBCmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.