NEW Enterprise Associates
Multi-stage venture firm, based in Menlo Park, California, reporting $34B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
89 additional team members, 41 additional co-investors and affiliates, 192 additional investments, funds and LPs, 75 events, 25 verified contacts (21 professional url, 3 published business email, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 12 Aug 2026 ($5B sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 1 departurepeople, 12 months
A team member departed 36 days ago.
A partner leaving or arriving changes who decides, and who a founder or LP should call.
InferenceIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)For Founders, LPs, recruitersTeam → - 4 dealswith Institutional Venture
Invests most often alongside Institutional Venture (4 shared deals) and Sequoia Capital (4 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Executive Chairman & Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionNo route on file yet
- PartnerWhy: Partner: part of the investment decisionNo route on file yet
- PartnerWhy: Partner: part of the investment decisionNo route on file yet
Relationship network
235 connected entities69 observed rounds20 repeat counterparties
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to NEW Enterprise Associates: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to NEW Enterprise Associates
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
89 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Brale | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Celcuity Inc. | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Cloudflare | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, enterprise software, healthcare, consumer, media
- Stages
- seed, series a, series b
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
59 current, 35 departed
Decision makers
- Scott David Sandell · Executive Chairman & Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
- Aaron Jacobson · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Alex Sharata · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Executive Chairman & Chief Investment Officer
- Partner
- Partner
39 departed (kept with end dates)
- Charles Richard Kramlich · Trustee · Jun 1, 1994 to Dec 21, 2022 Inference
- Cornelius C Bond · Trustee · Jul 1, 1987 to Mar 28, 2014 Inference
- David Morrell Mott · Trustee · May 1, 2001 to Dec 21, 2022 Inference
Contacts
3 published business email, 1 firm phone, 21 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
44 vehicles, 7 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| NEA Secondary Opportunity Fund, L.P. | Opportunity fund · ADV: Private Equity Fund | 2024 form d first sale | Early deployment | $1.0B Aug 26, 2026 | 60 | $468M of $468M | Jul 18, 2024 |
| NEA Sh Spv, L.P. | SPV or co-invest vehicle | 2023 form d first sale | Active deployment | $18.8M Aug 26, 2026 | 1 | $12.5M of $12.5M | Jun 25, 2025 |
| NEA Ventures 2022, L.P. | Fund | 2022 name year | Active deployment | $458,600 Mar 31, 2022 | 53 | unknown | unknown |
Limited partners
- 2021-12-223 commitments to 3 funds · $110M disclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | NEW Enterprise Associates 16, L.P. | $300M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | NEW Enterprise Associates 17, L.P. | $225M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| California State Teachers' Retirement System | STATE RETIREMENT SYSTEM | New Enterprise Associates 10, L.P | $200M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
Relationships across DFX
99 co-investors · on 5 other DFX graphs
Co-investors
- 2026-10-014 shared deals · strong
- 2026-10-014 shared deals · strong
- 2017-01-204 shared deals · strong
Compare portfolios with Institutional Venture, Sequoia Capital, MPM Bioimpact or any firm. Co-investors across the market
Across DFX and the capital chainon 5 other DFX graphs · 228 capital paths ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Allocators, Private Equity, RIA and Wealth, Independent Sponsors, Private Credit, matched by identifier. See which records
NEW Enterprise Associates is the same institution as 5 records in Allocators, Private Equity, RIA and Wealth, Independent Sponsors and Private Credit.
DFX found 5 relationships across 5 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
NEW Enterprise Associates sits on 228 traced paths of capital across the graphs.
DFX traced 228 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
80 dated events, 70 observations from 4 sources
Timeline
- Aug 26, 2026Jerald Amedee Sanchez (Chief Compliance Officer) no longer on Schedule A of NEW Enterprise Associates
- Aug 26, 2026NEA Ch Spv, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $94,672,927
- Aug 26, 2026NEA 1m 2025 Spv, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $9,848,018
- Aug 26, 2026NEA Pla 2025 Spv, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $44,381,105
- Aug 26, 2026NEA Rp Spv, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $376,031,818
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Aug 26, 2026 · 27 private fundsShowHide
Website description: Foundational partners to ambitious founders at every stage of company-building.
- Headquarters
- Menlo Park, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- NEA.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Aug 26, 2026
- Private funds reported
- 27 (26 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $36Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $36Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 113
- Owners on Schedule A
- Blue Mountain Trust Dated April 29, 2019 (Member Of The Managing Member Of The Adviser), owns 50% to 75%; Suzanne King Trust Dated January 30, 2001 (Member Of The Managing Member Of The Adviser); Wsh-Nimbus (s) LLC (Non-Managing Member)
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $34.4B
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $26.4B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Aug 26, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Aug 26, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Aug 26, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Nov 25, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Aug 26, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Nov 25, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-08-26 | Aug 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-08-26 | Aug 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-11-25 | Nov 25, 2024 | Fact | Form ADV |
| SEC status | Approved | Aug 26, 2026 | Fact | Form ADV |
| SEC status effective | 2023-01-30 | Aug 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Aug 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Nov 25, 2024 | Fact | Form ADV |
| Business phone | Aug 26, 2026 | Fact | Form ADV | |
| Business phone | Nov 25, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Employees | 113 | Aug 26, 2026 | Fact | Form ADV |
| Employees | 126 | Nov 25, 2024 | Fact | Form ADV |
| Headquarters | Aug 26, 2026 | Fact | Form ADV | |
| Headquarters | Nov 25, 2024 | Fact | Form ADV | |
| Office address | Aug 26, 2026 | Fact | Form ADV | |
| Office address | Nov 25, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Aug 26, 2026 | Fact | Form ADV |
| PE funds reported | 1 | Aug 26, 2026 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Private funds reported | 27 | Aug 26, 2026 | Fact | Form ADV |
| Private funds reported | 27 | Aug 26, 2026 | Fact | Form ADV |
| Private funds reported | 19 | Nov 25, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $36B | Aug 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $36B | Aug 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $27B | Nov 25, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $36B | Aug 26, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $26B | Nov 25, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Aug 26, 2026 | Fact | Form ADV |
| Stated sectors | AI, enterprise software, healthcare, consumer, media “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Seed, series a, series b “stage words on the home page” | Sep 30, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Venture funds reported | 26 | Aug 26, 2026 | Fact | Form ADV |
| Venture funds reported | 26 | Aug 26, 2026 | Fact | Form ADV |
| Venture funds reported | 18 | Nov 25, 2024 | Fact | Form ADV |
| Website | Nov 25, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probable · 2 filing advisers share this firmShowHide
Both early and growth/opportunity families, reported GAV $34.4B
This firm files as 2 advisers on nea.com: Indo US Capital, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 1 · funds: 1 · people: 1 · investments: 0.75 · co investors: 0.81
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 55 · reported gav: $34B · first adv filing: 2012-03-30 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Member rows moved to anchor2026-10-01
- Grouped with firm2026-09-12
- LP commitment disclosed2025-12-31source on record
+10 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.