DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / NEA 15 Opportunity Fund, L.P.
NEA 15 Opportunity Fund, L.P.
HarvestClosed to new capitalOpportunity fundADV: Venture Capital FundNEW Enterprise AssociatesDelaware
Amounts, each with its basis
- Vintage
- 2015basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $350Mwhat may be sold, not what was raised; file 021-238034, sworn by the adviser or filed under this vehicle
- Form D sold
- $350Mas of the filing of Apr 15, 2015, 9 investors
- First sale
- Apr 8, 2015
- Reported GAV
- $1.0Bon the Form ADV filed Nov 25, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 9
- Reported on ADV
- Mar 29, 2016 to Nov 25, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2015-04-15: the stated $350.0M offering reported fully sold (fr-1)
evidence dated Apr 15, 2015. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 11first sale: 2015-04-08vintage year: $2,015adv gav as of: 2024-11-25vintage basis: form_d_first_saleform d sold usd: $350Mform d offering usd: $350Mform d latest filed at: 2015-04-15
The fund's own reporting through time
14 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2016 | Venture Capital Fund | $85.6M | 9 | $7.1M | 2% | yes | |
| Mar 31, 2017 | Venture Capital Fund | $238M | 9 | $7.1M | 2% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $246M | 10 | $7.1M | 2% | yes | |
| Mar 27, 2019 | Venture Capital Fund | $401M | 10 | $7.1M | 2% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $407M | 10 | $7.1M | 2% | yes | |
| Jan 22, 2021 | Venture Capital Fund | $407M | 10 | $7.1M | 2% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $655M | 9 | $9.1M | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $1.1B | 9 | $9.1M | 2% | yes | |
| Dec 21, 2022 | Venture Capital Fund | $828M | 9 | $9.1M | 2% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $774M | 9 | $9.1M | 2% | yes | |
| Nov 8, 2023 | Venture Capital Fund | $774M | 9 | $9.1M | 2% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $1.0B | 9 | $9.1M | 1% | yes | |
| Apr 25, 2024 | Venture Capital Fund | $1.0B | 9 | $9.1M | 1% | yes | |
| Nov 25, 2024 | Venture Capital Fund | $1.0B | 9 | $9.1M | 1% | yes |
Principals and agents
12 principals on Form D, 0 placement agents
- Peter W. Sonsini Executive Officer
- Forest J. Baskett Executive Officer
- Anthony a. Florence Executive Officer
- Peter J. Barris Executive Officer
- NEA Partners 15-OF, L.P. Executive Officer
- Krishna S. Kolluri Executive Officer
- JON M. Sakoda Executive Officer
- David M. Mott Executive Officer
- Harry R. Weller Executive Officer
- Ravi W. Viswanathan Executive Officer
- Scott D. Sandell Executive Officer
- NEA 15 GP, LLC Executive Officer
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| California State Teachers' Retirement System calstrs.com | 2015 | $35.0M | $34.8M | $50.2M | $78.0M | 25.2% | 3.7x | Jun 30, 2025 |
Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
- Jun 30, 2025CalSTRS reports NEA 15 Opportunity Fund, L.P.: $35,000,000 committed, vintage 2015, net IRR 25.2%, 3.68xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports NEA 15 Opportunity Fund, L.P.: $35,000,000 committed, vintage 2015, net IRR 25.2%, 3.68xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 29, 2016NEA 15 Opportunity Fund, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $85,605,884Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 15, 2015NEA 15 Opportunity Fund, L.P. filed Form D: $350,000,000 sold of $350,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $350M Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $350M Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2015-04-08 Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 7,140,000 Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM, MD, 21093 Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2015 Apr 15, 2015 Fact SEC EDGAR Form D data sets (quarterly)