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 / NEW Enterprise Associates 14, L.P.
NEW Enterprise Associates 14, L.P.
Amounts, each with its basis
- Vintage
- 2012basis: 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
- $2.6Bwhat may be sold, not what was raised; file 021-175533, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.1Bas of the filing of May 9, 2012, 146 investors
- First sale
- May 4, 2012
- Reported GAV
- $5.8Bon the Form ADV filed Nov 25, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 220
- Reported on ADV
- Mar 28, 2013 to Nov 25, 2024
- Structure
- master
Fundraising evidence
Unknown
latest Form D 2012-05-09, older than 15 months (fr-1)
evidence dated May 9, 2012. 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: 14first sale: 2012-05-04vintage year: $2,012adv gav as of: 2024-11-25vintage basis: form_d_first_saleform d sold usd: $2.1Bform d offering usd: $2.6Bform d latest filed at: 2012-05-09
The fund's own reporting through time
17 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2013 | Venture Capital Fund | $2.6B | 256 | $50,000 | 2% | yes | |
| Mar 28, 2014 | Venture Capital Fund | $2.7B | 220 | $50,000 | 2% | yes | |
| Mar 30, 2015 | Venture Capital Fund | $2.2B | 223 | $50,000 | 2% | yes | |
| Mar 29, 2016 | Venture Capital Fund | $3.4B | 224 | $50,000 | 2% | yes | |
| Mar 31, 2017 | Venture Capital Fund | $4.0B | 224 | $50,000 | 2% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $4.5B | 224 | $50,000 | 2% | yes | |
| Mar 27, 2019 | Venture Capital Fund | $4.2B | 225 | $50,000 | 2% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $4.4B | 225 | $50,000 | 2% | yes | |
| Jan 22, 2021 | Venture Capital Fund | $4.4B | 225 | $50,000 | 2% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $5.2B | 225 | $50,000 | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $8.7B | 218 | $50,000 | 2% | yes | |
| Dec 21, 2022 | Venture Capital Fund | $5.9B | 219 | $50,000 | 2% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $5.6B | 220 | $50,000 | 2% | yes | |
| Nov 8, 2023 | Venture Capital Fund | $5.6B | 220 | $50,000 | 2% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $5.8B | 220 | $50,000 | 2% | yes | |
| Apr 25, 2024 | Venture Capital Fund | $5.8B | 220 | $50,000 | 2% | yes | |
| Nov 25, 2024 | Venture Capital Fund | $5.8B | 220 | $50,000 | 2% | yes |
Principals and agents
14 principals on Form D, 0 placement agents
- Forest J. Baskett Director
- Ravi W. Viswanathan Director
- Krishna S. Kolluri Director
- Peter J. Barris Director
- Ryan D. Drant Director
- Peter W. Sonsini Director
- Scott D. Sandell Director
- Anthony a. Florence Director
- Harry R. Weller Director
- NEA 14 GP , Ltd Executive Officer
- M. James Barrett Director
- NEA Partners 14, L.P. Executive Officer
- David M. Mott Director
- Patrick J. Kerins Director
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2012 | $25.0M | n/a | n/a | n/a | not meaningful yet | unknown | Dec 31, 2025 |
| California State Teachers' Retirement System calstrs.com | 2012 | $160M | $157M | $235M | $225M | 14.9% | 2.9x | 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
6 events
- Dec 31, 2025APFC reports New Enterprise Associates 14 LP: $25,000,000 committed, vintage 2012LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports New Enterprise Associates 14, L.P.: $160,000,000 committed, vintage 2012, net IRR 14.9%, 2.94xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports New Enterprise Associates 14, L.P.: $160,000,000 committed, vintage 2012, net IRR 14.9%, 2.94xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 28, 2013NEW Enterprise Associates 14, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $2,562,795,177Fund 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)
- May 9, 2012New Enterprise Associates 14, L.P. filed Form D/A: $2,075,859,276 sold of $2,562,940,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 26, 2012New Enterprise Associates 14, L.P. filed Form D: no sales yet of $2,300,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
30 observations
Every observation on this vehicle
- Entity type: Limited Partnership May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: yetToBeFormed Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $2.1B May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $2.6B May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $2.3B Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2012-05-04 May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 146 May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM, MD, 21093 May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM, MD, 21093 Mar 26, 2012 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2012 May 9, 2012 Fact SEC EDGAR Form D data sets (quarterly)