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 17, L.P.
NEW Enterprise Associates 17, L.P.
Amounts, each with its basis
- Vintage
- 2020basis: adv first reported
- 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
- $3.6Bwhat may be sold, not what was raised; file 021-333845, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 1, 2019
- First sale
- unknown
- Reported GAV
- $3.9Bon the Form ADV filed Nov 25, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 246
- Reported on ADV
- Mar 27, 2020 to Nov 25, 2024
Fundraising evidence
Unknown
latest Form D 2019-03-01, older than 15 months (fr-1)
evidence dated Mar 1, 2019. 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
Mature
vintage 4 to 7 years
age years: 6first sale: n/avintage year: $2,020adv gav as of: 2024-11-25vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $3.6Bform d latest filed at: 2019-03-01
The fund's own reporting through time
10 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2020 | Venture Capital Fund | $542M | 246 | $50,000 | 2% | yes | |
| Jan 22, 2021 | Venture Capital Fund | $542M | 246 | $50,000 | 2% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $3.9B | 245 | $78,630 | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $4.8B | 245 | $78,630 | 2% | yes | |
| Dec 21, 2022 | Venture Capital Fund | $3.1B | 246 | $78,630 | 2% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $3.9B | 246 | $78,630 | 2% | yes | |
| Nov 8, 2023 | Venture Capital Fund | $3.9B | 246 | $78,630 | 2% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $3.9B | 246 | $78,630 | 2% | yes | |
| Apr 25, 2024 | Venture Capital Fund | $3.9B | 246 | $78,630 | 2% | yes | |
| Nov 25, 2024 | Venture Capital Fund | $3.9B | 246 | $78,630 | 2% | yes |
Principals and agents
12 principals on Form D, 0 placement agents
- Paul E. Walker Executive Officer
- Joshua H. Makower Executive Officer
- Anthony a. Florence Executive Officer
- ALI Behbahani Executive Officer
- Mohamad H. Makhzoumi Executive Officer
- Carmen Chang Executive Officer
- Scott D. Sandell Executive Officer
- NEA Partners 17, L.P. Executive Officer
- Forest Baskett Executive Officer
- David M. Mott Executive Officer
- Peter W. Sonsini Executive Officer
- NEA 17 GP, LLC Executive Officer
Limited partners and their reported performance
4 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2019 | $30.0M | n/a | n/a | n/a | not meaningful yet | unknown | Dec 31, 2025 |
| Los Angeles City Employees' Retirement System lacers.org | 2019 | n/a | n/a | n/a | n/a | 7.3% | 1.3x | Dec 31, 2025 |
| California State Teachers' Retirement System calstrs.com | 2019 | $225M | $200M | $32.0M | $202M | 4.5% | 1.2x | Jun 30, 2025 |
| Los Angeles City Employees' Retirement System lacers.org | 2019 | $35.0M | n/a | n/a | n/a | not meaningful yet | unknown | Jun 6, 2019 |
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
7 events
- Dec 31, 2025LACERS reports New Enterprise Associates 17: an undisclosed amount committed, vintage 2019, net IRR 7.3%, 1.34xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025APFC reports New Enterprise Associates 17 LP: $30,000,000 committed, vintage 2019LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports New Enterprise Associates 17, L.P.: $225,000,000 committed, vintage 2019, net IRR 4.5%, 1.17xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports New Enterprise Associates 17, L.P.: $225,000,000 committed, vintage 2019, net IRR 4.5%, 1.17xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 27, 2020NEW Enterprise Associates 17, L.P. first reported on Form ADV by NEW Enterprise Associates (Venture Capital Fund), GAV $542,343,440Fund 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)
- Jun 6, 2019LACERS commits $35,000,000 to New Enterprise Associates 17 (NEA), closed 2019-06-06, existing relationship
- Mar 1, 2019New Enterprise Associates 17, L.P. filed Form D: no sales yet of $3,600,000,000, 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 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $3.6B Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $3.6B Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM, MD, 21093 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM, MD, 21093 Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2019 Mar 1, 2019 Fact SEC EDGAR Form D data sets (quarterly)