# New Enterprise Associates

New Enterprise Associates is a Venture Capital based in Menlo Park, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Menlo Park, United States
- **Region:** Europe
- **Address:** 2855 Sand Hill Road, Menlo Park, CA, United States
- **Founded:** 1977
- **Assets under management:** $35.6B (Dec 31, 2025)
- **Website:** www.nea.com
- **LinkedIn:** https://www.linkedin.com/company/new-enterprise-associates

## Regulatory record

- **CRD number:** 161004
- **SEC file number:** 801-127227
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/161004

## About

New Enterprise Associates, Inc. (NEA) is a global venture capital firm that partners with entrepreneurs to build transformational businesses in technology and healthcare across all stages of company development, from seed through IPO and beyond. Established in 1977, NEA has operated for nearly five decades as one of the longest-standing and largest venture capital firms, maintaining a dual focus on technology and healthcare while increasingly investing at their intersection (per firm website About page and official press releases). Headquartered in Menlo Park, California, with additional offices in New York, Timonium (Maryland), London, and San Francisco, the firm emphasizes long-term, hands-on partnerships, company-building support, and multi-generational leadership continuity (per nea.com/contact and nea.com/about). As of December 31, 2025, NEA reported more than $35 billion in assets under management (per company LinkedIn profile About section and consistent Form ADV citations for NEA Management Company, LLC, the SEC-registered adviser conducting NEA’s advisory business, reflecting approximately $35.6 billion in discretionary regulatory AUM). Leadership is provided by Executive Chairman & Chief Investment Officer Scott Sandell alongside Co-CEOs Tony Florence and Mohamad Makhzoumi (per nea.com/team and 2024 succession press release on nea.com). The firm has a long track record encompassing hundreds of portfolio company IPOs and M&A exits, investing via multiple funds including recent large-scale vehicles totaling billions in commitments.

## Sectors

- Biotechnology
- Software
- Healthcare
- Financial Services
- Consumer Products
- Hardware

## Offices

- London
- San Francisco
- Shanghai
- Pittsburgh
- Hong Kong

## People

- Scott Sandell — Executive Chairman & Chief Investment Officer
- Tony Florence — Co-CEO
- Mohamad Makhzoumi — Co-CEO
- Ali Behbahani, MD — Partner, Co-Head of Healthcare
- Paul Walker — Partner, Co-Head of Healthcare
- Rick Yang — Partner, Head of Technology

## Questions

### What is New Enterprise Associates and what does it do?

New Enterprise Associates (NEA) is a global venture capital firm founded in 1977 that invests in technology and healthcare companies across all stages from seed to IPO, providing capital and active company-building support (per nea.com/about and company disclosures).

### What is NEA’s current assets under management?

As of December 31, 2025, NEA has more than $35 billion in assets under management, with Form ADV data for NEA Management Company, LLC citing approximately $35.58 billion in discretionary regulatory AUM (per company statements and SEC Form ADV filings).

### Where is New Enterprise Associates headquartered?

NEA is headquartered at 2855 Sand Hill Road, Menlo Park, CA 94025, United States, with additional offices in New York, Timonium (MD), London, and San Francisco (per nea.com/contact).

### Who are the current leaders of NEA?

Scott Sandell serves as Executive Chairman & Chief Investment Officer; Tony Florence and Mohamad Makhzoumi serve as Co-CEOs (per nea.com/team and official 2024 press release).

### When was New Enterprise Associates founded?

NEA was established in 1977 and has continuously invested across technology and healthcare for nearly five decades (per nea.com/about and firm history statements).

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Last updated: 2026-07-17T21:28:17.000Z

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