NEA
US multi-stage technology and healthcare VC founded 1977; backed CuspAI and ElevenLabs
- Venture capital
- Type
- Venture capital
- Based in
- Outside the UK
- Stages
- Seed, Series A, Series B+, Growth
- Sector focus
- AI & Data, SaaS & B2B, Healthtech, Biotech & Life Sciences, Fintech, Deeptech
- Fund size
- Undisclosed
- Founded
- 1977
- Website
- nea.com
New Enterprise Associates (NEA) is one of the largest US venture firms, founded in 1977 and investing from seed through to growth and IPO in technology and healthcare companies. It operates from offices in Menlo Park, New York and the Washington DC area and is led by co-CEOs Tony Florence and Mohamad Makhzoumi, with Scott Sandell as executive chairman and chief investment officer. Its technology practice covers AI, enterprise software, fintech and consumer, while the healthcare practice spans biopharma, medical devices and digital health. UK investments include co-leading the 2026 Series B of Cambridge materials-discovery company CuspAI and participating in ElevenLabs' 2025 Series C.
Team
- Scott Sandell, Executive Chairman & Chief Investment Officer
- Tony Florence, Co-CEO
- Mohamad Makhzoumi, Co-CEO
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