
Founded in 1977 by Dick Kramlich, Chuck Newhall, and Frank Bonsal Jr, NEA is one of the world's largest and longest running venture capital firms with a distinctive dual practice model spanning technology and healthcare under one roof. Over nearly five decades the firm has made 2,781 investments and completed 1,188 exits. In 2025 NEA deployed over $5.8B across 70 companies, backing landmark rounds for ElevenLabs, Synthesia, Clio, and Wonder. Its portfolio includes globally significant companies such as Databricks, ByteDance, Cloudflare, and numerous public biotech successes. NEA invests from seed through to growth equity, with later stage cheques of $50m to $300m+.