New Enterprise Associates

New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, headquartered in Menlo Park, California, with additional offices in the U.S., India, and China. NEA specializes in investing in technology and healthcare sectors, with a focus on enterprise, consumer, fintech, life sciences, and digital health companies. The firm engages with entrepreneurs at various stages of business development, providing support from initial funding to public offerings. NEA invests globally, with a significant presence in Asia, including China and India, as well as the United States. The firm typically invests between $0.05 million and $20 million per deal.

Michael Albert

Associate

Kate Barrett

Partner, Communications

Ron Bernal

Venture Partner

Ann Bordetsky

Partner

Zak Burns

Associate

James Buxton MD

Principal

Carmen Chang

Partner and Head of Asia

Philip Chopin

Managing Director, NEA UK

Brandon Christie

VC Principal

Pamela Clark

General Partner

Vanessa Deng

Associate

Chris Doppman

Managing Director, LP Relations

Tony Florence

General Partner

Jonathan Golden

Partner

Scott Gottlieb

Partner

Jay Graf

Venture Partner

Aaron Jacobson

Partner

Arjun Jain

Senior Associate

James Kaplan

Associate

Nick Kline

Partner, LP Relations

Danielle Lay

Partner

Tiffany Le

Principal

Michael Li

Principal

Tiffany Luck

Partner

Ed Mathers

Partner and Board Member

Matthew McAviney

Partner

Kemi Odusan

Senior Associate

Jess Ou

Principal

Greg Papadopoulos

Venture Partner

Michele Park

Partner

Eileen Qian

Associate

Tim Schaller

CFO

Alex Sharata

Partner

George Stamas

Venture Partner

Brad Thawley

Partner, Limited Partner Relations

Lila Tretikov

Partner

Paul Walker

General Partner

Blake Wu

Partner

Lulu Xu

Principal

Arno Penzias Ph.D

Venture Partner

J.C. Lopez

Principal on NEA's Healthcare Team

Past deals in Image Recognition

Modyfi

Seed Round in 2023
Modyfi is an image editing platform that enhances creativity and collaboration in the photo-editing process. By utilizing artificial intelligence, it offers real-time, multi-user collaborative tools that include commenting, markups, and video chat functionalities. This allows designers and teams to work together seamlessly, centralizing projects and resources for efficient progress sharing and feedback collection. Modyfi aims to integrate image editing into clients' workflows, streamlining the overall design process.

Modyfi

Venture Round in 2022
Modyfi is an image editing platform that enhances creativity and collaboration in the photo-editing process. By utilizing artificial intelligence, it offers real-time, multi-user collaborative tools that include commenting, markups, and video chat functionalities. This allows designers and teams to work together seamlessly, centralizing projects and resources for efficient progress sharing and feedback collection. Modyfi aims to integrate image editing into clients' workflows, streamlining the overall design process.

Clarifai

Series C in 2021
Clarifai, Inc. is a prominent provider of advanced artificial intelligence solutions specializing in image recognition, natural language processing, and audio recognition. Founded in 2013 by Matt Zeiler, Ph.D., the company develops a deep learning platform that enables organizations to convert unstructured data—such as images, videos, text, and audio—into structured data efficiently and accurately. Clarifai's image recognition technology is capable of detecting near-duplicates, categorizing objects, and tagging images, while also allowing users to search for similar images within extensive uncategorized collections through a combination of semantic and visual similarity. Additionally, the company offers a labeling tool called Labeler, which aids in dataset labeling, AI training, and model auto-scaling in production environments. Headquartered in New York, with an office in Tallinn, Estonia, Clarifai employs a distributed team across various countries, including the United States, Canada, Argentina, and India.

Neural Magic

Series A in 2021
Neural Magic provides enterprise inference solutions that enhance the performance of open-source large language models across diverse infrastructures. The company's software serves to accelerate artificial intelligence workloads on standard hardware, allowing organizations to efficiently utilize their existing resources. By leveraging big data and deep learning, Neural Magic's technology supports applications such as recommendations, image recognition, and object detection. This enables businesses to overcome the constraints typically associated with traditional hardware accelerators, facilitating secure and cost-effective deployments of AI models.

Matroid

Series B in 2020
Matroid, Inc. is a computer vision company based in Palo Alto, California, founded in 2016. It offers an intuitive platform that enables users to create and deploy custom computer vision detectors without the need for programming. The platform allows users to recognize specific people, events, and objects in visual media, monitor live television streams, and receive real-time notifications for custom events detected by security cameras. Matroid's solutions find applications across various industries, including construction, manufacturing, security, media, and retail. The company also provides Matroid On-Prem, a deployment solution that facilitates the monitoring of live streams and the searching of recorded video, enhancing the ability to respond to significant events as they occur.

Tempus

Series G in 2020
Tempus, established in 2015 and based in Chicago, Illinois, is a technology company specializing in precision medicine. It develops a comprehensive library of molecular and clinical data, along with an operating system that makes this information accessible and useful for patients, physicians, and researchers. Tempus offers services such as genomic sequencing, clinical data restructuring, and biological modeling, enabling real-time data-driven decisions for personalized patient care and facilitating the discovery of optimized therapeutic options.

Neural Magic

Seed Round in 2019
Neural Magic provides enterprise inference solutions that enhance the performance of open-source large language models across diverse infrastructures. The company's software serves to accelerate artificial intelligence workloads on standard hardware, allowing organizations to efficiently utilize their existing resources. By leveraging big data and deep learning, Neural Magic's technology supports applications such as recommendations, image recognition, and object detection. This enables businesses to overcome the constraints typically associated with traditional hardware accelerators, facilitating secure and cost-effective deployments of AI models.

Tempus

Series F in 2019
Tempus, established in 2015 and based in Chicago, Illinois, is a technology company specializing in precision medicine. It develops a comprehensive library of molecular and clinical data, along with an operating system that makes this information accessible and useful for patients, physicians, and researchers. Tempus offers services such as genomic sequencing, clinical data restructuring, and biological modeling, enabling real-time data-driven decisions for personalized patient care and facilitating the discovery of optimized therapeutic options.

Tempus

Series E in 2018
Tempus, established in 2015 and based in Chicago, Illinois, is a technology company specializing in precision medicine. It develops a comprehensive library of molecular and clinical data, along with an operating system that makes this information accessible and useful for patients, physicians, and researchers. Tempus offers services such as genomic sequencing, clinical data restructuring, and biological modeling, enabling real-time data-driven decisions for personalized patient care and facilitating the discovery of optimized therapeutic options.

Tempus

Series D in 2018
Tempus, established in 2015 and based in Chicago, Illinois, is a technology company specializing in precision medicine. It develops a comprehensive library of molecular and clinical data, along with an operating system that makes this information accessible and useful for patients, physicians, and researchers. Tempus offers services such as genomic sequencing, clinical data restructuring, and biological modeling, enabling real-time data-driven decisions for personalized patient care and facilitating the discovery of optimized therapeutic options.

Tempus

Series C in 2017
Tempus, established in 2015 and based in Chicago, Illinois, is a technology company specializing in precision medicine. It develops a comprehensive library of molecular and clinical data, along with an operating system that makes this information accessible and useful for patients, physicians, and researchers. Tempus offers services such as genomic sequencing, clinical data restructuring, and biological modeling, enabling real-time data-driven decisions for personalized patient care and facilitating the discovery of optimized therapeutic options.

Matroid

Series A in 2017
Matroid, Inc. is a computer vision company based in Palo Alto, California, founded in 2016. It offers an intuitive platform that enables users to create and deploy custom computer vision detectors without the need for programming. The platform allows users to recognize specific people, events, and objects in visual media, monitor live television streams, and receive real-time notifications for custom events detected by security cameras. Matroid's solutions find applications across various industries, including construction, manufacturing, security, media, and retail. The company also provides Matroid On-Prem, a deployment solution that facilitates the monitoring of live streams and the searching of recorded video, enhancing the ability to respond to significant events as they occur.

Lytro

Series D in 2017
Lytro is a pioneering company focused on developing advanced Light Field imaging platform technologies, enabling artists, scientists, and innovators to achieve unprecedented creative freedom and control. Founded in 2006 by Ren Ng, who earned recognition for his groundbreaking Ph.D. research in Light Field imaging, Lytro introduced its first consumer Light Field camera in 2012. This was followed by the release of the Lytro ILLUM and associated software tools in 2014, which expanded the application of Light Field technology beyond photography to various fields, including cinematography and industrial uses. In 2015, Lytro further diversified its offerings by entering the realms of virtual reality and scientific applications, establishing itself as a central player in a new technology ecosystem. With a commitment to enhancing visual quality and creative possibilities, Lytro’s products allow users to capture multi-dimensional data from multiple angles, thereby transforming the landscape of computational imaging. The company is headquartered in Mountain View, California.

Letgo

Series C in 2017
Letgo is a mobile platform founded in 2015, facilitating local buying and selling of second-hand goods. With over 100 million downloads and 400 million listings, it's one of America's most popular apps for trading items, ranging from electronics and vehicles to clothing and furniture. Letgo's innovative features, such as image recognition and instant chat, simplify the process of listing items and connecting buyers and sellers. The platform's user-friendly interface allows users to snap a photo, and letgo automatically suggests a title, price, and category for the listing.

Matroid

Seed Round in 2017
Matroid, Inc. is a computer vision company based in Palo Alto, California, founded in 2016. It offers an intuitive platform that enables users to create and deploy custom computer vision detectors without the need for programming. The platform allows users to recognize specific people, events, and objects in visual media, monitor live television streams, and receive real-time notifications for custom events detected by security cameras. Matroid's solutions find applications across various industries, including construction, manufacturing, security, media, and retail. The company also provides Matroid On-Prem, a deployment solution that facilitates the monitoring of live streams and the searching of recorded video, enhancing the ability to respond to significant events as they occur.

Letgo

Series B in 2016
Letgo is a mobile platform founded in 2015, facilitating local buying and selling of second-hand goods. With over 100 million downloads and 400 million listings, it's one of America's most popular apps for trading items, ranging from electronics and vehicles to clothing and furniture. Letgo's innovative features, such as image recognition and instant chat, simplify the process of listing items and connecting buyers and sellers. The platform's user-friendly interface allows users to snap a photo, and letgo automatically suggests a title, price, and category for the listing.

Lytro

Series C in 2014
Lytro is a pioneering company focused on developing advanced Light Field imaging platform technologies, enabling artists, scientists, and innovators to achieve unprecedented creative freedom and control. Founded in 2006 by Ren Ng, who earned recognition for his groundbreaking Ph.D. research in Light Field imaging, Lytro introduced its first consumer Light Field camera in 2012. This was followed by the release of the Lytro ILLUM and associated software tools in 2014, which expanded the application of Light Field technology beyond photography to various fields, including cinematography and industrial uses. In 2015, Lytro further diversified its offerings by entering the realms of virtual reality and scientific applications, establishing itself as a central player in a new technology ecosystem. With a commitment to enhancing visual quality and creative possibilities, Lytro’s products allow users to capture multi-dimensional data from multiple angles, thereby transforming the landscape of computational imaging. The company is headquartered in Mountain View, California.

Lytro

Series B in 2013
Lytro is a pioneering company focused on developing advanced Light Field imaging platform technologies, enabling artists, scientists, and innovators to achieve unprecedented creative freedom and control. Founded in 2006 by Ren Ng, who earned recognition for his groundbreaking Ph.D. research in Light Field imaging, Lytro introduced its first consumer Light Field camera in 2012. This was followed by the release of the Lytro ILLUM and associated software tools in 2014, which expanded the application of Light Field technology beyond photography to various fields, including cinematography and industrial uses. In 2015, Lytro further diversified its offerings by entering the realms of virtual reality and scientific applications, establishing itself as a central player in a new technology ecosystem. With a commitment to enhancing visual quality and creative possibilities, Lytro’s products allow users to capture multi-dimensional data from multiple angles, thereby transforming the landscape of computational imaging. The company is headquartered in Mountain View, California.

Lytro

Series A in 2011
Lytro is a pioneering company focused on developing advanced Light Field imaging platform technologies, enabling artists, scientists, and innovators to achieve unprecedented creative freedom and control. Founded in 2006 by Ren Ng, who earned recognition for his groundbreaking Ph.D. research in Light Field imaging, Lytro introduced its first consumer Light Field camera in 2012. This was followed by the release of the Lytro ILLUM and associated software tools in 2014, which expanded the application of Light Field technology beyond photography to various fields, including cinematography and industrial uses. In 2015, Lytro further diversified its offerings by entering the realms of virtual reality and scientific applications, establishing itself as a central player in a new technology ecosystem. With a commitment to enhancing visual quality and creative possibilities, Lytro’s products allow users to capture multi-dimensional data from multiple angles, thereby transforming the landscape of computational imaging. The company is headquartered in Mountain View, California.
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