New Enterprise Associates

New Enterprise Associates, Inc. is a private equity and venture capital firm founded in 1977 and headquartered in Menlo Park, California, with additional offices in India and China. The firm specializes in investing across various stages of business development, from seed funding to public offerings, with a strong emphasis on the technology and healthcare sectors. Its investment strategy encompasses a wide range of industries, including information technology, consumer internet, financial technology, software, healthcare services, life sciences, biopharmaceuticals, and energy technology. New Enterprise Associates actively engages with entrepreneurs to support the growth of their companies, making investments between $0.05 million and $20 million. The firm has a global investment focus, particularly in regions such as Asia, Brazil, and the United States.

Michael Albert

Associate

Kate Barrett

Partner, Communications

Peter Barris

Chairman

Forest Baskett

General Partner

Ron Bernal

Venture Partner

Zak Burns

Associate

James Buxton MD

Principal

Carmen Chang

Partner, Chair and Head of Asia

Tak Cheung

Partner

Philip Chopin

Managing Director, NEA UK

Pamela Clark

General Partner

Vanessa Deng

Associate

Chris Doppman

Principal, LP Relations

Tony Florence

General Partner

Jay Graf

Venture Partner

Lily Huang

Principal, Healthcare VC

Arjun Jain

Senior Associate

James Kaplan

Associate

Patrick Kerins

General Partner

Nick Kline

Principal, LP Relations

Vanessa Larco

Partner

Danielle Lay

Principal

Tiffany Le

Senior Associate

Michael Li

Principal

Tiffany Luck

Partner

Mohamad Makhzoumi

General Partner

Matthew McAviney

Partner

Amit Mukherjee

Partner

Bibhash Mukhopadhyay

Principal

Mike O'Dell

Venture Partner

Kemi Odusan

Senior Associate

Greg Papadopoulos

Venture Partner

Luke Pappas

Principal

Michele Park

Partner

Eileen Qian

Associate

Scott Sandell

Managing General Partner

Tim Schaller

CFO

Andrew Schoen

Partner

Jordan Shapiro

Senior Associate

Alex Sharata

Associate

Peter Sonsini

General Partner

George Stamas

Venture Partner

Brad Thawley

Partner, Limited Partner Relations

Lila Tretikov

Partner

Paul Walker

General Partner

Blake Wu

Partner

Lulu Xu

Principal

Rick Yang

Partner, Head of Technology

Emily Zhen

Associate

Ann Bordetsky

Partner

Arno Penzias Ph.D

Venture Partner

J.C. Lopez

Principal

Past deals in Jewelry

Moda Operandi

Venture Round in 2021
Moda Operandi is an online retailer based in New York that specializes in fashion products, offering a wide array of clothing, shoes, bags, jewelry, home goods, and accessories for men, women, and children. The company connects consumers directly with both established and emerging designers, facilitating the discovery of designer fashion through its platform. Moda Operandi features online trunk shows, allowing customers to preorder items from a curated selection of luxury brands and designers. In addition to serving consumers, the platform supports designers by providing them with a robust global network to help grow their businesses. The company was founded in 2010 and was previously known as Trunk Show Inc. before adopting its current name in August of that year.

Moda Operandi

Venture Round in 2020
Moda Operandi is an online retailer based in New York that specializes in fashion products, offering a wide array of clothing, shoes, bags, jewelry, home goods, and accessories for men, women, and children. The company connects consumers directly with both established and emerging designers, facilitating the discovery of designer fashion through its platform. Moda Operandi features online trunk shows, allowing customers to preorder items from a curated selection of luxury brands and designers. In addition to serving consumers, the platform supports designers by providing them with a robust global network to help grow their businesses. The company was founded in 2010 and was previously known as Trunk Show Inc. before adopting its current name in August of that year.

Moda Operandi

Debt Financing in 2020
Moda Operandi is an online retailer based in New York that specializes in fashion products, offering a wide array of clothing, shoes, bags, jewelry, home goods, and accessories for men, women, and children. The company connects consumers directly with both established and emerging designers, facilitating the discovery of designer fashion through its platform. Moda Operandi features online trunk shows, allowing customers to preorder items from a curated selection of luxury brands and designers. In addition to serving consumers, the platform supports designers by providing them with a robust global network to help grow their businesses. The company was founded in 2010 and was previously known as Trunk Show Inc. before adopting its current name in August of that year.

Mejuri

Series B in 2019
Mejuri Inc. is a Canadian company that specializes in the manufacture and sale of fine jewelry, including rings, necklaces, earrings, bracelets, and engagement pieces. Founded in 2015 and headquartered in Toronto, Mejuri operates showrooms in New York, Toronto, and Chicago, while also offering its products through a direct-to-consumer e-commerce platform. This model allows Mejuri to provide quality handcrafted jewelry at accessible prices by eliminating middlemen and maintaining a fast supply chain that introduces new designs weekly. Committed to exceptional craftsmanship and ethical practices, Mejuri aims to empower women to incorporate luxury into their everyday lives. The company serves customers not only in Canada and the United States but also internationally.

Cuff

Series A in 2015
Update from Elena Tabb about Cuff Vendor Lawsuit (7/26/16): I need to correct the info below about Elena Tabb// Volume & Tone LLC : Volume & Tone LLC along with 4 other companies (not 2) have filed a lawsuit to order the court to force Cuff into bankruptcy. Cuff owed the 5 separate companies over 1.2 million dollars (in addition to some others who did not join the suit). According to our lawyers that was the only way to force Cuff Inc. to open their books to the court so we can investigate though a 3rd part court appointed lawyer if the company misappropriated funs or had any wrong doings. Cuff Inc. and thier investors were hoping to just claim insolvency which would have allowed them to skulk away quietly. By forcing them into bankruptcy the hope is that they will be forced to let the court and eventually our lawyers see where all the money went and if the way the company was handled at the end followed the law. Also I am correcting the below misinformation about my company- My company Volume & Tone LLC (parent Company) and my consulting group LANE TABB ACCESSORIES GROUP did all the design development, sourcing, and Manufacturing for ALL of the actual Jewelry and leather pieces, We spent a year getting her ideas to be working jewelry and fashion leather pieces, manufactured them with our partner factories, shipped every piece that was on pre- order and ordered for target and Amazon and extra stock to Cuff's warehouses so that they could ship. And then they disappeared, After we had paid for the last shipment to our factories with our own money. The damages to our business currently totaling more than you can imagine which we may file a Civil case this Fall. There is a lot more to this story, and I have been quiet for the past few months as we have been collecting information both for lawyers and myself- But I am currently in the process of an article about our experience with the Cuff Product Launch, Working with a Tech startup gone wrong, as well as interesting information about the main investment firm who may or may not have caused the demise intentionally, and a cautionary tale for both Investors and small businesses. The following message appears at Cuff.io,"Unfortunately Cuff is no longer in business and therefore will not be able to fulfill any outstanding orders or process any refunds. If you are currently a Cuff customer your product should continue to function, however there will no longer be any customer or technical support.". The announcement was unexpected, as the first generation & second generation devices can still be found for sale through online retailers like kohls.com target.com & was previously featured on Groupon. A former vendor charged with designing and hand crafting some of the letter pieces the Cuff module fits into, Elena Tabb of Volume & Tone based in NYC, says her and another vendor have filed a suit against Ms Sood & Cuff for $1.2 Million USD, as these vendors allege they were not paid for their work or materials. As this case makes it way through the court system, many customers,fans, & backers are left with more questions than answers. Please Note:POST-CLOSURE DEVICES ARE NOT RECCOMENDED FOR PURCHASE AS APP FUNCTIONALITY, DEVICE SUPPORT, CONNECTIVITY, ETC ARE NO LONGER SERVICIBLE. The purpose of this device was arguably one that needed to be designated as medical and regulated by the FDA-as such, without FDA approval, and since the company no longer offers assistance in anyway, please do not rely solely on these Cuff modules for health and safety reasons. One user who purchased from a 3rd party site reported an inability to create an account or setup her device after downloading the app on compatible devices with Android and iOS respectively. Elena suggests that core Cuff personnel aren't remorseful and one in particular was said to have been given a VP of Finance position elsewhere despite allegedly "mispending $7.5 million in 8 months." Less than 1 year prior to closure, Cuff was announced as having inked a deal with XFINITY HOME, Comcast's connected home solution also featuring Skybell, Rachio, Whistle, Automatic, & August. [Depreciated]Cuff is a new line of jewelry wearables that serves as an alert system for family and friends. The collection consists of bracelets, necklaces and key chains. The line is meant to be unisex, and offers options for both men and women. Each piece is anchored by a small rectangular component called the “CuffLinc.” This acts as an alert system of sorts for family and friends. CuffLincs can be removed and tucked into any of the pieces in the Cuff collection. Using bluetooth technology, the CuffLinc will connect to your phone via Cuff’s app. If A wearer squeezes the Cuff, an alert will go to the designated people in the wearer’s network. If anyone in the network is wearing a Cuff, their Cuff will vibrate. If they don’t have a Cuff, they will receive a push notification to their phone with the alert with the location of the sender. You can set up which of your contacts will get an alert via the startup’s app, which also holds personal and medical information like blood type, health issues and more. Users can also program their Cuffs with different alerts for people (i.e. three taps to alert my babysitter, one tap for my husband).

Moda Operandi

Series C in 2012
Moda Operandi is an online retailer based in New York that specializes in fashion products, offering a wide array of clothing, shoes, bags, jewelry, home goods, and accessories for men, women, and children. The company connects consumers directly with both established and emerging designers, facilitating the discovery of designer fashion through its platform. Moda Operandi features online trunk shows, allowing customers to preorder items from a curated selection of luxury brands and designers. In addition to serving consumers, the platform supports designers by providing them with a robust global network to help grow their businesses. The company was founded in 2010 and was previously known as Trunk Show Inc. before adopting its current name in August of that year.

BeachMint

Venture Round in 2012
BeachMint is a venture backed social commerce company for designer-curated direct to consumer sites, founded by serial tech entrepreneurs, Josh Berman (Co-Founder MySpace) and Diego Berdakin. BeachMint launched their first brand, JewelMint, with Kate Bosworth and celebrity stylist, Cher Coulter, in October 2010, StyleMint with Mary-Kate Olsen and Ashley Olsen in July 2011, BeautyMint with Jessica Simpson and celebrity skincare expert, Nerida Joy, in October 2011, ShoeMint with Rachel Bilson and celebrity stylist, Nicole Chavez, in collaboration with Steve Madden, HomeMint with Justin Timberlake and interior designer Estee Stanley in May 2012, and intiMINT with Brooke Burke-Charvet in June of 2012. Each site offers a subscription shopping model with personalized product recommendations for its members from their respective celebrity and expert. BeachMint recently announced a $35 million funding round led by Accel Partners, with participation from Goldman Sachs, New World Ventures and Millennium Technology Value Partners, with existing investors NEA, Trinity, Scale, Anthem, Lightbank (the founders of Groupon) and NALA Investments participating as well. This brings BeachMint’s total funding to over $80 million. Each of BeachMints online brands offer its members exclusive products that have been conceived through an authentic relationship with its celebrity designer and expert. Members have access to creative original content, personalized style advice and a curated assortment which changes on a monthly basis while consistently presenting a significant value over comparable items available elsewhere..

Moda Operandi

Series B in 2011
Moda Operandi is an online retailer based in New York that specializes in fashion products, offering a wide array of clothing, shoes, bags, jewelry, home goods, and accessories for men, women, and children. The company connects consumers directly with both established and emerging designers, facilitating the discovery of designer fashion through its platform. Moda Operandi features online trunk shows, allowing customers to preorder items from a curated selection of luxury brands and designers. In addition to serving consumers, the platform supports designers by providing them with a robust global network to help grow their businesses. The company was founded in 2010 and was previously known as Trunk Show Inc. before adopting its current name in August of that year.

BeachMint

Venture Round in 2011
BeachMint is a venture backed social commerce company for designer-curated direct to consumer sites, founded by serial tech entrepreneurs, Josh Berman (Co-Founder MySpace) and Diego Berdakin. BeachMint launched their first brand, JewelMint, with Kate Bosworth and celebrity stylist, Cher Coulter, in October 2010, StyleMint with Mary-Kate Olsen and Ashley Olsen in July 2011, BeautyMint with Jessica Simpson and celebrity skincare expert, Nerida Joy, in October 2011, ShoeMint with Rachel Bilson and celebrity stylist, Nicole Chavez, in collaboration with Steve Madden, HomeMint with Justin Timberlake and interior designer Estee Stanley in May 2012, and intiMINT with Brooke Burke-Charvet in June of 2012. Each site offers a subscription shopping model with personalized product recommendations for its members from their respective celebrity and expert. BeachMint recently announced a $35 million funding round led by Accel Partners, with participation from Goldman Sachs, New World Ventures and Millennium Technology Value Partners, with existing investors NEA, Trinity, Scale, Anthem, Lightbank (the founders of Groupon) and NALA Investments participating as well. This brings BeachMint’s total funding to over $80 million. Each of BeachMints online brands offer its members exclusive products that have been conceived through an authentic relationship with its celebrity designer and expert. Members have access to creative original content, personalized style advice and a curated assortment which changes on a monthly basis while consistently presenting a significant value over comparable items available elsewhere..

Gilt Groupe

Series E in 2011
Gilt Groupe is an online retailer based in New York City that specializes in luxury goods, offering a wide range of products for men, women, and children. The company provides members access to a diverse selection of merchandise including fashion items such as clothing, shoes, and accessories, as well as home decor, furniture, and unique experiences in select cities. For women, Gilt Groupe features handbags, jewelry, watches, health and beauty products, and maternity wear. For children, it offers toys, books, and various baby products. The platform aims to create an accessible shopping experience for luxury lifestyle brands, making it easier for consumers to explore and purchase high-end fashion and home goods. Founded in 2007, Gilt Groupe is a subsidiary of Hudson's Bay Company, as of February 2016.

BeachMint

Venture Round in 2010
BeachMint is a venture backed social commerce company for designer-curated direct to consumer sites, founded by serial tech entrepreneurs, Josh Berman (Co-Founder MySpace) and Diego Berdakin. BeachMint launched their first brand, JewelMint, with Kate Bosworth and celebrity stylist, Cher Coulter, in October 2010, StyleMint with Mary-Kate Olsen and Ashley Olsen in July 2011, BeautyMint with Jessica Simpson and celebrity skincare expert, Nerida Joy, in October 2011, ShoeMint with Rachel Bilson and celebrity stylist, Nicole Chavez, in collaboration with Steve Madden, HomeMint with Justin Timberlake and interior designer Estee Stanley in May 2012, and intiMINT with Brooke Burke-Charvet in June of 2012. Each site offers a subscription shopping model with personalized product recommendations for its members from their respective celebrity and expert. BeachMint recently announced a $35 million funding round led by Accel Partners, with participation from Goldman Sachs, New World Ventures and Millennium Technology Value Partners, with existing investors NEA, Trinity, Scale, Anthem, Lightbank (the founders of Groupon) and NALA Investments participating as well. This brings BeachMint’s total funding to over $80 million. Each of BeachMints online brands offer its members exclusive products that have been conceived through an authentic relationship with its celebrity designer and expert. Members have access to creative original content, personalized style advice and a curated assortment which changes on a monthly basis while consistently presenting a significant value over comparable items available elsewhere..

BeachMint

Venture Round in 2010
BeachMint is a venture backed social commerce company for designer-curated direct to consumer sites, founded by serial tech entrepreneurs, Josh Berman (Co-Founder MySpace) and Diego Berdakin. BeachMint launched their first brand, JewelMint, with Kate Bosworth and celebrity stylist, Cher Coulter, in October 2010, StyleMint with Mary-Kate Olsen and Ashley Olsen in July 2011, BeautyMint with Jessica Simpson and celebrity skincare expert, Nerida Joy, in October 2011, ShoeMint with Rachel Bilson and celebrity stylist, Nicole Chavez, in collaboration with Steve Madden, HomeMint with Justin Timberlake and interior designer Estee Stanley in May 2012, and intiMINT with Brooke Burke-Charvet in June of 2012. Each site offers a subscription shopping model with personalized product recommendations for its members from their respective celebrity and expert. BeachMint recently announced a $35 million funding round led by Accel Partners, with participation from Goldman Sachs, New World Ventures and Millennium Technology Value Partners, with existing investors NEA, Trinity, Scale, Anthem, Lightbank (the founders of Groupon) and NALA Investments participating as well. This brings BeachMint’s total funding to over $80 million. Each of BeachMints online brands offer its members exclusive products that have been conceived through an authentic relationship with its celebrity designer and expert. Members have access to creative original content, personalized style advice and a curated assortment which changes on a monthly basis while consistently presenting a significant value over comparable items available elsewhere..
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