New Enterprise Associates

New Enterprise Associates, Inc. is a private equity and venture capital firm established in 1977 and headquartered in Menlo Park, California, with additional offices in India and China. The firm specializes in investments across various stages of company development, including seed, start-up, early stage, and later stage, with a focus on sectors such as information technology, healthcare, and energy technology. NEA's investment strategy encompasses a wide range of industries, including consumer internet, software, biotechnology, medical devices, and alternative energy. With over $19 billion in cumulative committed capital, the firm has a notable track record, having participated in more than 210 portfolio company IPOs and over 360 acquisitions. NEA aims to invest between $0.05 million and $20 million, targeting both domestic and international markets, particularly in Asia and the Americas.

Michael James Barrett

Partner Emeritus

Kate Barrett

Marketing Partner

Peter J. Barris

Chairman

Ronald D. Bernal

Venture Partner

Ron Bernal

Venture Partner

Tak Cheung

Partner

Philip Chopin

Managing Director

Louis Citron

Chief Administrative Officer and Chief Legal Officer

Robert Croce

Venture Advisor

Bala Deshpande

Sr. Managing Director, India

Lexi Eisenberg

Associate

Anthony A. Florence

Managing General Partner, Technology

Tony Florence

General Partner

Carol Gallagher

Advisor

Tracy Howe

Investment Professional

Suzanne Hooper King

Partner

Liza Landsman

General Partner

Michael Li

Investor

Tiffany Luck

Partner

Joshua Makower

General Partner

Edward T. Mathers

Partner

John Nehra

Retired Special Partner

Michael D. O'Dell

Venture Partner

Santhosh Palani

Principal

Greg Papadopoulos

Venture Partner

Arno Allan Penzias

Venture Advisor

Eugene A. Trainor

COO

James G. Treybig

Venture Advisor

Paul Walker

General Partner

Harry Weller

Former General Partner

Past deals in Health Insurance

inCarey

Series C in 2021
InCarey is a leading domestic comprehensive service platform focusing on the management of patients with chronic diseases and vertical diseases. It is committed to providing one-stop Internet medical, pharmaceutical, and medical services for patients with long-term, heavy-service, and high-value chronic diseases. Innovative payment services.

Neuehealth

Post in 2021
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

Stride Health

Series C in 2021
Stride Health, Inc. operates a health benefits platform that allows independent workers and part-time employees to select and enroll in affordable health coverage. It offers dental plans, drive plans, and doctor and prescription insurance plans. The company serves customers in the United States. Stride Health, Inc. was formerly known as Covered, Inc. and changed its name to Stride Health, Inc. in March 2013. The company was incorporated in 2013 and is based in San Francisco, California.

Collective Health

Series F in 2021
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Bestow

Series C in 2020
Bestow Inc. is a digital insurance company based in Dallas, Texas, specializing in life insurance services. Founded in 2016, Bestow leverages data-driven technology and algorithmic underwriting to assess risks and streamline the insurance process. The company's fully digital platform allows individuals and families to access and purchase affordable life insurance policies quickly, often within minutes, using their mobile devices. In addition to serving consumers directly, Bestow offers APIs that enable partner companies to seamlessly integrate life insurance coverage into their own offerings, thereby expanding market access and enhancing distribution channels.

Neuehealth

Series E in 2020
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

Bestow

Series B in 2020
Bestow Inc. is a digital insurance company based in Dallas, Texas, specializing in life insurance services. Founded in 2016, Bestow leverages data-driven technology and algorithmic underwriting to assess risks and streamline the insurance process. The company's fully digital platform allows individuals and families to access and purchase affordable life insurance policies quickly, often within minutes, using their mobile devices. In addition to serving consumers directly, Bestow offers APIs that enable partner companies to seamlessly integrate life insurance coverage into their own offerings, thereby expanding market access and enhancing distribution channels.

Neuehealth

Series D in 2019
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

Collective Health

Series E in 2019
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Neuehealth

Series C in 2018
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

MORE Health

Series C in 2018
MORE Health, Inc. is a healthcare technology company that offers a cloud-based platform designed to enhance physician collaboration. This platform connects patients' attending doctors with specialists to collaboratively develop accurate diagnoses and optimal treatment plans. Key features include a clinical database containing medical histories, hospital records, and lab results, as well as medical imaging tools and HIPAA-compliant video conferencing for discussions. The company also provides a patient portal for personal health records, an Overseas Co-Diagnosis service for international patients, and secure medical record services for traveling employees. Originally established as a concierge service for individuals, MORE Health now extends its offerings to U.S. companies as an employer-sponsored health benefit, facilitating access to top physicians for serious medical issues through Co-Diagnosis or Independent Second Opinion services. Founded in 2013 and based in Foster City, California, MORE Health collaborates with renowned medical institutions, including The George Washington Medical Faculty Associates, Boston Children's Hospital, and UCLA Health, with the aim of becoming a virtual global hospital for serious illnesses.

CareZone

Series D in 2018
Managing health is more than what happens at the doctor’s office. CareZone makes it simpler to take care of yourself and your family. Keep everything organized and easily coordinate with the people that matter to you.

Bestow

Series A in 2018
Bestow Inc. is a digital insurance company based in Dallas, Texas, specializing in life insurance services. Founded in 2016, Bestow leverages data-driven technology and algorithmic underwriting to assess risks and streamline the insurance process. The company's fully digital platform allows individuals and families to access and purchase affordable life insurance policies quickly, often within minutes, using their mobile devices. In addition to serving consumers directly, Bestow offers APIs that enable partner companies to seamlessly integrate life insurance coverage into their own offerings, thereby expanding market access and enhancing distribution channels.

MORE Health

Series B in 2018
MORE Health, Inc. is a healthcare technology company that offers a cloud-based platform designed to enhance physician collaboration. This platform connects patients' attending doctors with specialists to collaboratively develop accurate diagnoses and optimal treatment plans. Key features include a clinical database containing medical histories, hospital records, and lab results, as well as medical imaging tools and HIPAA-compliant video conferencing for discussions. The company also provides a patient portal for personal health records, an Overseas Co-Diagnosis service for international patients, and secure medical record services for traveling employees. Originally established as a concierge service for individuals, MORE Health now extends its offerings to U.S. companies as an employer-sponsored health benefit, facilitating access to top physicians for serious medical issues through Co-Diagnosis or Independent Second Opinion services. Founded in 2013 and based in Foster City, California, MORE Health collaborates with renowned medical institutions, including The George Washington Medical Faculty Associates, Boston Children's Hospital, and UCLA Health, with the aim of becoming a virtual global hospital for serious illnesses.

Collective Health

Series D in 2018
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Bestow

Seed Round in 2017
Bestow Inc. is a digital insurance company based in Dallas, Texas, specializing in life insurance services. Founded in 2016, Bestow leverages data-driven technology and algorithmic underwriting to assess risks and streamline the insurance process. The company's fully digital platform allows individuals and families to access and purchase affordable life insurance policies quickly, often within minutes, using their mobile devices. In addition to serving consumers directly, Bestow offers APIs that enable partner companies to seamlessly integrate life insurance coverage into their own offerings, thereby expanding market access and enhancing distribution channels.

Stride Health

Series B in 2017
Stride Health, Inc. operates a health benefits platform that allows independent workers and part-time employees to select and enroll in affordable health coverage. It offers dental plans, drive plans, and doctor and prescription insurance plans. The company serves customers in the United States. Stride Health, Inc. was formerly known as Covered, Inc. and changed its name to Stride Health, Inc. in March 2013. The company was incorporated in 2013 and is based in San Francisco, California.

Neuehealth

Series B in 2017
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

Neuehealth

Series A in 2016
NeueHealth is a health care service platform that focuses on improving patient experiences and outcomes through a combination of technology and local healthcare resources. It operates 61 affiliated primary care clinics that deliver both virtual and in-person clinical care to nearly 75,000 unique patients. NeueHealth is part of Bright Health Group, which also offers Medicare and commercial health plan products to approximately 623,000 consumers across 14 states. The company aims to reduce healthcare costs while enhancing access and quality of care by aligning the interests of consumers, providers, and payers. Founded in 2015 and based in Minneapolis, Minnesota, NeueHealth leverages intelligent technology to connect users with healthcare services and providers effectively.

Collective Health

Series C in 2015
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Stride Health

Series A in 2015
Stride Health, Inc. operates a health benefits platform that allows independent workers and part-time employees to select and enroll in affordable health coverage. It offers dental plans, drive plans, and doctor and prescription insurance plans. The company serves customers in the United States. Stride Health, Inc. was formerly known as Covered, Inc. and changed its name to Stride Health, Inc. in March 2013. The company was incorporated in 2013 and is based in San Francisco, California.

MORE Health

Series A in 2015
MORE Health, Inc. is a healthcare technology company that offers a cloud-based platform designed to enhance physician collaboration. This platform connects patients' attending doctors with specialists to collaboratively develop accurate diagnoses and optimal treatment plans. Key features include a clinical database containing medical histories, hospital records, and lab results, as well as medical imaging tools and HIPAA-compliant video conferencing for discussions. The company also provides a patient portal for personal health records, an Overseas Co-Diagnosis service for international patients, and secure medical record services for traveling employees. Originally established as a concierge service for individuals, MORE Health now extends its offerings to U.S. companies as an employer-sponsored health benefit, facilitating access to top physicians for serious medical issues through Co-Diagnosis or Independent Second Opinion services. Founded in 2013 and based in Foster City, California, MORE Health collaborates with renowned medical institutions, including The George Washington Medical Faculty Associates, Boston Children's Hospital, and UCLA Health, with the aim of becoming a virtual global hospital for serious illnesses.

Collective Health

Series B in 2015
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Collective Health

Series B in 2015
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Stride Health

Seed Round in 2015
Stride Health, Inc. operates a health benefits platform that allows independent workers and part-time employees to select and enroll in affordable health coverage. It offers dental plans, drive plans, and doctor and prescription insurance plans. The company serves customers in the United States. Stride Health, Inc. was formerly known as Covered, Inc. and changed its name to Stride Health, Inc. in March 2013. The company was incorporated in 2013 and is based in San Francisco, California.

Collective Health

Series A in 2014
Collective Health offers a cloud-based platform that transforms how self-insured employers manage health benefits. This integrated system allows companies to administer various health plans through a single portal, providing employees with clear guidance, live concierge support, and digital tools to navigate their healthcare options. By focusing on a smarter alternative to traditional health insurance, Collective Health aims to enhance the value of healthcare investments while improving employee care. The company has experienced significant growth in the employer-sponsored insurance market, currently covering 70,000 employee and dependent lives across 15 employers, including notable clients such as Activision Blizzard, Crossfit, eBay, Palantir, and Red Bull.

Bravo Health

Series A in 2012
Bravo Health, Inc. provides managed care services. It offers Medicare advantage options to allow members to choose the right plan for them; and special needs plans for those who are receiving institutional care, who have chronic health conditions, or who are eligible for both Medicare and Medicaid benefits. The company also provides private fee-for-service plans, which provide members the freedom to determine from whom they receive their health care; and part D prescription plans for those who only need coverage for their medications. It offers its plans to members in Delaware, Maryland, Pennsylvania, Texas, Washington, D.C., California, Florida, Illinois, Michigan, New Jersey, New York, Ohio, and West Virginia. Bravo Health, Inc. was formerly known as Elder Health, Inc. The company was founded in 1996 and is based in Baltimore, Maryland.

CareZone

Series A in 2012
Managing health is more than what happens at the doctor’s office. CareZone makes it simpler to take care of yourself and your family. Keep everything organized and easily coordinate with the people that matter to you.

ppoNEXT

Venture Round in 1999
PPONEXT is a PPO services company that provides healthcare management and network services. PPONEXT offers access to a network of medical care providers, hospitals, and ancillary facilities to group health, workers' compensation, and other insurance payers in the Midwest, Texas, California, Florida, New Jersey, and Pennsylvania.

LTCG

Venture Round in 1996
LTCG is a leading provider of business process outsourcing to the insurance industry, with an emphasis on supporting long-term care products. LTCG serves over 50 insurers, including all of the top 10 carriers in the long-term care market. The company offers complete administrative support, including application processing, underwriting, policy administration, and claims and care management, as well as health and functional assessments. In addition, LTCG provides clients with unique insight about risk management built upon the industry’s largest database of long-term care underwriting and claims.

eBenX

Venture Round in 1996
eBenX provide business-to-business e-commerce and connectivity solutions to employers and health plans for the purchase, eligibility administration and premium payment of group health insurance benefits. Through their proprietary and licensed technology, they facilitate the flow of eligibility and financial data between employers and health plans.

Amerigroup

Venture Round in 1994
Amerigrouponly business is managing publicly funded health programs for our nation’s most vulnerable. Currently serving approximately 2.8 million members in 12 states nationwide, Amerigroup is dedicated to offering real solutions that improve health care access and quality for our members, while proactively working to reduce the overall cost of care to taxpayers. Together with WellPoint’s affiliated health plans, we serve more than 4.5 million beneficiaries of state sponsored health plans in 19 states, making us the nation’s leading provider of health care solutions for public programs.

AMISYS Managed Care Systems

Venture Round in 1994
AMISYS Managed Care Systems, Inc. develops, markets and supports managed health care information systems and software.