New Enterprise Associates related stories
All articles and analysis

- Forethought reels in $9 mln Series A in NEA-led round
San Francisco-based Forethought, an AI company for knowledge professionals, has secured $9 million in Series A funding. New Enterprise Associates led the round with participation from other investors that included K9 Ventures and Village Global.

- Insurance company Bright Health takes in $200 mln Series C
Minneapolis-based Bright Health, an insurance company, has raised $200 million in Series C funding. The investors include Declaration Partners, Meritech Capital, Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates, Redpoint Ventures and Town Hall Ventures.
- PlayVS scores $30.5 mln Series B
PlayVS, which is building the infrastructure and official platform for high school esports, has secured $30.5 million in Series B funding. Elysian Park Ventures led the round with participation from other investors that included New Enterprise Associates, Science Inc., Crosscut Ventures, Coatue Management, WndrCo, Adidas, Samsung NEXT, Plexo Capital and Sean “Diddy” Combs.
- Zero Financial procures $16 mln
San Francisco-based fintech company Zero Financial Inc has raised $16 million in funding. The investors included Eniac Ventures, NEA, Nyca Partners and Silicon Valley Bank.


Freshly funded Drop Technologies acquires Canopy LabsDrop Technologies has acquired Canopy Labs, a Toronto-based customer-focused predictive analytics software provider. No financial terms were disclosed. Derrick Fung, CEO of Drop, a Toronto-based mobile rewards program, said the acquisition of Canopy Labs' machine learning technology will help his company build "a best-in-class product for both consumers and our merchant partners." Earlier this year, Drop raised a US$21 million Series A financing /canada/2018/01/rewards-app-drop-raises-26-mln-nea-led-series-round/ led by New Enterprise Associates. Founded in 2012 by CEO Wojciech Gryc and CTO Jorge Escobedo, Canopy Labs secured financing from BDC Capital, Valar Ventures and other investors.
- Mojo Vision amasses over $50 mln
Saratoga, California-based Mojo Vision, an invisible computing company, has raised over $50 million in funding. The investors included Shanda Group, Khosla Ventures, NEA, Fusion Fund, Liberty Global Ventures, 8VC, Dolby Family Ventures, AME Cloud Ventures and Open Field Capital.