New Enterprise Associates (NEA)

Amber Therapeutics has developed a solution that scientists previously thought was impossible — a revolutionary implantable system that treats urinary incontinence by targeting the pudendal nerve. For founder Aidan Crawley, this journey into groundbreaking science came after a successful career in finance and software. His true passion: taking on a major unmet healthcare need that could improve millions of lives. “I got exhausted trying to come up with the next trillion-dollar app in crowded markets, wondering if we were inventing problems to solve,” Aidan says. “I wanted to work on a problem that is indisputably real, where the difficulty is in the execution. If you’ve got a cure for a disease that impacts millions of people and you have 55 hurdles to get over, that’s a fun challenge.” Read our full Q&A with Aidan to learn more about his journey founding Amber Therapeutics and why he’s forecasting a bright future for health tech. https://lnkd.in/gH6YYhSE #healthtech #founders #medicine

🔨 We are grateful to surround ourselves with a deeply valuable network of experts and operators that are passionate company-builders. We feel extra fortunate when these individuals are able to formalize their relationships with NEA in order to regularly contribute to and build connections with our portfolio company founders and teams. 🤩 Our team has a history of working closely with tech industry veterans, Mikhail Parakhin and Mike Foley, and today we are thrilled to announce them as our newest venture advisors. Mikhail is a distinguished technology executive, who was most recently CEO of Advertising and Web Services at Microsoft and previously held tech leadership positions at Microsoft and Yandex. Mike is a seasoned technology executive who recently served as CEO of Branch, an NEA portfolio company; he has also held leadership positions at Google, Unity Technologies, Electronic Arts, and Microsoft. 👋🏽 Welcome, Mikhail and Mike---we are thrilled to continue company-building with you!

“AI will be an ingredient in every product within a few years. So it’s time to start building this muscle now.” - Francois Ajenstat   We’re 18 months into the #GenAI era and it’s clear that product roadmaps will never be the same. NEA’s Vanessa Larco and Tiffany Luck—with added insight from Francois Ajenstat--share thoughtful strategies & long-term vision for integrating AI into your product roadmap with a balanced approach.   https://lnkd.in/gARiMnHN

ICYMI We had a great time partnering with Factorial Funds recently for ‘Founder Day’ at Anthropic… More details below 👇

Healthcare’s biggest challenge? A torrent of unstructured patient data, thousands of billing codes, and decades of records that make it harder than ever for medical professionals to do their jobs. “You have very highly trained, expensive resources spending hours on the kind of stuff that should be invisible,” says Anterior (formerly Co:Helm) co-founder and CEO Abdel Mahmoud, MD. “Doctors, nurses, and prescribers are drowning in administration and burnt out. We asked ourselves, what could we do? What if we could free up that resource by creating an intelligence system?” Anterior’s AI-driven platform uses LLMs to handle these technical tasks and uplift clinicians. Watch our full interview with Abdel and NEA's Mohamad Makhzoumi below to learn more about his company’s evolution, and why the opportunities for technology in healthcare are endless. https://lnkd.in/gxacsquK #healthcare #ai #llm

🤩 We had a great time joining forces with Factorial Funds to bring together a stellar group of our portfolio founders for ‘Founder Day’ at Anthropic. Founders were treated to an inside look at Anthropic’s product roadmap, best practices for builders using the company’s API and other #AI products—and even a Boba tea bar! 🧋 🙌🏼 Thanks to the Factorial and Anthropic teams for being awesome partners! #AI #GenAI #founders #startups

Congrats! 👏🏽👏🏽👏🏽 Forethought shares recent milestones underscoring why customer experience is the #1 use for #genAI in business...

🎉 Congratulations, PayZen--$232M raised to tackle healthcare affordability with AI-powered solutions. 🗣️ "Healthcare affordability is an enormous pain point for patients and providers in the U.S. We believe PayZen's AI-enabled platform is a category leader, as evidenced by the company's explosive traction in the past year and ability to disrupt a market that's been historically difficult to address. Itzik and the PayZen team are driving positive change in healthcare payments, and we're thrilled to partner with them on this next phase of growth and expansion." -Mohamad Makhzoumi, NEA 📰 https://lnkd.in/dqCWrve3

👉🏽 Plato is revolutionizing manufacturing with an Operations Digital Twin platform based on their proprietary Spatial Intelligence technology. Learn more at www.plato.systems #SpatialIntelligence #SpatialAI #DigitalTwins #Manufacturing #Industry40 #AI #DigitalTransformation #SmartFactory

💡 Databricks offers a revolutionary software product, but the company’s Co-Founder and CEO Ali Ghodsi says their success has as much to do with human connection and trust as its machine learning algorithms. "In my previous life as a researcher, I published papers and talked to computers. They're very binary,” says Ghodsi. “When it comes to humans, it's all about the trust that you're building with them. A lot of things just come down to that. The only way you can do that is by talking often and forging that relationship and being vulnerable both ways.” Listen to the full conversation with Ghodsi to hear about the defining moments that have shaped Databricks' ascent, why partnerships matter, and when to pursue them. 🎧 https://lnkd.in/gUaS9ZU9 #startups #founders #podcast