Menlo Park, CA – June 14, 2017 – Global venture capital firm New Enterprise Associates, Inc. (NEA) today announced the promotions of four members of its investing team. Amit Mukherjee has been named Partner, and Matt Sacks, Andrew Schoen, and Blake Wu have been promoted to Principal.

“We believe that one of NEA’s core strengths is our commitment to cultivating a deep bench and promoting from within, and these new roles reflect the outstanding contributions Amit, Matt, Andrew and Blake have each made to NEA’s investing practices and across our portfolio,” said Scott Sandell, Managing General Partner, NEA. “Amit has demonstrated tremendous judgment and leadership as part of our consumer investing team, and we are thrilled to promote him to Partner. Similarly, Matt, Andrew and Blake have shown great initiative and commitment, each playing an increasingly integral role in the success of our firm’s investing practices. We are thrilled to recognize these accomplishments and congratulate each on their new roles.”

Amit Mukherjee joined NEA's technology team in 2012 and is focused on consumer internet investments. He works closely with many NEA portfolio companies, including Casper, MasterClass, and The Players’ Tribune. Other investments Amit has supported include Uber, Snapchat, Duolingo, Coursera, Robinhood, Jet.com, Banjo, GreenChef and Lot18. He is based on the West Coast, working out of NEA’s Menlo Park and San Francisco offices. In 2016 Amit was named to the Forbes 30 Under 30 in Venture Capital.

Matt Sacks joined NEA’s technology team in 2014 and focuses on enterprise and consumer investments. He serves on the boards of Barkly, Benchprep, and Tamara Mellon Brand is a board observer of Bonsai and Catalytic, and also works closes with closely with goop, Raise, TravelBank, Wallapop, and previously with Jet.com (acquired by WalMart). Matt is based in the firm’s New York office.

Andrew Schoen joined NEA’s technology team in 2014 and focuses on enterprise and consumer investments. He serves on the boards of Qadium, IONQ, and CCP Games, and has supported the firm’s investments in Code42, Curalate, Duolingo, Pentaho (acquired), Pocket (acquired), ScienceLogic, ThreatQuotient, and TrackMaven. He is based in the firm’s New York office, and has worked closely with NEA’s China practice as a Schwarzman Scholar.

Blake Wu joined NEA’s healthcare team in 2014 and is focused on healthcare services, healthcare IT, biopharma and medical device investments. He works closely with many NEA healthcare portfolio companies, including Elements Behavioral Health, Bright Health, Collective Health, Pager, Radiology Partners, and SCI Solutions. Blake is based in NEA’s Menlo Park office.

About NEA

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With over $19 billion in cumulative committed capital since the firm’s founding in 1977, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of successful investing includes more than 210 portfolio company IPOs and more than 360 acquisitions. For additional information, visit www.nea.com