HC

Hui Cheng

Principal, Digital Health at New Enterprise Associates (NEA)

San Francisco Bay Area

Overview 

Hui Cheng is a Principal at New Enterprise Associates (NEA) in the San Francisco Bay Area, with a background in financial modeling and expertise in sectors such as Consumer Health and Digital Health. With experience at top firms like Bain & Company and a role at The White House, Cheng brings a wealth of knowledge to her current position at NEA, where she focuses on investing in Series B, Series A, and Seed stage companies in the health and hospital services sector.

Work Experience 

  • Principal, Digital Health

    2024 - Current

New Enterprise Associates is a venture capital firm that focuses on investments in technology and healthcare startups.

  • Vice President

    2021 - 2024

    Early to mid stage tech-enabled healthcare services investing, with a focus on value-based care delivery. Investments and/or board involvement in: Brave Health, Concert Health, Connections Health Solutions, Eleanor Health, Marble Health, Plume Clinic, Thyme Care, Quilted Health, and Zing Health

Town Hall Ventures is an investment firm aimed at transforming the woefully broken U.S. health care market through technology.

  • Consultant

    2016 - 2020

    Focused my time in Bain's PE / growth equity practice (PEG), working with investment deal teams to evaluate growth-stage & buyout targets in enterprise software and healthcare IT & services

  • Business Operations

    2018 - 2018

    Secondment from Bain to help lead bizops at a govtech startup backed by Chris Sacca, Reid Hoffman, & Higher Ground Labs. Learned a ton about sales, product, and operations. Mobilize was acquired by EveryAction, an Insight Partners portfolio company, in 2020.

Mobilize is a events management and volunteer recruitment platform that connects mission-driven organizations and supporters.

Raised $6,460,000.00 from Reid Hoffman, Higher Ground Labs and Lowercase Capital.

  • Public Finance Investment Banking

    2015 - 2015

Morgan Stanley Venture Partners is a private equity firm that invests in high-growth companies in the technology and healthcare industries.

  • Council on Environmental Quality

    2014 - 2014

Council on Environmental Quality works in the development of environmental policies.

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