#United States #Washington #Andreessen Horowitz #Vineeta Agarwala #NVCA

Vineeta Agarwala Elected as the New Chair of the NVCA Board

On June 5, 2025, the National Venture Capital Association (NVCA) announced the appointment of Dr. Vineeta Agarwala as the new Chair of its Board of Directors for the term spanning 2025-2026. Agarwala, who is a General Partner at the prestigious firm Andreessen Horowitz, brings a unique blend of expertise as both a physician and a venture investor.

Bobby Franklin, President and CEO of NVCA, expressed optimism regarding Agarwala's leadership, noting her exceptional insight into the intersection of innovation and policy. He highlighted her comprehensive understanding of how technological advancements manifest in real-world applications, as well as her awareness of how policy frameworks can either expedite or hinder innovations. Franklin stated, "Her experience at the forefront of tech and investing gives her a lens on how smart policy and long-term capital can enable American startups. At a time when policy and innovation are deeply intertwined, she'll help NVCA champion a policy environment where innovation can continue to flourish."

In her new role, Dr. Agarwala aims to enhance the role of venture capital in an era where technology is transforming various sectors, including healthcare, energy, education, and infrastructure. "The role of venture capital has never been more critical," Agarwala commented. "As NVCA Board Chair, I am honored to work alongside investors, startup founders, and policymakers to ensure that the U.S. maintains a competitive edge and remains the best environment for fostering innovative solutions for the future."

Dr. Agarwala's appointment also comes with the transition from the previous chair, Byron Deeter, a Partner at Bessemer Venture Partners. Franklin highlighted some of the distinguishing aspects of Deeter's leadership, particularly his dedication to understanding the implications of policy on venture capital. Under his guidance, there was a significant focus on nurturing relationships with policymakers and emphasizing the importance of entrepreneurship for national competitiveness.

Alongside Agarwala's appointment, the NVCA introduced eight new directors to its Board of Directors. Each of these new members will serve a four-year term from 2025 to 2029. The new directors include:

• - Adam D'Augelli from True Ventures
• - Alex Doll from Ten Eleven Ventures
• - Alyssa Jaffee from 7wire Ventures
• - Andrew Adams from Oak HC/FT
• - Amy Wu Martin from Menlo Ventures
• - Graham Brooks from .406 Ventures
• - Navid Farzad from Frist Cressey Ventures
• - Sandy Grippo from Bessemer Venture Partners

The NVCA plays a pivotal role as the voice of the U.S. venture capital and startup community, promoting public policy that supports American entrepreneurship. Its mission is to empower the next generation of innovative companies that will drive economic growth. The NVCA stands at the forefront of providing valuable data, practical education, and networking opportunities within the venture ecosystem. For more information on their initiatives, you can visit www.nvca.org.