# Jeff Immelt

> Jeff Immelt is a Series A investor at New Enterprise Associates backing Software. See 15 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates)
- Location: Boston, United States
- Total investments: 15
- Last investment: Jul 2026
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/jeffimmelt
- X (Twitter): http://twitter.com/JeffImmelt
- Website: https://x.com/JeffImmelt

Jeff Immelt is a Series A investor at New Enterprise Associates in Boston focused on Software and Artificial Intelligence. Immelt has held several global leadership positions since coming to GE in 1982, including roles in GE's Plastics, Appliances, and Healthcare businesses. In 1989 he became an officer of GE and joined the GE Capital Board in 1997.Immelt has been named one of the World's Best CEOs three times by Barron's, and since he began servingas chief executive officer, GE has been named America's Most Admired Company in a poll conducted by Fortunemagazine and one of The World's Most Respected Companies in polls by Barron's and the Financial Times.Immelt was the chair of President Obama's Council on Jobs and Competitiveness. He is a member of The American Academy of Arts & Sciences.Immelt earned a B.A. degree in applied mathematics from Dartmouth College in 1978 and an M.B.A. from Harvard University in 1982. He and his wife have one daughter.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$7.5M |
| Series A | $3M–$50M |
| Series B | $28M–$36M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 4 | 27% |
| Artificial Intelligence | 4 | 27% |
| Hardware | 2 | 13% |
| Manufacturing | 2 | 13% |
| Predictive Analytics | 2 | 13% |

46 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 6 | 40% |
| Seed | 3 | 20% |
| Series B | 2 | 13% |
| Series C | 2 | 13% |
| Series D | 1 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 12 | 80% |
| Saudi Arabia | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| P-1 AI | P-1 AI is a technology company focused on developing an artificial general engineering intelligence (AGEI) designed to help humanity design physical systems with far greater efficiency and complexity than currently possible. | $50M | Series A | Jul 29, 2026 |  |
| Arkestro | Bid Ops is the only predictive procurement software built to keep your team continuously exceeding targets. Using Bid Ops, you can orchestrate your activities across systems using instant forecasts and real-time collaboration. Predict and win 2-5x faster savings and never get stuck waiting for a KPI report again. Learn more athttps://www.bidops.com | $36M | Series B | May 14, 2025 |  |
| ARRIS | ARRIS is an industrial engineering company that specializes in the fields of machinery manufacturing, automotive, and aerospace. It provides next-gen composites for mass-market applications including aerospace, automotive, sports, and consumer products. The company was founded in 2017 and headquartered in Berkeley, California. | $34M | Venture - Series Unknown | Apr 30, 2024 |  |
| Next Power 360 | NextPower360 develops generators and motors that are instantaneously adaptive to variable power inputs and outputs.NextPower360 aims to make electrical machines and technology that turn the tide in humanity’s fight against climate change. It offers an electric motor design that provides breakthrough range extension from smaller, simpler, lighter,and more efficient motor design, with improved power and regenerative braking.The company was founded in 2022 and is based in Asheville, NC. | $1M | Seed | Dec 15, 2023 |  |
| MaintainX | MaintainX is a software company that provides maintenance and asset management tools for industrial and frontline operations. Its platform helps organizations manage work orders, preventive maintenance, inspections, reporting, asset tracking, and parts inventory through a centralized digital system. The company integrates AI-powered features thatassist teams with troubleshooting, data collection, operational analysis, and predictive maintenance workflows. MaintainX is used across industries such as manufacturing, facilities management, food and beverage, retail, and distribution to improve equipment uptime and streamline maintenance processes. The platform also supports compliance and safety procedures by digitizing workflows and standardizing maintenance operations across multiple sites. | $50M | Series C | Dec 06, 2023 |  |
| Poppy Handcrafted Popcorn, Inc. | Poppy Handcrafted Popcorn’s mission is to create PURE. SIMPLE. POPCORN HAPPINESS. Launched in 2014, Poppy Handcrafted Popcorn is reimagining the way gourmet popcorn is produced and flavored. The company has a small batch approach using high-quality, simple, natural ingredients (including non-GMO corn) from as close to home as possible. Availableat retailers throughout North America, Poppy remains committed to creating jobs and culinary partnerships right here in North Carolina. Shop Poppy online or find a retailer near you at poppyhandcraftedpopcorn.com, and connect on social @poppyhandcraftedpopcorn. | $3M | Series A | Feb 22, 2023 |  |
| Rx Redefined | Rx Redefined is a medical logistics platform that allows physicians to extend services to patients who require specific medical products. The company was founded in 2018 by Brandon Boots and Erik Smith and is headquartered in Oakland, California, United States. | $8M | Series A | Sep 16, 2022 |  |
| Arkestro | Bid Ops is the only predictive procurement software built to keep your team continuously exceeding targets. Using Bid Ops, you can orchestrate your activities across systems using instant forecasts and real-time collaboration. Predict and win 2-5x faster savings and never get stuck waiting for a KPI report again. Learn more athttps://www.bidops.com | $26M | Series A | Jun 14, 2022 |  |
| Glacier | Glacier is the creator of the first affordable, high-performing, and space-efficient AI-enabled robot for recycling. | $4.5M | Seed | Apr 19, 2022 |  |
| Lean Technologies | Lean Technologies is a FinTech startup that develops a platform to provide access to consumer financial data. The company's API suite, designed to abstract developers from the fragmentation of the financial infrastructure, enables businesses to seamlessly access their customers' financial data and initiate instant bank transfers. Thecompany aims to enhance the accessibility, transparency, and utility of financial data and payments for consumers and businesses, promoting a more inclusive and interconnected financial landscape. | $33M | Series A | Jan 20, 2022 |  |

10 of 15 investments shown.

## Co-investors
- [Bain Capital Ventures](https://shizune.co/investors/profile/bain-capital-ventures) — VC Fund, 3 deals together
- [Koch Disruptive Technologies](https://shizune.co/investors/profile/koch-disruptive-technologies) — VC Fund, 2 deals together
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund, 2 deals together
- [40 North Ventures](https://shizune.co/investors/profile/40-north-ventures) — VC Fund, 1 deal together
- [Activant Capital](https://shizune.co/investors/profile/activant-capital) — VC Fund, 1 deal together
- [Alpha Vanguard](https://shizune.co/investors/profile/alpha-vanguard) — VC Fund, 1 deal together

## About New Enterprise Associates

VC Fund · Menlo Park, United States

New Enterprise Associates is a venture capital firm that invests in technology and healthcare startups. The firm engages with entrepreneurs at various stages of business development, providing support from initial funding to public offerings. The company focuses on the technology and healthcare industries.

5 contacts available at New Enterprise Associates.

| Name | Title | Profile |
| --- | --- | --- |
| Alex Sharata | Associate | https://shizune.co/investors/profile/alex-sharata |
| Anthony Florence | General Partner | https://shizune.co/investors/profile/tony-florence |
| Bala Deshpande | Sr. Managing Director, India | https://shizune.co/investors/profile/bala-deshpande |
| Hilarie Koplow-McAdams | Venture Partner | https://shizune.co/investors/profile/hilarie-koplow-mcadams |
| Jay Graf | Venture Partner | https://shizune.co/investors/profile/jay-graf |

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## FAQ

### What does Jeff Immelt invest in?

Jeff Immelt invests primarily in Software, Artificial Intelligence and Hardware startups, most often at Series A and Seed stage. Most of the 15 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Jeff Immelt's check size?

Jeff Immelt typically joins rounds of $1M–$7.5M at Seed, $3M–$50M at Series A and $28M–$36M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Jeff Immelt participates in.

### When did Jeff Immelt last invest?

The most recent investment recorded for Jeff Immelt closed in Jul 2026. Shizune tracks 15 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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