About
NFX is a venture firm focused on pre-seed & seed stage startups. Its goal is to transform how innovators are funded. NFX invests in early-stage companies located in the US and Israel. It focuses on seed-stage ventures, and sometimes also invests in pre-seed and Series A rounds. NFX invests in companies whose model is based on the "network effect", in which every user of the network profits from the additional of another investor.
NFX began in 2015 as a startup accelerator that invested $120,000 in each company that participated in the program. The first fund of $150 million, which was closed in November 2017, has invested in 25 companies, with an average investment of $2 million per seed company.
The second Fund, which was closed in May 2019, was one of the largest seed funds in Silicon Valley. The fund aimed at facilitating larger amounts than in the past in a large number of companies.
In February 2021, the firm has launched NFX.BIO, an early stage fund aimed at funding some of biotechs most successful Scientist-Founders.
In October 2021, the firm has launched a $450 Million Fund III dedicated solely to pre-seed and seed-stage startups.
Portfolio · 80
Investment activity
10 portfolio exits on record.
Portfolio by sector
Funds · 4
- 4 — $325M Sep 2025
- 3 — $450M Sep 2021
- 2 — $275M Apr 2019
- 1 — $150M Oct 2017
Q&A
- What is NFX Capital's most recent fundraise?
- NFX Capital raised Fund 4, totaling $325 million, in September 2025.
- What was NFX Capital's most recent exit?
- NFX Capital had an exit in February 2026 with XTEND, which underwent a reverse merger and was listed on NASDAQ.
- Which company did NFX Capital see acquired for $400 million recently?
- In February 2026, NFX Capital saw its portfolio company Koi acquired by Palo Alto Networks for $400 million.
- What was a notable acquisition exit for NFX Capital in 2025?
- In May 2025, NFX Capital's portfolio company Veriti Security was acquired by Check Point Software Technologies for $100 million.
- What is NFX Capital's primary investment stage focus?
- NFX Capital primarily focuses on Seed stage investments, with 56 non-follow-on Seed rounds and 13 follow-on Seed rounds.
- Which sector has NFX Capital invested in the most?
- NFX Capital has shown a strong concentration in the Business Software sector, with 43 investment rounds.
- Can you name a recent investment by NFX Capital in the AI space?
- NFX Capital invested in Impala AI, an enterprise infrastructure for large language model inference and orchestration, in a Seed round of $11 million in 2024.
- What is NFX Capital's investment thesis?
- NFX Capital invests in early-stage companies located in the US and Israel, focusing on ventures whose model is based on the "network effect," where every user profits from the addition of another user.
- Which portfolio company of NFX Capital was acquired by Chainalysis?
- In January 2025, NFX Capital's portfolio company Alterya, a decentralized data infrastructure platform, was acquired by Chainalysis for $150 million.
- What was NFX Capital's investment in the gaming sector in 2024?
- NFX Capital participated in a Seed round for Astronomica, a game development studio, raising $250K in 2024.
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | nfx.com/ |
|---|---|
| linkedin.com/company/6455649 | |
| facebook.com/nfxvc | |
| YouTube | youtube.com/channel/UC2ZCl6UC4FYlvsUEtK4ZaOg |
| instagram.com/nfxvc/?hl=en |
Identifiers & details
| Founded | 2015 |
|---|
Radar intelligence
Open jobs — lever
| Total open | 2 |
|---|---|
| Remote | 0 |
| By department | Investment (2) |
| By location | United States (2) |
| Title | Location | Department |
|---|---|---|
| NFX TechBio Fellows 2026-2027 | United States | Investment |
| NFX Fellows Application 2026-2027 | United States | Investment |
Web history (Wayback)
| Domain | nfx.com |
|---|
Certificate / subdomain footprint
| Subdomains | 53 |
|---|