NFX Capital

Venture Capital Active Palo Alto, United States Est. 2015
Last updated 2026-06-18
Portfolio
80
in our dataset
Rounds participated
118
Rounds led
31
Rounds' value
$1.3B
total disclosed, rounds participated
Stages
Seed, A Round, Pre-Seed

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

Aligned
Customer Collaboration Platform
3 rounds $73.8M committed Latest: 2026-07
Q-Factor
Full-Stack Quantum Computing using Neutral Atoms
Led ★ 1 round $24.0M committed Latest: 2026-04
ScaleOps
Kubernetes Resource Optimization
Led ★ 4 rounds $209.5M committed Latest: 2026-03
Fun Crafters
Game Developer of High-Quality, Mid-Core Mobile RPG
Led ★ 2 rounds Latest: 2025-11
Faddom
Agentless Application Dependency Mapping
3 rounds $14.0M committed Latest: 2025-11
Impala AI
Enterprise Infrastructure for Large Language Model Inference and Orchestration
Led ★ 1 round $11.0M committed Latest: 2025-10
Velocity
Developer Environment Tools
Led ★ 2 rounds Latest: 2025-10
Shapes
AI-native HR Platform Helping HR teams run Every People Process from One Adaptable PeopleOS
2 rounds $19.5M committed Latest: 2025-10
Koi
Endpoint Security Platform
2 rounds $48.0M committed Latest: 2025-09
Utila
Self-custody Wallet Platform
4 rounds $51.5M committed Latest: 2025-09
Vendict
Transforming Security Questionnaires Through The Power of Generative AI
Led ★ 2 rounds $19.5M committed Latest: 2025-08
Walnut
Codeless Sales Demo Platform
Led ★ 3 rounds $37.5M committed Latest: 2025-07
Yo! Egg
Plant-based Egg Substitute
Led ★ 2 rounds $5.0M committed Latest: 2025-07
Candex Technologies
Fintech Master Vendor
1 round $33.0M committed Latest: 2025-07
SimpliiGood
Cultivated and Harvesting Edible Spirulina
1 round Latest: 2025-07
Particle Lab
Stealth Mode Startup
Led ★ 1 round Latest: 2025-06
Unibeam
Digital Identity Authentication
Led ★ 1 round $6.0M committed Latest: 2025-06
LINE5
LINE5 is quietly building what’s next in autonomous defense.
Led ★ 1 round $20.0M committed Latest: 2025-05
Remepy
Pioneering Hybrid Drugs
Led ★ 2 rounds $20.0M committed Latest: 2025-03
enso
Catalog of Fully Autonomous AI-powered Bots for SMBs.
Led ★ 2 rounds $6.0M committed Latest: 2025-02
WingPlay
Mobile Gaming App
Led ★ 1 round Latest: 2025-02
Astronomica
Game Development Studio of Instant Social Games on Super-chat Apps
Led ★ 1 round Latest: 2025-01
Nanocarry Therapeutics
Nanoparticle-based Therapeutics for Brain Cancer and CNS Disorders
Led ★ 2 rounds Latest: 2025-01
Evalon
Protects Enterprises from GenAI-era Human Identity Fraud and Scams
1 round Latest: 2025-01
caVos Biotherapeutics
Novel Anti-cancer Drugs
1 round $3.3M committed Latest: 2024-11
Payouts.com
Automated Global Vendor Payments and Supplier Management
1 round $8.0M committed Latest: 2024-09
Zip Bio
Compressing Biology to Develop the Next Generation of Therapies
Led ★ 1 round $4.0M committed Latest: 2024-09
Parlant
Conversational AI Engine with Behavioral Guidelines
1 round Latest: 2024-06
Opmed.AI
Operating Room Scheduling and Management
1 round $15.0M committed Latest: 2024-05
Glaive
Mobile-First Mid-Core Games
1 round Latest: 2024-04
PVML
Data Access Platform Based on AI
1 round $8.0M committed Latest: 2024-04
Permit.io
End-to-end Authorization Platform
2 rounds $14.0M committed Latest: 2024-02
Mana.bio
AI-based Programmable Drug Delivery
2 rounds $19.5M committed Latest: 2023-10
Darrow
Justice Intelligence Platform
2 rounds $55.0M committed Latest: 2023-09
Global Optic Hub
Marketplace for Eyewear & Optical Industry
1 round $500K committed Latest: 2023-08
Akooda
AI-Powered Enterprise Search
1 round $11.0M committed Latest: 2023-07
RenewalBIO
Renewing Human Health
1 round Latest: 2023-04
Triple Whale
Business Management App for Online Retailers
Led ★ 2 rounds $27.7M committed Latest: 2023-02
Imagen
AI-powered Batch Editing App for Lightroom
Led ★ 2 rounds $34.0M committed Latest: 2022-12
Pangea Biomed
Pan-cancer Therapy Response Predictor
Led ★ 2 rounds $12.0M committed Latest: 2022-12
Xternity Games
Multi-chain Game Development Platform
1 round $4.5M committed Latest: 2022-11
Alterya
Decentralized Data Infrastructure Platform
1 round $9.8M committed Latest: 2022-09
Trojan Bio
Therapeutic Antibodies for the Treatment of Cancer
1 round Latest: 2022-09
Landa
Real Estate Investing App
Led ★ 1 round $25.0M committed Latest: 2022-08
Theator
Surgical Intelligence Platform
2 rounds $39.5M committed Latest: 2022-07
Gigantic
Mobile Arcade Games
Led ★ 2 rounds $14.0M committed Latest: 2022-07
Totem
Game Development Community
1 round Latest: 2022-06
Circles
Online Support Group Platform
Led ★ 2 rounds $24.5M committed Latest: 2022-05
Komodor
Kubernetes-native Troubleshooting Platform
2 rounds $46.0M committed Latest: 2022-05
REACH
Remote Customer Collaboration Platform for Business Transactions
2 rounds $10.5M committed Latest: 2022-03
Propel
PR Productivity Platform
Led ★ 2 rounds $5.6M committed Latest: 2022-03
Sidelines Group
Data-Driven Sports Betting Solutions and Player Bet Marketplace
Led ★ 1 round $25.0M committed Latest: 2022-02
Sauce
Direct Web and Social Media Ordering Platform for Restaurants
1 round Latest: 2022-01
Octoplay Games
Gaming Studio
1 round Latest: 2022-01
Breeze
Digital Marine Insurance
1 round Latest: 2021-12
Uncaged Studios
Esports Gaming Studio
1 round Latest: 2021-12
XTEND
Human-guided autonomous machine systems for defense, public safety, and security.
1 round $20.0M committed Latest: 2021-11
Edity Therapeutics
Using Human Immune Cells to Deliver Therapeutic Proteins
1 round $2.3M committed Latest: 2021-09
PsygaBio
Drugs Derived from Natural Compounds
1 round Latest: 2021-09
PayEm
Expense Management Platform
1 round $7.0M committed Latest: 2021-08
Ridge
Edge Computing Metacloud
Led ★ 2 rounds $22.0M committed Latest: 2021-08
Veriti Security
Unified Security Posture Management Platform
Led ★ 1 round $6.5M committed Latest: 2021-08
Bizi
Small Business Financial Solutions
1 round $7.5M committed Latest: 2021-07
RightHear
Accessibility Solutions for Public Spaces
1 round Latest: 2021-07
HAAT Delivery
Restaurant Discovery Platform
1 round $3.5M committed Latest: 2021-05
C2i Genomics
Whole-genome Cancer Treatment Intelligence Platform
2 rounds $112.0M committed Latest: 2021-04
HQ
Corporate Transport and Booking Platform
Led ★ 1 round $12.0M committed Latest: 2021-02
EdgyBees
Real-time Augmented Visual Intelligence
2 rounds $15.0M committed Latest: 2021-02
A.Team
On-demand Team Formation Platform
Led ★ 1 round $5.0M committed Latest: 2020-11
Papaya
Skill-based Gaming Platform
2 rounds $3.5M committed Latest: 2020-11
Bridgecrew
Code Security Platform
Led ★ 2 rounds $18.0M committed Latest: 2020-04
WaveBL
Digital Document Courier Solution
1 round $5.3M committed Latest: 2019-09
Gilboa Therapeutics
Next-generation Cell Therapy for the Treatment of Cancer
Led ★ 1 round Latest: 2019-09
Constru
AI Construction Platform
1 round $2.5M committed Latest: 2019-07
Spike
Email-based Message Platform for Work Environments
1 round $5.0M committed Latest: 2019-03
fuse.ar
Augmented-reality Content Generation
1 round Latest: 2019-01
Hippo Insurance
AI-based Property Insurance
1 round $70.0M committed Latest: 2018-11
Fabric Skincare
Everyday Skincare Products for Men
1 round Latest: 2018-01
Oversee Travel
AI-powered Travel Tech Platform, Optimizing Corporate Travel Spend & Streamlining Agent Operations
1 round $8.0M committed Latest: 2017-01
SuperPlay
Social Gaming Studio
1 round

Investment activity

10 portfolio exits on record.

Portfolio by sector

Business Software23
Health Tech & Life Sciences18
Media & Entertainment Technologies14
Fintech & Insurtech9
Cyber Security8
Agriculture & Food Technologies4
Aerospace, Defense & HLS4
Industrial Technologies3

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

Websitenfx.com/
LinkedInlinkedin.com/company/6455649
Facebookfacebook.com/nfxvc
YouTubeyoutube.com/channel/UC2ZCl6UC4FYlvsUEtK4ZaOg
Instagraminstagram.com/nfxvc/?hl=en

Identifiers & details

Founded2015

Radar intelligence

Open jobs — lever

Total open2
Remote0
By departmentInvestment (2)
By locationUnited States (2)
TitleLocationDepartment
NFX TechBio Fellows 2026-2027United StatesInvestment
NFX Fellows Application 2026-2027United StatesInvestment

Web history (Wayback)

Domainnfx.com

Certificate / subdomain footprint

Subdomains53