NFX
Venture capitalActively deployingSan Francisco · Pre-Seed–Series B · 28 people tracked
Also known as NFX Advantage · NFX Capital · NFX CAPITAL MANAGEMENT, LLC · NFX SL Advantage · NFX SST Advantage
Investment thesis
NFX invests at the seed stage in what it describes as rare, 'anti-normal' founders who see the world differently and are determined to realize their vision. Drawing on its partners' operating experience building ten companies with more than $10 billion in combined exits, the firm emphasizes speed: funding founders early and quickly, helping them get their businesses right, supporting the next fundraising round, and continuing to back them thereafter. Its stated goal is to transform fearless founders into elite leaders and to create not just value but enduring change.
Source: firm website, verified Aug 3, 2026.
Team · 28 people
from the firm's website & public directoriesWhat they invest in
from 44 of 60 portfolio companiesAI & Machine Learning ×19SaaS ×13Enterprise Software ×12Biotech ×10Healthtech ×9Deep Tech ×7Developer Tools ×5Marketplaces ×5
HQs:United States×34Spain×1United Kingdom×1Mexico×1New Zealand×1Poland×1
Investments · 60 tracked
founders shown can be your intro pathDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
ConsumerE-commerceFoodTechMarketplacesSan Francisco, US
Tony Xu(Founder/CEO)inAndy Fang(Founder)inStanley Tang(Founder)in
Lyft is an on-demand ridesharing platform that connects passengers with drivers for various ride types, including standard rides, premium options, and other transportation services.
MarketplacesMobility & Transportation
Logan Green(Founder)inJohn Zimmer(Founder)inDavid Risher(CEO)in
Constrafor provides a SaaS and fintech platform for general contractors and subcontractors to manage back-office operations, procurement, invoicing, and payments, with integrated AI-powered job costing and receivables financing capabilities.
Construction TechEnterprise SoftwareFintechSaaSNew York, US
Anwar Ghauche(Founder & CEO)in
Firefly operates a network of digital advertising screens on vehicles including car top displays and branded wraps on taxis and rideshare vehicles, delivering geo-targeted and contextually relevant messages to urban audiences across 60,000+ screens in the U.S. and 7 countries globally.
AdTechMarketing TechMarketplacesMobility & Transportation<UNKNOWN>, US
Incredible Health provides personalized career coaching to nurses seeking new employment, offering one-on-one support from experienced nurses and career experts for job search, interview preparation, resume review, and offer negotiation.
AI & Machine LearningB2B MarketplacesHealthtechHR TechMarketplacesUnknown, US
Iman Abuzeid(Co-founder and CEO)Rome PortlockHarry Jerome Portlock II(Director)
Permit.io provides a full-stack authorization framework that lets developers add access control and Identity Access Management to their products, with low-code tools for the rest of the organization.
AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSaaS
Seso provides a workforce management platform purpose-built for agribusiness, helping farms navigate the H-2A guest worker visa program, hire and onboard seasonal and domestic workers, run ag-specific payroll, and maintain compliance records.
AgTechHR TechSaaSSan Francisco, US
Michael Guirguis(Co-founder & CEO)Jordan Taylor(Co-founder)
Veras builds a workforce platform for the long-term and post-acute care industry, handling shift-based scheduling, CMS compliance, and frontline care workforce management.
HealthtechHR TechSaaSLehi, US
Walnut provides interactive, personalized product demo software for SaaS sales teams, enabling prospects to experience products across websites, email, and live presentations rather than generic, buggy demos.
AI & Machine LearningEnterprise SoftwareSaaSSales Tech
Yoav Vilner(CEO)
New York, US
David Wolfson(Director)Rashik Adhikari(Executive Officer, Director)Josef Feldman(Director)
Board seatGigi Levy-Weiss· per SEC Form D · $41.5M raise · filed Nov 2021
Phoenix, US
Michael Rubenstein(Executive Officer)Tedis Baboumian(Executive Officer, Director)James Currier(Director)Nirit Rubenstein(Executive Officer, Director)
Board seatJames Currier· per SEC Form D · $2.3M raise · filed Jul 2020
New York, US
Marc Furstein(Director)Stan Chudnovsky(Director)Raymond Endres(Director)Ali Hindy(Executive Officer, Director)William Briger(Executive Officer, Director)Peter Briger(Director)
Board seatStan Chudnovsky· per SEC Form D · $30M raise · filed Jun 2026
ImmuneBridge develops a platform for manufacturing cell therapies using umbilical cord blood stem cells, incorporating ML-powered donor screening and proprietary stem cell expansion technology.
AI & Machine LearningBiotechMedical DevicesSan Francisco, US
Alicia Jackson(Director)Stuart Alexander Jacobson(Executive Officer, Director)Cheryl Zimberlin(Director)Gregory A. Bonfiglio(Director)Peretz Partensky(Executive Officer, Director)Mary Kim Warren(Director)
Board seatOmri Amirav-Drory· per SEC Form D · $7.1M raise · filed Apr 2025
Palo Alto, US
Chris Kuenne(Director)George Rehm(Director)Stan Chudnovsky(Director, Promoter)Lawrence Leisure(Director)Robert Derek Newell(Executive Officer, Director, Promoter)James Currier(Director, Promoter)
Board seatStan Chudnovsky· per SEC Form D · $32M raise · filed May 2015
La Jolla, US
Donald Jeff Milton(Executive Officer, Director)Omri Amirav-Drory(Director)Tamar Rachel Grossman(Director)
Board seatOmri Amirav-Drory· per SEC Form D · $3.5M raise · filed Oct 2021
San Francisco, US
Steven Zhou(Executive Officer, Director)Maxam Yeung(Director)James Currier(Director)
Board seatJames Currier· per SEC Form D · $1.9M raise · filed Aug 2019
ResistanceBio develops treatments to address drug resistance in cancer patients.
BiotechHealthtechSan Francisco, US
Nicholas Goldner(CEO/Founder)inChristopher Bulow(Founder)inKYLE LAPHAM(Executive Officer, Director)OMRI AMIRAV-DRORY(Director)
Board seatOmri Amirav-Drory· per SEC Form D
Talus develops a proprietary platform that measures and modulates the regulome—the body's gene expression control system—in native cellular contexts.
AI & Machine LearningBiotechDeep TechHealthtechSeattle, US
Alex Federation(Founder)inLindsay Pino(Founder)in
BoardJ. Seth Strattan(Director)
Board seatOmri Amirav-Drory· per SEC Form D
Theator is a surgical intelligence platform that analyzes surgical video and converts it into structured data for surgeons, hospital executives, and revenue cycle teams.
AI & Machine LearningDigital HealthHealthtechPalo Alto, US
Dotan Asslemann(Director)Gigi Levy Weiss(Director)Tamir Wolf(Executive Officer, Director)
Board seatGigi Levy-Weiss· per SEC Form D · $15.5M raise · filed Aug 2021
Columbus, US
Cherniv Ivan(Chief Technology Officer)Orbach Avraham(Secretary & CEO)Blank Maxx(President & Treasurer, COO)
Board seatGigi Levy-Weiss· per SEC Form D · $24.1M raise · filed Mar 2022
TwoStep Therapeutics is a Stanford spinout developing targeted cancer therapies, including peptide-based drug conjugates and radioligand programs built on a tumor-targeting peptide platform.
BiotechHealthtechSan Carlos, US
Matias Porras Paniagua(Director)Caitlyn Miller(CEO & Co-Founder)Omri Amirav-Drory(Director)John Prufeta(Director)Jennifer Cochran(Co-Founder)Carolyn Bertozzi(Co-Founder)
Board seatOmri Amirav-Drory· per SEC Form D · $62.2M raise · filed Jan 2026
Azra is a video game developer that creates role-playing games for mobile platforms, leveraging proprietary AI technology to accelerate development and bring titles to market faster.
GamingSacramento, US
Mark Otero(CEO)inDavid Scurfield(Executive Officer, Director)Sonny Mayugba(Executive Officer, Director)
BoardFranklin Bi(Director)
Cambridge, US
Brian Elliott(Executive Officer, Director, Promoter)Sanjot Malhi(Director)Siddhant Pardeshi(Executive Officer, Director, Promoter)Siddhant Prakash Pardeshi(Director)
AI platform developing custom enterprise software for Fortune 500 companies
TradeBuddy is a technology platform for the scrap metal trading and recycling industry, serving metal processors, traders, and exporters.
B2B MarketplacesCircular EconomyLogistics & Supply ChainNew Zealand, NZ
Enso is an AI-first data preparation and blending platform that enables data teams to ingest, clean, transform, and analyze structured and unstructured data across multiple sources including databases, files, and APIs.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSKraków, PL
Sylwia Brodacka(Founder)in
EvenUp provides an AI-powered claims intelligence platform for personal injury law firms to draft, review, and strengthen cases.
AI & Machine LearningLegalTech
Rami Karabibar(Chief Executive Officer)inRaymond Mieszaniec(Chief Operating Officer)inSaam Mashhad(Chief of Product & Legal Operations)in
Hightouch builds a data activation platform that integrates with existing enterprise data infrastructure to enable marketing and business teams to activate customer data at scale.
AI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing TechSan Francisco, US
Kashish Gupta(Founder)inTejas Manohar(Founder)inJoshua Curl(Founder)in
Honor is a home care technology platform that combines centralized operations, digital tools, and local care networks to deliver in-home care for aging adults.
Digital HealthHealthtechSaaS
Seth Sternberg(Co-founder)inSandy Jen(Co-founder)inCameron Ring(Co-founder)inMonica Doss(Co-Founder)Monica Lo(Co-founder)in
An online marketplace that connects participants to mass participation sports events and experiences.
ConsumerMarketplacesTravel & HospitalityLondon, GB
Starcloud builds data center infrastructure deployed in space, leveraging continuous solar energy and radiative cooling to enable large-scale compute clusters for AI training.
Data & InfrastructureDeep TechSpace Tech
Ezra Feilden(Executive Officer, Director)inPaul Adrian Oltean(Executive Officer, Director)Philip Johnston(Executive Officer, Director)in
BoardMorgan Beller(Director)
PartnerMorgan Beller· led
Maisa is an automation platform that combines AI reasoning with deterministic logic to create accountable, auditable AI agents for enterprise business processes.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS<UNKNOWN>, ES
Pablo Fernandez Alvarez(Executive Officer, Director)David Villalon Pardo(Executive Officer, Director)Andrew Volkov(Executive Officer, Director)Jochen Doppelhammer(Executive Officer)Peter Specht(Director)Raul Pucheta(Executive Officer)
Mammoth Bio develops technology to read and write the code of life, operating in the biotechnology sector.
BiotechDeep TechMedical DevicesBrisbane, US
Jennifer Doudna(Founder)inTrevor Martin(Co-founder, Chief Executive Officer)Janice Chen(Co-founder, Chief Scientific Officer & President, Research)Lucas Harrington(Co-founder)inUrshit Parikh(Director)Ashley Tehranchi(Executive Officer, Director)
Notebook Labs provides zero-knowledge identity verification for Web3, allowing users to prove personhood and aggregate credentials across wallets while maintaining anonymity.
Crypto & Web3Enterprise SoftwareSan Francisco, US
Nathaniel Masfen-Yan(Founder)inSolal Afota(Founder)inDhruv Mangtani(Founder)in
Platform accelerating drug discovery for untreatable diseases.
BiotechDedham, US
Omri Amirav-Drory(Director)Yu Hu(Executive Officer, Director)Samantha Dale Strasser(Director)
Pumpkinseed develops deSIPHR, a nanophotonic chip platform that reads protein identity and state at single-molecule resolution using Raman spectroscopy, generating high-fidelity proteomic data for biopharma research, biosecurity applications, and bio-AI model training.
AI & Machine LearningBiotechDeep Tech
System of record and action for the recreation industry
Starfish Space develops autonomous satellite servicing technology and infrastructure to enable affordable and available satellite maintenance in orbit.
Deep TechHardwareSpace TechTukwila, US
Trevor Bennett(Co-founder)Austin Link(Co-founder)
BoardMorgan Beller(Director)Peter Ortez(Director)Letitia Long(Director)
Stoke Space develops fully reusable rockets for space transportation and mobility services.
Advanced ManufacturingDeep TechHardwareSpace TechSeattle, US
Andy Lapsa(Founder)inTom Feldman(Founder)inKelly Hennig(Executive Officer)Morgan Beller(Director)
BoardChristian Garcia(Director)Phil Harris(Director)
TermScout provides contract intelligence software that analyzes agreements, benchmarks commercial terms against market data, and generates risk signals to help legal, sales, and procurement teams execute deals faster.
Data & InfrastructureEnterprise SoftwareLegalTechSaaSDenver, US
Howard Diamond(Director)Brian Schwalm(Executive Officer)Mark D. Frank(Executive Officer)Christopher Burton(Executive Officer)Nancy Pierce(Director)Chris Silvestri(Executive Officer, Director)
Uptime Health provides operational tools and preventive maintenance plans to healthcare practices to reduce downtime and ensure regulatory compliance.
Enterprise SoftwareHealthtechSaaSBoston, US
John Huysmans(Director)William Olsen(Executive Officer, Director)Jinesh Patel(Executive Officer, Director)in
Warmly is an AI-powered sales prospecting and outreach platform that helps companies identify and engage with qualified leads, reducing the need for traditional Sales Development Representative services.
AI & Machine LearningEnterprise SoftwareSales TechSan Francisco, US
Max Greenwald(Founder)inCarina Boo(Founder)inAlan Zhao(Founder)in
Zubale develops e-commerce technology solutions and tools for retailers in Latin America, helping them increase sales and improve customer experience on their digital channels.
E-commerceLogistics & Supply ChainRetail TechSaaSMexico City, MX
Allison Campbell(Founder)Sebastian Monroy(Founder)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does NFX invest at?
- NFX invests at the Pre-Seed, Seed, Series A, Series B stages.
- What is NFX's typical check size?
- NFX typically writes checks of $250K – $5M.
- What sectors does NFX focus on?
- NFX focuses on AI & Machine Learning, Sector Agnostic.
- Where is NFX located?
- NFX is headquartered in San Francisco, US.
- Does NFX lead rounds?
- Yes, NFX leads investment rounds.
Media · Podcasts & interviews
featuring the teamLatAm's startup opportunity: Anna Piñol, NFX
Latitud · Anna Piñol
Non-obvious advice to startups founders: NFX's Pete Flint I Vamos Latam Summit
Latitud · Pete Flint
Ask NFX #2: Pete Flint on Pre-Seed Signals, Conviction, and the Future of Marketplaces
NFX · Pete Flint
Two-Sided S3E8: Building defensible marketplaces—insights on network effects and AI (Pete Flint/NFX)
Sharetribe · Pete Flint
Morgan Beller: General Partner at NFX
NFX · Morgan Beller
Legendary $3.5B Startup Journey (Exclusive Interview with NFX's Pete Flint)
Rex Salisbury · Pete Flint
Images
Co-investors · 67
Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.
SV Angel is an investment firm that partners with and supports founders building transformative companies, providing long-term backing and close advisory relationships.
Bling Capital is a seed-stage venture firm that backs entrepreneurs seeking to find and scale product-market fit, supported by its Bling Product Council of over 100 product leaders.
Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.
Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.
Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.
Long Journey Ventures is an early-stage venture firm that backs unconventional, 'magically weird' founders and ideas, positioning itself as a hands-on, community-oriented partner to its companies.
FJ Labs is a venture capital firm specializing in marketplaces and network-effect businesses, having built a large portfolio of marketplace startups with over 30 becoming unicorns.
Spark Capital is a venture capital firm that backs founders across technology and consumer companies; it notably led Twitter's Series B in 2008.
B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.
Tiger Global is a research-driven investment firm that partners with innovative, high-quality companies over the long term across various stages of their lifecycle.
Sapphire Ventures is a venture capital firm founded in 2011 that backs technology companies, offering operating support such as executive talent and customer introductions to its portfolio.
▶55 more co-investors
Liquid VenturesSignalFireFlybridge Capital PartnersFloodgateCreandumOutlander VCClocktower VenturesForgePoint CapitalGreylock PartnersFounder CollectiveUncork CapitalBenchmarkUnknown VenturesUberDCVC (Data Collective)Sound VenturesNorwest Venture PartnersAtomicoPlug and Play VenturesSusa VenturesOffline VenturesSlow VenturesForerunner VenturesLookout VenturesKapor CapitalStride VCAbstractNext47VenrockRidge VenturesWGI GroupArray Ventures Management LlcHaun Ventures8-Bit CapitalDnx VenturesSpider CapitalScience VenturesRecursive VenturesVast VenturesPrelude Venturessuper{set}iHeartMediaSlack FundRichmond Global VenturesCambrian Asset ManagementFortress Investment GroupDocuSignLifeX VenturesSaints CapitalCSC Venture CapitalVSC VenturesUnderline VenturesHillsvenTheVentureCityUnanimous Capital
Firms observed investing alongside NFX, from public investor directories. Shared companies are the overlap with NFX's recorded portfolio.
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