TFX Capital
Venture capitalFort Mill · Pre-Seed–Series B · 16 people tracked
Also known as TASK FORCE X CAPITAL MANAGEMENT, LLC
Investment thesis
TFX Capital backs resilient, service-driven and mission-oriented founding teams at the early stage. Its investment focus centers on startups tackling national security and healthcare challenges. The broader TFX organization pairs capital with advisory support drawn from proven startup best practices, along with foundation resources for mission-driven entrepreneurs.
Source: firm website, verified Aug 25, 2026.
Team · 16 people
from the firm's website & public directoriesWhat they invest in
from 19 of 29 portfolio companiesSaaS ×6Deep Tech ×5Enterprise Software ×5AI & Machine Learning ×4Hardware ×4Space Tech ×4Cybersecurity ×3Defense Tech ×3
HQs:United States×14
Who they back
founder profiles across 14 portfolio companiesFounding team size:solo founder×92 founders×33 founders×14+ founders×1
Investments · 29 tracked
founders shown can be your intro pathBy year:2026 · 42022 · 15 dated
San Diego, US
Anthony Mauriello(General Counsel)Elizabeth Nation(CFO)Tyrone Marquis Smith(CEO)Michael Bottenberg(President of Curriculum Development)
Board seatBrandon Shelton· per SEC Form D · $2M raise · filed Nov 2022
Replacing passwords with biometric authentication
Frances Zelazny(Founder)in
Co-investorsAperture Venture CapitalFINTOP CapitalReflexive CapitalSwitch VenturesTarget GlobalConnecticut Innovations+1 more
Apeiron Labs develops autonomous underwater vehicles and ocean technology for marine applications.
Climate TechDeep TechIoTRoboticsCambridge, US
Ravi Pappu(CEO / Board Member)
BoardSanjeev Krishnan(Director)Jonathan Rosen(Director)David Douglas(Director)Kyle Teamey(Director)Mark Abbott(Director)
Co-investorsBay Bridge Ventures ClimateCoalitionS2G InvestmentsRA Capital
Argospace provides launch and transportation services for spacecraft and satellites beyond low Earth orbit (LEO), including cislunar and interplanetary missions.
Deep TechHardwareSpace TechEl Segundo, US
Ryan Carlisle(Founder)inKirby Carlisle(Founder)inRobert Carlisle(Founder)in
Co-investorsAIR CapitalCreative Destruction Lab (CDL)Crosslink CapitalHelios CapitalType One VenturesBlumberg Capital+1 more
Co-investorsCity Light
Automated risk assessment platform for global invoice analysis and financial trust.
FruitScout applies industrial process instrumentation to agriculture by providing machine vision systems and AI-powered planning tools for agave growers.
AgTechAI & Machine Learning
Matt King(Founder)in
Co-investorsBarrel VenturesBowery CapitalWatchfire Ventures
GoodUnited is a platform that helps nonprofits convert social media engagement into qualified leads and donations through AI-assisted 1:1 messaging and built-in giving tools.
Impact & Social GoodSaaSSocialCharleston, US
Nick Black(Executive Officer, Director, Promoter)Jeremy Berman(Executive Officer, Director)
BoardWendy Phillips(Director)Brad Braddock(Director)Charles Cumbaa(Director)
Co-investorsStout Street Capital
Impact Capital Managers is a membership association for private capital impact investing fund managers, providing impact measurement resources, talent and leadership development, events, and research.
Impact & Social Good
Co-investorsArborview CapitalRebalance Capital Ventures
LeakSignal provides data governance and protection solutions for securing sensitive data in motion, including classification, policy enforcement, and compliance monitoring across AI applications, APIs, and endpoints.
AI & Machine LearningCybersecurityData & Infrastructure
BoardKunal Anand(Chief Innovation Officer (at F5); formerly co-founder of Prevoty)
Co-investorsCyber Mentor FundVela PartnersShasta Ventures
Co-investorsFirstMile Ventures
Marani develops maternity care technology to improve access to prenatal and obstetric care for expectant mothers and providers.
Digital HealthFemTechHealthtechMedical Devices
Co-investorsAdvection Growth CapitalGolden Seeds
Movi Healthcare provides transportation logistics and scheduling solutions for hospitals and health systems to improve patient flow and reduce bed delays.
Enterprise SoftwareHealthtechLogistics & Supply ChainSaaS
Chris Hamilton(Chief Executive Officer)David Dabney(Chief Technology Officer)
Developing the world's first reusable space debris removal satellite for the in-orbit servicing industry.
Co-investorsVenture Catalyst Space
Portal Space Systems develops advanced spacecraft, including its flagship Supernova vehicle, designed for high delta-v maneuverability and multi-orbit operations in cislunar space.
Deep TechHardwareSpace TechWashington, US
Jeffery Thornburg(Executive Officer, Director, Promoter)Ian Vorbach(Director)inPrashaanth Ravindran(Director)in
BoardRayfe Gaspar-Asaoka(Director)in
Co-investorsAlleyCorpBooz Allen VenturesFUSEGeodesic CapitalIceNineTrajectory Ventures+5 more
ProctorFree provides online proctoring software for higher education institutions and professional organizations conducting remote exams.
EdTechHuntersville, US
William Brad Davis(Executive Officer, Director)Velvet Nelston(Executive Officer, Director)Michael Murphy(Executive Officer, Director)Mike Murphy, MBA(Founder)in
BoardJonathan Boggiano(Director)Mark McDowell(Director)
Co-investorsIDEA NCKinetic Ventures, L.L.C.
Rebel Space Tech develops spectrum intelligence software that monitors, detects, and classifies RF interference and electronic warfare threats targeting satellite and teleport operators.
AI & Machine LearningDefense TechSpace Tech
Carrie Marshall(Founder)in
Co-investorsGaruda VenturesMana Ventures
Rhumbix provides digital timekeeping and labor tracking software designed for construction teams.
Construction TechFuture of WorkSaaSSan Francisco, US
Drew DeWalt(COO & Co-Founder)Zach (Zachary) Scheel(CEO & Co-Founder)Zach Scheel(CEO & Co-Founder)Rob Blau(Vice President of Engineering)Guy Skillett(VP Construction Innovation)Michael Myers(Director of Data Science)
Co-investorsBlackhorn VenturesBrick Mortar VenturesGlynn Capital ManagementGreylock PartnersGrit VenturesKleiner Perkins+1 more
Sayari provides forensic investigation services using corporate records, trade data, and network analysis to uncover hidden risk networks across sanctions evasion, financial crime, counternarcotics, and adversary operations for law enforcement and government clients.
AI & Machine LearningEnterprise SoftwareFintechGovTechLegalTechWashington, US
Farley Mesko(Executive Officer)inEric Rhoades(Executive Officer)Benjamin Power(Executive Officer)inDavid Asher(Executive Officer)
BoardMike Zappert(Director)Benjamin Cukier(Director)
Co-investorsIn-Q-TelCentana Growth PartnersIronGate Capital AdvisorsJoule VenturesLavrock VenturesMissionOG+3 more
SkyFi operates a platform that provides access to satellite imagery and Earth observation analytics from multiple providers through a single, user-friendly interface with transparent pricing.
Data & InfrastructureDeep TechDefense TechSaaS
Luke Fischer(Founder)in
Co-investorsBalerion Space VenturesBeyond Earth VenturesBuoyant Ventures Management, LlcCapital FactoryIronGate Capital AdvisorsJ2 Ventures+2 more
Spiffy operates a mobile automotive service platform, providing dealers and OEMs with software, van upfits, connected diagnostic devices, and training to launch and scale mobile car service operations.
HardwareMobility & TransportationRetail TechSaaSSan Marcos, US
Karl Murphy(CEO & Co-founder)in
Co-investorsElevate Innovation PartnersFlucas VenturesWolfpack Investor NetworkBull City Venture PartnersEdison PartnersGaingels+6 more
Enterprise SoftwareGovTechSaaSSeattle, US
Co-investorsGeekdomTappan Hill VenturesTechstars
Reston, US
Mark L Rockefeller(Executive Officer, Director)Michael Konson(Executive Officer, Director)Benjamin Shiflet(Executive Officer, Director)Benjamin W. Shiflet(Executive Officer, Director)Michael M. Konson(Executive Officer, Director)Mark L. Rockefeller(Executive Officer, Director)
Co-investorsMotley Fool VenturesFenway Summer Ventures
ThinkOrbital develops scalable, pressurizable space infrastructure platforms for cislunar space applications including satellite servicing, in-space manufacturing, storage, and refueling.
Deep TechDefense TechHardwareSpace TechBoulder, US
Lee Rosen(Founder)in
Co-investors7percent VenturesAurelia FoundryPathbreaker Ventures
Tidal Cyber develops tools and services that help enterprises adopt MITRE ATT&CK framework for threat-informed defense.
CybersecurityEnterprise Software
Rick Gordonin
Co-investorsAccess Venture PartnersBright Pixel CapitalDreamit VenturesGlasswing VenturesStoneMill VenturesAccess Ventures+8 more
Threat intelligence platform organizing critical security intelligence against MITRE ATT&CK and calculating risk reductions.
Co-investorsGlasswing VenturesGrotech Ventures
Income-based student financing platform helping higher education institutions offer flexible and personalized financing models.
Co-investorsRoute 66 Ventures
Xona provides a secure access platform designed to strengthen and simplify operations technology (OT) and industrial control systems (ICS) across critical infrastructure sectors.
CybersecurityEnterprise SoftwareIoTAnnapolis, US
Bill Moore(CEO)inRaed Albuliwi(Director)in
Co-investorsDataTribeEnergy Impact Partners
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.
Exits · 1
IPOs and acquisitions across the tracked portfolioStabilitasacq. by OnSolve (now Crisis24)
Portfolio news
latest coverage across their companiesArgo Space · fortuneindia.com · Jul 17, 2026
Anonybit · biometricupdate.com · Jun 2, 2026
Tidal · esgtoday.com · May 29, 2026
Rhumbix · bricks-bytes.com · Mar 26, 2026
Apeiron Labs · mgmtboston.com · Feb 11, 2026
SkyFi · satellitetoday.com · Jan 15, 2026
Think Orbital · spacenews.com · Jan 14, 2026
Frequently asked questions
- How many investments has TFX Capital made?
- TFX Capital has 29 tracked investments, 2 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
- What stage does TFX Capital invest at?
- TFX Capital invests at the Pre-Seed, Seed, Series A, Series B stages.
- What is TFX Capital's typical check size?
- TFX Capital typically writes checks of $250K – $750K.
- What sectors does TFX Capital focus on?
- TFX Capital focuses on AI & Machine Learning, Cybersecurity, Defense Tech, Digital Health, Enterprise Software, Healthtech, SaaS, Sector Agnostic, Space Tech.
- Where is TFX Capital located?
- TFX Capital is headquartered in Fort Mill, US.
- Who does TFX Capital co-invest with?
- TFX Capital most often shares deals with Glasswing Ventures, IronGate Capital Advisors, Crosslink Capital, among 77 tracked co-investors.
Media · Podcasts & interviews
featuring the teamBrandon Shelton - TFX Capital Update, Removing the Barriers to Capital for Veterans
VeteranCrowd · Brandon Shelton
Images
Co-investors · 6
Greylock Partners is an early-stage venture capital firm that partners with founders building companies from inception. Its partners make only one or two new investments per year to focus deeply on each partnership.
Bowery Capital is an early-stage venture firm focused on B2B software companies, providing hands-on go-to-market, talent, and business development support to founders.
Blackhorn Ventures is a venture capital firm backing startups that apply data, AI, and robotics to major industries considered vital to national security and economic stability.
In-Q-Tel (IQT) is a not-for-profit strategic investment platform that has operated for over 25 years, backing frontier technology companies to advance the national security and prosperity of the U.S. and its allies.
Brick & Mortar Ventures is a venture capital firm founded in 2015 that invests in early-stage startups building technology for the architecture, engineering, construction (AEC) and facilities management industries.
SaaS Ventures is an early-stage venture capital firm that partners with founders building enterprise software, AI applications, and cybersecurity companies.
Firms observed investing alongside TFX Capital, from public investor directories. Shared companies are the overlap with TFX Capital's recorded portfolio.
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