About NFX
NFX is a venture capital firm founded in 1998. It is primarily based out of San Francisco, United States. As of Jul 2026, NFX is an active investor, having invested in 305 companies, with 15 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Seed round of Velocity Overall, NFX portfolio has seen 17 unicorns, 10 IPOs and 53 acquisitions including key companies like Lyft, DoorDash and Trulia. A lot of funds co-invest with NFX, with names like Andreessen Horowitz sharing a substantial percentage of its portfolio. NFX has team of 19 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 7 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
NFX's List of Top Investments
NFX has a portfolio of 305 companies, including 17 unicorns. Their most notable investments are in Payouts and Nodal.Their portfolio spans across United States, Israel, United Kingdom and 22 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 29 other sectors, across stages such as Seed, Series A and 7 more. Here is the list of top investments by NFX:1. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Employee Count: 3,913 as on Dec 31, 2025
- Investors: HTIF, Fidelity Investments and 161 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Highlight: Public
2. DoorDash
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers. The platform allows customers to discover local, on-demand delivery or pickup from restaurants, nearby grocery stores. The application is available on the iOS and Android platforms.
Key facts about DoorDash
- Founded Year: 2013
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.5B
- Employee Count: 80,579 as on May 31, 2026
- Investors: Fidelity Investments, Owl Rock and 56 Others
- Latest Funding Round: Series H, Jun 18, 2020, $*****
- Highlight: Public
3. Trulia
Provider of real estate listings, homes for sale, and housing data. It offers tools for buying, renting, and selling properties. The platform provides access to various property types, including houses, apartments, and land. It also offers resources for mortgages, refinancing, and calculating affordability.
Key facts about Trulia
- Founded Year: 2005
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2014
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $32.8M
- Employee Count: 211 as on May 31, 2026
- Investors: Harvest Growth Capital, Hercules Capital and 16 Others
- Latest Funding Round: Post IPO, Dec 12, 2013, $*****
- Highlight: Acquired
4. Life360
Mobile app connecting family members and close friends. It enables users to view the location of their family members on a map, communicate with them, and receive alerts. Users can organise their friends by creating circles. The application offers real-time GPS tracking and driving info of the family members. It also provides a paid premium version with additional features. The app is available for Android and iOS.
Key facts about Life360
- Founded Year: 2008
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $89.7M
- Employee Count: 845 as on May 31, 2026
- Investors: Accel, Notable Capital and 47 Others
- Latest Funding Round: Post IPO, Jun 05, 2025, $*****
- Highlight: Public
5. Thumbtack
App based platform to connect users with local service professionals. The platform allows users to find, compare, and hire professionals for plumbing, house cleaning, landscaping, and photography. It allows customers to describe requirements in detail based on questions asked on the platform and it deliver custom quotes from vetted professionals. It enables users to compare prices, see reviews, and hire a professional online.
Key facts about Thumbtack
- Founded Year: 2008
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $699M
- Employee Count: 1,778 as on May 31, 2026
- Investors: G Squared, Hercules Capital and 23 Others
- Latest Funding Round: Conventional Debt, Jul 31, 2024, $*****
- Highlight: Editors' Pick
NFX's Year-on-Year Investment Trends
NFX has invested in 305 companies over the last 28 years, with an average of 18 new investments annually in the last 10 years. In 2025, it made 26 investments, while as of Jul 2026, it has made 13 investments in this year. Its most recent first time investment was in Velocity and most recent follow-on round was in Aligned.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 7 | 13 |
2025 | 14 | 12 | 26 |
2024 | 23 | 7 | 30 |
2023 | 10 | 13 | 23 |
2022 | 39 | 17 | 56 |
2021 | 27 | 14 | 41 |
2020 | 16 | 5 | 21 |
2019 | 11 | 5 | 16 |
2018 | 12 | 3 | 15 |
2017 | 18 | 1 | 19 |
NFX's Investments by Stage
NFX has made 128 investments in Seed stage with an average round size of $6.41M, 57 investments in Series A stage with an average round size of $13.9M and 17 investments in Series B stage with an average round size of $35.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 128 |
Series A | 57 |
Series B | 17 |
Unattributed | 2 |
Angel | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
NFX's Investments by Sector
NFX has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, High Tech and Blockchain Technology. Notably, it has invested in 273 Tech companies, 180 Enterprise (B2B) companies, 161 Software companies and at least 133 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 94 |
Consumer | 57 |
FinTech | 38 |
High Tech | 36 |
Blockchain Technology | 22 |
Others | 227 |
Note: We have considered here, only first round of investments
NFX's Investments by Geography
NFX has made most investments in United States (139), followed by Israel where it has made 32 investments.Country | No. of Investments |
|---|---|
United States | 139 |
Israel | 32 |
United Kingdom | 11 |
Brazil | 5 |
Canada | 2 |
Others | 21 |
Note: We have considered here, only first round of investments
NFX's recent investments
NFX has made 13 investments in 2026 so far. Velocity and Aligned are the latest among them.Here are the most recent investments by NFX:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 08, 2026 | Israel | Seed | 1642 | ||
Jul 01, 2026 | United States | Series B | 5732 | [+2] | |
Jun 10, 2026 | - | Seed | 5004 | [+3] | |
May 15, 2026 | United States | Seed | 5210 | [+4] | |
May 05, 2026 | United States | Series A | 9397 |
Unicorns in NFX's Portfolio
NFX has 17 unicorns in its portfolio - Blitzy, Star Cloud, Stoke and others. The most recent unicorn in their portfolio is Blitzy. It became a unicorn in 2026, 1 years after NFX first invested in it.Here is a list of unicorns in NFX's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | AI powered IT application development platform | 2023 | Cambridge | Series B | kcpjkgb | ||
64 | Provider of data center solutions for space | 2024 | Redmond | Series A | fotaanq | ||
65 | Manufacturer of reusable launch vehicles | 2019 | Kent | Series D | xhbsotm | ||
69 | Developer of AI platform for personal injury claim management solutions | 2019 | San Francisco | Series E | oxwtijw | ||
81 | Blockchain platform offering Web3 infrastructure solutions | 2021 | Palo Alto | Series B | kspyhbj |
IPOs and Publicly Listed companies in NFX's Portfolio
10 of NFX's portfolio companies have become public. Marqeta got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $14.3B and SimilarWeb got listed on the New York Stock Exchange (NYSE) at marketcap of $1.63B.Here are NFX's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 09, 2021 | - | - | 7172 | |
May 12, 2021 | - | - | 4011 | |
May 12, 2021 | - | - | 4096 | |
Jan 15, 2021 | - | - | 1310 | |
Jan 15, 2021 | - | - | 5291 |
Acquired companies in NFX's Portfolio
53 companies from NFX's portfolio have been acquired. The most recent acquisition was Joinarc in Jul 2026 by Axos Financial for $*****.Here are NFX's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 09, 2026 | Aug 16, 2022 | Series A | 4243 | |
May 21, 2026 | Aug 02, 2019 | Seed | 9847 | |
May 18, 2026 | - | - | 5149 | |
Dec 10, 2025 | Jul 27, 2021 | Series A | 7309 | |
Nov 18, 2025 | Jul 25, 2023 | Seed | 6023 |
Team profile of NFX
NFX has a team of 19 members including 9 Partners and 5 Principals located in United States, Israel and 1 more location. NFX's team sits on the board of 1 company.Here is a list of top team members in NFX:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Israel | - | ||
Partner | Tel Aviv | - | ||
Partner | - | - | ||
Partner | San Francisco | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | Los Angeles | - |
Co-investors of NFX
Over the past 28 years, 1273 investors have co-invested in NFX's portfolio companies. This includes funds and angels.
- Invested before NFX: Y Combinator, FJ Labs and 217 others have invested in rounds before NFX. There are 11 companies where Y Combinator has invested before NFX and 4 companies where FJ Labs has invested before NFX.
- Top Co-investors of NFX: 618 investors entered a company along with NFX. These include investors like Andreessen Horowitz (9 companies).
- Invested after NFX: A total of 436 investors have invested in NFX's portfolio after their investments. Top Investors include Greenspring Associates (4 companies), Tiger Global Management (3 companies) and Pantera Capital (3 companies).
Recent News related to NFX
•
•
F2 Raises $24M to Expand AI for Private CreditVentureburn•Jun 10, 2026•F2, Left Lane, Torch Capital, NFX and 2 others
•
Blitzy Raises $200M at $1.4B Valuation to Deploy Thousands of Coding Agents in ParallelSiliconAngle•May 05, 2026•Blitzy, Northzone, PSG, Battery Ventures and 5 others
•
Pumpkinseed Raises $20 Million Series A to Unlock Biology's Most Valuable Hidden Data LayerEIN Presswire•May 05, 2026•, NFX, Base4 Bioinformatics, and 1 other
•
Gizmo Raises $22M in Series A FundingFinSMEs•Apr 15, 2026•Gizmo, Shine Capital, Ada Ventures, SEEK Investments and 3 others
•
Intel Capital-backed Israeli quantum startup raises $24m seed roundTech in Asia•Apr 07, 2026•Q, Intel Capital, Korea Investment, TPY Capital and 4 others
•
Starcloud Raises $170M Series A at $1.1bn Valuation Led by Benchmark and EQT VenturesBakersfield•Mar 30, 2026•Star Cloud, Benchmark Computer Solutions, EQT, Benchmark and 18 others
•
Rocketlane Raises $60M in Series C FundingFinSMEs•Mar 25, 2026•Rocketlane, Insight Partners, ScaleOps, NFX
•
ImmuneBridge Secures $7.7M to Open Cell Therapy Manufacturing Platform to Biotech PartnersHIT Consultant•Mar 24, 2026•ImmuneBridge, NFX
•
Novig Raises $75M to Replace Traditional Sportsbook with Peer-to-Peer ExchangeAlleyWatch•Mar 06, 2026•Novig, Pantera Capital, Perceptive Ventures, Novig and 5 others
