VC firm
NFX
Also known as NFX C2 B Advantage, NFX C2-B Advantage, LP, NFX Capital Fund I, LP, NFX Capital Fund II, LP, NFX Capital Fund III, LP, NFX Capital Fund IV, LP, NFX Capital Management, LLC, NFX Capital Opportunity Fund I, LP
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Assets under management
- $2.2BForm ADV private fund GAV, as of 2026-03-30Source (opens in a new tab)
- Latest fund size
- $317MForm ADV gross asset value, as of 2023Source (opens in a new tab)
- Funds
- 15
- Check size
- $100K to $3MSource (opens in a new tab)
- Legal name
- NFX CAPITAL MANAGEMENT, LLC
- nfx.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
NFX is a seed and pre-seed stage venture capital firm founded by repeat entrepreneurs, focused on companies with strong network effects. It invests primarily in the U.S., Israel, Latin America, and Europe, backing founders across AI, Bio, Consumer, Crypto, Cybersecurity, Fintech, Gaming, Insurance, Legal Tech, Marketplaces, PropTech, SaaS, and Space. Portfolio companies join The Guild, NFX's invite-only network of 500+ founders, and gain access to NFX's software products (Signal, BriefLink, NFX Masterclass) and full investment team.
Investment approach
- Thesis
- We fund you first and we fund you fast. Then we help you get it right fast. Then we help you raise your next round fast. And we have your back from there.Source (opens in a new tab)
- Investing status notes
- Home page lists recent 2026 investment news (e.g. "3 Reasons Why NFX Invested in Altro Health", Jun 2026) and current portfolio additions in 'News Around NFX' (e.g. Starcloud, Stoke Space, EvenUp, Centivax, Q-Factor rounds in 2026).
Funds
- NFX SST Advantage I, L.P.
- $4.1MVintage 2026, Main fund, SEC amount sold
- NFX SL Advantage I, L.P.
- Vintage 2026Main fund
- NFX Capital Fund IV, LP
- Vintage 2023Main fund
- NFX C2-B Advantage, LP
- $17.8MVintage 2021, Main fund, SEC amount sold
- NFX Capital Fund III, LP
- Vintage 2021Main fund
- NFX Capital Opportunity Fund I, LP
- Vintage 2021Main fund
- NFX Capital Fund II, LP
- $338MVintage 2019, Main fund, SEC amount sold
- NFX Capital Fund I, LP
- $150MVintage 2017, Main fund, SEC amount sold
- NFX SST ADVANTAGE I, LP
- Main fund
- NFX CAPITAL FUND III ADVANTAGE, LP
- Main fund
- NFX MB-D ADVANTAGE, LP
- Main fund
- NFX FUND I, L.P.
- Main fund
- More funds
- 3 more recorded
SEC registration
- Registered adviser
- NFX CAPITAL MANAGEMENT, LLC
- CRD number
- 301829 (opens in a new tab)
- SEC file number
- 802-115224
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $2.2Bas of 2026-03-30
- Private funds reported
- 12
- Principal office
- SAN FRANCISCO, CA, United States
- SEC CIK
- 1718093, 1774210, 1852882
Locations
- Office
- Herzliya, Iceland
- Office
- Palo Alto, CA
- Office
- San Francisco, CA
Programs
- Podcast
- podcast (opens in a new tab)