# NFDG: portfolio, investments and team > NFDG is a growth equity based in United States. 12 investments on record, 6 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/nfdg (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # NFDG Last cheque observed Jun 2026; 12 cheques on record. Email Deploying now Growth equity Series B Seed Series C Follow NFDG and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnfdg) Deploying now **75%** of best year **6** **cheques in 12 months**, 12 on record Since the last cheque **148** days **00** hrs **00** min **00** sec Median round **$113M** Rounds led **2 of 12** Mostly in **United States, 83%** Pitch NFDG ## NFDG highlights - 01 6 cheques in the last 12 months - 02 Mostly Series B and Seed: 67% of its rounds - 03 Led 2 rounds ## What they do - **Type:** Growth equity (from a list, unverified) - **Cheque size:** Not stated - **Based in:** WILMINGTON, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **12 appearances** - **2026** 5 rounds - **Jun** **[Generalist AI](https://millionrounds.com/company/generalist-ai)** Series B · US · Ventureburn **$400M** With 13 others - **Apr** **[Juicebox](https://millionrounds.com/company/juicebox)** Series B · US · Ventureburn **$80M** With 7 others - **Mar** **[Granola](https://millionrounds.com/company/granola)** Series C · US · TechCrunch **$125M** With 5 others - **Feb** **[MatX](https://millionrounds.com/company/matx)** Series B · US · TechCrunch **$500M** With 7 others - **Feb** **[ElevenLabs](https://millionrounds.com/company/elevenlabs)** Series D · US · TechCrunch **$500M** With 23 others - **2025** 7 rounds - **Nov** **[Function Health](https://millionrounds.com/company/function-health)** Series B · US · TechCrunch **$298M** With 11 others - **Sept** **[Composite](https://millionrounds.com/company/composite)** Seed · US · TechCrunch **$5.6M** *Led* - **May** **[Rivan](https://millionrounds.com/company/rivan)** Seed · GB · Silicon Canals **$13M** With 4 others - **May** **[Granola](https://millionrounds.com/company/granola)** Series B · US · TechCrunch **$43M** *Led* - **Feb** **[Basis](https://millionrounds.com/company/basis)** Series B · US · TechStartups **$100M** With 13 others - **Feb** **[Ivo](https://millionrounds.com/company/ivo)** Series A · US · Startup Daily **$26M** With 6 others - **Jan** **[ElevenLabs](https://millionrounds.com/company/elevenlabs)** Series C · GB · Silicon Canals **$180M** With 17 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** DG **Daniel Gross** Managing Member i Form ADV NF **Nat Friedman** Managing Member i Form ADV We also hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$9.9B** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Ccmco L.L.C. - **SEC number:** CRD 310514 ## The cheque Series B Seed Series C Median round joined **$113M** the round, not its cheque Led 2 of 12 rounds **17%** - **Sole investor:** Never alone - **Last cheque:** Jun 2026 Rounds by stage said on their site - Series B *6* - Seed *2* - Series C *2* - Series A *1* - Series D *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [DG VENTURES](https://millionrounds.com/fund/dg-ventures) 4 - [Spark Capital](https://millionrounds.com/fund/spark-capital) 4 - [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 3 - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 3 - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 3 - [Amjad Masad](https://millionrounds.com/fund/amjad-masad) 2 **Pitching NFDG?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as NFDG. A count of rooms they were both in, not a relationship either has claimed. [**DG VENTURES** Accelerator **4** rounds together](https://millionrounds.com/fund/dg-ventures)[**Spark Capital** VC firm **4** rounds together](https://millionrounds.com/fund/spark-capital)[**Andreessen Horowitz** VC firm **3** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Lightspeed Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Sequoia Capital** VC firm **3** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Amjad Masad** Angel **2** rounds together](https://millionrounds.com/fund/amjad-masad)[**Bond** Growth equity **2** rounds together](https://millionrounds.com/fund/bond)[**Coatue** VC firm **2** rounds together](https://millionrounds.com/fund/coatue-management)[**Deutsche Telekom** Corporate VC **2** rounds together](https://millionrounds.com/fund/deutsche-telekom)[**Menlo Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/menlo-ventures)[**New Enterprise Associates** VC firm **2** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Salesforce Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/salesforce-ventures) ## Recently backed The latest companies NFDG put money into. [**Juicebox** $80M · Apr 2026](https://millionrounds.com/company/juicebox)[**Granola** $125M · Mar 2026](https://millionrounds.com/company/granola)[**MatX** $500M · Feb 2026](https://millionrounds.com/company/matx)[**Function Health** $298M · Nov 2025](https://millionrounds.com/company/function-health)[**Composite** $5.6M · Sept 2025](https://millionrounds.com/company/composite)[**Basis** $100M · Feb 2025](https://millionrounds.com/company/basis) ## Quick answers about NFDG ### What does NFDG invest in? NFDG invests most often at Series B and Seed (67% of the rounds on record). ### How active is NFDG? 12 investments on record, 6 of them in the last 12 months, and it led 2. The most recent was in Jun 2026. ### What has NFDG invested in recently? Its most recent investments on record: Generalist AI (Series B, Jun 2026), Juicebox (Series B, Apr 2026) and Granola (Series C, Mar 2026). ### How big are NFDG's cheques? The median round it joins is $113M. ### Does NFDG lead rounds? Yes: it led 2 of its 12 investments on record (17%). ### Where does NFDG invest? Most of the companies it backs are in the United States (83%) and the United Kingdom (17%). ### Is NFDG investing now? Yes: it is actively investing, with 6 investments in the last 12 months. ### Who does NFDG invest alongside? Most often DG VENTURES (4 rounds together), Spark Capital (4 rounds together) and Andreessen Horowitz (3 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=nfdg) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=nfdg)