# NFX: portfolio, investments and team

> NFX is a vc firm based in United States. 191 investments on record, 34 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/nfx (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# NFX

Last cheque observed Sep 2026; 191 cheques on record.

Email

Deploying now New fund $4.1M, Mar 2026 VC firm

Seed Series A VR Mrna Lifesciences

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Deploying now

**81%** of best year **34** **cheques in 12 months**, 191 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **7 of 191** Sole investor **17 rounds** Exits **1 from the portfolio** Mostly in **United States, 78%**

Pitch NFX

## NFX highlights

- 01 34 cheques in the last 12 months
- 02 Mostly Seed and Series A: 66% of its rounds
- 03 Sole investor in 17 rounds, median $5.4M
- 04 1 exits from the portfolio

## What they do

> We are a VC firm investing in pre-seed and seed stage startups. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Up to $5.0M as they say
- **Stages:** Seed Series A
- **Sectors:** VR Mrna Lifesciences
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **191 appearances**

- **2026** 28 rounds
- **Sept** **[F2 AI](https://millionrounds.com/company/f2-ai)** Growth · US **$5.0M** With 4 others
- **Sept** **[Latitude](https://millionrounds.com/company/latitude)** Series A · FR **$35M** With 3 others
- **Sept** **[TwoStep Therapeutics](https://millionrounds.com/company/twostep-therapeutics)** Series A · US **$63M** With 2 others
- **Sept** **[Talus Bio](https://millionrounds.com/company/talus-bio)** Seed · US **$11M** With 4 others
- **Aug** **[Alice](https://millionrounds.com/company/alice)** US · TechStartups **$140M** With 14 others
- **Aug** **[Starcloud](https://millionrounds.com/company/starcloud)** Series A · US · Monte Carlo Capital **$250M** With 14 others
- **Aug** **[Velocity](https://millionrounds.com/company/velocity)** Series A · GB · Ventureburn **$38M** With 8 others
- **Jul** **Aligned** Series B · IL · Ventureburn **$60M** With 3 others
- **Jun** **[F2](https://millionrounds.com/company/f2)** Seed · US · Ventureburn **$14M** With 4 others
- **Jun** **[F2 AI](https://millionrounds.com/company/f2-ai)** Seed · US · AlleyWatch **$14M** With 4 others
- **May** **[Blitzy](https://millionrounds.com/company/blitzy)** Growth · US · Crunchbase News **$200M** With 12 others
- **May** **[CopilotKit](https://millionrounds.com/company/copilotkit)** Series A · US · TechCrunch **$27M** *Led*
- **May** **[Pumpkinseed Technologies](https://millionrounds.com/company/pumpkinseed-technologies)** Series A · US **$20M** With 1 other
- **Apr** **[Gizmo](https://millionrounds.com/company/gizmo)** Series A · US · TechCrunch **$22M** With 5 others
- **Apr** **[Starfish Space](https://millionrounds.com/company/starfish-space)** Series B · US · Ventureburn **$100M** With 14 others
- **Apr** **[Starcloud](https://millionrounds.com/company/starcloud)** Series A · US · Monte Carlo Capital **$170M** With 9 others
- **Apr** **[TradeForm](https://millionrounds.com/company/tradeform)** Pre-seed · US **$2.0M** With 2 others
- **Mar** **[OpenFX](https://millionrounds.com/company/openfx)** Series A · Ventureburn **$94M** With 7 others
- **Mar** **[Centivax, Inc.](https://millionrounds.com/company/centivax-inc)** Series B · US · BOLD Capital Partners **$37M** With 9 others
- **Mar** **[ScaleOps](https://millionrounds.com/company/scaleops)** Series C · US · TechCrunch **$130M** With 4 others
- **Mar** **[Rexi](https://millionrounds.com/company/rexi)** Pre-seed · AR · Contxto **$1.2M** With 5 others
- **Mar** **[Candex](https://millionrounds.com/company/candex)** Series C · US **$7.0M** With 5 others
- **Mar** **[ImmuneBridge](https://millionrounds.com/company/immunebridge)** Seed · US **$7.7M** With 4 others
- **Mar** **[Guild.ai](https://millionrounds.com/company/guild-ai)** Series A · US **$30M** With 4 others
- **Feb** **[EFEX](https://millionrounds.com/company/efex)** Seed · MX · Contxto **$8.0M** With 5 others
- **Feb** **[Centivax](https://millionrounds.com/company/centivax)** Grant · US **$26M** With 2 others
- **Feb** **[Levl](https://millionrounds.com/company/levl)** Seed · US **$7.0M** With 1 other
- **Jan** **[TwoStep Therapeutics](https://millionrounds.com/company/twostep-therapeutics)** Series A · US **$21M** With 2 others
- **2025** 36 rounds
- **Dec** **[On Me](https://millionrounds.com/company/on-me)** Seed · US · TechCrunch **$6.0M** *Led*
- **Dec** **[Shapes](https://millionrounds.com/company/shapes)** Series A · US **$15M** Sole investor
- **Dec** **[Known](https://millionrounds.com/company/known)** Seed · US **$9.7M** With 2 others
- **Nov** **[Peek](https://millionrounds.com/company/peek)** Series D · US · Ventureburn **$70M** With 8 others
- **Nov** **[Blitzy](https://millionrounds.com/company/blitzy)** Venture · US **Undisclosed** With 4 others
- **Nov** **[Palo AI](https://millionrounds.com/company/palo-ai)** Seed · US **$3.8M** With 1 other
- **Oct** **[Ginia](https://millionrounds.com/company/ginia)** Pre-seed · MX · LatamList **$1.7M** With 2 others
- **Oct** **[Impala AI](https://millionrounds.com/company/impala-ai)** Seed **$11M** With 1 other
- **Oct** **[PVML](https://millionrounds.com/company/pvml)** Venture **Undisclosed** With 2 others
- **Oct** **[Cyclana Bio](https://millionrounds.com/company/cyclana-bio)** Pre-seed · GB **$6.7M** Sole investor
- **Sept** **[Ume](https://millionrounds.com/company/ume)** Series B · BR · LatamList **$22M** With 6 others
- **Sept** **[Koi](https://millionrounds.com/company/koi)** Series A **$38M** With 2 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 **6 named**

GL **Gigi Levy-Weiss** Managing Member of the General Partner i Filing they signed

JC **James Currier** Managing Member of the General Partner i Filing they signed

MB **Morgan Beller** Managing Member of the General Partner i Filing they signed

OA **Omri Amirav-Drory** Managing Member of the GP of the GP i Filing they signed

OA **Omri Amiray-Drory** Managing Member of the GP of the GP i Filing they signed

PF **Pete Flint** Managing Member of the General Partner i Filing they signed

We also hold **20** 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

**$2.2B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** NFX Capital Management, LLC
- **SEC number:** CRD 301829

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

Brieflink

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[fitmob](https://millionrounds.com/company/fitmob)** Bought by ClassPass **Undisclosed** Apr 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$4.1M**

raised in Mar 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$10M** the round, not its cheque Alone, median **$5.4M**

Led 7 of 191 rounds **4%**

- **Said size:** Up to $5.0M
- **Sole investor:** 17 rounds
- **Last cheque:** Sept 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Seed said *66*
- Series A said *47*
- Venture *26*
- Series B *24*
- Pre-seed *9*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 21
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 11
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 10
- [FJ Labs](https://millionrounds.com/fund/fj-labs) 9
- [Coinbase Ventures](https://millionrounds.com/fund/coinbase) 6
- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) 6

**Pitching NFX?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as NFX. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **21** rounds together](https://millionrounds.com/fund/y-combinator)[**Andreessen Horowitz** VC firm **11** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Alumni Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**FJ Labs** VC firm **9** rounds together](https://millionrounds.com/fund/fj-labs)[**Coinbase Ventures** Corporate VC **6** rounds together](https://millionrounds.com/fund/coinbase)[**Insight Partners** VC firm **6** rounds together](https://millionrounds.com/fund/insight-venture-partners)[**Lightspeed Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Liquid 2 Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/liquid-2-ventures)[**Precursor Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/precursor-ventures)[**Village Global** VC firm **6** rounds together](https://millionrounds.com/fund/village-global-2)[**Bain Capital Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/bain-capital-ventures)[**Flybridge** VC firm **5** rounds together](https://millionrounds.com/fund/flybridge)

## Recently backed

The latest companies NFX put money into.

[**Latitude** $35M · Sept 2026](https://millionrounds.com/company/latitude)[**TwoStep Therapeutics** $63M · Sept 2026](https://millionrounds.com/company/twostep-therapeutics)[**Talus Bio** $11M · Sept 2026](https://millionrounds.com/company/talus-bio)[**Starcloud** $250M · Aug 2026](https://millionrounds.com/company/starcloud)[**Velocity** $38M · Aug 2026](https://millionrounds.com/company/velocity)[**F2** $14M · Jun 2026](https://millionrounds.com/company/f2)

## Quick answers about NFX

### What does NFX invest in?

NFX invests most often at Seed and Series A (66% of the rounds on record), in sectors such as VR, Mrna and Lifesciences.

### How active is NFX?

191 investments on record, 34 of them in the last 12 months, and it led 7. The most recent was in Sept 2026.

### What has NFX invested in recently?

Its most recent investments on record: F2 AI (Growth, Sept 2026), Latitude (Series A, Sept 2026) and TwoStep Therapeutics (Series A, Sept 2026).

### How big are NFX's cheques?

The median round it joins is $10M.

### Does NFX lead rounds?

Sometimes: it led 7 of its 191 investments on record (4%).

### Where does NFX invest?

Most of the companies it backs are in the United States (78%), the United Kingdom (6%) and Mexico (6%).

### Is NFX investing now?

Yes: it is actively investing, with 34 investments in the last 12 months.

### Who does NFX invest alongside?

Most often Y Combinator (21 rounds together), Andreessen Horowitz (11 rounds together) and Alumni Ventures (10 rounds together).

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