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NFX

Seed and Series A venture capital firm · San Francisco

NFX is a Seed and Series A venture capital firm based in San Francisco that typically writes $250K–$2M checks in AI/ML, Biotech and Healthcare. DryPowder has no SEC Form D on file for NFX as of June 3, 2026. Partners at NFX include Anna Piñol (Partner) and Daniel Museles (Principal).

Updated · Sources: fund website

Check if you match NFX
Typical check
$250K–$2M
Stages
Seed, Series A
Headquarters
San Francisco

Overview

NFX at a glance

Stage
Seed, Series A
Check size
$250K–$2M
Sectors
AI/ML, Biotech, Healthcare, Legal Tech, SaaS, Space/Infrastructure, Logistics
Headquarters
San Francisco
Cold inbound
Accepted
Website
nfx.com

Investment thesis

NFX identifies and backs founders building companies with network effects. The fund emphasizes software development, founder support through content/tools, and emerging technologies including AI, biotech, and infrastructure.

Stated on nfx.comWEBSITE

What sets NFX apart

  • Content-driven founder engagement (441+ posts, 321K newsletter subscribers)
  • Proprietary founder software (Signal fundraising network, Brieflink, Masterclass)
  • NFX Guild network of 400+ portfolio founders
  • Published investment memos and founder education

Recent investments

DryPowder has tracked these recent investments from NFX: Blitzy, Centivax, Q-Factor and Gizmo.

What the portfolio shows

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Portfolio 11

Backed: Mammoth Bio, Incredible Health, NuvoCargo + 8 more

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Partners

6 partners at NFX

Similar funds

Funds like NFX

Investor lists that include NFX

Seed investorsSeries A investorsSeed AI investorsSeed Biotech investorsSeries A AI investorsSeries A Biotech investorsVCs in San FranciscoSeed investors in San Francisco

FAQ

Questions about NFX

What does NFX invest in?

NFX is a Seed, Series A stage AI/ML, Biotech, Healthcare, Legal Tech, SaaS, Space/Infrastructure, Logistics investor, typically writing $250K – $2M checks, primarily investing in US. Their thesis: NFX identifies and backs founders building companies with network effects. The fund emphasizes software development, founder support through content/tools, and emerging technologies including AI, biotech, and infrastructure.

What check size does NFX write?

NFX typically writes $250K – $2M checks at the Seed, Series A stage in AI/ML, Biotech, Healthcare, Legal Tech, SaaS, Space/Infrastructure, Logistics.

What makes NFX different from other funds?

NFX stands out on 4 points: Content-driven founder engagement (441+ posts, 321K newsletter subscribers); Proprietary founder software (Signal fundraising network, Brieflink, Masterclass); NFX Guild network of 400+ portfolio founders; Published investment memos and founder education.

What has NFX invested in recently?

Recent investments DryPowder has tracked from NFX include Blitzy, Centivax, Q-Factor, Gizmo.

What other funds are similar to NFX?

Funds with an overlapping stage and sector focus include True Ventures, Inception Studio Capital, Alpha Edison.

How do I reach NFX?

NFX accepts cold inbound, so a warm introduction is not required.

Sources

Updated