Pre-seed & seed VC, US

NFX

Venture capital firm · San Francisco · Founded 2017

Quick read

NFX is a pre-seed and seed venture firm founded in 2017, headquartered in San Francisco. It backs founders at day zero, typically writing $1M–$5M checks as the first institutional investor, and has deployed over $1B across more than 300 companies. The firm is built around a core thesis on network effects and pairs capital with proprietary software tools and educational content for founders.

Key facts

Founded
2017
Founders
James Currier, Pete Flint, Stan Chudnovsky, Gigi Levy-Weiss
Employees
129
Sectors
generalist, ai, fintech, healthcare, consumer

Investment thesis

NFX leads pre-seed and seed rounds—often as the first institutional check—in startups where network effects can create durable competitive defensibility. The firm backs founders across AI, fintech, health, consumer, and deep tech, pairing capital with proprietary tools and content to accelerate company building from day zero.

Recent activity

  • Jul 2026product
    Gigi Levy-Weiss published 'How The Fastest AI-First Companies Really Work' and Pete Flint published two pieces — 'The Upgraded Go-to-Market Playbook' and 'The AI Wrapper is Dead: 3 Approaches to Verticalization for Early-Stage Startups' — on the NFX content platform. nfx.com
  • Jun 2026investment
    F2 raised $24M with NFX participating, targeting AI for private credit. tracxn.com
  • Jun 2026press
    James Currier published an NFX investment memo on Altro Health, described as a clinical Shopify for wellness. nfx.com
  • Apr 2026investment
    NFX-backed Starcloud raised a $170M Series A, reaching a $1.1B valuation. nfx.com
  • Apr 2026investment
    NFX-backed Gizmo hit 13M users and raised a $22M Series A. nfx.com
  • Mar 2026investment
    ImmuneBridge secured $7.7M with NFX participating to open a cell therapy manufacturing platform to biotech partners. tracxn.com
  • Mar 2026investment
    NFX-backed Centivax raised $37M to advance a universal flu vaccine. nfx.com
  • Feb 2026press
    Palo Alto Networks acquired NFX-backed Israeli startup Koi Security for $400M. Koi had raised a $38M Series A in Dec 2025. nfx.com
  • Q1 2026press
    NFX portfolio companies posted over $1.25B in announced follow-on capital across Q1 2026, spanning AI infrastructure, space, security, tech bio, fintech, and consumer sectors. il.linkedin.com
  • Feb 2026investment
    Nebius acquired NFX portfolio company Tavily — an agentic web search and data extraction API — for $275 million. il.linkedin.com
  • Oct 2025fundraise
    NFX closed its fourth venture fund at $325 million. Fund IV targets roughly 50 new startups with average initial checks of $4–5 million, focusing on AI infrastructure, cybersecurity, DevOps, developer tools, and crypto/fintech convergence. everythingstartups.com
  • May 2026leadership
    Anastasia Budinskaya was promoted to Principal at NFX Bio, where she focuses on women's health, brain health, and longevity. linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

Sources

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Frequently asked

What is NFX?+

NFX is a pre-seed and seed venture firm founded in 2017, headquartered in San Francisco. It backs founders at day zero, typically writing $1M–$5M checks as the first institutional investor, and has deployed over $1B across more than 300 companies.

Where is NFX headquartered?+

NFX is headquartered in San Francisco, United States.

When was NFX founded?+

NFX was founded in 2017 by James Currier, Pete Flint, Stan Chudnovsky, Gigi Levy-Weiss.

What sectors does NFX invest in?+

NFX focuses on generalist, ai, fintech, healthcare, consumer. They primarily invest in these sectors.

How do I prepare for a meeting with NFX?+

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Generated by briefthecall.com from public web sources. Last updated July 22, 2026. Each claim is linked to its source above.

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