
NFX focuses on pre‑seed and seed‑stage startups that can create strong network effects. It invests across AI, biotech, fintech, gaming, aerospace, blockchain and cybersecurity, seeking visionary founders with large market opportunities.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
EuropeIsraelLatin AmericaUnited States
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
United States of America
61.4%Israel
25.0%Canada
2.3%Netherlands
2.3%Venezuela
2.3%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
Pre-Seed → Seed
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
Fund IV
Vintage 2025 • $325.0M
Fund III
Vintage 2021 • $450.0M
Check sizes
Min: $1.0M
Typical: $2.5M
Max: $5.0M