NFX began as a startup accelerator in 2015. As of Jul 31 2018, its 66 startups have collectively raised an estimated $259,905,000, an average of $3,937,954 each. It has since transitioned from an accelerator to a venture capital firm.
The company provides more software to early stage startups so that the founders can have the necessary components to succeed. It also uses techniques with each startup to aid with network growth. The company educates the founders of their invested startups about the methods that successful technology companies use.
Seed and early stage A companies can gain access to investments and the NFX Guild, which is an invite-only network of entrepreneurs. The network is comprised of founders from other NFX-backed companies and other successful founders. Earlier stage companies can also gain access to investments and get six months of hands-on support focusing on the aforementioned areas of product, network effects, and growth.
Associated Investment Funds
Funding Rounds Participated In
70% of Value in Tech is Driven by Network Effects
April 18, 2018
Behind the Houzz Acquisition of IvyMark: 6 Lessons for Founders
February 8, 2018
Does Real Identity Matter for Networks?
August 21, 2019
How It's Built: NEA + NFX on the $15.5 Million Series A in Lyric
April 4, 2018
Network Effects in Biotechnology: Introducing Mammoth Biosciences
April 27, 2018