NFX is a global venture capital firm founded in 2015 that specializes in early-stage investing with offices in Silicon Valley and Israel. The firm is recognized for its strong founder network and product-led approach to company building, providing extensive resources, mentorship, and network effects expertise to help startups scale faster. Since its inception, NFX has invested in nearly 200 companies across multiple sectors, with a significant portion of its portfolio rooted in the Israeli tech ecosystem.
NFX focuses on pre-seed and seed-stage companies developing breakthrough technologies in areas such as AI infrastructure, developer tools, cybersecurity, crypto, fintech, and consumer applications.
The firm invests where network effects and scalable platforms can create enduring market advantages. Approximately 40% of NFX’s investments are in Israeli startups, while the remainder are distributed across the United States and other global innovation hubs.
In October 2025, NFX announced the close of its fourth venture fund totaling $325 million, reinforcing its position as one of the leading early-stage investors globally. Managed jointly from Israel and the United States, Fund IV will target around 50 new startups, with an average initial investment size of $4–5 million per company.
The fund’s thesis emphasizes supporting founders building core technologies in AI infrastructure, including security systems, data management, and developer platforms that enable efficient AI model training and deployment.
It will also continue investing in consumer AI applications, cybersecurity, DevOps, and developer tools, as well as crypto and fintech convergence. This fund builds on the success of NFX’s previous $450 million vehicle raised in 2021, which was among the largest seed-focused funds globally.
The firm’s latest raise comes amid renewed optimism in global venture markets and highlights NFX’s ability to maintain LP confidence despite broader industry headwinds.
Leadership
NFX is co-led by Gigi Levy-Weiss, Sarai Bronfeld, and Omri Drory in Israel, alongside five partners in the United States. The leadership team brings deep operational experience, having founded, scaled, and exited multiple technology companies before transitioning into venture capital. Gigi Levy-Weiss, one of Israel’s most prominent investors, serves as the face of the firm’s regional activity, known for his advocacy of early-stage founders and expertise in scaling global ventures.
Investment Strategy
NFX operates as a seed-focused firm with a hands-on investment strategy. It partners early to help founders design scalable, defensible businesses built on network effects. The firm leverages its proprietary tools and global founder network to accelerate product-market fit and international expansion.
With Fund IV, NFX continues its dual-market strategy: maintaining a strong base in Israel while capitalizing on the firm’s deep roots in Silicon Valley. The approach allows NFX to diversify risk, connect founders across ecosystems, and identify global opportunities for collaboration and growth.
Notable Investments
NFX has backed several leading technology companies, including:
These investments reflect the firm’s diverse thesis across enterprise, fintech, gaming, and blockchain, while demonstrating its ability to identify world-class teams at the earliest stages.
Notable Exits
Notable exits from the NFX portfolio include Playtika’s IPO and Wolt’s acquisition by DoorDash, along with several high-profile transactions in fintech and enterprise software.
The firm’s early involvement in these successes underscores its capacity to spot and support globally scalable companies from inception.
Other
NFX differentiates itself through its operational support and network-driven model, offering founders access to an elite ecosystem of advisors, investors, and peers.
The firm is also active in publishing data and frameworks for startup growth through its online resources and founder community. With 40% of its portfolio in Israel and the rest spread across the U.S. and Europe, NFX provides unique cross-border expertise.
Morgan Beller - General Partner
Omri Drory - General Partner
Pete Flint - General Partner
