Investment Thesis
“Founder-led firm that backs network effect businesses and provides proprietary Signal platform analytics and CEO Guild support network.”
Portfolio Companies (4)
ClassDojo
ClassDojo is a school communication app connecting K-8 teachers, students and families, with paid family subscriptions. Privately held, it was valued at $1.25 billion in a Tencent-led round.
Lyft
Lyft runs ride-hailing, bike-share and scooter services in the US and Canada, and in Europe through Freenow. It went public on Nasdaq (LYFT) in March 2019 at a $24.3 billion valuation.
Opendoor
Opendoor is an iBuyer that buys homes directly from sellers and resells them. Founded in 2014 in San Francisco, it went public on Nasdaq as OPEN in December 2020 through a SPAC merger.
Patreon
Patreon runs a membership platform that lets creators sell subscriptions and digital products to fans. Founded in 2013 in San Francisco, it is private and was valued at $4 billion in 2021.
Other Investments (4)
Portfolio Analysis
NFX has built a portfolio of 8 companies across 3 sectors, including Consumer, EdTech, Real Estate. Of these investments, 2 have achieved successful exits through acquisitions or IPOs, demonstrating the firm's track record of backing companies to meaningful outcomes.
The portfolio reflects investments across the IPO, Series D+ stages, showing NFX's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has NFX invested in?
NFX has invested in 8+ companies across 3 different sectors. Of these, 2 have achieved successful exits through acquisitions or IPOs.
What sectors does NFX invest in?
NFX's portfolio spans Consumer, EdTech, Real Estate. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does NFX invest at?
NFX invests across the IPO, Series D+ stages. Their portfolio includes companies at various points in their growth journey.
How many exits has NFX had?
NFX has had 2 portfolio companies achieve exits through acquisitions or IPOs. This track record of exits demonstrates the firm's ability to identify and support companies through successful outcomes.