Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / NFX Capital Management, LLC

NFX Capital Management, LLC

Multi-stage venture firmSan Francisco, CAsoundcloud.comSEC venture capital fund adviserfundraising evidenceone firm, 2 filing advisers

This firm files as 2 advisers on soundcloud.com: TF Investments Ltda.. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

Discover and play over 320 million music tracks. Join the world’s largest online community of artists, bands, DJs, and audio creators.

both early and growth/opportunity families, reported GAV $2,272M

Importance
42
elevated
Active deployment
64
high
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
23
moderate
Identity and regulatory footprint
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
32 PAGE STREET, San Francisco, CA, 94102adviserinfo.sec.gov
Business phone
206-276-2942adviserinfo.sec.gov
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 30, 2026
Private funds reported
12 (12 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$2.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
206-276-2942adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
13 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
NFX SST Advantage I, L.P.Fund2026 form d first saleNewly closedunknownunknown$4.1M
of $4.1M
Feb 26, 2026
NFX SL Advantage I, L.P.Fund2026 form d first saleFundraisingunknownunknown$0
of $14.6M
Mar 3, 2026
NFX Capital Fund IV, LPFund2024 adv first reportedEarly deployment$330M
Mar 28, 2024
105$0
of $450M
Mar 22, 2023
NFX Capital Opportunity Fund I, LPOpportunity fund2023 adv first reportedActive deployment$139M
Mar 28, 2024
83$0
of $150M
Dec 9, 2021
NFX Sst-A Advantage, LPFeeder or parallel2023 adv first reportedActive deployment$1.3M
Mar 28, 2024
6unknownunknown
NFX Capital Fund III, LPFund2022 adv first reportedActive deployment$474M
Mar 28, 2024
129$0
of $450M
Jun 29, 2021
NFX Mb-D Advantage, LPFund2022 adv first reportedActive deployment$10.3M
Mar 28, 2024
16unknownunknown
NFX Capital Fund III Advantage, LPFund2022 adv first reportedActive deployment$1.7M
Mar 28, 2024
15unknownunknown
NFX C2-B Advantage, LPFeeder or parallel2021 form d first saleMature$13.6M
Mar 28, 2024
16$17.8M
of $17.8M
Apr 14, 2021
NFX Capital Fund II, LPFund2019 form d first saleMature$547M
Mar 28, 2024
84$338M
of $338M
Jul 11, 2022
NFX Capital Management, LLCFund2017 form d first saleHarvestunknownunknown$150M
of $150M
Nov 27, 2017
NFX Capital Fund I, L.P.FundunknownUnknown$661M
Mar 28, 2024
85unknownunknown
NFX Fund I, L.P.FundunknownUnknown$93.6M
Mar 28, 2024
10unknownunknown
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
7 current, 0 departed
Investments on record
1 edges, 1 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Enableportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
1 relationships from shared deals, counted for the whole firm
Limited partners
10 disclosed
Timeline
15 dated events
  1. Apr 1, 2025
    Matt Foxworthy joined Schedule A of NFX Capital Management, LLC as Chief Financial Officer
  2. May 1, 2024
    Christopher Nichols Travers joined Schedule A of NFX Capital Management, LLC as Chief Operating Officer
  3. Mar 28, 2024
    NFX Capital Fund IV, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $330,000,000
  4. Mar 23, 2023
    NFX Sst-A Advantage, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $1,224,100
  5. Mar 23, 2023
    NFX Capital Opportunity Fund I, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $61,351,162
  6. Mar 31, 2022
    NFX Mb-D Advantage, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $13,795,453
  7. Mar 31, 2022
    NFX Capital Fund III Advantage, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $64,326,736
  8. Mar 31, 2022
    NFX Capital Fund III, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $64,326,736
  9. Mar 31, 2022
    NFX C2-B Advantage, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $9,218,378
  10. Mar 24, 2020
    NFX Capital Fund II, LP first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $13,850,987
  11. Apr 3, 2019
    NFX Capital Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
  12. Apr 3, 2019
    NFX Capital Fund I, L.P. first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $56,975,917
  13. Apr 3, 2019
    NFX Fund I, L.P. first reported on Form ADV by NFX Capital Management, LLC (Venture Capital Fund), GAV $22,922,726
  14. Nov 27, 2017
    NFX Capital Fund I, LP filed Form D/A: $150,000,000 sold of $150,000,000, Venture Capital Fund
    Form D filedFundraisingFactSEC EDGAR Form D data sets (quarterly)
  15. Nov 16, 2017
    NYSCRF commits $10,000,000 to NFX Capital Fund I, L. P. (through NYSCRF-Hamilton Lane Israel Fund, L. P.), closed 2017-11-16, new relationship
Classification history
  1. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%, cls-1)
    both early and growth/opportunity families, reported GAV $2,272M
Evidence
60 observations from 5 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_exemption,vc_funds_reportedMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedventure_capital_fund_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC adviser typeexempt_reporting_adviserMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2019-04-03Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2026-03-30Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2024-03-28Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
SEC statusERA - ActiveMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2019-04-03Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture share of reported funds1Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone206-276-2942Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone206-276-2942Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://soundcloud.com/contact
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionDiscover and play over 320 million music tracks. Join the world’s largest online community of artists, bands, DJs, and audio creators.
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionDiscover and play over 320 million music tracks. Join the world’s largest online community of artists, bands, DJs, and audio creators.
meta description
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Entity typeLimited PartnershipNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Form D fund typeVenture Capital FundNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Form D industry groupPooled Investment FundNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
AmendmenttrueNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Revenue range (Form D)Not ApplicableNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
HeadquartersSan Francisco, CAMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
HeadquartersSan Francisco, CAMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
IncorporatedwithinFiveYearsNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
JurisdictionDELAWARENov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Amount sold (Form D)150,000,000Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Offering amount (Form D)150,000,000Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Exemptions06b, 3C, 3C.7Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
First sale2017-10-04Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Investors (Form D)81Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Minimum investment (Form D)0Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Securities offeredpooledNov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Office address32 PAGE STREET, San Francisco, CA, 94102Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Office address32 PAGE STREET, San Francisco, CA, 94102Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address604 MISSION STREET, SUITE 200, SAN FRANCISCO, CA, 94105Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)
Legal formLimited Liability CompanyMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Legal formLimited Liability CompanyMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://soundcloud.com/portfolio
5 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://soundcloud.com/portfolio
5 entries read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported12Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private funds reported10Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$2.2BMar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$2.3BMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Schedule a diffsadiff-1Mar 30, 2026FactIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
Team pagehttps://soundcloud.com/team
0 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://soundcloud.com/team
0 name/title pairs read
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported12Mar 30, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Venture funds reported10Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://soundcloud.com/nfxpodcastMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleStream and listen to music online for free with SoundCloud
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleStream and listen to music online for free with SoundCloud
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Year of incorporation2017Nov 27, 2017FactSEC EDGAR Form D data sets (quarterly)