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NFDG

San Francisco, CA, 94101, United States

Overview

Venture capital firm investing in innovative startups.

Deals · 12mo

14

Links

Website

Stage focus

Multi-stage

Geographic focus

United Kingdom
United States

Sector focus

—

Investment portfolio

24rounds
NAMEDATESIZE
Generalist AI
Jun 2026Participated
$400 MSeries B
Westmag
Jun 2026Participated
$11 MSeed
NewLimit
Jun 2026Participated
$435 MSeries C
Generalist AI
Apr 2026Participated
$140 MSeries A
Granola
Mar 2026Participated
$125 MSeries C
XBOW
Mar 2026Participated
$120 MSeries C
Juicebox
Mar 2026Participated
$80 MSeries B
Basis
Mar 2026Participated
$100 MSeries B
MatX
Feb 2026Participated
$500 MSeries B
ElevenLabs
Feb 2026Participated
$500 MSeries D
Medra
Dec 2025Participated
$52 MSeries A
Method Security
Nov 2025Participated
$26 MSeries A
Generalist AI
Jun 2026Participated
$400 MSeries B
Westmag
Jun 2026Participated
$11 MSeed
NewLimit
Jun 2026Participated
$435 MSeries C
Generalist AI
Apr 2026Participated
$140 MSeries A
Granola
Mar 2026Participated
$125 MSeries C
XBOW
Mar 2026Participated
$120 MSeries C
Juicebox
Mar 2026Participated
$80 MSeries B
Basis
Mar 2026Participated
$100 MSeries B
MatX
Feb 2026Participated
$500 MSeries B
ElevenLabs
Feb 2026Participated
$500 MSeries D
Medra
Dec 2025Participated
$52 MSeries A
Method Security
Nov 2025Participated
$26 MSeries A
24
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Insights

Time horizon

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Deal Distribution

NFDG: 24 funding rounds are recorded in the selected participation categories.All available history.
NFDG: 24 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed31
Series A05
Series B07
Series C+05
Other Equity03

Monthly Deal Activity

NFDG: 24 deals are recorded across 26 months.All available history.
NFDG: 24 deals are recorded across 26 months. All available history
MonthDeals
Sep '241
Oct '241
Nov '240
Dec '241
Jan '251
Feb '251
Mar '250
Apr '250
May '252
Jun '250
Jul '251
Aug '251
Sep '251
Oct '250
Nov '253
Dec '251
Jan '260
Feb '262
Mar '264
Apr '261
May '260
Jun '263
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

NFDG: AI & Machine Learning is the largest displayed sector by deal count (16 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

NFDG: AI & Machine Learning is the largest displayed sector by deal count (16 deals). All available history
SectorDeals
AI & Machine Learning16
Enterprise Software8
Hardware & Robotics5
Health & Life Sciences5
Professional Services5
Cybersecurity & Privacy4
Space & Frontier Tech4
Data, Analytics & IT3
Manufacturing3
Networks, Cloud & Communication2
Media & Entertainment2
Developer Tools2
Clean Energy & Sustainability1
Fintech1

Deal Size Distribution

NFDG: 24 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

NFDG: 24 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M2
$10M-$25M4
$25M-$50M3
$50M-$100M2
$100M-$250M6
$250M-$500M4
$500M-$1B2
$1B+1

Deals By Geography

NFDG: United States has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

NFDG: United States has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
United States18
Europe4
Australia1
94010-42091
NFDG: 20 co-investors are shown, with Andreessen Horowitz sharing 7 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

NFDG: 20 co-investors are shown, with Andreessen Horowitz sharing 7 recorded deals. All available history
Co-investorShared deals
Andreessen Horowitz7
Sequoia Capital6
Spark Capital5
Khosla Ventures4
Founders Fund3
Human Capital3
Kleiner Perkins3
Menlo Ventures3
Aglae Ventures2
Alumni Ventures2
Avid Ventures2
Battery Ventures2
Better Tomorrow Ventures2
Bezos Expeditions2
Boldstart Ventures2
BoxGroup2
BroadLight Capital2
Deutsche Telekom2
DST Global2
Google Ventures2

Investment Strategy

NFDG: Led accounts for 13% and participating for 88% of round participation.All available history.
NFDG: Led accounts for 13% and participating for 88% of round participation. All available history
CategoryDeals (count)Share (%)
Led313%
Participating2188%
NFDG: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
NFDG: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Daniel Gross

Co-Founder

Hersh Desai
Leonard Bogdonoff

Investor

Nat Friedman

Founder and Managing Partner