Indexed logomarkindexed.vc

NFDG

Venture Capital

AI-focused venture fund by Nat Friedman and Daniel Gross, deploying $1.1B from seed to growth in AI and technology startups. Fund stake acquired by Meta in 2025.

San Francisco, United States · 14+ investments · 13 portfolio companies

Seed
Early Stage
Growth
Artificial Intelligence
Developer Tools
SaaS
Headquarters
San Francisco, United States
Founded
2023
Website
nfdg.com
AUM
$1.1B
Portfolio Companies
13
Total Investments
14
Last Investment
Nov 2025
Geographic Focus
United States

Investment Thesis

Back the most ambitious AI founders from seed to growth; provide access to scarce GPU compute alongside capital to accelerate technical breakthroughs.

NFDG is a Venture Capital firm based in San Francisco, United States. It has made 14 investments, including Juicebox, Magic and Medallion. Focus areas include Artificial Intelligence and Developer Tools.

Portfolio13

Co-investors24

Sign up to view co-investors

24 co-investors across 57 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×16 · Angel Investor ×4 · Corporate VC ×2 · 32 shared rounds

Investment History

Sign up to view investment history

Create a free account with 25 free credits every month, no card needed, to unlock deal history, amounts, and round details.

Your firm? Embed this profile

Add the live badge to your site — it stays current as your portfolio data updates.

NFDG on Indexed.vc
<a href="https://indexed.vc/investors/nfdg"><img src="https://indexed.vc/api/badge/investor/nfdg" alt="NFDG on Indexed.vc" width="260" height="76" /></a>