Today we’re announcing “The Brief”, a free & private document sharing tool that hacks the fundraising process so Founders and VCs can get the right meetings, faster. It’s like DocSend, but it was designed specifically for Founder and VC communication.
Here’s how it works:
1) Craft your pitch — you control how VCs see your business
2) Target the right VCs — you control who sees your company Brief
3) Track everything in one place — you control the intro process
Designed for Founders, by Founders, The Brief is a 1:1 tool. Unlike something like AngelList, VCs can only see the information you send to them directly. It’s private.
As Founders of 10 companies and investors in more than 300, we’ve seen fundraising problems from both sides of the fence.
Our startup funding ecosystem remains largely analog, creating too much friction. Everyone is wasting time on drawn out email exchanges and meetings with the wrong matches.
To get unstuck in time, we built a software tool for Founder and VC communication that’s complete and lets you leverage your network.
The Brief lets Founders and VCs see their mutual connections, the pitch deck, and answers to the questions VCs care about most –– all in one place.
Every VC is different, but there are a few core signals most look for. A little structure goes a long way toward increasing speed and clarity for everyone.
We want to change how startups are funded. Because we’re software builders ourselves, we believe software is the best way to do it.
We take a very long-term and broad perspective on how our industry will evolve, and how we can play a role in helping it improve.
Our guiding principles are collaboration and access. We are collaborative people by nature. We invest with an average of 6+ other investors in our funding rounds and as an early stage fund. Collaboration is how our company succeeds.
We hope the software we build multiplies collaboration between Founders and VCs and increases the access of new Founders into the ecosystem.
Here are the three tools we’ve launched to date:
1. Signal — the Founder-VC network to help fix fundraising
2. VC Match — a tool for Founders to find the right VCs fast
3. The Brief — a tool for creating, managing and targeting VC communication
Give feedback to the NFX Products team here
NFX is a Pre-Seed and Seed venture fund based in San Francisco. As Founders ourselves, we built 10 companies with more than $10 billion in exits across multiple industries and geographies. We’re building software and distributing content to help early-stage Founders unlock speed, defensibility, and edge.
If you want to submit a Brief to NFX for review, here’s how:
If you can’t find a mutual introduction through the Brief tool… rather than sending a cold email it’s best to submit a Brief through one of our private Brief pages.
As Founders ourselves, we respect your time. That’s why we built BriefLink, a new software tool that minimizes the upfront time of getting the VC meeting. Simply tell us about your company in 9 easy questions, and you’ll hear from us if it’s a fit.