When we at AI Perks compared NFX Signal with Round Funded, we chose Round Funded to submit our startup and get matched with investors. We raised our round through Round Funded because it brought investor search, AI-written outreach, a shared workspace, a Data Room and tracking links together.
What is NFX Signal, and what does it offer founders?
NFX Signal is a free investor-search and networking service created by venture firm NFX. NFX says the product will remain free, and there is no paid plan or upgrade option.
According to Signal’s FAQ, founders can use it to find investors who may suit their company, surface investor connections in their own network and monitor fundraising progress. Its search organizes investors by stage, sector and region. Signal also says founders can use a Gmail sign-in to identify possible warm-introduction paths. The investor information is community-built, with founders and investors contributing to vetting.
That makes Signal a way to research investors and look for existing connections. But a founder considering it should also check whether the rest of the fundraising workflow fits their needs. In a 2017 Product Hunt reply, someone speaking for Signal said the product did not send investor emails. A review published in October 2026 described its tracking as basic, noted its reliance on a founder’s Gmail network, and said sorting a list and checking investment recency may take additional work.
Those points matter when deciding what you want one product to handle. A search tool may cover discovery, while outreach, collaboration and investor follow-up may need to happen elsewhere.
How does NFX Signal compare with Round Funded?
The main distinction for us was scope. Signal is free and focuses on investor search, network connections and fundraising tracking. Round Funded is a paid product that helps founders find investors, send pitches and track replies.
| Area | NFX Signal | Round Funded |
|---|---|---|
| Price | Free, with no paid tier | Round+ is $99 per month, Round Pro is $249 per month, and Lifetime is $899 one-time |
| Investor search | Search by stage, sector and region | Search 60,000+ active VCs, angels, family offices and accelerators by stage, industry, geography and check size |
| Investor activity | Signal’s FAQ describes a community-built, vetted network | Investors are filtered to a check in roughly the last 6 months, and emails are verified |
| Email outreach | A 2017 reply from the Signal team said investor emails cannot be sent through Signal | AI drafts personalized emails and follow-ups, sent from the founder’s own Gmail |
| Workflow | Includes investor search, connection discovery and fundraising tracking | Includes a fundraising pipeline, teammate access, a Data Room and, on Round+, tracked links |
Round Funded’s outreach uses the founder’s own Gmail, so replies arrive in that inbox and the email thread belongs to the founder. Its CRM keeps investors, fundraising stages and next steps together. The Data Room puts a deck, traction, team and ask on one link, and is free to build and share on every plan.
Round+ includes per-investor tracked links and engagement analytics for views, deck opens and meeting clicks. These features are not included in the free Data Room offer itself.
Why did we at AI Perks choose Round Funded?
We raised our round through Round Funded. We chose it because we wanted the pieces of the process in one workspace, rather than treating investor discovery as the entire job.
The investor database was one reason. Round Funded covers more than 60,000 active VCs, angels, family offices and accelerators. Founders can narrow the search by stage, industry, geography and check size. The platform filters for investors with a check in roughly the last 6 months, and investor emails are verified. You can get matched with active investors through the application page.
We also valued the AI agent that drafts an outreach email and follow-ups personalized for each investor. Messages go out from the founder’s own Gmail account. That keeps the conversation in the founder’s inbox, rather than moving replies into a separate account.
The interface and shared workspace mattered too. Round Funded’s fundraising pipeline shows each investor’s stage and next step in one place, and teammates can be invited into the startup workspace. For sharing company information, the Data Room brings the deck, traction, team and ask together behind one link. On Round+, per-investor links and engagement analytics provide additional tracking.
Signal’s free price is a clear difference, and it may suit founders looking for its search and network features. But for our needs, Round Funded was the pick because it combines investor search with outreach, pipeline management and materials sharing.
What does Round Funded cost?
Round Funded has no free tier. Round+ costs $99 per month and includes a pipeline of up to 2,500 investors, email to up to 2,000 investors per month and 2,500 AI credits per month. First-time accounts can try Round+ free for 3 days.
Round Pro costs $249 per month. It supports up to 5,000 investors in the pipeline, email to up to 10,000 investors per month, up to 6 connected inboxes and 5,000 AI credits per month. First-time accounts also get a 3-day free trial for Round Pro.
The Lifetime plan costs $899 as a one-time payment and includes everything in Round Pro. The Data Room is free to build and share on every plan, while per-investor tracking links and engagement analytics are included with Round+.
If you want to submit your startup on Round Funded, the application page says founders can get matched with investors.
How Round Funded helps founders manage outreach
- Search the investor database using filters for stage, industry, geography and check size.
- Add prospects to the fundraising pipeline and keep each investor’s stage and next step in one place.
- Invite teammates into the startup’s workspace to collaborate on the raise.
- Build and share a Data Room with the deck, traction, team and ask. Submit your startup to get matched with investors.
- Use AI to draft personalized outreach and follow-ups, then send from your own Gmail and track replies in the pipeline.
Frequently Asked Questions
Is NFX Signal free?
Yes. NFX says Signal is free and will not charge for it. It has no paid tier, trial or upgrade option.
Can founders send investor emails through NFX Signal?
A 2017 Product Hunt reply from the Signal team said investors cannot be emailed through Signal. Round Funded drafts outreach and follow-ups with AI and sends them using the founder’s own Gmail.
What does Round Funded include?
Round Funded helps founders find investors, send pitches and track replies. Its features include an investor database, fundraising pipeline, AI-drafted outreach, teammate workspaces and a Data Room. Round+ also includes per-investor tracked links and engagement analytics.
How much does Round Funded cost?
Round+ is $99 per month, Round Pro is $249 per month and Lifetime is $899 one-time. Round+ and Round Pro offer a 3-day free trial for first-time accounts. There is no free tier.
How many investors are listed on Round Funded?
Round Funded covers 60,000+ active VCs, angels, family offices and accelerators. Search filters include stage, industry, geography and check size, and investors are filtered to a check in roughly the last 6 months.