CNF Investments, LLC

CNF Investments, LLC is the dedicated venture capital and private equity affiliate of Clark Enterprises, Inc., a prominent privately held company headquartered in Bethesda, Maryland. Established to diversify and grow the substantial assets of Clark Enterprises, CNF Investments actively pursues investment opportunities across a broad spectrum of stages and industries. The firm leverages its parent company's extensive network and financial strength to identify and support promising companies, aiming to forge long-term partnerships rather than just providing capital.

The investment strategy of CNF Investments is characterized by its flexibility and long-term perspective. While not strictly tied to specific sectors, the firm shows a propensity for areas that align with Clark Enterprises' core competencies and strategic interests, including real estate technology, construction technology, enterprise software, and other disruptive technologies. They engage in both venture capital rounds, supporting early-stage innovation, and private equity deals, backing more mature, growth-oriented businesses. This multi-stage approach allows CNF to participate in a company's lifecycle from inception through significant expansion.

CNF Investments is known for its capacity to deploy substantial capital, reflecting the financial robustness of Clark Enterprises. For instance, the firm was a participant in a $20 million Series C funding round for Notarize in 2017, demonstrating their commitment to growth-stage companies. Similarly, they contributed to a $25 million Series D round for Xometry in 2019, further underscoring their ability to support significant capital raises. While their specific check sizes vary widely depending on the stage and nature of the investment, their involvement in such substantial rounds indicates a readiness to write multi-million dollar checks for strategic opportunities.

The firm emphasizes providing strategic guidance and operational support to its portfolio companies, drawing on Clark Enterprises' deep operational expertise and market insights. This hands-on approach aims to accelerate growth and enhance value creation, positioning CNF Investments as a strategic partner beyond just a financial backer. Their diverse portfolio spans various sectors, reflecting their opportunistic yet disciplined investment philosophy.