TFX Capital

TFX Capital is a B2B early-stage technology venture capital firm investing in service-driven, high-performing and commercially tested Military and National Security Veterans who have a passion for solving real-world issues by using technology to build ideas that are net new to our society.

Kevin Eckert

Partner

Brandon Shelton

Founder and Managing Partner

17 past transactions

XONA Systems

Series A in 2022
XONA enables frictionless user access that’s purpose-built for operational technology (OT) and other critical infrastructure systems. Technology agnostic and configured in minutes, XONA’s proprietary protocol isolation and zero-trust architecture immediately eliminates common attack vectors, while giving authorized users seamless and secure control of operational technology from any location or device. With integrated MFA, user-to-asset access controls, user session analytics, and automatic video recording, XONA is the single, secure portal that connects the cyber-physical world and enables critical operations to happen from anywhere with total confidence and trust.

Crowdz

Convertible Note in 2022
Crowdz is the leader in modernizing the traditional Trade Finance industry by auto risk rating assets at the receivable level. Funders can gain valuable insights to make quick decisions that match their investment strategy. Crowdz has auto risk-rated $4.2b of receivables, and funders have financed over $93m utilizing Crowdz technology. Customers and investors include Citibank, Barclays, Meta, EG Funds Management, Techstars Ventures, and Bold Capital Partners, with over $28 million in investment raised to date. Assets sold to private equity.

CommSafe AI

Venture Round in 2022
CommSafe AI is a software that measures virtual communications for negative sentiment and automatically flags keywords and phrases that are related to instances of workplace conflict and violence. This includes instances of sexual harassment, bullying, and other forms of discrimination. Once communication is flagged, CommSafe AI sends an alert to the customer's CHRO regarding the incident and recommended next steps and web-based training for affected employees.

Marani

Seed Round in 2021
Marani Health is developing a prenatal care platform which includes a wearable, textile-based product to measure key vital statistics of women and their developing fetus, for use during pregnancy, labor & delivery. The products utilize Artificial Intelligence to better assess health & wellness during pregnancy, labor & delivery. Marani is collaborating with key partners including The Mayo Clinic.

FruitScout

Seed Round in 2021
FruitScout is a mobile-based, AI-powered precision crop load management (PCLM) platform.

Rhumbix

Venture Round in 2021
Rhumbix develops a mobile platform designed for the construction craft workforce. It modernizes construction field operations, helping builders go paperless in the field, and improving how they measure and manage labor productivity to be more profitable. Rhumbix was founded in 2013 and is headquartered in San Francisco, California.

Crowdz

Seed Round in 2019
Crowdz is the leader in modernizing the traditional Trade Finance industry by auto risk rating assets at the receivable level. Funders can gain valuable insights to make quick decisions that match their investment strategy. Crowdz has auto risk-rated $4.2b of receivables, and funders have financed over $93m utilizing Crowdz technology. Customers and investors include Citibank, Barclays, Meta, EG Funds Management, Techstars Ventures, and Bold Capital Partners, with over $28 million in investment raised to date. Assets sold to private equity.

Vemo Education

Series A in 2019
Vemo Education is a mission-driven educational technology company focused on expanding educational access for all Americans. We partner directly with colleges, universities, and other educational providers to design, implement, and sustain income share agreement (ISA) programs to help increase educational opportunity and reduce financial barriers to economic mobility.

Stabilitas

Seed Round in 2018
Stabilitas is the world’s first company to provide Travel Assurance. For corporations, the business environment has become increasingly global, and companies are commonly sending their employees all over the world. Stabilitas helps these companies keep track of their employee's locations, along with the risks they face, in real time. Their platform provides an ecosystem where travelers can share security information in order to keep themselves and others safe, while performing their jobs with peace of mind. Stabilitas’ initial target market is employees that are traveling internationally for work or who are in developing countries as part of international subsidiaries to global companies, though they ultimately intend the more than 1B people that travel internationally each year. They sit at the intersections for government geo-intelligence ($10B), fleet management ($20B), Travel Welfare ($12B), and private contracted security markets ($63B). A bottom up analysis of global business travelers suggests a $2B initial target market.

Get Spiffy

Series B in 2018
Get Spiffy is an on-demand car wash and detailing service. A team of experienced Triangle, NC entrepreneurs are building the World's first on-demand smartphone-powered technology-enabled mobile car wash and detailing service. The app is used for both communication and payment. Additionally, Spiffy is highly concerned about the environment, and all of its washes are eco-friendly.

CounterFlow

Seed Round in 2018
CounterFlow AI is a network detection and response (NDR) provider.

Vemo Education

Seed Round in 2017
Vemo Education is a mission-driven educational technology company focused on expanding educational access for all Americans. We partner directly with colleges, universities, and other educational providers to design, implement, and sustain income share agreement (ISA) programs to help increase educational opportunity and reduce financial barriers to economic mobility.

Vemo Education

Seed Round in 2016
Vemo Education is a mission-driven educational technology company focused on expanding educational access for all Americans. We partner directly with colleges, universities, and other educational providers to design, implement, and sustain income share agreement (ISA) programs to help increase educational opportunity and reduce financial barriers to economic mobility.

StreetShares

Series A in 2016
StreetShares, Inc. is a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Based in Reston, Virginia, the company offers a lending-as-a-service platform that enables community banks and credit unions to efficiently provide loans to small businesses. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. StreetShares facilitates an accessible and streamlined lending experience, allowing financial institutions to connect with borrowers through a digital platform featuring quick underwriting processes. Founded in 2013, the company has garnered recognition for its innovative solutions in small business financing.

ProctorFree

Seed Round in 2016
ProctorFree is a fully automated, on-demand proctoring service that eliminates the need for human proctors. Unlike other companies, ProctorFree turns the computer into the proctor. Using a standard computer, webcam, and microphone, our software tracks specific anomalies that are indicators of cheating behavior. Once testing is complete, a TrustScore is reported to faculty members within minutes detailing what anomalies occurred during testing. The faculty member can log into our system and determine if cheating occurred by reviewing a detailed report with a video recording of the test session. We provide a low cost, effective and convenient proctoring solution that will transform online education by increasing online academic integrity, resulting in increased enrollments and improved public perception of the online education industry as a whole.
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