NFW

NFW is a circularity platform for plastic-free performance materials. NFW follows three Ground Rules in everything we develop: start well, stay clean, end well. While nearly everything in the built world relies on some type of plastic that began as crude oil and that will become plastic pollution, we are establishing a new material reality. We believe all materials should begin and end as nutrients, ready for the next growth cycle—true circularity. Our multi-material platform serves a wide range of industries—from fashion and footwear to automotive and upholstery. NFW technology embeds seamlessly into existing supply chains, enabling the world's most iconic brands to design and scale products with high-performance, plastic-free materials. NFW makes global brands more sustainable, empowering them to create without plastics. Alongside the boldest brands and visionary designers, we are pioneering a naturally circular, post-oil economy.

Textiles Peoria, United States Founded 2015 ~121 employees Private · Debt Financing

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Employees
121
-1.6% in the 3 months to Jan 2025
Revenue / employee
$372K
Revenue ~$45M
Total funding
$212M
Last round Debt Financing, Dec 2024
12-month attrition
27.7%
Tech: 36.5%
H1B sponsor
NA

Headcount trend

NFW went from 166 employees in Feb 2023 to 121 in Jan 2025. Aug 2024 to Jan 2025: 3 people joined, 5 left.

Headcount data through Jan 2025

Org structure

Headcount by department

Other62
Engineering25
Operations10
Sales9
Finance5
HR4
Product3
Success2

Funding

  • Dec 2024 · Debt Financing · $23.6M · AiiM Partners
  • Mar 2024 · $23.7M · Evolution Venture Partners
  • Oct 2023 · Sage Automotive Interiors, Asahi Kasei Group
  • Jun 2023 · Debt Financing · $24.8M · Evolution VC Partners, AiiM Partners
  • Oct 2022 · Debt Financing · $20M · Evolution VC Partners, AiiM Partners
  • Mar 2022 · Series B · $85M · Evolution VC Partners, Tattarang, Lewis & Clark AgriFood
  • Jul 2021 · Venture · $15M · The Community Development Venture Capital Alliance, BMW i Ventures, Prairie Crest Capital
  • May 2021 · $5M
  • Feb 2021 · $2M · Allbirds
  • Aug 2020 · Venture · Fashion For Good
  • Jul 2020 · $13M · Ralph Lauren Corp, Central Illinois Angels, Prairie Crest Capital

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NFW FAQ

How many employees does NFW have?

NFW has about 121 employees, down 1.6% over the 3 months to Jan 2025.

What is NFW's revenue per employee?

NFW makes about $372K in revenue per employee, based on $45M annual revenue and 121 employees.

How much funding has NFW raised?

NFW has raised $211.98M in total funding; its latest round was Debt Financing in Dec 2024.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.