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Fifth Down Capital

North America, Massachusetts, United States, Dover

Description

Fifth Down Capital is a private investment firm based in Dover, Delaware, specializing in early and growth stage companies across the technology and consumer sectors. The firm positions itself as a strategic partner to founders and management teams, aiming to build enduring businesses rather than just providing capital. Their investment philosophy emphasizes long-term collaboration and active support for their portfolio companies as they scale and navigate competitive markets.

The firm's investment strategy is characterized by a focused approach, targeting companies with strong potential for significant market disruption and growth. Fifth Down Capital typically deploys initial investments ranging from $5 million to $25 million, indicating a preference for substantial stakes in promising ventures. This range allows them to support companies through critical development phases, from early commercialization to more mature growth stages. Their commitment extends beyond initial funding, as they seek to provide operational and strategic guidance to accelerate company development.

Fifth Down Capital has built a portfolio that includes notable companies such as OneSignal, Vroom, Zola, and Thrive Market. These investments reflect their stated focus on innovative technology and consumer-facing businesses that are transforming their respective industries. As of recent data, the firm has made approximately 11 investments, with at least 1 identified as a lead investment, showcasing their willingness to take a primary role in funding rounds. Their selective approach underscores a belief in high-conviction investments where they can contribute meaningfully to success.

The firm's relatively small team and focused sector strategy suggest a hands-on approach, allowing for deep engagement with a limited number of portfolio companies. This model is often favored by founders seeking more than just capital, valuing the strategic insights and network access that a dedicated partner can provide. Fifth Down Capital aims to be a foundational partner, leveraging its expertise to help companies achieve significant milestones and ultimately realize their full market potential.

Investor Profile

Fifth Down Capital has backed more than 21 startups, with 2 new investments in the last 12 months alone. The firm has led 5 rounds, about 24% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, FinTech, Enterprise Software.
  • Led 1 rounds in the past year.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series B (29%)
  • Series A (24%)
  • Series C (19%)
  • Seed (19%)
  • Series Unknown (5%)
  • Secondary Market (5%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Fintech
  • Enterprise Software
  • Information Technology
  • Artificial Intelligence (Ai)
  • Analytics
  • Saas
  • Cryptocurrency
  • Machine Learning
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fifth Down Capital frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Rose Park Advisors
North America, Massachusetts, United States, Boston
Co-Investments: 4
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Felicis
North America, California, United States, Menlo Park
Co-Investments: 2
Friends & Family Capital
North America, California, United States, Menlo Park
Co-Investments: 6
Goldcrest Capital
North America, Texas, United States, Dallas
Co-Investments: 6
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Contrary
North America, California, United States, San Francisco
Co-Investments: 2
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 4

Which angels does Fifth Down Capital often collaborate with?

Shared Deals: 1
SB
North America, California, United States
Shared Deals: 1
WC
North America, New York, United States, Manhattan
Shared Deals: 1
QY
North America, California, United States, San Francisco
Shared Deals: 2
CA
North America, California, United States, Palo Alto
Shared Deals: 3
BC
North America, California, United States, Atherton
Shared Deals: 1
MS
North America, California, United States, San Francisco
Shared Deals: 2
CN
North America, California, United States, Los Angeles
Shared Deals: 1
CC
North America, New York, United States, New York
Shared Deals: 2
NC
North America, United States
Shared Deals: 1

What are some of recent deals done by Fifth Down Capital?

MaintainX

San Francisco, California, United States

MaintainX provides a CMMS/EAM platform that streamlines maintenance, work orders, and asset management for industrial and frontline teams.

Asset ManagementB2BInformation TechnologyMobileSaaS
Series DJul 9, 2025
Amount Raised: $150,000,000
Arena

New York, New York, United States

Arena accelerates testing, debugging, and optimization for the world’s most advanced hardware.

Enterprise SoftwareSaaSSoftware
Series BApr 8, 2025
Amount Raised: $30,000,000
Peregrine Technologies

San Francisco, California, United States

Peregrine provides a data integration platform that allows state and local government agencies to protect and serve their communities.

AnalyticsInformation TechnologyLaw EnforcementPublic SafetyReal TimeSoftware
Series CMar 4, 2025
Amount Raised: $190,000,000
Numeric

San Francisco, California, United States

The modern platform for accounting data & ops

AccountingAnalyticsArtificial Intelligence (AI)FinTechSoftware
SeedMay 7, 2024
Amount Raised: $10,000,000
Peregrine Technologies

San Francisco, California, United States

Peregrine provides a data integration platform that allows state and local government agencies to protect and serve their communities.

AnalyticsInformation TechnologyPublic SafetyReal TimeSoftware
Series BMay 1, 2024
Amount Raised: $30,000,000
Two Chairs

San Francisco, California, United States

Two Chairs is a behavioral health company that operates a mental health therapy platform to offer in-person psychotherapy.

Health CareMental HealthTherapeuticsWellness
Series CApr 16, 2024
Amount Raised: $72,000,000
Arena

New York, New York, United States

Arena empowers businesses across industries to make high frequency decisions fully autonomous.

Enterprise SoftwareSaaSSoftware
Series AAug 2, 2022
Amount Raised: $32,000,000
Inflection Points

Beaverton, Oregon, United States

Inflection Points provides training in bitcoin and crypto.

Information Technology
SeedJul 13, 2022
Amount Raised: $12,600,000
Mosaic.tech

San Diego, California, United States

Mosaic.tech is a finance platform that provides predictive reporting capabilities to assist with financial strategy and planning.

AnalyticsArtificial Intelligence (AI)B2BBig DataFinTechMachine LearningSaaSSoftware
Series BMar 30, 2022
Amount Raised: $25,000,000
Replit

San Francisco, California, United States

Replit is a browser-based integrated development environment for cross-platform collaborative coding.

Artificial Intelligence (AI)Cloud ComputingDeveloper ToolsInformation TechnologySoftware
Series BDec 9, 2021
Amount Raised: $80,000,000