Fundraising Fox

Fifth Down Cap

Needham, US · 1 known investors

Fifth Down is a venture capital firm that invests across the venture landscape through direct investments, a fund of funds strategy, and a secondary strategy, partnering with startups and fund managers. It operates a relationship-driven, network-based sourcing model and works closely with portfolio company founders, fund managers, and limited partners.

Founders & leadership

AM
Andrew M. SpellmanManager

Investors · 1

Reported raises · per SEC filings

Form D private placements

$199.4M disclosed across 3 rounds · 2023–2026

$145MraisedJun 2026 · 61 investors · Investing
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew M. SpellmanExecutive Officer, Director
Offering amount
$145M
Amount sold
$145M
First sale
Apr 2025
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$30MraisedJan 2026 · 30 investors · Investing
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew M. SpellmanExecutive Officer, Director
Offering amount
$120M
Amount sold
$30M
First sale
Jan 2026
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$24.4MraisedOct 2023 · 14 investors · Investing
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew M. SpellmanExecutive Officer, Director
Offering amount
$45M
Amount sold
$24.4M
First sale
Sep 2023
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Fifth Down Cap do?
Fifth Down is a venture capital firm that invests across the venture landscape through direct investments, a fund of funds strategy, and a secondary strategy, partnering with startups and fund managers. It operates a relationship-driven, network-based sourcing model and works closely with portfolio company founders, fund managers, and limited partners.
Who founded Fifth Down Cap?
Fifth Down Cap was founded by Andrew M. Spellman.
Who are Fifth Down Cap's investors?
Fifth Down Cap's investors include Fifth Down Capital.
How much funding has Fifth Down Cap raised?
Fifth Down Cap has disclosed $199.4M raised across 3 rounds.
Where is Fifth Down Cap headquartered?
Fifth Down Cap is headquartered in Needham, US.