Fifth Down Capital
Venture capitalDover · Seed–Late Stage · 25 people tracked
Investment thesis
Fifth Down Capital seeks to partner with generational companies and compelling fund managers building large, enduring markets. Its platform spans a direct investment strategy, a fund-of-funds strategy, and a secondary strategy, allowing capital to be allocated across the venture landscape and to support innovation at multiple stages. The firm describes itself as relationship-driven, investing primarily through a trusted network built on a curated ecosystem of venture firms and portfolio company founders developed through long-term partnerships. It emphasizes proactive engagement, connecting people, surfacing opportunities, and creating lasting alignment among founders, fund managers, and limited partners.
Source: firm website, verified Aug 7, 2026.
Team · 25 people
from the firm's website & public directoriesWhat they invest in
from 16 of 28 portfolio companiesAI & Machine Learning ×9Enterprise Software ×5Fintech ×4Cybersecurity ×3Deep Tech ×3SaaS ×3Advanced Manufacturing ×2Consumer ×2
HQs:United States×11
Investments · 28 tracked
founders shown can be your intro pathBy year:2025 · 12018 · 12 dated
Dumpling Daughter is a restaurant and food brand offering Chinese dumplings, buns, and dipping sauces through dine-in, catering for events, and packaged products sold at retailers and online across the United States.
ConsumerE-commerceFoodTechWeston, US
Nadia Spellman(Executive Officer, Director, Promoter)Nadia Liu Spellman(Founder)Sally Ling(Chef)
Board seatJames BoydLiam Patrick· per SEC Form D
Pizza restaurant brand; a Fifth Down portfolio company.
Arena Physica develops hardware innovation tools, including Atlas RF Studio, a product currently in beta for radio-frequency (RF) work.
Deep TechHardware
Fishwife sells tinned seafood products, including smoked salmon, albacore tuna, anchovies, mackerel, and sardines, sourced from various fisheries and hand-packed at canneries in Europe and the US.
ConsumerDirect to ConsumerFoodTech
Gecko Robotics builds robots equipped with sensors and cameras to inspect industrial structures like boilers for structural defects, replacing dangerous manual inspections at height.
Advanced ManufacturingAI & Machine LearningDeep TechRoboticsPittsburgh, US
Jake Loosararian(Founder/CEO)Troy Demmer(Founder/COO)
BoardGaetano Crupi(Director)Andrew Davis(Director)Trae Stephens(Director)
Hike Medical produces custom orthotic insoles using a 5-minute phone-based foot scan, then 3D-prints and ships them to users to help reduce lower-body and musculoskeletal pain.
HardwareHealthtechMedical Devices
MaintainX provides an AI-powered computerized maintenance management system and asset management platform designed for deskless frontline workers in industrial and operational settings.
AI & Machine LearningEnterprise SoftwareIoTSaaSSan Francisco, US
Chris Turlica(CEO and Co-Founder)Hugo Dozois-Caouette(CTO and Co-Founder)Stefan Cristian Turlica(Executive Officer, Director)
BoardCharles Reim(Director)Byron Deeter(Director)David Hornik(Director)
Fifth Down holding; a hot honey brand where Candace Parker serves on the board of directors.
Brooklyn, US
Kent Spellman(Executive Officer, Director)James MacDonald(Executive Officer)Matthew Beaton(Executive Officer, Director)Michael Kurtz(Executive Officer, Director)
Northslope builds AI applications for enterprise operations, configuring purpose-built software to specific customer workflows across supply chain, healthcare, retail, financial services, and defense sectors.
AI & Machine LearningEnterprise SoftwareSaaSDenver, US
William B Ward(Executive Officer, Director)
Numeric builds a software platform for corporate finance and accounting teams that combines real-time accounting, data transformation, and AI-powered analytics to replace manual spreadsheet-based processes.
AI & Machine LearningEnterprise SoftwareFintechSan Francisco, US
Parker Gilbert(Founder & CEO)inAndrew Bihl(Founder)Anthony Alvernaz(Founder)in
Reflexivity is an AI platform for institutional investors that combines licensed financial and market data from providers like S&P Global, LSEG, Cboe, and Nasdaq with explainable AI to produce investment analysis.
AI & Machine LearningFintechSaaS
Jan Szilagyi(CEO)
SentiLink provides fraud detection and identity verification products and data solutions for financial institutions and businesses.
AI & Machine LearningCybersecurityData & InfrastructureFintechSan Francisco, US
Max(Co-founder)Maxwell Blumenfeld(Executive Officer, Director)Naftali Harris(Executive Officer, Director)
Revolutionizing space technology to make life multi-planetary
Two Chairs matches individuals with personalized mental health care, including therapy and psychiatry services, using a technology-enabled platform designed to improve access and treatment outcomes.
Digital HealthHealthtechMental Health
Verkada builds AI-powered physical security solutions that integrate video security, access control, alarms, intercoms, air quality sensors, and visitor management into a single cloud-based platform.
AI & Machine LearningCybersecurityEnterprise SoftwareIoTSan Mateo, US
Filip Kaliszan(Founder & CEO)Hans Robertson(Director)Tim Wilcox(Executive Officer)Benjamin Bercovitz(Executive Officer, Director)James Ren(Executive Officer)
BoardBill Trenchard(Director)
Vulcan Elements manufactures rare earth magnets for critical applications in defense, semiconductors, satellites, data centers, and industrial equipment.
Advanced ManufacturingDefense TechNew MaterialsBenson, US
Daniel Aronowitz(Executive Officer, Director)John Maslin(Executive Officer, Director)inDan Aronowitz(Director)
BoardDaniel Borok(Director)
Portfolio news
latest coverage across their companiesCape · tipranks.com · Jul 17, 2026
MaintainX · newmarketpitch.com · Jul 13, 2026
Peregrine · intelligence360.news · Jul 10, 2026
Verkada · siliconangle.com · Jul 1, 2026
Gecko Robotics · tsginvest.com · Apr 23, 2026
Numeric · finance.yahoo.com · Nov 21, 2025
Frequently asked questions
- What stage does Fifth Down Capital invest at?
- Fifth Down Capital invests at the Seed, Series A, Series B, Series C, Late Stage stages.
- What sectors does Fifth Down Capital focus on?
- Fifth Down Capital focuses on Consumer, EdTech, Enterprise Software, Fintech, FoodTech, Gaming, Healthtech, SaaS, Sector Agnostic, Sports Tech.
- Where is Fifth Down Capital located?
- Fifth Down Capital is headquartered in Dover, US.
Images
Co-investors · 10
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Benchmark is a venture capital firm with offices in San Francisco and Woodside that invests in early-stage startups.
Todd and Rahul's Angel Fund is an early-stage investment vehicle run by founders Todd Goldberg and Rahul Vohra, who write $300k-$500k checks into early-stage startups and help with product/market fit, go-to-market, and future fundraising.
ICONIQ Capital is a global investment firm with offices including New York, San Francisco, and London, managing over $100B in assets. It combines wealth management for its client community with investing in technology companies and supporting collaborative philanthropy.
Mischief is a San Francisco-based venture firm investing $1-5M in early-stage software companies, run by a small partnership of former operators.
Glasswing Ventures is an early-stage venture capital firm that supports startups through its Building Partners model, providing operational expertise across go-to-market, product, engineering, and finance.
Firms observed investing alongside Fifth Down Capital, from public investor directories. Shared companies are the overlap with Fifth Down Capital's recorded portfolio.
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