Fifth Down Capital — Full Portfolio

Mike's Hot Honey produces honey infused with real chili peppers, sold to restaurants, foodservice operators, and retail consumers across the United States.

ConsumerDirect to ConsumerFoodTechBrooklyn, US

MikeMDMichael D. Kurtz(Founder)inKent Spellman(Executive Officer, Director)James MacDonald(Executive Officer)Matthew Beaton(Executive Officer, Director)

Co-investorsEVEvolution VC Partners

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

NLNadia Liu Spellman(Founder)in

Board seatJBJames BoydLiam Patrick· per SEC Form D

&pizza is a pizza restaurant chain that handcrafts oblong pizzas with signature dough, farm-to-table sauces, and customizable toppings.

ConsumerDirect to ConsumerFoodTechWashington, US

Co-investorsRSRSE VenturesSWSWaN & Legend Venture Partners

Anduril builds autonomous systems and software for defense and military applications, including attack aviation, unmanned aircraft, and underwater vehicles, unified by an autonomy platform.

AI & Machine LearningDefense TechHardwareRobotics

PLPalmer Luckey(Founder)inBrian Schimpf(CEO)inTSTrae Stephens(Founder)in

Co-investors13137 Ventures1F1Flourish Capital8V8VCALAltra VentureANAndreessen HorowitzANAnorak Ventures+84 more

Arena Physica builds Atlas, an AI agent platform for hardware engineering that pairs general intelligence with deterministic physics models and integrations to design, simulation, and test tools.

AI & Machine LearningDeep TechDefense TechHardware

PRPratap Ranade(Founder)in

Co-investorsPEPeter ThielHAHAWKTAIL

Cape is a privacy-focused cellular service provider that offers secure mobile connectivity designed to protect subscriber data and privacy.

CybersecurityEnterprise SoftwareArlington, US

JDJohn Doyle(CEO)in

Co-investorsANAndreessen HorowitzDEDefinitionFDFDVCKAKarman Ventures0101 AdvisorsA*A*+7 more

Chapter provides Medicare plan comparison and advisory services to help seniors choose the best health insurance coverage.

HealthtechInsurTechSaaS

NWNoah Wilsonin

Co-investorsCOCore Venture CapitalMAMaverick VenturesSTStripesXYXYZ Venture Capital8V8VCADAddition+3 more

Chapter helps American seniors navigate and select Medicare plans by comparing options nationwide and recommending personalized coverage.

Digital HealthFintechHealthtechInsurTech

Noah WilsoninToni Aldridge

Co-investorsHEHealth2047 Capital Partners LLCMAMaverick VenturesMOMorrison Seger Venture Capital PartnersNANarya CapitalXYXYZ Venture Capital8V8VC+5 more

Chapter provides lead intelligence for B2B software companies by scanning the internet in real-time to identify relevant prospects based on immediacy and buying intent, serving developer tool vendors seeking high-quality sales outreach.

AI & Machine LearningFintechInsurTechSaaSSales TechSeattle, US

A(Aditya (JP) Jayaprakash(Co-Founder & CEO)Ece Kayan(Cofounder)

Co-investorsTETechstars8V8VCADAdditionCOCore Innovation CapitalGEGeneration Investment ManagementHEHealth2047 Capital Partners LLC+5 more

Daisy is a national brand for smart home and small business technology installation and ongoing service, covering smart shades, lighting, home theater, audio, and security systems.

ConsumerHardwareIoT

HKHagan Kappler(Co-Founder & CEO)inDion Persson(Co-Founder & CEO)in

Co-investorsATAtacama VenturesBUBungalow CapitalWEWestern Technology InvestmentBUBullishEVEv3 Ventures LlcVOVOLT CAPITAL

Co-investors2.2.12 AngelsBLBlindspot Ventures Management CoDIDifferential VenturesGOGood Growth CapitalMOMotley Fool VenturesNENew Enterprise Associates (NEA)+7 more

Fishwife is a direct-to-consumer brand that sells curated tinned fish products and related merchandise.

ConsumerDirect to ConsumerFoodTechCalifornia, US

Edgescale builds AI "systems-in-a-box" that deploy AI to operational environments such as manufacturing, utilities, and critical infrastructure, connecting isolated edge devices with modern software while keeping critical data private.

Advanced ManufacturingAI & Machine LearningData & InfrastructureDeep TechHardwareIoT

Brian Mengwasser(Founder)in

Co-investorsALAlumni VenturesBABasecamp FundCICitizenX Crypto VenturesHIHitachi VenturesSASamsung NextSEService Provider Capital+3 more

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.

Sector AgnosticNeedham, US

AMAndrew M. Spellman(Manager)in

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

JLJake Loosararian(Founder/CEO)inTDTroy Demmer(Founder/COO)in

BoardGaetano Crupi(Director)inADAndrew Davis(Director)inTSTrae Stephens(Director)in

Co-investorsALAlpha PartnersBABase Venture Management, Inc.DRDrive CapitalFOFormula VCFRFriends Family CapitalFUFundersClub+19 more

Hike Medical provides preventative musculoskeletal care focusing on foot health, combining technology with clinical expertise to make treatment more accessible to working Americans.

Digital HealthHardwareHealthtechMedical Devices

Aadi Bhanti(CEO & Co-founder)SCSteven Chacko(Co-founder)in

Co-investorsRIRiverPark VenturesINIndicator VenturesSASaga Ventures

Kindred Motorworks rebuilds classic cars into daily-drivable vehicles, combining vintage styling with modern reliability and offering gas or electric powertrains.

Advanced ManufacturingHardwareMobility & TransportationVallejo, US

RHRob Howard(Founder)in

Co-investorsWEWestern Technology InvestmentCPCPMGFOFootPrint Coalition

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

CTChris Turlica(CEO and Co-Founder)inHDHugo Dozois-Caouette(CTO and Co-Founder)inStefan Cristian Turlica(Executive Officer, Director)NHNick Haase(Founder)in

BoardCharles Reim(Director)BDByron Deeter(Director)in

Co-investorsAMAmity VenturesAUAugust CapitalBABain Capital VenturesBEBessemer Venture PartnersCACategory VenturesCRCrew Capital+10 more

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)

Co-investorsFRFriends Family CapitalGOGoldcrest Capital

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

PGParker Gilbert(Founder & CEO)inABAndrew Bihl(Founder)inAAAnthony Alvernaz(Founder)in

Co-investorsALAlkeon InnovationARArtisanal VenturesHAHawk Hill VenturesIVIVP (Institutional Venture Partners)LOLong Journey VenturesMEMenlo Ventures+7 more

Peregrine is a data intelligence platform that transforms disconnected data into operational context for law enforcement and emergency response organizations.

AI & Machine LearningData & InfrastructureGovTechSan Francisco, US

BRBen Rudolph(Founder)inNNNick Noone(CEO)in

Co-investors13137 VenturesFRFriends Family CapitalMEMenlo VenturesO.O.G. Venture PartnersSCScribble VenturesSUSummit Peak Investments+5 more

Peregrine.ai develops computer vision and machine learning systems for the mobility sector, helping fleet operators and vehicle manufacturers reduce accidents, emissions, and infrastructure barriers through intelligent analysis of camera sensor data.

AI & Machine LearningDeep TechMobility & TransportationSaaSBerlin, DE

Dr. Steffen Heinrich(CEO)Dr. Naja von Schmude(CTO)JSJorit Schmelzle(CPO)in

Co-investorsBRBrandenburg KapitalCRCraft VenturesSESequoia Capital

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

JSJan Szilagyi(CEO)in

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)MBMaxwell Blumenfeld(Executive Officer, Director)inNHNaftali Harris(Executive Officer, Director)in

Co-investorsANAndreessen HorowitzCRCraft VenturesFEFelicis VenturesNENew York Life VenturesNYNycaNYNyca Partners+2 more

The Zero Proof is an online guide and recommendation platform for non-alcoholic wines and spirits that helps consumers discover NA beverages and locate NA-friendly bars, restaurants, and venues globally.

B2B MarketplacesConsumerDirect to ConsumerE-commerceFoodTech

SeanTrevor

TrueNorth operates a digital loadboard and AI-powered freight matching platform that connects brokers with vetted carriers.

AI & Machine LearningEnterprise SoftwareFintechLogistics & Supply ChainSaaSSan Francisco, US

SWSanjaya Wijeratne(Founder)inJSJin Stedge(Founder)in

Co-investorsPJPJCSCScribble VenturesY Y Combinator13137 VenturesGSGSRHYHyphen Capital+3 more

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 HealthSan Francisco, US

AKAlex Katz(Founder)in

Co-investorsAMAmplo VenturesMAMaveronSUSummit Peak VenturesAMAmploBRBridge BankGOGoldcrest SA

Washington, US

Julie Bush(Founder)Paul Kwan(Founder)Connor Dougherty(Founder)in

Co-investorsABAbstract VenturesFRFriends Family CapitalMVMVP VenturesNANarya Capital

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

FKFilip Kaliszan(Founder & CEO)inHRHans Robertson(Director)inBBBenjamin Bercovitz(Executive Officer, Director)inJRJames Ren(Executive Officer)inTim Wilcox(Executive Officer)in

BoardBTBill Trenchard(Director)in

Co-investorsALAlkeon InnovationCACapitalGDEDepth VenturesFEFelicis VenturesFIFirst Round CapitalFOFounder Collective+14 more

Vulcan Elements manufactures rare earth magnets for critical applications in defense, semiconductors, satellites, data centers, and industrial equipment.

Advanced ManufacturingDefense TechNew MaterialsBenson, US

JMJohn Maslin(Executive Officer, Director)inDaniel Aronowitz(Executive Officer, Director)

BoardDBDaniel Borok(Director)in

Co-investorsBIBig Brain HoldingsBLBlindspot Ventures Management CoDODorm RoomDUDuke Capital PartnersGLGlynn Capital ManagementJUJunipero+6 more