Fundraising Fox

Five Elms Capital

Growth equity

Kansas City · Series A–Late Stage · 78 people tracked

Also known as FIVE ELMS CAPITAL MANAGEMENT, LLC

Fox Verdict
Sign up to see your fit

Investment thesis

Five Elms invests in founder-owned software businesses that are challenging incumbents with next-generation, must-have products showing strong product-market fit and high retention. The firm targets vertical market leaders and culture-driven teams, writing flexible checks of roughly $15M to $150M+ for either majority or minority stakes. It emphasizes optimal capitalization—neither starving nor overloading companies—and offers both growth capital and founder liquidity, with the ability to support companies across multiple rounds. A dedicated Operational Value Creation Team helps build key functions such as sales operations, marketing, financial infrastructure, and senior management to accelerate growth and scale category leaders.

Invests inEnterprise SoftwareSaaSGlobalKansas City

Source: firm website, verified Aug 3, 2026.

Stage
Series A–Late Stage
Check
$15M – $150M
HQ
Kansas City, CA, US
Leads rounds
Leads
Instruments
Equity
Founded
2007
Last 12 months
2 investments
AUM
$3.1B
Tracked investments
74

Team · 78 people

from the firm's website & public directories
Joe Onofrio· Partner
David Barnthouse· Principal, Financial & Investor Operations
Kylie Uvodich· Principal
Pat McClain· Principal, Financial Performance
Akash Kalagara· Analyst, Business Development
Alex Stancati· Executive Assistant
Ana Munoz· Growth Investor
Annelise Overall· Administrative Assistant
Ava Yun· Growth Investor
Benedict Rocchio· Senior Advisor
Charlie Thorne· Growth Investor
Chris Pardee· Vice President, Financial & Investor Operations
Cole Lyons· Growth Investor
Cooper Bushey· Analyst, Financial & Investor Operations
Daniela Riesberg· Senior Associate
Grace Trahan· Growth Investor
Grant Sisk· Growth Investor
Henry McDonald· Senior Associate
Hugo Nascimento· Growth Investor
Jackson Stamper· Growth Investor
James Dutton· Sr. Associate, Financial & Investor Operations
Jenny Witt· General Counsel
Jeremy Plummer-Reed· Data Engineer
Kalie McCollaugh· Director of Finance
Kelly Mayerle· Office & Events Manager
Kristin Rosberg· Vice President, Talent
Laura Wildman· Director, Talent
Macie Lawrence· Associate, Financial & Investor Operations
Mary Laura Orr· Associate
Matthew Tanner· Growth Investor
Megan Krier· Director, Value Creation - Marketing
Miguel Paranhos· Growth Investor
Mike Welch· Director
Nico Takano Meier· Growth Investor
Parker Larson· Growth Investor
Peter Kennedy· Growth Investor
Pranav Makam· Growth Investor
Renato Morais· Vice President
Rob Hurst· Operating Advisor
Sasha Willimann· Operating Advisor
Scott Noll· Operating Advisor
Scott Taylor· Senior Associate, Business Development
Will Lynn· Director of Business Development

What they invest in

from 9 of 74 portfolio companies

SaaS ×6Enterprise Software ×5Marketing Tech ×4AI & Machine Learning ×3EdTech ×2Media & Entertainment ×2AdTech ×1Cloud Computing ×1

HQs:United States×12

Investments · 74 tracked

founders shown can be your intro path

By year:2026 · 12025 · 22022 · 12021 · 22019 · 22017 · 12015 · 110 dated

SelectQuoteNYSE: SLQT
Apptegyapptegy.comin𝕏Mar 2019

SchoolCEO is a quarterly research and perspectives magazine for K-12 school leaders, superintendents, and communications professionals, focused on marketing, communications, recruitment, and branding in public education.

EdTechGovTechMarketing TechMedia & EntertainmentSaaSLittle Rock, US

Jeston George(Executive Officer, Director)

Board seatFred CoulsonAustin GideonRyan Mandl· per SEC Form D

Field Agent, Inc.Nov 2022SEC filingmedium confidence

Fayetteville, US

Marc Yount(Executive Officer)Rick West(Executive Officer, Director)Henry Ho(Executive Officer, Director)

Board seatFred CoulsonRyan Mandl· per SEC Form D · $8.7M raise · filed Nov 2022

MemberClicks, LLCOct 2017SEC filingmedium confidence

Atlanta, US

Board seatFred CoulsonRyan Mandl· per SEC Form D · $13.4M raise · filed Nov 2017

OWL CybersecuritySep 2019SEC filingmedium confidence

Denver, US

Mark Turnage(Member)Russell Cohen(Member)

Board seatThomas Kershisnik· per SEC Form D · $8M raise · filed Oct 2019

Pathifypathify.comFeb 2025SEC filingmedium confidence

Pathify offers a Campus Experience Platform (CXP) that unifies a university's SIS, LMS and other campus tools into a single mobile and web dashboard for students, advisors and administrators.

EdTechEnterprise SoftwareSaaS

Chase Williams(Executive Officer, Director, Promoter)James McCubbin(Executive Officer, Director, Promoter)Christopher Hagan(Executive Officer)Matthew Hammond(Executive Officer)

BoardRoy McKelvie(Director)Mike Hill(Director)

Board seatBrandan FitzgeraldStephanie Schneider· per SEC Form D · $7.5M raise · filed Feb 2025

Prismatic Software Inc.Jan 2026SEC filingmedium confidence

Sioux Falls, US

Matt Paulson(Director)Austin Gideon(Director)Reed Edwards(Director)Michael Zuercher(Executive Officer, Director, Promoter)

Board seatReed EdwardsAustin Gideon· per SEC Form D · $10M raise · filed Jan 2026

Prospyr Medical, Inc.Dec 2025SEC filingmedium confidence

Austin, US

Gregory Kopyltsov(Executive Officer, Director, Promoter)Walker Szurek(Executive Officer, Director, Promoter)Omri Bloch(Director)

Board seatZach GornetLauren Janek· per SEC Form D · $13.6M raise · filed Dec 2025

360Player

Sports club management software

ActiveProspect

Optimization & compliance software

Ask Nicelyasknicely.comin𝕏Dec 2021

AskNicely provides a customer experience management platform that helps service businesses capture customer feedback and motivate teams to take action on insights.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSPortland, US

Tony Ward(Chief Executive Officer)Reagan Nickl(Chief Commercial Officer)Sharon Babkes(Chief Financial Officer)Brian Fravel(VP of Marketing)Jolene Smith(VP of People and Culture)Vlad Pashchenko(VP of Product and Engineering)

AuroraXMP

Power market modeling software

Barti

EHR and practice management for eye care

Bookly CoJan 2015

Salt Lake City, US

Zach Olson(Executive Officer, Director)Hal Halladay(Director)Jeff Stowell(Director)Alex Soffe(Director)Jon Walker(Director)

BoreDM

Geotechnical data management and subsurface reporting software

Catapult

Air & ocean contract management tech

Claravineclaravine.comin

Claravine provides a SaaS platform that enforces consistent data standards and taxonomy across digital marketing operations for enterprise brands and agencies.

Data & InfrastructureEnterprise SoftwareMarketing TechProvo, US

Verl Allen(Chief Executive Officer)Justin Shepard(Chief Operating Officer and Chief Financial Officer)Bernard Kiyanda(Chief Technology and Product Officer)Scott Bennett(Chief Revenue Officer)Anne Murlowski(VP of Marketing)Dan Bowes(VP of Enterprise Transformation & Customer Enablement)

Continu
ContractSafe

Cloud contract management platform

Covideo

Video messaging for sales teams

Crelate

Recruiting agency CRM and tracking system

Annapolis, US

Ken Thompson(Director)Michael Speca(Executive Officer, Director)David Thacher(Director)Aaron Elder(Executive Officer, Director)Mark Barrett(Executive Officer, Director)

DarkOwl

Darknet intelligence for security risks

Digitail
Fable

Digital accessibility SaaS solutions

Flywheel
FMX
FXCM

Foreign exchange trading platform

GoReact

Video-based skills learning platform

Granum

Landscaping field service management

Gymdeskgymdesk.com
Hubb

Virtual, onsite, & hybrid event platform

IntelligenceBank

Digital asset & marketing ops platform

Karbon

Work mgmt. for accounting firms

LaborChart

Workforce mgmt. for construction

Lumarlumar.ioin𝕏
Magma Math

K-12 instructional math software

MemberClicks

Website & membership management

Motivity

Clinical behavioral health software

OnBoard

Secure board & employee collaboration

OpenReelopenreel.comin𝕏

OpenReel is a remote video capture and creation platform that lets teams record high-quality (up to 4K) video on any device from any location, with AI-powered editing, branded templates, and secure cloud storage.

AI & Machine LearningMedia & EntertainmentSaaS

Opiniion
Opus1

Practice mgmt. for performing arts

OrderUp
Outfit

Branded marketing material creation

Panopta
POWWR

Retail energy demand forecasting tools

Practice Better

Practice mgmt. for health industry

Prismatic

B2B software integrations platform

Prospyr

Aesthetics & wellness practice management software

Proxyclick
Reachdeskreachdesk.comin𝕏
Rebrandlyrebrandly.comin

Rebrandly is a branded link management platform that turns long URLs into custom short links using a company's own domain, with click tracking, analytics, custom domains, a REST API, and team workspaces.

AdTechMarketing TechSaaS

RFP360

RFx creation & evaluation platform

Rittenritten.ioin

Ritten is a cloud-based electronic medical record and practice-management platform designed for behavioral health organizations, offering integrated clinical charting, scheduling, billing, compliance tools, and AI-assisted documentation across the continuum of care.

Digital HealthEnterprise SoftwareHealthtechPhiladelphia, US

Noah Whitehead(Executive Officer, Director, Promoter)Gabriel Szczepanek(Executive Officer, Director, Promoter)Omri Bloch(Director)

BoardArpit Mittal(Director)Ryan Mandl(Director)

RoomPriceGenieroompricegenie.comin

RoomPriceGenie offers an automated room pricing and revenue management system (RMS) for hotels, designed for hotel owners and managers to set prices and increase revenue.

AI & Machine LearningPropTechSaaSTravel & Hospitality

Saylent
Scilife

Life sciences quality mgmt. system

Sendlane
Service Fusion

Home service field mgmt. software

Sherpa

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

IPOs and acquisitions across the tracked portfolio

SelectQuoteNYSE: SLQT

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Five Elms Capital invest at?
Five Elms Capital invests at the Series A, Series B, Growth, Late Stage stages.
What is Five Elms Capital's typical check size?
Five Elms Capital typically writes checks of $15M – $150M.
What sectors does Five Elms Capital focus on?
Five Elms Capital focuses on Enterprise Software, SaaS.
Where is Five Elms Capital located?
Five Elms Capital is headquartered in Kansas City, US.
Does Five Elms Capital lead rounds?
Yes, Five Elms Capital leads investment rounds.

Images

Five Elms Capital photoFive Elms Capital photoFive Elms Capital photoFive Elms Capital photoFive Elms Capital photoFive Elms Capital photo

Similar investors

Featured in lists