Fifth Down Capital

Fifth Down Capital is a venture capital firm established in 2014, located in Dover, Massachusetts. The firm focuses on investing in generational companies, aiming to support businesses with long-term growth potential. As a Registered Investment Adviser, Fifth Down Capital adheres to regulatory standards while managing its investment activities.

James Boyd

Vice President

Liam Patrick

Partner

Brian Rowen

President and Managing Partner

Jayni Shah

Partner

Andrew Spellman

Founder and Managing Partner

Bryan Stuart

Vice President

31 past transactions

Inflection Points

Seed Round in 2022
Inflection Points operates a specialized employment and training platform focused on the bitcoin and cryptocurrency sectors. The company offers services that facilitate connections between employers and candidates, enabling businesses to recruit talent and individuals to discover job opportunities within the growing crypto industry. Additionally, Inflection Points provides training programs aimed at enhancing skills relevant to bitcoin and cryptocurrency, further supporting workforce development in this dynamic field.

Mosaic.tech

Series B in 2022
Mosaic.tech combines big data and machine learning that provides predictive reporting capabilities, leveling the playing field, and giving startups tools and insights for large enterprises. Its one-click integrations and real-time analytics offer clear insights and straightforward recommendations. Mosaic provides greater visibility into the most important dynamics of the business. Founded in 2019, Mosaic.tech is headquartered in San Diego, California.

Replit

Series B in 2021
Repl.it lets you start coding in your favorite programming language in 2 seconds; it lets you build and deploy apps right from your browser. The founders wanted to build something to solve their own problem -- back in school they were tired of setting up their development environment on every machine they wanted to code on, and they dreamed of a world where you could just open a tab in the browser and start working. They built Repl.it to give developers access to simple, powerful tools and a community of hackers, aspiring programmers and teachers. They make it possible to learn, practice and build, all in the same place.

Kindred Motorworks

Venture Round in 2021
Kindred Motorworks specializes in modernizing vintage vehicles by integrating new powertrains, safety features, and contemporary technologies while preserving their classic aesthetics. The company meticulously prototypes and evaluates design decisions to enhance performance and reliability in each model. By incorporating features such as disc brakes and Bluetooth sound systems, Kindred Motorworks transforms internal combustion cars into electric versions, allowing customers to enjoy modern functionality without compromising the original design. This innovative approach not only revitalizes classic cars but also aligns with the growing demand for sustainable transportation solutions.

AKUA

Seed Round in 2021
AKUA is a New York-based company that specializes in manufacturing protein snack foods derived from organic ingredients sourced through regenerative aquaculture. Founded in 2015, the company primarily sells its products online, focusing on delivering nutritious and sustainable food options to consumers.

Untapped

Series C in 2021
Untapped, founded in 2017 and based in San Francisco, California, operates an online job search portal specifically designed to assist individuals in finding employment opportunities. The platform utilizes machine learning to connect students with innovative companies, prioritizing their interests, values, and experiences over traditional resumes. This approach aims to create equal opportunities for students in a competitive job market, mitigating biases that often affect hiring processes. Employers can also leverage Untapped to post job vacancies, making it a comprehensive solution for both job seekers and companies.

Toggle

Series A in 2021
Toggle is a SaaS company that focuses on enhancing investment technology and logistics solutions for various stakeholders. In the investment sector, Toggle utilizes AI-powered algorithms to transform the overwhelming influx of daily data and price information into actionable insights, enabling investors to analyze deeper, stress test hypotheses, and assess potential rewards against risks. In logistics, Toggle addresses longstanding industry challenges by providing innovative technologies that optimize supply chain networks for shippers while simplifying pricing models and reducing costs. The platform also improves the experience for drivers and carriers by minimizing payment delays, optimizing route planning, and streamlining scheduling, ultimately increasing driving time and reducing time spent away from home.

Collectable

Series A in 2021
Collectable.com, Inc. is a mobile platform designed to assist sports memorabilia collectors by providing an online marketplace that aggregates historical auction prices and current auction data. The company's offerings include a historical price guide, a universal auction finder, and an automated wishlist matching service, all aimed at facilitating informed purchasing decisions. Additionally, Collectable provides market trend analytic reports to enhance its users' understanding of the collectibles market. Founded in 2014, the company is headquartered in Concord, Massachusetts.

River

Series A in 2021
River Financial Inc. is a financial technology company based in San Francisco, California, founded in 2019 by Alexander Leishman and Andrew Benson. The company specializes in providing a platform for individuals and institutions to buy, manage, and sell bitcoin. Its flagship product is a Bitcoin brokerage designed for sophisticated retail investors, offering a high-touch service that prioritizes security and client experience. River Financial's platform includes tools for investment performance, such as cost basis tracking, catering to the needs of its clients in the evolving cryptocurrency market.

Carta

Series F in 2020
Carta is a transfer agent for private companies that enables seed-stage to pre-IPO companies to manage equity electronically with the participation of their shareholders, employees, auditors, and legal counsel. It digitizes paper stock certificates along with stock options, warrants, and derivatives to create a real-time image of who owns what at a startup. Carta receives funding from a group of investors, including Draper VC, Expansion VC, k9 Ventures, Elefund, Subtraction Capital, Scott Banister, XG Ventures, Kima Ventures, Andy Palmer, and Structure Capital. It was founded by Manu Kumar and Henry Ward in 2012 as eShares, Carta is based in Mountain View, California.

Mosaic.tech

Series A in 2020
Mosaic.tech combines big data and machine learning that provides predictive reporting capabilities, leveling the playing field, and giving startups tools and insights for large enterprises. Its one-click integrations and real-time analytics offer clear insights and straightforward recommendations. Mosaic provides greater visibility into the most important dynamics of the business. Founded in 2019, Mosaic.tech is headquartered in San Diego, California.

Toggle

Seed Round in 2020
Toggle is a SaaS company that focuses on enhancing investment technology and logistics solutions for various stakeholders. In the investment sector, Toggle utilizes AI-powered algorithms to transform the overwhelming influx of daily data and price information into actionable insights, enabling investors to analyze deeper, stress test hypotheses, and assess potential rewards against risks. In logistics, Toggle addresses longstanding industry challenges by providing innovative technologies that optimize supply chain networks for shippers while simplifying pricing models and reducing costs. The platform also improves the experience for drivers and carriers by minimizing payment delays, optimizing route planning, and streamlining scheduling, ultimately increasing driving time and reducing time spent away from home.

Toggle

Seed Round in 2020
Toggle is a SaaS company that focuses on enhancing investment technology and logistics solutions for various stakeholders. In the investment sector, Toggle utilizes AI-powered algorithms to transform the overwhelming influx of daily data and price information into actionable insights, enabling investors to analyze deeper, stress test hypotheses, and assess potential rewards against risks. In logistics, Toggle addresses longstanding industry challenges by providing innovative technologies that optimize supply chain networks for shippers while simplifying pricing models and reducing costs. The platform also improves the experience for drivers and carriers by minimizing payment delays, optimizing route planning, and streamlining scheduling, ultimately increasing driving time and reducing time spent away from home.

Mike's Hot Honey

Series B in 2020
Mike's Hot Honey, Inc. is a Brooklyn-based company that specializes in producing and selling chili pepper-infused honey. Founded in 2010, the company offers a unique product that pairs well with a diverse range of foods, such as pizza, chicken, ribs, salads, and even ice cream. The honey is crafted from wildflower honey sourced from New York apiaries and serves as a flavorful alternative to traditional sweeteners. Mike's Hot Honey is available for purchase through grocery stores across the United States and online, making it accessible to both retailers and restaurants.

Verkada

Series C in 2020
Verkada Inc. develops and offers a cloud-based video management software that enables users to manage physical security. Its Command platform enables users to access, share, and archive footage across locations. The company also offers security cameras for security services. Its products include Dome; Mini; Fisheye; and Viewing Station series. It serves Healthcare, banks, education, retail, restaurants, government, and private business sectors. The company was incorporated in 2016 and is based in San Mateo, California. It has an additional location in London, United Kingdom.

Mike's Hot Honey

Funding Round in 2019
Mike's Hot Honey, Inc. is a Brooklyn-based company that specializes in producing and selling chili pepper-infused honey. Founded in 2010, the company offers a unique product that pairs well with a diverse range of foods, such as pizza, chicken, ribs, salads, and even ice cream. The honey is crafted from wildflower honey sourced from New York apiaries and serves as a flavorful alternative to traditional sweeteners. Mike's Hot Honey is available for purchase through grocery stores across the United States and online, making it accessible to both retailers and restaurants.

Mike's Hot Honey

Series A in 2017
Mike's Hot Honey, Inc. is a Brooklyn-based company that specializes in producing and selling chili pepper-infused honey. Founded in 2010, the company offers a unique product that pairs well with a diverse range of foods, such as pizza, chicken, ribs, salads, and even ice cream. The honey is crafted from wildflower honey sourced from New York apiaries and serves as a flavorful alternative to traditional sweeteners. Mike's Hot Honey is available for purchase through grocery stores across the United States and online, making it accessible to both retailers and restaurants.

Gusto

Series C in 2017
Gusto is a company that provides a cloud-based platform designed for small and medium-sized businesses to manage payroll, benefits, and human resources. Founded in 2011 and headquartered in San Francisco, with an additional office in Denver, Gusto offers an array of services including payroll processing, health benefits, workers' compensation, and time tracking. The platform allows employers and employees to access payroll information from various devices, enabling features such as browsing pay stubs, reviewing tax forms, and verifying personal details. Gusto caters to a diverse clientele, including startups, coffee shops, medical practices, creative agencies, and law firms, aiming to simplify the administrative tasks associated with employee management.

Two Chairs

Seed Round in 2017
Two Chairs Behavioral Health Group is a mental health organization based in San Francisco, California, that provides individual and group therapy services. The company specializes in various therapeutic approaches, including acceptance and commitment therapy, cognitive behavioral therapy, dialectical behavior therapy, emotionally focused therapy, and psychodynamic therapy. Two Chairs emphasizes personalized care by carefully matching clients with therapists based on their unique needs and preferences, aided by a research-backed process. The organization also offers concierge insurance support to enhance accessibility. By fostering open conversations about mental health, Two Chairs aims to create a supportive community while prioritizing self-care and continuous learning.

Sourcegraph

Series A in 2016
Sourcegraph, Inc. is a technology company that specializes in universal code search solutions, enhancing code discovery, intelligence, and change management. Founded in 2013 and headquartered in San Francisco, California, Sourcegraph enables developers to efficiently navigate and understand extensive codebases across various repositories, languages, and file formats. Its platform allows for seamless code exploration in web browsers, facilitating improved developer productivity through contextual insights that aid in code reviews and onboarding processes. Additionally, Sourcegraph automates large-scale code changes, helping teams manage complex codebases more effectively. The company's services cater to a diverse clientele, including startups, enterprises, developers, DevOps teams, and engineering leaders, all aimed at minimizing the challenges associated with code management. Sourcegraph is supported by prominent investors, highlighting its significant market presence and potential for growth.

Tatcha

Series C in 2015
Tatcha LLC is a beauty products manufacturer based in San Francisco, California, founded in 2009. The company specializes in a range of skincare products, including moisturizers, facial cleansers, exfoliators, serums, masks, eye care, sunscreens, and makeup essentials, catering to various skin types such as normal, dry, and sensitive. Tatcha draws inspiration from traditional Japanese beauty rituals, particularly those practiced by geisha, and incorporates scientifically proven ingredients into its formulations. The company distributes its products through various retailers and online channels, serving customers in the United States, Canada, Hong Kong, Singapore, Australia, New Zealand, and Japan. As of July 2019, Tatcha operates as a subsidiary of Unilever N.V.

Gusto

Series B in 2015
Gusto is a company that provides a cloud-based platform designed for small and medium-sized businesses to manage payroll, benefits, and human resources. Founded in 2011 and headquartered in San Francisco, with an additional office in Denver, Gusto offers an array of services including payroll processing, health benefits, workers' compensation, and time tracking. The platform allows employers and employees to access payroll information from various devices, enabling features such as browsing pay stubs, reviewing tax forms, and verifying personal details. Gusto caters to a diverse clientele, including startups, coffee shops, medical practices, creative agencies, and law firms, aiming to simplify the administrative tasks associated with employee management.

Coupang

Series H in 2015
Coupang Corp. operates an online retail platform that offers a wide range of products, including baby goods, fashion, beauty products, electronics, and home decor, along with daily discounted deals on various goods and services. Founded in 2010 and headquartered in Seoul, South Korea, the company emphasizes a customer-centric approach, aiming to provide competitive prices and a personalized shopping experience through its mobile application. Coupang leverages innovative technology to enhance operations, focusing on improving the end-to-end customer experience, particularly in areas like last-mile delivery and product discovery. With additional offices in major cities such as Beijing, Shanghai, Los Angeles, and Seattle, Coupang has established itself as a significant player in the global e-commerce market.

Palantir Technologies

Secondary Market in 2015
Palantir Technologies Inc. is a data analytics company that develops platforms for integrating, managing, and analyzing large volumes of information for public institutions, commercial enterprises, and non-profit organizations globally. Its primary products include Palantir Gotham, tailored for government applications, and Palantir Foundry, designed for commercial clients. These platforms facilitate collaboration among analysts and enable comprehensive data analysis across various sectors, including healthcare, finance, defense, and law enforcement. Palantir’s solutions address issues such as fraud detection, crisis response, cybersecurity, and disaster preparedness. Founded in 2003 in Denver, Colorado, the company is headquartered in Palo Alto, California, and has established strategic partnerships with clients like United Airlines.

Planet

Funding Round in 2015
Planet Labs, Inc. is a San Francisco-based company specializing in Earth imaging and analytics. Founded by former NASA employees in 2010, Planet operates the largest fleet of compact, high-capability satellites designed to image the entire planet daily. This extensive satellite coverage provides customers with unprecedented access to geospatial insights, enabling them to make informed decisions based on real-time data. Planet's offerings include a diverse range of satellite imagery and analytical solutions, all accessible through an online platform equipped with tools for data analysis. With additional offices in Germany and Canada, the company serves a global network of customers and partners across more than 100 countries, delivering market-leading geospatial imagery for businesses, governments, researchers, and journalists. Planet's mission is to make visible and actionable the changes occurring on Earth, providing crucial information to understand the physical world.

&pizza

Venture Round in 2015
&pizza is a fast casual pizza restaurant chain based in Washington, D.C., known for its customizable oblong-shaped pizzas and a selection of craft beverages. The company collaborates with local producers to offer innovative menu items that include gluten-free options, craft sodas, small batch teas, and wines. &pizza has expanded its presence to cities such as Baltimore and Philadelphia, with plans to open six additional locations in the D.C., Maryland, and Virginia region, bringing its total to 21 locations by the end of the year. The brand aims to provide affordable dining options while maintaining a focus on quality and creativity in its food and beverage offerings.

Palantir Technologies

Funding Round in 2015
Palantir Technologies Inc. is a data analytics company that develops platforms for integrating, managing, and analyzing large volumes of information for public institutions, commercial enterprises, and non-profit organizations globally. Its primary products include Palantir Gotham, tailored for government applications, and Palantir Foundry, designed for commercial clients. These platforms facilitate collaboration among analysts and enable comprehensive data analysis across various sectors, including healthcare, finance, defense, and law enforcement. Palantir’s solutions address issues such as fraud detection, crisis response, cybersecurity, and disaster preparedness. Founded in 2003 in Denver, Colorado, the company is headquartered in Palo Alto, California, and has established strategic partnerships with clients like United Airlines.

&pizza

Funding Round in 2014
&pizza is a fast casual pizza restaurant chain based in Washington, D.C., known for its customizable oblong-shaped pizzas and a selection of craft beverages. The company collaborates with local producers to offer innovative menu items that include gluten-free options, craft sodas, small batch teas, and wines. &pizza has expanded its presence to cities such as Baltimore and Philadelphia, with plans to open six additional locations in the D.C., Maryland, and Virginia region, bringing its total to 21 locations by the end of the year. The brand aims to provide affordable dining options while maintaining a focus on quality and creativity in its food and beverage offerings.

Coupang

Series G in 2014
Coupang Corp. operates an online retail platform that offers a wide range of products, including baby goods, fashion, beauty products, electronics, and home decor, along with daily discounted deals on various goods and services. Founded in 2010 and headquartered in Seoul, South Korea, the company emphasizes a customer-centric approach, aiming to provide competitive prices and a personalized shopping experience through its mobile application. Coupang leverages innovative technology to enhance operations, focusing on improving the end-to-end customer experience, particularly in areas like last-mile delivery and product discovery. With additional offices in major cities such as Beijing, Shanghai, Los Angeles, and Seattle, Coupang has established itself as a significant player in the global e-commerce market.

Coupang

Series F in 2014
Coupang Corp. operates an online retail platform that offers a wide range of products, including baby goods, fashion, beauty products, electronics, and home decor, along with daily discounted deals on various goods and services. Founded in 2010 and headquartered in Seoul, South Korea, the company emphasizes a customer-centric approach, aiming to provide competitive prices and a personalized shopping experience through its mobile application. Coupang leverages innovative technology to enhance operations, focusing on improving the end-to-end customer experience, particularly in areas like last-mile delivery and product discovery. With additional offices in major cities such as Beijing, Shanghai, Los Angeles, and Seattle, Coupang has established itself as a significant player in the global e-commerce market.

Palantir Technologies

Secondary Market in 2014
Palantir Technologies Inc. is a data analytics company that develops platforms for integrating, managing, and analyzing large volumes of information for public institutions, commercial enterprises, and non-profit organizations globally. Its primary products include Palantir Gotham, tailored for government applications, and Palantir Foundry, designed for commercial clients. These platforms facilitate collaboration among analysts and enable comprehensive data analysis across various sectors, including healthcare, finance, defense, and law enforcement. Palantir’s solutions address issues such as fraud detection, crisis response, cybersecurity, and disaster preparedness. Founded in 2003 in Denver, Colorado, the company is headquartered in Palo Alto, California, and has established strategic partnerships with clients like United Airlines.
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