Fifth Down Capital
Est. dry powder
$610M
Raised, not yet invested
AUM
$25M
Assets under management
Latest fund
—
Fifth Down Secondary Fund II, size not reported
Est. cheque size
$118K–
From fund sizes
Deals, last 12 months
4
Last seen investing Jun 2026
About Fifth Down Capital
Fifth Down Capital is a U.S.-based private equity fund-of-funds firm that targets venture and growth equity investments in high-growth consumer and technology-related companies, and also focuses on secondary opportunities. The firm invests across the internet, software, consumer, and fintech sectors globally, with a primary focus on the United States.
- Type
- Private Equity Fund of Funds Manager
- Headquarters
- Needham, Massachusetts, US
- Stages
- SeedSeries ASeries BSeries CSeries DSeries ESecondariesEarly Stage
- Est. cheque size
- $118K–$2.8M
- Sectors
- Diversified, Information Technology, Consumer Discretionary, Financial & Insurance Services
- Regions
- North America
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A5
- Series B5
- Series C4
- Seed1
- Series D1
Across 17 deals
Portfolio sectors
- Software7
- Education/Training1
- Financial Services1
- Food1
- Healthcare Specialists1
Across 14 companies
Portfolio countries
- US14
Across 14 companies
Recent investments
Newest 5 of 17
- Series D$250M
Peregrine Technologies, Inc.
Jun 2026 · Series D
- Series E$85M
Chapter
Apr 2026 · Series E
- Series C$100M
Cape
Mar 2026 · Series C
- Series B$50.8M
Numeric
Nov 2025 · Series B
- Series C$15M
Daisy
Mar 2025 · Series C
Offices
4 locations
- Needham, Massachusetts, USHQ
- Dover, Ohio, US
- Boston, MA, US
- Medfield, Massachusetts, US
Questions about Fifth Down Capital
How much does Fifth Down Capital invest per deal?
Based on the size of its funds, Fifth Down Capital writes estimated cheques of $118K–$2.8M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Fifth Down Capital invest in?
Fifth Down Capital has invested at Seed, Series A, Series B, Series C, Series D and Series E. Its most frequent rounds on record are Series A, Series B and Series C.
How much capital does Fifth Down Capital have left to invest?
Fifth Down Capital has an estimated $610M in dry powder: capital it has raised but not yet invested.