Fifth Down Capital

General contacts

Investor type

VC / Fund of funds

Founded

2014

AUM

$686 M

Location

Boston, Massachusetts, United States

Investment Ticket

$10-50 m

Investment Stage

Seed Pre-seed Series A Late Stage (Series C+)

Region of investment

North America Europe

Investor profile last updated: 16 August, 2026

Profile

Fifth Down Capital is a venture capital firm based in Boston, Massachusetts, founded in 2014 by Andrew Spellman. The firm is known for its relationship-driven approach, investing primarily through a curated network of venture firms and portfolio company founders. The team consists of 15 professionals, including key figures like Janki Gandhi and Charlotte Edelman, who bring diverse expertise to the firm.

Fifth Down Capital focuses on investing in generational companies across various sectors, including technology, healthcare, and consumer products. They employ a multi-strategy approach, including direct investments, fund of funds, and secondary strategies, allowing them to support innovation at multiple stages. The firm typically invests in later-stage companies and has a total AUM of $686 million with their flagship fund, Fifth Down Capital Fund I.

Notable investments by Fifth Down Capital include Anduril - defense technology, Arena - physical security, Cape - telecommunications, Chapter - managed care, and Daisy - consumer products. These investments highlight the firm's commitment to backing companies that shape large, enduring markets.

Industry

Healthcare Services HealthTech Technology Business Services (B2B) Consumer Products Consumer Services (B2C) Digital E-commerce/Marketplace Financial Services Fintech Software Food and Beverage Security Foodtech SaaS

Fifth Down Capital Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
Fifth Down Capital Fund I	Venture Capital (VC)	Financial Services Fintech Food and Beverage Foodtech SaaS Security Software	Pre-seed Seed	North America	$5-10 m	$686 M	July 2014

Contacts

Name

Title

Social Networks

Andrew Spellman Founder & CEO

Founder & CEO

a•••@•••

Brian Rowen President & Managing Partner

President & Managing Partner

b•••@•••

Upgrade to see contacts

IrfKZpamk3elnR9V IrfKZpamk3elnR9V

IrfKZpamk3elnR9V

[email protected]

IrfKZpamk3elnR9V IrfKZpamk3elnR9V

IrfKZpamk3elnR9V

[email protected]

IrfKZpamk3elnR9V IrfKZpamk3elnR9V

IrfKZpamk3elnR9V

[email protected]

Investment-team contacts for Fifth Down Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.

Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Fifth Down Capital

Is Fifth Down Capital a venture capital or private equity firm?

Fifth Down Capital is a venture capital firm that also operates as a fund of funds. It backs companies at Seed, Pre-seed, Series A and Late Stage (Series C+), writing tickets of $10-50 m.

Where is Fifth Down Capital located?

Fifth Down Capital is located in Boston, Massachusetts, United States.

When was Fifth Down Capital founded?

Fifth Down Capital was founded in 2014.

What sectors and industries does Fifth Down Capital invest in?

Fifth Down Capital invests in companies and startups in Healthcare Services, HealthTech, Technology, Business Services (B2B), Consumer Products, Consumer Services (B2C), Digital, E-commerce/Marketplace, Financial Services, Fintech, Software, Food and Beverage, Security, Foodtech, SaaS.

What is Fifth Down Capital geographical focus of investments?

Fifth Down Capital invests in companies and startups in North America, Europe.

At what stages of companies and startups does Fifth Down Capital typically invest in?

Fifth Down Capital invests in companies and startups at Seed, Pre-seed, Series A, Late Stage (Series C+).

What is the usual amount of Fifth Down Capital investment?

Fifth Down Capital usually invests $10-50 m on average.

What is the amount of assets of under management (AUM) for Fifth Down Capital?

Fifth Down Capital has around $686m assets under management.

When was Fifth Down Capital last fund created?

Fifth Down Capital last fund was created/launched in 2014-07-10

What are the contacts of Fifth Down Capital?

Fifth Down Capital can be reached through its website fifthdown.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Fifth Down Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Fifth Down Capital data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Fifth Down Capital directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Fifth Down Capital profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.