United States · Investor

Fifth Down

Last cheque observed Aug 2026; 5 cheques on record.

VC firmDeploying nowNew fund $36M, Aug 2026

Series ASeries CSeries D

Deploying now
67%of best year2cheques in 12 months, 5 on record
Since the last cheque72days00hrs00min00sec
Median round$100MRounds led0 of 5Mostly inUnited States, 100%
Pitch Fifth Down

Fifth Down highlights

  1. 01

    2 cheques in the last 12 months

  2. 02

    Mostly Series A and Series C: 60% of its rounds

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Based in
NEEDHAM, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    2 rounds

  2. Aug
    Hike MedicalSeries A · US · Ventureburn$23MWith 4 others
  3. Apr
    ChapterSeries E · US · Ventureburn$100MWith 11 others
  4. 2025

    2 rounds

  5. Jul
    MaintainXSeries D · US · Crunchbase News$150MWith 10 others
  6. Mar
    Peregrine TechnologiesSeries C · US · Crunchbase News$190MWith 7 others
  7. 2024

    1 round

  8. Oct
    NumericSeries A · US · TechCrunch$28MWith 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration2 named

AMAndrew Man SpellmanMANAGER OF FIFTH DOWN CAPITAL II GP LLC, GENERAL PARTNERiFiling they signed
LMLiam Man PatrickExecutive Officer, DirectoriFiling they signed

We also hold 5 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

17 of 25 we have independently watched raise

AndurilCapeDatabentoEreborGeckoroboticsHikemedicalKindredmotorworksNorthslopeNumericPeregrineReflexivitySentilinkThezeroproofTwochairsValinorVerkadaVulcanelementsArenaphysicaAskchapterDaisycoDumplingdaughterEatfishwifeEdgescaleaiLovbMikeshothoney

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Fifth Down. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Fifth Down put money into.

Quick answers about Fifth Down

What does Fifth Down invest in?

Fifth Down invests most often at Series A and Series C (60% of the rounds on record).

How active is Fifth Down?

5 investments on record, 2 of them in the last 12 months. The most recent was in Aug 2026.

What has Fifth Down invested in recently?

Its most recent investments on record: Hike Medical (Series A, Aug 2026), Chapter (Series E, Apr 2026) and MaintainX (Series D, Jul 2025).

How big are Fifth Down's cheques?

The median round it joins is $100M.

Does Fifth Down lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does Fifth Down invest?

Most of the companies it backs are in the United States (100%).

Is Fifth Down investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

Who does Fifth Down invest alongside?

Most often 8VC (2 rounds together), Friends & Family Capital (2 rounds together) and Menlo Ventures (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it