# Fifth Down: portfolio, investments and team > Fifth Down is a vc firm based in United States. 5 investments on record, 2 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/fifth-down (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Fifth Down Last cheque observed Aug 2026; 5 cheques on record. Email VC firm Deploying now New fund $36M, Aug 2026 Series A Series C Series D Follow Fifth Down and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ffifth-down) Deploying now **67%** of best year **2** **cheques in 12 months**, 5 on record Since the last cheque **72** days **00** hrs **00** min **00** sec Median round **$100M** Rounds led **0 of 5** Mostly in **United States, 100%** Pitch Fifth Down ## Fifth Down highlights - 01 2 cheques in the last 12 months - 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 first **5 appearances** - **2026** 2 rounds - **Aug** **[Hike Medical](https://millionrounds.com/company/hike-medical)** Series A · US · Ventureburn **$23M** With 4 others - **Apr** **[Chapter](https://millionrounds.com/company/chapter)** Series E · US · Ventureburn **$100M** With 11 others - **2025** 2 rounds - **Jul** **[MaintainX](https://millionrounds.com/company/maintainx)** Series D · US · Crunchbase News **$150M** With 10 others - **Mar** **[Peregrine Technologies](https://millionrounds.com/company/peregrine-technologies)** Series C · US · Crunchbase News **$190M** With 7 others - **2024** 1 round - **Oct** **[Numeric](https://millionrounds.com/company/numeric)** Series A · US · TechCrunch **$28M** With 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 registration **2 named** AM **Andrew Man Spellman** MANAGER OF FIFTH DOWN CAPITAL II GP LLC, GENERAL PARTNER i Filing they signed LM **Liam Man Patrick** Executive Officer, Director i Filing 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 [Anduril](https://millionrounds.com/company/anduril-industries)[Cape](https://millionrounds.com/company/cape)[Databento](https://millionrounds.com/company/databento)[Erebor](https://millionrounds.com/company/erebor)[Geckorobotics](https://millionrounds.com/company/gecko-robotics)[Hikemedical](https://millionrounds.com/company/hike-medical)[Kindredmotorworks](https://millionrounds.com/company/kindred-motorworks)[Northslope](https://millionrounds.com/company/northslope)[Numeric](https://millionrounds.com/company/numeric)[Peregrine](https://millionrounds.com/company/peregrine-technologies)[Reflexivity](https://millionrounds.com/company/reflexivity)[Sentilink](https://millionrounds.com/company/sentilink)[Thezeroproof](https://millionrounds.com/company/the-zero-proof)[Twochairs](https://millionrounds.com/company/two-chairs)[Valinor](https://millionrounds.com/company/valinor)[Verkada](https://millionrounds.com/company/verkada)[Vulcanelements](https://millionrounds.com/company/vulcan-elements) Arenaphysica Askchapter Daisyco Dumplingdaughter Eatfishwife Edgescaleai Lovb Mikeshothoney 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. New fund on file **$36M** raised in Aug 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series C Series D Median round joined **$100M** the round, not its cheque Led 0 of 5 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Aug 2026 Rounds by stage said on their site - Series A *2* - Series C *1* - Series D *1* - Series E *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [8VC](https://millionrounds.com/fund/8vc) 2 - [Friends & Family Capital](https://millionrounds.com/fund/friends-and-family-capital) 2 - [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) 2 **Pitching Fifth Down?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**8VC** VC firm **2** rounds together](https://millionrounds.com/fund/8vc)[**Friends & Family Capital** VC firm **2** rounds together](https://millionrounds.com/fund/friends-and-family-capital)[**Menlo Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/menlo-ventures) ## Recently backed The latest companies Fifth Down put money into. [**Hike Medical** $23M · Aug 2026](https://millionrounds.com/company/hike-medical)[**MaintainX** $150M · Jul 2025](https://millionrounds.com/company/maintainx)[**Peregrine Technologies** $190M · Mar 2025](https://millionrounds.com/company/peregrine-technologies)[**Numeric** $28M · Oct 2024](https://millionrounds.com/company/numeric) ## 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? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=fifth-down) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=fifth-down)