United States · Investor

Five Elms Capital

Last cheque observed Oct 2026; 55 cheques on record.

Deploying nowNew fund, Apr 2026VC firm

Series ASeries BGrowthRecurringB2b2cCollaboration Tools

Deploying now
58%of best year7cheques in 12 months, 55 on record
Since the last cheque10days00hrs00min00sec
Median round$14MCheque size, as they say$5.0M – $50MRounds led3 of 55Sole investor29 roundsExits2 from the portfolioMostly inUnited States, 69%
Pitch Five Elms Capital

Five Elms Capital highlights

  1. 01

    7 cheques in the last 12 months

  2. 02

    Mostly Venture and Series A: 61% of its rounds

  3. 03

    Sole investor in 29 rounds, median $10M

  4. 04

    2 exits from the portfolio

What they do

We are active and experienced software investors investing in B2B software foundersFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
$5.0M – $50M as they say
Stages
Series ASeries BGrowth
Sectors
RecurringB2b2cCollaboration Tools
Based in
Kansas City, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first55 appearances

  1. 2026

    4 rounds

  2. Oct
    DashFuelGrowth · US · PR Newswire: financing agreementsUndisclosedLed
  3. Sept
    UrgentIQSeries A · US$15MSole investor
  4. Jan
    TrybeSeries A · GB$30MSole investor
  5. Jan
    PrismaticVenture · CH$5.0MSole investor
  6. 2025

    10 rounds

  7. Dec
    RittenSeries B · US$35MWith 3 others
  8. Dec
    Prospyr MedicalGrowth · US$14MSole investor
  9. Nov
    DigitailSeries B · RO · Ventureburn$23MLed
  10. Oct
    Magma MathVenture · SE$10MSole investor
  11. Aug
    BartiSeries A · US$12MSole investor
  12. Jul
    FMXVenture · USUndisclosedWith 1 other
  13. Jul
    SpaceliftSeries C · US$51MWith 3 others
  14. Mar
    MotivityVenture · US$27MSole investor
  15. Feb
    RoomPriceGenieVenture · CH$75MWith 2 others
  16. Feb
    PathifyGrowth · US$25MSole investor
  17. 2024

    7 rounds

  18. Nov
    SingleOpsVenture · USUndisclosedWith 1 other
  19. Nov
    Practice BetterDebt · CA$13MWith 3 others
  20. Oct
    FableSeries B · CA · TechCrunch$25MLed
  21. Oct
    ClaravineSecondary · US$269KWith 3 others
  22. Sept
    FieldGrant · GB$11MWith 1 other
  23. Jul
    GymdeskGrowth · US · Firms' own news pages$33MSole investor
  24. Jan
    OpiniionVenture · USUndisclosedWith 1 other
  25. 2023

    4 rounds

  26. Nov
    ShippyProSeries B · IT$15MSole investor
  27. Sept
    KarbonVenture · US$11MWith 3 others
  28. Jun
    SendlaneSeries C · US$4.2MWith 1 other
  29. Jan
    ContractsafeGrowth · US$28MSole investor
  30. 2022

    6 rounds

  31. Aug
    LumarVenture · GB$6.0MWith 2 others
  32. Jun
    Ten Thousand Coffees (10KC)Growth · CA$56MSole investor
  33. Mar
    CrelateSeries B · US$5.0MSole investor
  34. Jan
    ContinuSeries A · US$14MSole investor
  35. Jan
    SuperfansSeries A · US$8.5MSole investor
  36. Jan
    AskNicelySeries B · US$32MWith 5 others
  37. 2021

    4 rounds

  38. Nov
    Tagger MediaSeries B · US$15MWith 1 other
  39. Sept
    ReachdeskSeries B · US$43MWith 4 others
  40. Mar
    OpenReelSeries A$19MWith 2 others
  41. Jan
    PlayvoxSeries B$25MWith 1 other
  42. 2020

    2 rounds

  43. Aug
    Service FusionVentureUndisclosedSole investor
  44. Feb
    OutfitVenture · US$20MWith 1 other
  45. 2019

    3 rounds

  46. Oct
    DarkOwlVenture$8.0MSole investor
  47. Mar
    ApptegyVenture$13MSole investor
  48. Feb
    PlayVoxUS · Prweb$7.0MSole investor

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 registration7 named

FCFred CoulsonSole Member of the GP of the GPiFiling they signed
FNFrederick Nathan CoulsonFounder and CEOiForm ADV
JAJennifer Ann Timmons WittGeneral CounseliForm ADV
KRKalie Renee MccollaughChief Compliance OfficeriForm ADV
LMLisa MurrayDirectoriFiling they signed
NSNeal SharmaDirectoriFiling they signed
TKThomas KershisnikDirectoriFiling they signed

We also hold 18 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 the register says

From the firm's own filings with the SEC, which it must file accurately by law

$3.1Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
FIVE ELMS Capital Management, LLC
SEC number
CRD 163548

Funds on its Form ADV

19 private funds, $2.4B in gross assets · filed Mar 2024

  1. Five Elms V B, L.P.Private equity97 investors$463M
  2. Five Elms V Q, L.P.Private equity135 investors$339M
  3. Five Elms IV Q, L.P.Private equity97 investors$314M
  4. Five Elms VI B, L.P.Private equity80 investors$302M
  5. Five Elms VI Q, L.P.Private equity109 investors$245M
  6. Five Elms III Apptegy CV, L.P.Private equity66 investors$188M
  7. Five Elms IV B, L.P.Private equity41 investors$176M
  8. Five Elms III B, L.P.Private equity39 investors$108M
  9. Five Elms V A, L.P.Private equity58 investors$67M
  10. Five Elms III Q, L.P.Private equity72 investors$65M

And 9 more on the filing.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

OrderUpBought by GrouponUndisclosedJul 2015
Catapult InternationalBought by MercatorUndisclosedJun 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Recently backed

The latest companies Five Elms Capital put money into.

Quick answers about Five Elms Capital

What does Five Elms Capital invest in?

Five Elms Capital invests most often at Venture and Series A (61% of the rounds on record), in sectors such as Recurring, B2b2c and Collaboration Tools.

How active is Five Elms Capital?

55 investments on record, 7 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

What has Five Elms Capital invested in recently?

Its most recent investments on record: DashFuel (Growth, Oct 2026), UrgentIQ (Series A, Sept 2026) and Trybe (Series A, Jan 2026).

How big are Five Elms Capital's cheques?

The median round it joins is $14M. It says it writes cheques of $5.0M to $50M.

Does Five Elms Capital lead rounds?

Sometimes: it led 3 of its 55 investments on record (5%).

Where does Five Elms Capital invest?

Most of the companies it backs are in the United States (69%), the United Kingdom (9%) and Canada (9%).

Is Five Elms Capital investing now?

Yes: it is actively investing, with 7 investments in the last 12 months.

Who does Five Elms Capital invest alongside?

Most often Blackbird Ventures (2 rounds together), CIBC (2 rounds together) and CIBC Innovation Banking (2 rounds together).

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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