Five Elms Capital is a software-focused growth equity firm that partners with founder-led B2B software companies, providing both founder liquidity and growth capital. With over $3 billion in assets under management, the firm has invested in hundreds of software businesses globally.
Deal activity decreased year-over-year (5 deals in the last 12 months vs 8 prior). Average disclosed round size is $21.3M (across 44 rounds with reported amounts).
Portfolio
46
Fund Size
$1.1B
Top Stage
Series A
Last 12 Mo
5
Team
Kylie Uvodich
Director, Value Creation
Mike Welch
Director, Value Creation
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
57 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Opus1 | Series B | — | Mar 2026 |
 Trybe | Series A | $30M | Jan 2026 |
 Ritten | Series B | $35M | Dec 2025 |
 Digitail | Series B | $23M | Nov 2025 |
 Magma Math | Unknown | $10M | Oct 2025 |
 Barti | Series A | $12M | Aug 2025 |
| FFMX | Growth | — | Jul 2025 |
 Spacelift | Series C | $51M | Jul 2025 |
 Motivity | Growth | $27M | Mar 2025 |
 RoomPriceGenie | Growth | $75M | Feb 2025 |
 Pathify | Growth | $25M | Feb 2025 |
| Magma Math | Series A | $40M | Nov 2024 |
 Alchemer | Series A | $100M | Oct 2024 |
 Gymdesk | Growth | $32.5M | Jul 2024 |
| Opus1 | Growth | — | Jun 2024 |
| PPrismatic | Series B | $22M | Jan 2024 |
 ShippyPro | Series B | $15M | Nov 2023 |
 Practice Better | Growth | $27M | Apr 2023 |
| SSingleOps | Growth | $6M | Jul 2022 |
 Claravine | Series B | $16M | May 2022 |
 Crelate | Growth | — | Mar 2022 |
 Continu | Series A | $13.5M | Jan 2022 |
| VVajro Inc | Series A | $8.5M | Jan 2022 |
 AskNicely | Series B | $32M | Jan 2022 |
| Claravine | Series B | $16M | Jan 2022 |
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Top Co-Investors
8VC2 shared
Bienville Capital2 shared
Vesper Holding2 shared
Grayhawk Capital2 shared
Next Frontier Capital2 shared
Peninsula Ventures2 shared
Silverton Partners2 shared
Blackbird2 shared
Nexus Venture Partners2 shared
Elevate Ventures2 shared
Blue Horizon2 shared
Capnamic Ventures2 shared
High-Tech Gründerfonds2 shared
KKR2 shared
Threshold Ventures1 shared
byFounders1 shared
Atomico1 shared
Partech Africa1 shared
Gradient Ventures1 shared
Robin Capital1 shared
Last updated: 20 October 2026