Five Elms Capital Fund VI

United States

Series A

About Five Elms Capital Fund VI

Five Elms Capital Fund VI is a venture capital firm based in United States, focusing on Series A stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionUnited States

Funding StageSeries A

Industry Focus

Saas

Investor Signals Profile

active

Sweet Spot

AI-forward founder-led B2B SaaS, vertical market, strong retention

B2B SaaS

vertical software

growth equity

founder-owned

culture-driven

AI-powered

category disruption

Bullish Signals

$3B AUM, Fund VI $1.1B (2024)external

47 active portfolio cos, 42 exitsexternal

80+ team, 400+ transactionsexternal

17+ years software investing experienceexternal

$15M–$150M+ flexible check sizeexternal

70+ global software platforms backedexternal

Dedicated operational value creation teamexternal

Fund I–VI: consistent AUM growth since 2007website

Multi-round support availablewebsite

Founder liquidity + growth capital offeredwebsite

Humility + hustle culture — non-incumbent mindsetwebsite

Operational value-add: sales ops, marketing, finance, hiringwebsite

Challengers to incumbents — category disruption focuswebsite

AI-forward: hands-on Value Creation AI teamwebsite

Portfolio: behavioral health, edtech, geotech, integrations, accountingwebsite

Agentic capabilities — unlocking new revenue opportunitieswebsite

Contrarian Signals

Growth equity — not early stageexternal

Majority stakes possible — dilution riskexternal

No GPs publicly named on siteexternal

Founder Do's

Show strong product retention metrics

Demonstrate vertical market domain expertise

Highlight intentional company culture

Be open to majority or minority stakes

Prove must-have, sticky product

Build AI into core product

Challenge incumbent market leaders

Founder Don'ts

Don't come pre-VC-backed / non-founder-owned

Don't lack clear category leadership angle

Don't ignore culture as growth lever

Don't build generic horizontal solutions

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Fund Overview

Fund Size$1100M

Saves0

Website

Key People

Fred Coulson, Thomas Kershisnik

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