Backing the next
generation of
AI software leaders.
Five Elms is one of the most active and experienced software investors globally. We partner with founders building the next generation of AI-powered software. With over $3 billion in assets under management and more than 80 professionals on our team, we combine flexible capital with deep operational expertise to help software businesses accelerate growth, build enduring market leadership, and scale to successful outcomes.
Why Five Elms?
Humility + Hustle
Our open, honest approach helps us earn founders’ trust, even when taking outside capital is optional. Like the companies we back, we’re not the incumbent. We work harder and move faster to earn our seat at the table.
AI-Forward Mindset
AI is changing what’s possible in software. We help founders turn that opportunity into better products, stronger businesses, and lasting market leadership.
Operational Value Add
Scaling a software company requires more than capital. From talent recruitment to sales & marketing operations, financial infrastructure, and AI-powered innovation, our Value Creation & AI team provides hands-on support every step of the way.
Flexible Capital Solutions
We understand that every company and founder are different. We tailor each investment to provide the right amount of capital, in the right structure, at the right time.
Who do we like to partner with?
Challengers to the “Old Guard"
Founders building the next generation of AI-powered software, rapidly taking market share from incumbents, and unlocking significant new revenue opportunities with agentic capabilities.
AI-Forward Mindsets
Products and teams built with AI at their core, solving complex problems in specialized vertical markets.
Vertical Market Leaders
Our founders typically know their customers because they’ve lived their challenges firsthand. That insight leads to better products, stronger customer relationships, and lasting category leadership.
Must-Have Products
Products customers can’t live without, that have the retention rates to prove it. We invest in businesses with strong product-market fit, that have a right to win, and are ready to capture more of the market they serve.
The people behind the
companies we back.
By the numbers...
While our focus and values have stayed consistent over the last 20+ years, we’ve grown steadily in other ways.