Where is Fifth Era's headquarters located?

Fifth Era's headquarters is located in San Francisco (United States).

How big is Fifth Era's investment team?

Fifth Era has a team of 5, including 4 partners.

How many companies has Fifth Era invested in?

Fifth Era has invested in 74 companies, including Robinhood & Circle.

Which companies has Fifth Era invested in lately?

TYTL Technologies & Anoma Foundation are the latest investments by Fifth Era.

What sectors does Fifth Era focus on for investments?

Top sectors in Fifth Era's portfolio are High Tech (22 investments) and Blockchain Technology (23 investments).

What stages of companies does Fifth Era typically invest in?

Fifth Era primarily invests in Seed and Series B stages.

How many exits has Fifth Era been involved in?

Fifth Era's portfolio has seen 8 IPOs and 9 acquisitions.

How many unicorns are there in Fifth Era's portfolio?

There are 6 unicorns in Fifth Era's portfolio.

Fifth Era - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Robinhood

Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.

Key facts about Robinhood

Founded Year: 2013
Location: Menlo Park (United States)
Stage: Public
Total Funding till date: $5.58B
Employee Count: 4,841 as on Sep 30, 2026
Investors: HTIF, ADS Ventures and 155 Others
Latest Funding Round: Post IPO, May 13, 2022, $*****
Highlight: Public

2. Circle

Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.

Key facts about Circle

Founded Year: 2013
Location: Boston (United States)
Stage: Public
Total Funding till date: $1.51B
Employee Count: 1,533 as on Sep 30, 2026
Investors: 2020 Ventures, K2 Global and 57 Others
Latest Funding Round: Post IPO, Sep 22, 2026, $*****
Highlight: Public

3. Coinbase

Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.

Key facts about Coinbase

Founded Year: 2012
Location: San Francisco (United States)
Annual Revenue: $1B+ as on Dec 31, 2025
Stage: Public
Total Funding till date: $547M
Employee Count: 7,025 as on Sep 30, 2026
Investors: Intel, 2020 Ventures and 149 Others
Latest Funding Round: Post IPO, Aug 13, 2021, $*****
Highlight: Public

4. Spotify

Provider of a platform for streaming digital music and podcasts. The platform allows users to listen to a wide variety of audio content. It is accessible via web browsers and dedicated applications.

Key facts about Spotify

Founded Year: 2006
Location: Stockholm (Sweden)
Annual Revenue: €1B+ as on Dec 31, 2025
Stage: Public
Total Funding till date: $2.06B
Employee Count: 19,363 as on Jul 31, 2026
Investors: ADS Ventures, 2020 Ventures and 127 Others
Latest Funding Round: Post IPO, Feb 10, 2023, $*****
Highlight: Public

5. Kraken

Provider of a multi-asset trading platform. It is a multi-faceted company offering a range of services including cryptocurrency trading, asset management, and digital marketing solutions.

Key facts about Kraken

Founded Year: 2011
Location: Cheyenne (United States)
Valuation: $*****
Stage: Series D
Total Funding till date: $866M
Employee Count: 1,179 as on Sep 30, 2026
Investors: ADS Ventures, InvestX and 128 Others
Latest Funding Round: Series D, Jan 20, 2026, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Fifth Era has invested in 74 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. As of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in TYTL Technologies.

Here are Fifth Era's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	0	0	0
2024	0	0	0
2023	0	0	0
2022	0	0	0
2021	3	0	3
2020	0	0	0
2019	0	0	0
2018	0	0	0
2017	5	0	5

View all investments by Fifth Era

Fifth Era has made 6 investments in Seed stage, 3 investments in Series B stage with an average round size of $40.6M and 1 investment in Series A stage with an average round size of $2.49M.

Here are Fifth Era's investments by stage:

Stage of entry	No. of Investments
Seed	6
Series B	3
Series A	1

Note: We have considered here, only first round of investments

View all investments by Fifth Era

Fifth Era has a diverse portfolio, with companies operating in the Blockchain Technology, Enterprise Applications, FinTech, Blockchain - Industry Applications and Enterprise Infrastructure. Notably, it has invested in 57 Tech companies, 40 Enterprise (B2B) companies, 39 Consumer (B2C) companies and at least 27 companies focusing on Software.

Here are Fifth Era's investments by sector:

Sector	No. of Investments
Blockchain Technology	5
Enterprise Applications	5
FinTech	5
Blockchain - Industry Applications	4
Enterprise Infrastructure	3
Others	7

Note: We have considered here, only first round of investments

View all investments by Fifth Era

Fifth Era has made most investments in United States (5), followed by Switzerland where it has made 2 investments.

Here are Fifth Era's investments by geography:

Country	No. of Investments
United States	5
Switzerland	2
France	1
Morocco	1
United Kingdom	1

Note: We have considered here, only first round of investments

View all investments by Fifth Era

Fifth Era has made 1 investments in 2026 so far - TYTL Technologies.

Here are the most recent investments by Fifth Era:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 11, 2026	TYTL Technologies	Morocco	Seed	9354	Strobe Ventures
Nov 17, 2021	Anoma Foundation	Switzerland	Series B	2556	Polychain [+4]
Nov 17, 2021	Anoma	Switzerland	Series B	3048	Polychain [+4]
Jun 15, 2021	Bitwise	United States	Series B	7157	Electric Capital [+22]
Dec 22, 2017	Grayscale	United States	Seed	6212	-

See more recent investments made by Fifth Era

Fifth Era has 6 unicorns in its portfolio - Uniswap, Ledger, Kraken and others. The most recent unicorn in their portfolio is Uniswap. It became a unicorn in 2022, 4 years before Fifth Era first invested in it.

Here is a list of unicorns in Fifth Era's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
79	Uniswap	Provider of a decentralized exchange platform for cryptocurrency	2018	FinTech [+2]	New York City	Series B	oxkkbli
82	Ledger	Blockchain based hardware wallet for cryptocurrency	2014	High Tech [+3]	Paris	Series C	rqcldlt
83	Kraken	Provider of a multi-asset trading platform	2011	FinTech [+1]	Cheyenne	Series D	zgjfwah
71	Collibra	Provider of a platform for data intelligence, governance, and AI management	2008	Enterprise Applications [+1]	Brussels	Series G	djljyog
65	Bitfury	AI and blockchain-based platform offering cryptocurrency mining solutions	2011	FinTech [+4]	Amsterdam	Series D	glrbxds

View more details about unicorns in Fifth Era's portfolio

8 of Fifth Era's portfolio companies have become public. Figure got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2025 at marketcap of $4.34B and Circle got listed on the New York Stock Exchange (NYSE) at marketcap of $6.22B.

Here are Fifth Era's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Figure	Sep 11, 2025	-	-	7916
Circle	Jun 05, 2025	-	-	6534
Bitwise	Jan 11, 2024	Jun 15, 2021	Series B	5466
Iczoom	Mar 15, 2023	-	-	7810
Lottery	Oct 29, 2021	-	-	9270

View more details about public companies in Fifth Era's portfolio

9 companies from Fifth Era's portfolio have been acquired. The most recent acquisition was Unknown Worlds in Oct 2021 by Krafton for $*****.

Here are Fifth Era's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Unknown Worlds	Oct 29, 2021	-	-	7696
GameFly	Oct 15, 2020	-	-	9846
Telltale	Aug 28, 2019	-	-	9384
Presidio Bank	May 17, 2019	-	-	2318
Renaissance	May 03, 2018	-	-	5778

View all acquired companies in Fifth Era's portfolio

Fifth Era has a team of 5 members including 4 Partners located in United States. Fifth Era's team sits on the board of 2 companies.

Here is a list of all team members in Fifth Era:

Name	Designation	Location	Board Memberships	Contact Details
Alison Davis	Partner	San Francisco	Pacaso and Balena	2 Emails, 1 Phone number
Matthew Le Merle	Partner	United States	-	4 Emails
James Zhang	Partner	San Francisco	-	1 Email
Klark Xia	Partner	Palo Alto	-	1 Email

View team details of Fifth Era

Over the past 12 years, 66 investors have co-invested in Fifth Era's portfolio companies. This includes funds and angels.

Invested before Fifth Era: Elad Gil, Khosla Ventures and 12 others have invested in rounds before Fifth Era. There is 1 company where Elad Gil has invested before Fifth Era and 1 company where Khosla Ventures has invested before Fifth Era.
Top Co-investors of Fifth Era: 30 investors entered a company along with Fifth Era. These include investors like Electric Capital (3 companies).
Invested after Fifth Era: A total of 22 investors have invested in Fifth Era's portfolio after their investments. Top Investors include MassMutual (1 company) and MITIMCo (1 company).