About Level 5 Capital Partners
Level 5 Capital Partners is a venture capital firm founded in 2009. It is primarily based out of Atlanta, United States. As of Jan 2023, Level 5 Capital Partners has invested in 8 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Consumer to Retail and Healthcare. Most recently it participated in the $***** Series B round of 2U Laundry Overall, Level 5 Capital Partners portfolio has seen 2 acquisitions, namely Orangetheory and CorePower Yoga. Level 5 Capital Partners has team of 16 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series B & Series A
Portfolio Acquisitions
Portfolio Soonicorns
Level 5 Capital Partners' List of Top Investments
Level 5 Capital Partners has a portfolio of 8 companies. Their most notable investments are in Heyday and Heyday.Their portfolio spans across and United States. They have invested in Consumer, Retail, Healthcare and 1 other sectors, across stages such as Series B, Series A stages. Here is the list of top investments by Level 5 Capital Partners:
1. Orangetheory
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Key facts about Orangetheory
- Founded Year: 2010
- Location: Boca Raton (United States)
- Stage: Acquired
- Total Funding till date: $250M
- Employee Count: 9,408 as on Jun 30, 2026
- Investors: Brentwood Associates, ClearLight Partners and 13 Others
- Latest Funding Round: PE, Aug 21, 2019, $*****
- Highlight: Acquired
2. 2U Laundry
Provider of an app-based platform for laundry and dry cleaning services. It allows users to schedule and book laundry services. It provides the facility of doorstep pick-up and delivery services for clothes. Its mobile application is available for Android and iOS platforms.
Key facts about 2U Laundry
- Founded Year: 2015
- Location: Charlotte (United States)
- Stage: Series B
- Total Funding till date: $30.8M
- Employee Count: 60 as on Jun 30, 2026
- Investors: MacDonald Ventures, Engage and 12 Others
- Latest Funding Round: Series B, Jan 31, 2023, $*****
- Highlight: Editors' Pick
Provider of hyper wellness services including cryotherapy, IV drips, and more. The company delivers personalized, science-backed therapies designed to improve health and accelerate recovery. Services include cryotherapy, red light therapy, infrared sauna, compression, and IV drip therapy. Additional offerings consist of intramuscular shots, skin health treatments, mild hyperbaric oxygen therapy, biomarker assessments, and weight management programs.
Key facts about Restore Hyper Wellness
- Founded Year: 2015
- Location: Austin (United States)
- Stage: Series B
- Total Funding till date: $177M
- Employee Count: 1,523 as on Jun 30, 2026
- Investors: General Atlantic, Level 5 Capital Partners and 2 Others
- Latest Funding Round: Series B, Jul 26, 2024, $*****
- Highlight: Editors' Pick
4. Heyday
Personalized skincare treatments and expert facials for accessible and effective skincare. They offer customized facial treatments, leveraging in-depth skin analysis and proprietary products to address individual skin needs. Their licensed estheticians provide expert guidance and personalized at-home routines to help clients achieve their skincare goals. They focus on education, empowering clients to understand their skin and make informed choices. The company offers a range of skincare products, including cleansers, exfoliants, moisturizers, serums, and masks, catering to diverse skincare beliefs and goals. Services include booking facials, membership options, and gift cards. They also have a blog with articles on skincare topics. The website offers features like search, login, cart, and booking options.
Key facts about Heyday
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $51M
- Employee Count: 429 as on May 31, 2026
- Investors: Fifth Wall, Rosecliff Ventures and 8 Others
- Latest Funding Round: Series B, Dec 14, 2022, $*****
- Highlight: Editors' Pick
Key facts about CorePower Yoga
- Founded Year: 2002
- Location: Denver (United States)
- Stage: Acquired
- Employee Count: 4,720 as on Jun 30, 2026
- Investors: Balance Point Capital, Rx3 Growth Partners and 3 Others
- Latest Funding Round: PE, Sep 19, 2016, $*****
- Highlight: Acquired
Level 5 Capital Partners' Year-on-Year Investment Trends
Level 5 Capital Partners has invested in 10 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in 2U Laundry and most recent follow-on round was in Heyday.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 2 | 1 | 3 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
Level 5 Capital Partners' Investments by Stage
Level 5 Capital Partners has made 4 investments in Series B stage with an average round size of $20M and 1 investment in Series A stage with an average round size of $8M.Stage of entry | No. of Investments |
|---|---|
Series B | 4 |
Series A | 1 |
Note: We have considered here, only first round of investments
Level 5 Capital Partners' Investments by Sector
Level 5 Capital Partners has a diverse portfolio, with companies operating in the Consumer, Healthcare and Retail. Notably, it has invested in 3 Consumer (B2C) companies and 2 Tech companies.Sector | No. of Investments |
|---|---|
Consumer | 4 |
Healthcare | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Level 5 Capital Partners' Investments by Geography
Level 5 Capital Partners has made most investments in United States (5).Level 5 Capital Partners' recent investments
Level 5 Capital Partners has not made any investment in 2026 so far.Here are the most recent investments by Level 5 Capital Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 31, 2023 | United States | Series B | 5911 | - | |
Dec 14, 2022 | United States | Series B | 4218 | - | |
Oct 13, 2022 | United States | Series B | 7879 | - | |
Oct 13, 2022 | United States | Series B | 7935 | - | |
Feb 23, 2021 | United States | Series B | 9919 | [+1] |
Acquired companies in Level 5 Capital Partners' Portfolio
2 companies from Level 5 Capital Partners' portfolio have been acquired. The most recent acquisition was Orangetheory in Dec 2021 by Level 5 Capital Partners for $*****.Here are Level 5 Capital Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 20, 2021 | - | - | 7546 | |
Mar 12, 2019 | - | - | 5154 |
Team profile of Level 5 Capital Partners
Level 5 Capital Partners has a team of 16 members including 5 Partners and 3 Principals located in United States. Level 5 Capital Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Level 5 Capital Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Atlanta | - | ||
Partner | Redwood City | - | ||
Partner | Atlanta | - | ||
Partner | Atlanta | - | ||
Partner | Atlanta | - | ||
Principal | Atlanta | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of Level 5 Capital Partners
Over the past 6 years, 14 investors have co-invested in Level 5 Capital Partners's portfolio companies. This includes only funds.
- Invested before Level 5 Capital Partners: Techstars, Cox Enterprises and 11 others have invested in rounds before Level 5 Capital Partners. There is 1 company where Techstars has invested before Level 5 Capital Partners and 1 company where Cox Enterprises has invested before Level 5 Capital Partners.
- Invested after Level 5 Capital Partners: General Atlantic (1 company) is the only investor which has invested in Level 5 Capital Partners's portfolio after their investments.
Recent News related to Level 5 Capital Partners
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Focused on the medicinal Cannabis market, Ease Labs raises 40 million reaisFusoes & Aquisicoes•Apr 04, 2024•Ease Labs Pharma, Itau BBA, Airborne, Bullside Capital and 3 others
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2ULaundry Closes $20M Series B Fundraise Led by Level 5 Capital PartnersBusiness Wire•Jan 31, 2023•2U Laundry, Level 5 Capital Partners
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Heyday raises $12 million in Series B extension roundFashion Network•Dec 15, 2022•Heyday, Level 5 Capital Partners
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112 Orangetheory Fitness Studios Purchased by Level 5 CapitalClub Industry•Jul 08, 2022•Level 5 Capital Partners, Orangetheory
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