DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / L•••• 5• C•••••• P•••••••• L••
L•••• 5• C•••••• P•••••••• L••
Private equity with venture activity · probableAtlanta, GAl•••••••••.comSEC registered investment adviser
Bringing expertise and capital to exceptional entrepreneurs.
registered adviser; venture funds are 0% of 24 private funds
Importance
30
moderate
Active deployment
0
low
Emerging
0
low
Completeness
81
high
Freshness
98
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- Atlanta, GAadviserinfo.sec.gov
- Office address
- 112 KROG ST. NE, UNIT D135, Atlanta, GA, 30307adviserinfo.sec.gov
- Business phone
- (773) 590-0621adviserinfo.sec.gov
- Website
- l•••••••••.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jun 14, 2024
- Private funds reported
- 24 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $427Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $427Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 27
- business email
- blakewerner@lfivecapital.comlfivecapital.compublished by the subject
- business phone
- (773) 590-0621adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- consumer
- Stages
- series b
- Geography
- atlanta, michigan, utah
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
Retailing 100%
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
12 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| A•• L•••• 5• S••• C••• L• | Fund · ADV: Private Equity Fund | 2022 adv first reported | Active deployment | $12.9M Jun 14, 2024 | 1 | unknown | unknown |
| L• B•• B••• S••• S••••• N•• F••• L•• | Fund · ADV: Private Equity Fund | 2022 adv first reported | Active deployment | $5.8M Jun 14, 2024 | 27 | unknown | unknown |
| L•••• 5• C•••••• P••••••• C••••• S••••••• C••••••••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | 2022 adv first reported | Active deployment | $2.9M Jun 14, 2024 | 1 | unknown | unknown |
| L•••• 5• C•••••• P••••••• C••••• F•••••• C••••••••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | 2022 adv first reported | Active deployment | $1.1M Jun 14, 2024 | 3 | unknown | unknown |
| L• F•••••• C••••••••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | 2021 form d first sale | Mature | $28.0M Jun 14, 2024 | 32 | $33.2M of $33.2M | Sep 9, 2021 |
| L• S••••••• C•••••••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | 2021 form d first sale | Mature | $12.6M Jun 14, 2024 | 32 | $9.3M of $9.3M | Feb 23, 2022 |
| L• B•• B••• S••• S••••• N•• F•••• L•• | Fund · ADV: Private Equity Fund | 2021 adv first reported | Mature | $8.1M Jun 14, 2024 | 20 | unknown | unknown |
| L• W••••••• C••••••••• L• | SPV or co-invest vehicle · ADV: Private Equity Fund | 2020 form d first sale | Mature | $2.5M Jun 14, 2024 | 16 | $1.9M of $1.9M | Jun 18, 2020 |
| L•••• 5• C•••••• P••••••• F••• 1• L• | Fund · ADV: Private Equity Fund | 2019 form d first sale | Mature | $125M Jun 14, 2024 | 80 | $107M of $107M | Aug 6, 2021 |
| L• B•• B••• S••• S••••• N•• T••••• L•• | Fund · ADV: Private Equity Fund | 2018 form d first sale | Harvest | $23.0M Jun 14, 2024 | 28 | $4.1M of $17.2M | Feb 28, 2019 |
| L• B•• B••• S••• S••••• N•• T••• L•• | Fund · ADV: Private Equity Fund | 2017 form d first sale | Harvest | $8.3M Jun 14, 2024 | 30 | $50,000 of $3.3M | Jan 26, 2017 |
| L• B•• B••• S••• S••••• N•• O••• L•• | Fund · ADV: Private Equity Fund | 2017 form d first sale | Harvest | $8.3M Jun 14, 2024 | 30 | $50,000 of $3.3M | Jan 26, 2017 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
3 current, 1 departed
C•••••• M•••••
Founder or executiveChairman · since Jan 1, 2017
C•••• K••••
Managing partnerManaging Partner · since Jan 1, 2017
A••• S••••••••
Platform and operationsChief Compliance Officer; Vp Of Finance · since Jun 1, 2022
1 departed (kept with end dates)
- S••• O••••• · Partner · Jan 1, 2017 to Jun 30, 2022 Inference
Investments on record
1 edges, 1 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| A••••• C••• V•••••••• L•• | board seat | unknown · board | C•••• K•••• (strongly supported) | unknown | unknown | Aug 5, 2024 | Inference SEC EDGAR Form D data sets (quarterly) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
15 dated events
- Jun 30, 2022S••• O••••• (Partner) no longer on Schedule A of L•••• 5• C•••••• P•••••••• L••
- Jun 1, 2022A••• S•••••••• joined Schedule A of L•••• 5• C•••••• P•••••••• L•• as Chief Compliance Officer; Vp Of Finance
- Mar 31, 2022L• B•• B••• S••• S••••• N•• F••• L•• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $2,800,000Fund first reported on Form ADVFundsFactL• B•• B••• S••• S••••• N•• F••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022L•••• 5• C•••••• P••••••• C••••• F•••••• C••••••••• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $1,500,000Fund first reported on Form ADVFundsFactL•••• 5• C•••••• P••••••• C••••• F•••••• C••••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022L• F•••••• C••••••••• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $42,005,000Fund first reported on Form ADVFundsFactL• F•••••• C••••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022L• S••••••• C•••••••• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $7,000,000Fund first reported on Form ADVFundsFactL• S••••••• C•••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022L•••• 5• C•••••• P••••••• C••••• S••••••• C••••••••• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $1,000,000Fund first reported on Form ADVFundsFactL•••• 5• C•••••• P••••••• C••••• S••••••• C••••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022A•• L•••• 5• S••• C••• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $4,700,000Fund first reported on Form ADVFundsFactA•• L•••• 5• S••• C••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2021L• W••••••• C••••••••• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $1,912,500Fund first reported on Form ADVFundsFactL• W••••••• C••••••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2021L• B•• B••• S••• S••••• N•• F•••• L•• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $3,500,000Fund first reported on Form ADVFundsFactL• B•• B••• S••• S••••• N•• F•••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 16, 2019L• B•• B••• S••• S••••• N•• T••••• L•• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $10,962,050Fund first reported on Form ADVFundsFactL• B•• B••• S••• S••••• N•• T••••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 16, 2019L• B•• B••• S••• S••••• N•• T••• L•• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $3,400,000Fund first reported on Form ADVFundsFactL• B•• B••• S••• S••••• N•• T••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 16, 2019L•••• 5• C•••••• P•••••••• L•• first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 16, 2019L• B•• B••• S••• S••••• N•• O••• L•• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $3,400,000Fund first reported on Form ADVFundsFactL• B•• B••• S••• S••••• N•• O••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 16, 2019L•••• 5• C•••••• P••••••• F••• 1• L• first reported on Form ADV by L•••• 5• C•••••• P•••••••• L•• (Private Equity Fund), GAV $13,182,500Fund first reported on Form ADVFundsFactL•••• 5• C•••••• P••••••• F••• 1• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 0% of 24 private funds
Evidence
40 observations from 2 sources