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The Venture Codex

Five Rings

225 Liberty Street, 30th Floor, New York, NY, 10281, United States

Overview

Proprietary trading firm combining strategy, innovation, and technology.

Deals ยท 12mo

1

Links

WebsiteLinkedIn

Stage focus

Series A

Geographic focus

United States

Sector focus

Financial Services
Information Technology
Professional Services

Investment portfolio

1rounds
NAMEDATESIZE
ElectronX
Nov 2025Participated
$30 MSeries A
ElectronX
Nov 2025Participated
$30 MSeries A
1
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Five Rings: 1 funding rounds are recorded in the selected participation categories.All available history.
Five Rings: 1 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01

Monthly Deal Activity

Five Rings: 1 deals are recorded across 12 months.All available history.
Five Rings: 1 deals are recorded across 12 months. All available history
MonthDeals
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Five Rings: Fintech is the largest displayed sector by deal count (1 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Five Rings: Fintech is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Fintech1
Clean Energy & Sustainability1

Deal Size Distribution

Five Rings: 1 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Five Rings: 1 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Five Rings: United States has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Five Rings: United States has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
United States1
Five Rings: 9 co-investors are shown, with Data Collective sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Five Rings: 9 co-investors are shown, with Data Collective sharing 1 recorded deals. All available history
Co-investorShared deals
Data Collective1
Equinor Ventures1
GTS1
Innovation Endeavors1
JACS Capital1
NGP1
Shell Ventures1
Systemiq Capital1
XTX Ventures1

Investment Strategy

Five Rings: Led accounts for 0% and participating for 100% of round participation.All available history.
Five Rings: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating1100%
Five Rings: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Five Rings: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Jason McCarthy

Founder & Managing Director