UP Partners Management Company, LLC
Institutional venture firm, based in Santa Monica, California, reporting $484M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
9 additional investments, funds and LPs, 6 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 3 vehicleson Form D, 18 months
$4.85M reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
Relationship network
20 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to UP Partners Management Company, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to UP Partners Management Company, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
4 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“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.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Abundance | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Overroute | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Skapion | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, energy, hardware, robotics, space, defense, logistics, industrial, media
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
3 current, 1 departed
Decision makers
- Adam Grosser · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
Who else at this firm · 2 people, grouped by function
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Partner · 2 deals attributed
- Trustee
- Trustee
1 departed (kept with end dates)
- Cyrus Sigari · Managing Director · Dec 1, 2019 to Mar 31, 2026 Fact
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
10 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| UP Ventures SPV MI1, LLC | SPV or co-invest vehicle | 2026 form d first sale | Newly closed | unknown | unknown | $1.4M of $1.4M | Jul 14, 2026 |
| UP Ventures SPV M2, LLC | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | $1.7M Mar 31, 2026 | 9 | $1.7M of $1.7M | Nov 12, 2025 |
| UP Ventures SPV P, LLC | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | $1.7M Mar 31, 2026 | 6 | $1.7M of $1.7M | Oct 1, 2025 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Horizon Charitable Foundation | FOUNDATION | UP Ventures II, L.P. | $336,378 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Horizon Charitable Foundation | FOUNDATION | UP Ventures I, L.P. | $821,394 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
2 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-011 shared deal · one time
- 2026-10-011 shared deal · one time
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
UP Partners Management Company, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
UP Partners Management Company, LLC sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
11 dated events, 56 observations from 3 sources
Timeline
- Mar 31, 2026Cyrus Sigari (Managing Director) no longer on Schedule A of UP Partners Management Company, LLC
- Mar 31, 2026UP Ventures II, L.P. first reported on Form ADV by UP Partners Management Company, LLC (Venture Capital Fund), GAV $119,237,148
- Mar 31, 2026UP Ventures Spv M2, LLC first reported on Form ADV by UP Partners Management Company, LLC (Venture Capital Fund), GAV $1,703,356
- Mar 31, 2026UP Abundance I, LP first reported on Form ADV by UP Partners Management Company, LLC (Venture Capital Fund), GAV $19,306,907
- Mar 31, 2026UP Ventures Spv P, LLC first reported on Form ADV by UP Partners Management Company, LLC (Venture Capital Fund), GAV $1,695,261
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 8 private fundsShowHide
- Headquarters
- Santa Monica, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- up.partners
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 8 (8 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $484Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- The Benjamin and Jessica Marcus Family Trust Dated January 2, 2018 (Member), owns 25% to 50%
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $484M across 10 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $272M across 9 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $272M across 4 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 13, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 13, 2024 | Fact | Form ADV |
| First Form ADV filing | 2020-07-07 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2020-07-07 | Mar 13, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-13 | Mar 13, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2020-07-07 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 13, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 13, 2024 | Fact | Form ADV | |
| Headquarters | Santa Monica, CA | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | Santa Monica, CA | Mar 13, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 13, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 13, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 13, 2026 | Fact | ||
| Private funds reported | 8 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 8 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 4 | Mar 13, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $484M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $484M | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $272M | Mar 13, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated sectors | AI, energy, hardware, robotics, space, defense, logistics, industrial, media “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | AI, energy, hardware, robotics, space, defense, logistics, industrial, media “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, energy, hardware, robotics, space, defense, logistics, industrial, media “sector words on the home page” | Sep 13, 2026 | Fact | |
| Venture funds reported | 8 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 8 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 4 | Mar 13, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Mar 13, 2024 | Fact | Form ADV | |
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $484M across 10 vehicles
- importance
- gav: 0.51 · funds: 0.83 · people: 0.08 · investments: 0.22 · co investors: 0.12
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2024-11-19
- emerging manager
- fund count: 10 · reported gav: $484M · first adv filing: 2020-07-07 · years since first filing: 6.2
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2020-07-07source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.