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.
Firms / UP Funds, LLC
UP Funds, LLC
venture manager, reported GAV $0.0M across 1 vehicles
Importance
5
low
Active deployment
33
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
100
high
Research priority
9
low
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 415 763 0210adviserinfo.sec.gov
- Website
- https://www.upekkha.io
- 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 29, 2024
- Private funds reported
- 0 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- unknownreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 415 763 0210adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, fintech, consumer, space
- Stages
- not stated or not yet read
- Geography
- bay area, global, india, worldwide
- 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
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 2
Funds and vehicles
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Upekkha Accelerator Fund I, LP | Fund | 2023 form d first sale | Active deployment | unknown | unknown | $15.9M of $40.0M | Jan 22, 2025 |
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
2 current, 0 departed
Thiyagarajan (Rajan)
Managing partnerManaging Partner
Shekar G Nair
PartnerManager · since Nov 1, 2020
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Apply to join Upekkha | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Submit Pitch | portfolio listing | unknown | unknown | unknown | unknown | Sep 13, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“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
20 relationships from shared deals, counted for the whole firm
Bling Capital LLC 1 shared · one timeKapor Capital Management Company L.L.C. 1 shared · one timeAnorak Ventures Management, LLC 1 shared · one timeCoatue Management, L.L.C. 1 shared · one timeCSC Upshot Ventures Management, LLC 1 shared · one timeSagona Capital, Inc. 1 shared · one timeFlair Ventures, Inc. 1 shared · one timeTitletowntech Ventures LLC 1 shared · one timeBase Venture Management, Inc. 1 shared · one timeCollide Capital 1 shared · one timeCRV, LLC 1 shared · one timeImpacta Vc, LLC 1 shared · one timeFulcrum Venture Group LLC 1 shared · one timeForum Ventures, LLC. 1 shared · one timeOperator Collective Management, L.L.C. 1 shared · one timeWedbush Ventures Management 1 shared · one timeRock Health Capital 1 shared · one timeFriends & Family Capital Management, LLC 1 shared · one timeAmplify Partners 1 shared · one timeDorm Room Fund 1 shared · one time
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
3 dated events
- Sep 16, 2026Submit Pitch no longer listed on UP Funds, LLC's portfolio pageRemoved from portfolio pagePortfolioInferenceSubmit PitchVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 12, 2026UP Funds, LLC: INSTITUTIONAL_VC -> MICRO_VC (venture manager, reported GAV $0.0M across 1 vehicles)Classification changedClassificationInferenceno URL
- Jun 17, 2021UP Funds first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $0.0M across 1 vehicles
- Sep 12, 2026Institutional venture firm (probable, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
25 observations from 2 sources