CSC Upshot Ventures Management, LLC

Institutional venture firmSEC-registered adviserClassification probable· Palo Alto, CaliforniaCSC-UPSHOT.VC

Institutional venture firm, based in Palo Alto, California, reporting $216M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$216M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
3
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

3 additional team members, 17 additional co-investors and affiliates, 9 additional investments, funds and LPs, 9 events, 2 verified contacts (1 published business email, 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.

Nothing material in the last 180 days.

People to know

View all people
  • Managing Member Of Csc Upshot Ventures Management Gp, Llc
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member Of Csc Upshot Ventures Management, Llc
    Why: Named with investment responsibility
    No route on file yet
  • Shareholder
    Why: Named with investment responsibility
    No route on file yet

Relationship network

37 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.

Reading the network
  • 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 CSC Upshot Ventures Management, 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 CSC Upshot Ventures Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

12 companies on record, 0 new in 12 months

Investments on record

12 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Adarza BioSystemsportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
AiFi Inc.portfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website
AirCareportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

Stated thesis versus observed behaviour

12 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, healthcare, biotech, marketplaces, data infrastructure, logistics
Stages
seed, early
Geography
asia, globally, india
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
angel
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 92%Other 8%
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

5 current, 4 departed

Decision makers

who to call first, and why; then everyone else by function
  • Huoyming Yeh · Managing Member Of Csc Upshot Ventures Management Gp, Llc
    Why this person: Named with investment responsibility
  • LI Li · Managing Member Of Csc Upshot Ventures Management, Llc
    Why this person: Named with investment responsibility
  • Xiangshuang Shan · Shareholder
    Why this person: Named with investment responsibility

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

5 current, 4 departed
4 departed (kept with end dates)
  • Purvi Gandhi-Kapoor · Member Of Csc Upshot Ventures Management Gp, Llc · May 1, 2018 to Mar 30, 2021 Inference
  • Tom Cole · Managing Member Of Csc Upshot Ventures Management Gp, Llc · Oct 1, 2015 to Mar 28, 2019 Inference
  • Veronica Wu · Member Of Csc Upshot Ventures Management, Llc · Oct 1, 2015 to Mar 30, 2021 Inference

Contacts

1 published business email, 1 firm phone

1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

1 vehicle, 0 LPs disclosed

Funds and vehicles

1 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
CSC Upshot Ventures I, L.P.FundunknownUnknown$216M
Mar 31, 2026
6$0
of $50.0M
Mar 30, 2016

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

19 co-investors · on 1 other DFX graph

Co-investors

19 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

CSC Upshot Ventures Management, LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

14 dated events, 69 observations from 3 sources

Timeline

14 dated events
  1. seen on or beforeSep 24, 2026
    CSC Upshot Ventures Management, LLC: ANGEL_FUND -> INSTITUTIONAL_VC (venture manager, reported GAV $216M across 1 vehicles)
    Classification changedClassificationInference
  2. seen on or beforeSep 14, 2026
    CSC Upshot Ventures Management, LLC: INSTITUTIONAL_VC -> ANGEL_FUND (name or self-description says angel)
    Classification changedClassificationInference
  3. Mar 30, 2022
    Kathy Kyoko Pommet (Chief Compliance Officer) no longer on Schedule A of CSC Upshot Ventures Management, LLC
    Person leftPeopleInferenceKathy Kyoko PommetForm ADV
  4. Feb 1, 2022
    Laura Kathleen Garner joined Schedule A of CSC Upshot Ventures Management, LLC as Chief Compliance Officer
    Person joinedPeopleFactLaura Kathleen GarnerForm ADV
  5. Mar 30, 2021
    Veronica Wu (Member Of Csc Upshot Ventures Management, Llc) no longer on Schedule A of CSC Upshot Ventures Management, LLC
    Person leftPeopleInferenceVeronica WuForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 1 private fundsShow
Headquarters
Palo Alto, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 31, 2026
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$216Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$219Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
3
Owners on Schedule A
China Science & Merchants Investment Management Group Co., Ltd. (Shareholder), owns 75% or more; Shanghai Evergreen Investment Ltd (Member), owns 75% or more; CSC Sv GP Ltd. (Member Of Csc Upshot Ventures Management Gp, Llc), owns 50% to 75%

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $216M across 1 vehicle
  2. Sep 14, 2026
    Angel fund or group (probable, 80%)
    Name or self-description says angel
  3. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $290M across 1 vehicle

Evidence

70 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 28, 2024FactForm ADV
First Form ADV filing2016-07-01Mar 31, 2026FactForm ADV
First Form ADV filing2016-07-01Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusApprovedMar 31, 2026FactForm ADV
SEC status effective2020-07-28Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Employees3Mar 31, 2026FactForm ADV
Employees4Mar 28, 2024FactForm ADV
HeadquartersMar 31, 2026FactForm ADV
HeadquartersMar 28, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Self-described typeangelSep 16, 2026Fact
Self-described typeangelSep 14, 2026Fact
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported1Mar 31, 2026FactForm ADV
Private funds reported1Mar 31, 2026FactForm ADV
Private funds reported1Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$216MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$216MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$290MMar 28, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$219MMar 31, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$295MMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated geographyAsia, globally, india
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyAsia, globally, india
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, biotech, marketplaces, data infrastructure, logistics
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, fintech, healthcare, biotech, marketplaces, data infrastructure, logistics
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesSeed, early
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeed, early
“stage words on the home page”
Sep 14, 2026Fact
Venture funds reported1Mar 31, 2026FactForm ADV
Venture funds reported1Mar 31, 2026FactForm ADV
Venture funds reported1Mar 28, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
35
elevated
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firm · probableSEC registered investment adviser

Venture manager, reported GAV $216M across 1 vehicle

The inputs behind each score
importance
gav: 0.4 · funds: 0.08 · people: 0.28 · investments: 0.4 · co investors: 0.52
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 1 · reported gav: $216M · first adv filing: 2016-07-01 · years since first filing: 10.3

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

3 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Organization classification changed
    2026-09-14
  • Adviser's first ADV filing
    2016-07-01source 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.

Not yet on record: latest vintage.