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.
Funds / Upfront VII, L.P.
Upfront VII, L.P.
Amounts, each with its basis
- Vintage
- 2020basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $280Mwhat may be sold, not what was raised; file 021-369545, sworn by the adviser or filed under this vehicle
- Form D sold
- $280Mas of the filing of Jul 26, 2022, 52 investors
- First sale
- Jun 24, 2020
- Reported GAV
- $93.2Mon the Form ADV filed Mar 26, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 52
- Reported on ADV
- Apr 1, 2021 to Mar 26, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-07-26: the stated $280.2M offering reported fully sold (fr-1)
evidence dated Jul 26, 2022. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Mature
vintage 4 to 7 years
age years: 6first sale: 2020-06-24vintage year: $2,020adv gav as of: 2024-03-26vintage basis: form_d_first_saleform d sold usd: $280Mform d offering usd: $280Mform d latest filed at: 2022-07-26
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 1, 2021 | Venture Capital Fund | $0 | 28 | 0% | no | ||
| Oct 25, 2021 | Venture Capital Fund | $195M | 28 | 0% | yes | ||
| Nov 2, 2021 | Venture Capital Fund | $195M | 28 | 0% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $270M | 52 | 3% | yes | ||
| Sep 16, 2022 | Venture Capital Fund | $270M | 52 | 3% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $62.6M | 52 | 3% | yes | ||
| Apr 14, 2023 | Venture Capital Fund | $62.6M | 52 | 3% | yes | ||
| Jul 14, 2023 | Venture Capital Fund | $62.6M | 52 | 3% | yes | ||
| Mar 26, 2024 | Venture Capital Fund | $93.2M | 52 | 3% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- Upfront GP VII, LLC Director
- Mark Suster Director
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Jul 26, 2022Upfront VII, L.P. filed Form D/A: $280,158,300 sold of $280,158,300, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Apr 1, 2021Upfront VII, L.P. first reported on Form ADV by Upfront Ventures (Venture Capital Fund)Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jun 23, 2020Upfront VII, L.P. filed Form D: no sales yet of $280,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $280M Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $280M Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $280M Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $280M Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2020-06-24 Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 52 Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1314 7TH STREET, SANTA MONICA, CA, 90401 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1314 7TH STREET, SANTA MONICA, CA, 90401 Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1314 7TH STREET, SANTA MONICA, CA, 90401 Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jul 26, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2020 Jun 23, 2020 Fact SEC EDGAR Form D data sets (quarterly)