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.

MatureClosed to new capitalFundADV: Venture Capital FundUpfront VenturesDelaware
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
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Apr 1, 2021Venture Capital Fund$0
280%no
Oct 25, 2021Venture Capital Fund$195M
280%yes
Nov 2, 2021Venture Capital Fund$195M
280%yes
Mar 31, 2022Venture Capital Fund$270M
523%yes
Sep 16, 2022Venture Capital Fund$270M
523%yes
Mar 29, 2023Venture Capital Fund$62.6M
523%yes
Apr 14, 2023Venture Capital Fund$62.6M
523%yes
Jul 14, 2023Venture Capital Fund$62.6M
523%yes
Mar 26, 2024Venture Capital Fund$93.2M
523%yes
Principals and agents
2 principals on Form D, 0 placement agents
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
  1. Jul 26, 2022
    Upfront VII, L.P. filed Form D/A: $280,158,300 sold of $280,158,300, Venture Capital Fund
  2. Apr 1, 2021
    Upfront VII, L.P. first reported on Form ADV by Upfront Ventures (Venture Capital Fund)
  3. Jun 23, 2020
    Upfront VII, L.P. filed Form D: no sales yet of $280,000,000, Venture Capital Fund
Evidence
46 observations
Every observation on this vehicle