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 / Upwest Labs Fund III, LP

Upwest Labs Fund III, LP

HarvestUnknownFundADV: Venture Capital FundUpwest Labs Management, LLCDelaware
Amounts, each with its basis
Vintage
2016basis: 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
$20.0Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-265747
Form D sold
$18.4Mas of the filing of Jan 29, 2018, 46 investors
First sale
Jun 28, 2016
Reported GAV
$58.4Mon the Form ADV filed Feb 26, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
29
Reported on ADV
Jun 19, 2018 to Feb 26, 2024
Fundraising evidence
Unknown
latest Form D 2018-01-29, older than 15 months (fr-1)
evidence dated Jan 29, 2018. 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
Harvest
vintage over 7 years, still reported
age years: 10first sale: 2016-06-28vintage year: $2,016adv gav as of: 2024-02-26vintage basis: form_d_first_saleform d sold usd: $18.4Mform d offering usd: $20.0Mform d latest filed at: 2018-01-29
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jun 19, 2018Venture Capital Fund$2.3M
29$50,0001%yes
Dec 10, 2018Venture Capital Fund$2.3M
29$50,0001%yes
Feb 17, 2019Venture Capital Fund$12.8M
29$50,0001%yes
Mar 11, 2020Venture Capital Fund$12.8M
29$50,0001%yes
Apr 30, 2021Venture Capital Fund$23.2M
29$50,0001%yes
Mar 29, 2022Venture Capital Fund$65.6M
29$50,0001%yes
Feb 16, 2023Venture Capital Fund$69.3M
29$50,0001%yes
Feb 26, 2024Venture Capital Fund$58.4M
29$50,0001%yes
Principals and agents
2 principals on Form D, 0 placement agents
  • GIL Ben-Artzy Executive Officer
  • a Delaware limited liability company UpWest Labs III, LLC Executive Officer
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. Jun 19, 2018
    Upwest Labs Fund III, LP first reported on Form ADV by Upwest Labs Management, LLC (Venture Capital Fund), GAV $2,308,439
    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)
  2. Jan 29, 2018
    UpWest Labs Fund III, L.P. filed Form D/A: $18,398,333 sold of $20,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jun 24, 2016
    UpWest Labs Fund III, L.P. filed Form D: no sales yet of $20,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle