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 / Updata Partners V, L.P.
Updata Partners V, L.P.
Amounts, each with its basis
- Vintage
- 2014basis: 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
- $281Mwhat may be sold, not what was raised; file 021-230341, sworn by the adviser or filed under this vehicle
- Form D sold
- $281Mas of the filing of Jun 30, 2016, 7 investors
- First sale
- Dec 18, 2014
- Reported GAV
- $356Mon the Form ADV filed Mar 24, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 8
- Reported on ADV
- Dec 23, 2014 to Mar 24, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-06-30: the stated $280.6M offering reported fully sold (fr-1)
evidence dated Jun 30, 2016. 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: 12first sale: 2014-12-18vintage year: $2,014adv gav as of: 2024-03-24vintage basis: form_d_first_saleform d sold usd: $281Mform d offering usd: $281Mform d latest filed at: 2016-06-30
The fund's own reporting through time
11 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 23, 2014 | Venture Capital Fund | $102M | 3 | $5.0M | 2% | yes | |
| Mar 24, 2015 | Venture Capital Fund | $101M | 3 | $5.0M | 2% | yes | |
| Mar 23, 2016 | Venture Capital Fund | $163M | 4 | $5.0M | 2% | yes | |
| Mar 23, 2017 | Venture Capital Fund | $281M | 8 | $5.0M | 2% | yes | |
| Mar 27, 2018 | Venture Capital Fund | $324M | 8 | $5.0M | 2% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $428M | 8 | $5.0M | 2% | yes | |
| Mar 26, 2020 | Venture Capital Fund | $533M | 8 | $5.0M | 2% | yes | |
| Mar 25, 2021 | Venture Capital Fund | $399M | 8 | $5.0M | 2% | yes | |
| Mar 28, 2022 | Venture Capital Fund | $487M | 8 | $5.0M | 2% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $344M | 8 | $5.0M | 2% | yes | |
| Mar 24, 2024 | Venture Capital Fund | $356M | 8 | $5.0M | 2% | yes |
Principals and agents
6 principals on Form D, 1 placement agents
- Carter Griffin Executive Officer
- Updata Associates V, L.P. Executive Officer
- Barry Goldsmith Executive Officer
- James Socas Executive Officer
- Upgp V, LLC Executive Officer
- Jonathan Seeber Executive Officer
- Probitas Funds Group, LLC placement agent
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
4 events
- Jun 30, 2016Updata Partners V, L.P. filed Form D/A: $280,612,000 sold of $280,612,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 17, 2016Updata Partners V, L.P. filed Form D/A: $160,000,000 sold of $275,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Dec 23, 2014Updata Partners V, L.P. first reported on Form ADV by Updata Partners (Venture Capital Fund), GAV $102,040,816Fund 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)
- Dec 17, 2014Updata Partners V, L.P. filed Form D: no sales yet of $225,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $281M Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $160M Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $281M Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $275M Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $225M Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-12-18 Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-12-18 Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 7 Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 4 Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2099 PENNSYLVANIA AVE NW, SUITE 851, WASHINGTON, DC, 20006 Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2099 PENNSYLVANIA AVE NW, SUITE 851, WASHINGTON, DC, 20006 Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2099 PENNSYLVANIA AVE NW, SUITE 851, WASHINGTON, DC, 20006 Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Jun 30, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Mar 17, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Dec 17, 2014 Fact SEC EDGAR Form D data sets (quarterly)