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 Secondary I, L.P.
Upfront Secondary I, L.P.
Amounts, each with its basis
- Vintage
- 2024basis: adv first reported
- 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
- $50.0Mwhat 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 general partner the adviser swears for this fund, 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 021-501050
- Form D sold
- $0as of the filing of Dec 28, 2023
- First sale
- unknown
- Reported GAV
- $0on the Form ADV filed Mar 26, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Mar 26, 2024 to Mar 26, 2024
Fundraising evidence
Unknown
latest Form D 2023-12-28, older than 15 months (fr-1)
evidence dated Dec 28, 2023. 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
Early deployment
vintage within 2 years
age years: 2first sale: n/avintage year: $2,024adv gav as of: 2024-03-26vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $50.0Mform d latest filed at: 2023-12-28
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2024 | Venture Capital Fund | $0 | 1 | 1% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Upfront Secondary GP I, LLC Director
- Stuart Lander 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
2 events
- Mar 26, 2024Upfront Secondary I, 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)
- Dec 28, 2023Upfront Secondary I, L.P. filed Form D: no sales yet of $50,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1314 7TH STREET, SANTA MONICA, CA, 90401 Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Dec 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)