DFX Intelligence
UP Ventures I, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +19%reported GAV
Reported gross assets rose from $239M to $284M between the Form ADV filings of 13 Mar 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- $200Mwhat may be sold, not what was raised; file 021-367865, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of May 28, 2020
- First sale
- unknown
- Reported GAV
- $284Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 84
- Reported on ADV
- Jul 7, 2020 to Mar 31, 2026
Fundraising evidence
What counts as raisingA 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.Unknown
latest Form D 2020-05-28, older than 15 months (fr-1)
evidence dated May 28, 2020.
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Mar 31, 2026vintage basis: n/aform d sold: $0form d offering: $200Mform d latest filed at: May 28, 2020
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jul 7, 2020 | Venture Capital Fund | $60.0M | 15 | 1% | no | ||
| Feb 25, 2021 | Venture Capital Fund | $77.0M | 29 | 1% | no | ||
| Mar 17, 2022 | Venture Capital Fund | $221M | 84 | 1% | yes | ||
| Mar 8, 2023 | Venture Capital Fund | $228M | 84 | 1% | yes | ||
| Mar 13, 2024 | Venture Capital Fund | $239M | 84 | 1% | yes | ||
| Mar 31, 2026 | Venture Capital Fund | $284M | 84 | 1% |
Principals and agents
3 principals on Form D, 0 placement agents
- UP Ventures GP I, LLC Director
- Cyrus Sigari Director
- Benjamin Marcus Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorSENSIBA SAN FILIPPO LLP · PLEASANTON, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · DENVER, Colorado, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSTIFEL FINANCIAL CORP · ST LOUIS, Missouri, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).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.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Horizon Charitable Foundation | FOUNDATION | $821,394 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Jul 7, 2020UP Ventures I, L.P. first reported on Form ADV by UP Partners Management Company, LLC (Venture Capital Fund), GAV $60,000,000Fund first reported on Form ADV Fact Form ADV
- May 28, 2020UP Ventures I, L.P. filed Form D: no sales yet of $200,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
30 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership May 28, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund May 28, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund May 28, 2020 Fact Form D
- Amendment: false Fact Form D
- Amendment: false May 28, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose May 28, 2020 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears May 28, 2020 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware May 28, 2020 Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $0 May 28, 2020 Fact Form D
- Offering amount (Form D): $200M Fact Form D
- Offering amount (Form D): $200M May 28, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 May 28, 2020 Fact Form D
- Investors (Form D): 0 Fact Form D
- Investors (Form D): 0 May 28, 2020 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 May 28, 2020 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled May 28, 2020 Fact Form D
- Office address: Fact Form D
- Office address: May 28, 2020 Fact Form D
- Year of incorporation: 2020 Fact Form D
- Year of incorporation: 2020 May 28, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
UP Ventures I, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2020-07-07source on record
- Form D filed2020-05-28source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.