UP
UP last closed a fund in March 2025 — 20 months ago.
It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 14
- Single-deal SPVs
- 6
- Capital raised
- $638M
- Latest close
- March 2025
- Based in
- CA, WA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| UP Labs Fund I, L.P. | March 2025 | $200M | 0002060752 ↗ |
| UP Ventures II, L.P. | March 2024 | $230M | 0001997507 ↗ |
| UP Funds, LP - C3 | July 2023 | $170,500 | 0001982720 ↗ |
| UP Funds, LP - C2 | May 2023 | $1M | 0001972050 ↗ |
| UP Funds, LP - C1 | January 2023 | $668,250 | 0001961183 ↗ |
| UP Funds, LP - B4 | October 2022 | $2M | 0001949001 ↗ |
| UP Funds, LP - B3 | July 2022 | $1M | 0001935515 ↗ |
| UP Funds, LP - B2 | April 2022 | $984,485 | 0001921281 ↗ |
| UP Funds, LP - B1 | January 2022 | $1M | 0001898966 ↗ |
| UP Funds, LP - A4 | October 2021 | $329,515 | 0001892652 ↗ |
| UP Funds, LP - A3 | August 2021 | $346,495 | 0001882267 ↗ |
| UP Funds, LP - A2 | April 2021 | $343,995 | 0001871188 ↗ |
| UP Funds, LP - A1 | March 2021 | $216,495 | 0001839639 ↗ |
| UP Ventures I, L.P. | — | $200M | 0001810955 ↗ |
| UP Ventures SPV M2, LLC | November 2025 | $2M | 0002093511 ↗ |
| UP Ventures SPV P, LLC | September 2025 | $2M | 0002089417 ↗ |
| UP Ventures SPV S2, LLC | May 2022 | $645,000 | 0001863016 ↗ |
| UP Ventures SPV M, LLC | April 2022 | $8M | 0001919577 ↗ |
| MO Fund I, a series of UP Funds, LP | January 2022 | $504,000 | 0001904710 ↗ |
| UP Ventures SPV S, LLC | March 2021 | $13M | 0001848299 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Benjamin Marcus, Cyrus Sigari, Adam Grosser, John Kuolt
What UP invests in
- Typical fund
- $1M median, pre-seed / seed scale
- Website
- up.partners
Service providers
- Fund administrator
- AngelList (Belltower) (11 funds), Aduro (7 funds)
- Auditor
- Sensiba (2 funds)
From Form ADV filed by PLATFORM ADVISOR, LLC CRD 167700 ↗, latest filing June 2026, covering 18 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.