AltMountain

UP Funds, LP - C2

Seattle, WA · CIK 1972050
506(c)
Status: no Form D since Aug 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

UP Funds, LP - C2 is a venture capital fund based in Seattle, Washington. According to its most recent Form D, filed Aug 22, 2023, it has sold $1,115,368 of interests to 26 investors since its first sale in May 2023. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ltd. Belltower Fund Group; LLC Fund GP.

Total raised
$1,115,368Cumulative sales reported on Form D
Investors
26
First sale
May 11, 2023
Minimum investment
$5,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Ltd. Belltower Fund Group; LLC Fund GP
Latest Form D
Aug 22, 2023

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about UP Funds, LP - C2

What is the minimum investment for UP Funds, LP - C2?

According to its latest Form D, filed Aug 22, 2023, the minimum investment UP Funds, LP - C2 accepts from an outside investor is $5,000.

Who can invest in UP Funds, LP - C2?

UP Funds, LP - C2 is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has UP Funds, LP - C2 raised?

UP Funds, LP - C2 reports $1,115,368 sold from 26 investors on its Form D filed Aug 22, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is UP Funds, LP - C2 based?

UP Funds, LP - C2 is based in Seattle, Washington.

When did UP Funds, LP - C2 launch?

UP Funds, LP - C2 reports its first sale in May 2023.

Size compared with every venture capital fund

Raised more than 85% of the 5,429 venture capital funds based in Washington, and more than 63% of all 14,840 that report sales.

More venture capital funds in Seattle