Updata Partners V, L.P.
Updata Partners V, L.P. is a venture capital fund based in Washington, District of Columbia. According to its most recent Form D, filed Jun 30, 2016, it has sold $280,612,000 of interests to 7 investors since its first sale in Dec 2014. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James Socas; Upgp V, LLC; Jonathan Seeber.
- Total raised
- $280,612,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Dec 18, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- James Socas; Upgp V, LLC; Jonathan Seeber
- Latest Form D
- Jun 30, 2016
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 Updata Partners V, L.P.
What is the minimum investment for Updata Partners V, L.P.?
Updata Partners V, L.P.'s latest Form D, filed Jun 30, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Updata Partners V, L.P.?
Updata Partners V, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Updata Partners V, L.P. raised?
Updata Partners V, L.P. reports $280,612,000 sold from 7 investors on its Form D filed Jun 30, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Updata Partners V, L.P. based?
Updata Partners V, L.P. is based in Washington, District of Columbia.
When did Updata Partners V, L.P. launch?
Updata Partners V, L.P. reports its first sale in Dec 2014.
Size compared with every venture capital fund
Raised more than 97% of the 37 venture capital funds based in District of Columbia, and more than 99% of all 14,840 that report sales.