Upfront VII, L.P.
Upfront VII, L.P. is a venture capital fund based in Santa Monica, California. According to its most recent Form D, filed Jul 26, 2022, it has sold $280,158,300 of interests to 52 investors since its first sale in Jun 2020. 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 Upfront GP VII, LLC; Mark Suster.
- Total raised
- $280,158,300Cumulative sales reported on Form D
- Investors
- 52
- First sale
- Jun 24, 2020
- 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
- Upfront GP VII, LLC; Mark Suster
- Latest Form D
- Jul 26, 2022
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 Upfront VII, L.P.
What is the minimum investment for Upfront VII, L.P.?
Upfront VII, L.P.'s latest Form D, filed Jul 26, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Upfront VII, L.P.?
Upfront VII, 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 Upfront VII, L.P. raised?
Upfront VII, L.P. reports $280,158,300 sold from 52 investors on its Form D filed Jul 26, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Upfront VII, L.P. based?
Upfront VII, L.P. is based in Santa Monica, California.
When did Upfront VII, L.P. launch?
Upfront VII, L.P. reports its first sale in Jun 2020.
Size compared with every venture capital fund
Raised more than 97% of the 2,216 venture capital funds based in California, and more than 99% of all 14,800 that report sales.