Upstream LLC is a private equity fund based in Roanoke, Texas. According to its most recent Form D, filed Apr 30, 2026, it has sold $250,000 of interests to 1 investor since its first sale in Apr 2026. The minimum investment it accepts from an outside investor is $62,500. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Austin Williams.
- Total raised
- $250,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 13, 2026
- Minimum investment
- $62,500
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Austin Williams
- Latest Form D
- Apr 30, 2026
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 Upstream LLC
What is the minimum investment for Upstream LLC?
According to its latest Form D, filed Apr 30, 2026, the minimum investment Upstream LLC accepts from an outside investor is $62,500.
Who can invest in Upstream LLC?
Upstream LLC 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 Upstream LLC raised?
Upstream LLC reports $250,000 sold from 1 investor on its Form D filed Apr 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Upstream LLC based?
Upstream LLC is based in Roanoke, Texas.
When did Upstream LLC launch?
Upstream LLC reports its first sale in Apr 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 47% of the 1,472 private equity funds based in Texas, and more than 9% of all 9,142 that report sales.