Upstream VC Fund I, LP
Upstream VC Fund I, LP is a venture capital fund based in Salt Lake City, Utah. According to its most recent Form D, filed Dec 21, 2023, it has sold $15,274,999 of interests to 34 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include a Delaware limited liability company Upstream GP I, LLC; Chance Murray.
- Total raised
- $15,274,999Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Mar 2, 2023
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- a Delaware limited liability company Upstream GP I, LLC; Chance Murray
- Latest Form D
- Dec 21, 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 Upstream VC Fund I, LP
What is the minimum investment for Upstream VC Fund I, LP?
According to its latest Form D, filed Dec 21, 2023, the minimum investment Upstream VC Fund I, LP accepts from an outside investor is $50,000.
Who can invest in Upstream VC Fund I, LP?
Upstream VC Fund I, LP 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(b), which does not allow general advertising.
How much has Upstream VC Fund I, LP raised?
Upstream VC Fund I, LP reports $15,274,999 sold from 34 investors on its Form D filed Dec 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Upstream VC Fund I, LP based?
Upstream VC Fund I, LP is based in Salt Lake City, Utah.
When did Upstream VC Fund I, LP launch?
Upstream VC Fund I, LP reports its first sale in Mar 2023.
Size compared with every venture capital fund
Raised more than 72% of the 115 venture capital funds based in Utah, and more than 91% of all 14,875 that report sales.