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CSC Upshot

North America, California, United States, Palo Alto

Description

CSC Upshot Ventures is an early-stage venture capital fund based in Palo Alto, California, strategically positioned within the heart of Silicon Valley. Established in 2017, the firm operates as the US venture arm of CSC Group, a prominent Chinese financial services conglomerate. This affiliation provides CSC Upshot with significant capital backing and a global perspective, enabling it to pursue its core mission of providing seed capital to technology companies poised for rapid scale. Their investment thesis centers on identifying innovative startups with high growth potential, particularly within sectors critical to the evolving digital economy.

The fund primarily targets technology companies in areas such as artificial intelligence, big data, cloud computing, and enterprise software. CSC Upshot seeks out businesses that demonstrate a clear path to market leadership and significant scalability, often participating in syndicated rounds alongside other notable venture firms. While their focus is on seed-stage investments, their definition of "seed capital" often extends to larger seed rounds or early Series A investments, reflecting their commitment to companies with substantial growth ambitions. They aim to be more than just capital providers, leveraging their deep understanding of the technology landscape and their parent company's extensive network to support portfolio companies.

CSC Upshot typically deploys first checks ranging from $1,000,000 to $5,000,000, aligning with their strategy to back high-potential startups that require substantial initial capital to achieve scale. Since its inception, the firm has actively invested in over a dozen funding rounds, demonstrating a consistent commitment to the early-stage technology ecosystem. Their portfolio includes companies like StreamNative and DataVisor, showcasing their diverse interests across impactful tech verticals. This strategic approach, combined with the robust backing of CSC Group, positions CSC Upshot Ventures as a significant player in the early-stage venture landscape, particularly for founders seeking capital and strategic support for ambitious growth.

Investor Profile

CSC Upshot has backed more than 316 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 5% of its total and boasts 73 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (65%)
  • Series A (21%)
  • Series B (9%)
  • Series Unknown (3%)
  • Pre Seed (1%)
  • Series C (1%)

Country Focus

  • United States (93%)
  • United Kingdom (2%)
  • Canada (1%)
  • Brazil (1%)
  • Colombia (1%)

Industry Focus

  • Software
  • Saas
  • Artificial Intelligence (Ai)
  • Health Care
  • Financial Services
  • Fintech
  • Enterprise Software
  • Information Technology
  • Machine Learning
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does CSC Upshot frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 11
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 13
FundersClub
North America, California, United States, San Francisco
Co-Investments: 15
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 13
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 40
Abstract Ventures
North America, California, United States, San Francisco
Co-Investments: 14
SV Angel
North America, California, United States, San Francisco
Co-Investments: 17
HC
North America, California, United States, Palo Alto
Co-Investments: 15
Initialized Capital
North America, California, United States, San Francisco
Co-Investments: 10
Haystack
North America, California, United States, San Francisco
Co-Investments: 9

Which angels does CSC Upshot often collaborate with?

WG
North America, California, United States, San Francisco
Shared Deals: 7
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 8
TW
North America, California, United States, San Francisco
Shared Deals: 5
EL
North America, Florida, United States, Miami Beach
Shared Deals: 5
LB
North America, California, United States, San Francisco
Shared Deals: 8
SR
North America, California, United States, Berkeley
Shared Deals: 5
NR
North America, California, United States, San Francisco
Shared Deals: 8
KV
North America, California, United States, San Francisco
Shared Deals: 5
LL
North America, New York, United States, New York
Shared Deals: 5
IA
North America, California, United States, San Francisco
Shared Deals: 5

What are some of recent deals done by CSC Upshot?

Vantage Robotics

San Leandro, California, United States

Vantage Robotics is a technology company that makes aerial videos easy for commercial operations over people.

RoboticsSoftwareVideo
Series UnknownMay 5, 2023
Vivid Vision

San Francisco, California, United States

Vivid Vision uses cutting edge technology to create unique vision tests and treatments.

3D TechnologyAppsHealth CareSoftwareVideo GamesVirtual Reality
Series AMar 13, 2020
Truepill

Hayward, California, United States

Truepill provides an API-connected healthcare infrastructure designed to revolutionize the patient experience.

Health CareMedicalmHealthPharmaceutical
Series AMar 12, 2019
Amount Raised: $10,000,000
Tigera

San Francisco, California, United States

Active, zero-trust based security for containers and Kubernetes

Cloud SecurityComplianceCyber SecurityDevOpsEnterprise SoftwareNetwork SecurityOpen SourceSaaSSecuritySoftware
Series BDec 12, 2018
Amount Raised: $30,000,000
Intermix.io

San Francisco, California, United States

Intermix.io is single monitoring dashboard that helps data engineers keep an eye on their critical data flows.

Application Performance ManagementCloud ComputingEnterpriseEnterprise SoftwareSaaSSoftware
SeedMay 1, 2018
Amount Raised: $3,060,000
Cobalt

San Mateo, California, United States

Cobalt Robotics is a service robotics company designed to enhance operational effectiveness, starting with physical security and facilities.

Artificial Intelligence (AI)RoboticsSecurity
Series AMar 30, 2018
Amount Raised: $13,000,000
Chia Network

San Francisco, California, United States

Chia Network is building a blockchain platform based on Proofs of Space and Time.

BlockchainCryptocurrencyFinTech
SeedMar 28, 2018
Amount Raised: $3,395,000
Starsky Robotics

San Francisco, California, United States

Starsky Robotics is an autonomous trucking company that aims to make roads safer while also providing employment for truck drivers.

Autonomous VehiclesLogisticsRoboticsTransportation
Series AMar 8, 2018
Amount Raised: $16,500,000
Uplevel Security

New York, New York, United States

Uplevel Security offers adaptive system of intelligence that uses graph theory and machine learning to modernize security operations.

Cloud SecurityCyber SecurityData VisualizationIntelligent SystemsMachine Learning
SeedFeb 6, 2018
DotDashPay

San Francisco, California, United States

Payments and Loyalty software platform.

Developer PlatformE-CommerceElectronicsFinancial ServicesInformation TechnologyLoyalty ProgramsPaymentsRetail Technology
Series UnknownJan 1, 2018