
Upfront Ventures
Description
Upfront Ventures is a prominent early-stage venture capital firm based in Santa Monica, California, with a strong focus on technology companies. Established as one of the longest-standing VC firms in Southern California, it primarily targets Seed and Series A investments, often serving as the first institutional capital provider for promising startups. The firm's investment thesis centers on identifying disruptive technologies and visionary founders across various sectors, including consumer, enterprise software, fintech, and digital media.
Upfront Ventures is known for its hands-on approach, providing significant operational support and strategic guidance to its portfolio companies. They aim to build long-term partnerships, leveraging their extensive network and deep industry expertise to help founders scale their businesses. The firm has a track record of backing companies that have achieved significant exits and growth, contributing substantially to the tech ecosystem, particularly in Southern California.
With over $3 billion in capital raised across multiple funds, Upfront Ventures is a substantial player in the early-stage investment landscape. Their commitment to new ventures is evident in their recent fundraising efforts, such as the closing of Upfront VIII, a $280 million fund in 2022, dedicated to early-stage investments. This capital allows them to write initial checks typically ranging from $500,000 for Seed rounds up to $10 million for Series A, often leading these financing rounds. Their portfolio includes notable successes like Ring (acquired by Amazon) and Maker Studios (acquired by Disney), showcasing their ability to identify and nurture high-growth potential.
Investor Profile
Upfront Ventures has backed more than 389 startups, with 14 new investments in the last 12 months alone. The firm has led 128 rounds, about 33% of its total and boasts 81 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, France.
- Strong thematic focus on Software, E-Commerce, Internet.
- Led 7 rounds in the past year.
- Typical check size: $500K – $10M.
Stage Focus
- Seed (27%)
- Series A (26%)
- Series B (16%)
- Series Unknown (15%)
- Series C (8%)
- Series D (3%)
- Pre Seed (2%)
- Series E (1%)
- Corporate Round (1%)
- Convertible Note (1%)
Country Focus
- United States (95%)
- United Kingdom (2%)
- France (2%)
- Canada (1%)
Industry Focus
- Software
- E-commerce
- Internet
- Health Care
- Artificial Intelligence (Ai)
- Information Technology
- Financial Services
- Fintech
- Mobile
- Saas
Frequently Asked Questions
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