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UpHonest Capital

North America, California, United States, Palo Alto

Description

UpHonest Capital is an early-stage venture capital firm based in Palo Alto, California, founded in 2015. The firm positions itself as an industry-agnostic investor, partnering with companies from the pre-seed stage through Series A. Their investment philosophy centers on identifying and supporting promising startups with high growth potential, often leveraging their global network to facilitate market expansion and strategic partnerships for their portfolio companies.

With a broad investment mandate, UpHonest Capital has built a diverse portfolio spanning various sectors, including enterprise software, fintech, healthcare, consumer tech, and artificial intelligence. The firm has demonstrated a significant commitment to the early-stage ecosystem, having made over 400 investments since its inception. This extensive activity highlights their proactive approach to sourcing and backing innovative ventures, with more than 100 of their portfolio companies successfully progressing to Series B or later funding rounds.

UpHonest Capital manages substantial capital, with over $500 million in assets under management. Their most recent fund, Fund V, closed in May 2023 with $200 million, further solidifying their capacity to deploy significant capital into emerging companies. Typically, UpHonest Capital invests between $500,000 and $2 million in pre-seed and seed-stage rounds. For Series A investments, their check sizes can extend up to $5 million, reflecting their ability to provide substantial support as companies scale.

Investor Profile

UpHonest Capital has backed more than 281 startups, with 15 new investments in the last 12 months alone. The firm has led 7 rounds, about 2% of its total and boasts 29 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, China, Singapore.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (60%)
  • Series A (14%)
  • Pre Seed (11%)
  • Angel (5%)
  • Series Unknown (4%)
  • Convertible Note (2%)
  • Series B (1%)
  • Series C (1%)
  • Grant (1%)
  • Corporate Round (1%)

Country Focus

  • United States (88%)
  • China (3%)
  • Singapore (2%)
  • Canada (1%)
  • United Kingdom (1%)
  • Malaysia (1%)
  • Hong Kong (1%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Health Care
  • E-commerce
  • Internet
  • Saas
  • Machine Learning
  • Robotics
  • Biotechnology
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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 UpHonest Capital frequently co-invest with?

Soma Capital
North America, California, United States, San Francisco
Co-Investments: 21
500 Global
North America, California, United States, San Francisco
Co-Investments: 8
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 21
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 68
SV Angel
North America, California, United States, San Francisco
Co-Investments: 13
Pareto Holdings
North America, Florida, United States, Miami
Co-Investments: 11
Fifty Years
North America, California, United States, San Francisco
Co-Investments: 9
CSC Upshot
North America, California, United States, Palo Alto
Co-Investments: 9
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 13
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 9

Which angels does UpHonest Capital often collaborate with?

EM
North America, California, United States, San Francisco
Shared Deals: 6
WG
North America, California, United States, San Francisco
Shared Deals: 103
EL
North America, Florida, United States, Miami Beach
Shared Deals: 13
SR
North America, California, United States, Berkeley
Shared Deals: 4
BF
North America, California, United States, San Francisco
Shared Deals: 5
AD
North America, California, United States, Palo Alto
Shared Deals: 4
EC
North America, California, United States, Burlingame
Shared Deals: 4
AG
North America, California, United States, Stanford
Shared Deals: 4
LL
North America, New York, United States, New York
Shared Deals: 5
IA
North America, California, United States, San Francisco
Shared Deals: 4

What are some of recent deals done by UpHonest Capital?

Monetizy

California, Kentucky, United States

Monetizy is an artificial intelligence technology company that operates as a 24/7 AI revenue engine.

Artificial Intelligence (AI)Information TechnologySoftware
AngelMar 17, 2025
Turing

Palo Alto, California, United States

Turing is an infrastructure company combining AI and human data to help companies build AI, train LLMs, and develop GenAI applications.

Artificial Intelligence (AI)Generative AIInformation TechnologyMachine LearningSoftware Engineering
Series EMar 6, 2025
Amount Raised: $111,000,000
Cygnus Finance

Palo Alto, California, United States

Cygnus is a tool that helps different blockchains work together by allowing to share security and keep their networks safe.

BlockchainDecentralized Finance (DeFi)Web3
Pre SeedFeb 19, 2025
Amount Raised: $20,000,000
Palona AI

Palo Alto, California, United States

Palona AI offers a range of artificial intelligence technologies that boost D2C growth.

Artificial Intelligence (AI)Brand MarketingSoftware
SeedJan 23, 2025
Amount Raised: $10,000,000
M.AI Unbound, Inc

Mountain View, California, United States

Unified AI Agent built for Marketers

Generative AIMarketing AutomationSaaS
Pre SeedNov 18, 2024

Yala is a Bitcoin-based asset protocol designed to channel Bitcoin liquidity into multiple ecosystems.

BitcoinBlockchainCryptocurrencyDecentralized Finance (DeFi)
SeedOct 10, 2024
Amount Raised: $8,000,000
Poresi

Singapore, Central Region, Singapore

Poresi is a modular execution layer for on-chain AI—enabling fast, parallel computation for smart contracts, agents, and models.

BlockchainCryptocurrencyWeb3
SeedOct 10, 2024
Amount Raised: $2,000,000
Tracknme

Singapore, Central Region, Singapore

Tracknme is an innovative platform that integrates AI agents, community-driven development, and film production into one seamless experience

BlockchainCryptocurrencyWeb3
SeedOct 6, 2024
Amount Raised: $1,000,000
Bot Auto

Houston, Texas, United States

Transforming American Transportation with Autonomous Trucks

AutomotiveAutonomous VehiclesTransportation
SeedSep 26, 2024
Amount Raised: $20,000,000
Legion Health

Austin, Texas, United States

Legion Health offers telepsychiatry services that improve mental health access and care.

Home Health CareMental HealthTelehealthWellness
SeedSep 15, 2024
Amount Raised: $5,618,000