
UpHonest Capital
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
Frequently Asked Questions
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