1Up Ventures, L.P.
1Up Ventures, L.P. is a venture capital fund based in Kirkland, Washington. According to its most recent Form D, filed Feb 12, 2021, it has sold $23,900,000 of interests to 11 investors since its first sale in Mar 2019. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include General Partner 1UP VENTURES GP, L.L.C.
- Total raised
- $23,900,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 26, 2019
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- General Partner 1UP VENTURES GP, L.L.C
- Latest Form D
- Feb 12, 2021
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 1Up Ventures, L.P.
What is the minimum investment for 1Up Ventures, L.P.?
1Up Ventures, L.P.'s latest Form D, filed Feb 12, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 1Up Ventures, L.P.?
1Up Ventures, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has 1Up Ventures, L.P. raised?
1Up Ventures, L.P. reports $23,900,000 sold from 11 investors on its Form D filed Feb 12, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is 1Up Ventures, L.P. based?
1Up Ventures, L.P. is based in Kirkland, Washington.
When did 1Up Ventures, L.P. launch?
1Up Ventures, L.P. reports its first sale in Mar 2019.
Size compared with every venture capital fund
Raised more than 99% of the 5,377 venture capital funds based in Washington, and more than 93% of all 14,732 that report sales.