Upfront V, L.P.
Upfront Ventures · adviser of record: Upfront Ventures Management, LLC · 2014 vintage
Upfront V, L.P. is a 2014 venture fund managed by Upfront Ventures, with $250mm raised (Form D, amount sold). It reported $392mm in gross assets at year-end 2025, 1.57x its size, against a peak of $475mm in 2021.
- Latest value held
- $392mm year-end 2025
- Peak
- $475mm year-end 2021
- Fund size
- $250mm Form D, amount sold
- Held vs. size
- 1.57x peak 1.90x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $392mm | 1.57x | -10% over 2 yrs |
| 2023 | $435mm | 1.74x | -5% |
| 2022 | $457mm | 1.83x | -4% |
| 2021 | $475mm | 1.90x | +1% |
| 2020 | $470mm | 1.88x | +58% |
| 2019 | $297mm | 1.19x | +11% |
| 2018 | $267mm | 1.07x | +1% |
| 2017 | $265mm | 1.06x | +215% |
| 2016 | $84.2mm | 0.34x | -69% |
| 2015 | $269mm | 1.08x | -3% |
| 2014 | $277mm | 1.11x | – |
Other funds from Upfront Ventures
- Blizzard 22, L.P. 2022
- Upfront Continuation Fund I, L.P. 2021
- Upfront VII, L.P. 2020
- Upfront VII Partners L.P. 2020
- Upfront Growth III, L.P. 2019
- Upfront Growth III CO-Invest, L.P. 2019
- Community Fund I, LLC 2019
- Upfront VI Partners, L.P. 2018
- Upfront VI, L.P. 2017
- Upfront Growth II, L.P. 2017
- Upfront IV Ancillary, L.P. 2016
- 2016 Nimbus, L.P. 2015
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-1680651550. Data updated October 13, 2026.
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