Fundraising Fox

Union Grove Venture Partners

Fund of funds

Chapel Hill · Pre-Seed–Late Stage · 3 people tracked

Also known as UGVP MANAGEMENT, LLC

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Investment thesis

UGVP operates as a fund-of-funds manager pursuing a high-conviction strategy focused on venture capital. Leveraging its team's combined experience across multiple economic cycles, the firm seeks access to elite, access-constrained managers and aims to identify the next generation of top-tier fund talent. It concentrates capital in high-performing funds while supplementing this approach with a curated selection of direct co-investments intended to enhance returns and deepen market insights.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Late Stage
HQ
Chapel Hill, North Carolina, US
Instruments
Equity
Founded
2012
AUM
$634.9M
Tracked investments
51

Team · 3 people

from curated & public directories

What they invest in

from 30 of 51 portfolio companies

Healthtech ×6Consumer ×5Fintech ×5AI & Machine Learning ×4Enterprise Software ×4FoodTech ×4Marketplaces ×4Media & Entertainment ×4

HQs:United States×22

Who they back

founder profiles across 18 portfolio companies
39%
solo founders
7 of 18 mapped founding teams
75%
repeat founders
of 20 founders with career history

Founding team size:solo founder×72 founders×53 founders×24+ founders×4

Where their founders studiedfrom 19 founders with education data

Harvard Business School ×3Stanford University Graduate School of Business ×3Cornell University ×2Harvard University ×2University of Pennsylvania ×2

Where their founders worked beforefrom 20 founders with career history

Founder Collective ×2National Venture Capital Association ×2Netscape ×2Verkada ×2

Investments · 51 tracked

founders shown can be your intro path

By year:2023 · 22015 · 12011 · 14 dated

Beyond Meatbeyondmeat.comin𝕏NASDAQ: BYND

Beyond Meat creates plant-based protein products, including burgers and other foods designed to provide nutritional value while supporting environmental sustainability and soil regeneration.

Advanced ManufacturingAgTechClimate TechFoodTechEl Segundo, US

Ethan Brown(Founder & CEO)Teri L. Witteman(Executive Officer)Jonathan Nelson(Executive Officer)Dariush Ajami, Ph.D.(Executive Officer)Drew Lufkin(Executive Officer)John Boken(Executive Officer)

Co-investorsBlue Horizon CorporationCleveland AvenueCollaborative FundCPT CapitalDns CapitalEvolution VC Partners+12 more

Progynyprogyny.comin𝕏NASDAQ: PGNY

Progyny provides employer-sponsored women's health and family-building benefits, covering preconception, fertility, pregnancy and postpartum, and menopause/midlife care through concierge support, digital tools, and a managed network of specialists.

Digital HealthFemTechHealthtechHR Tech

Gina Bartasi(Founder)in

Co-investorsAurumKleiner PerkinsSavano Capital Partners

(exit to SAGE)sage.com

Raj Mehra(Founder)inEllen Johnston(Founder)in

Co-investorsAvid VenturesBreakwater VenturesIntercept Ventures

3Dr3dr.com

3DR operates an e-commerce store selling drone platforms, components, and accessories for unmanned aerial systems.

Advanced ManufacturingHardwareRoboticsSan Diego, US

Co-investorsWestSummit Capital

5Amventures5amventures.com

5AM Ventures is an investment firm with professionals holding expertise in science, medicine, operations, legal, and finance who identify and develop life science portfolio companies.

BiotechHealthtech

Co-investorsRenaissance Venture Capital

Alationalation.comin𝕏

Alation builds a data catalog platform with machine learning and generative AI capabilities that helps enterprises find, understand, and trust their data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareRedwood City, US

Satyen Sangani(Founder)Dr. Venky Ganti(Founder)Dr. Feng Niu(Founder)Aaron Kalb(Founder)in

Co-investorsDCVC (Data Collective)Foundation CapitalHarmony PartnersIcon VenturesIsaiISAI Gestion+8 more

Amazonamazon.comin

Amazon operates the largest online retail marketplace in the world alongside Amazon Web Services, its cloud computing division, plus advertising, logistics and streaming media businesses.

B2B MarketplacesConsumerE-commerceMarketplacesSeattle, US

Jeff Bezos(Founder & Executive Chairman)

Co-investorsAccess Technology VenturesKleiner PerkinsMadrona Venture GroupRedwood CollectiveRogue Insight CapitalSilver Lake Partners+1 more

Augustcapaugustcap.com

August Capital is a venture capital firm that invests in a smaller number of companies than typical, providing hands-on support to the entrepreneurs it backs.

San Francisco, US

Battery Ventures companybattery.com

Co-investorsBuilding VenturesDigerati Investments

Bondcapbondcap.com
Breathtechnologiesbreathtechnologies.com
Bridgewavebridgewave.comin𝕏

BridgeWave designs and manufactures wireless communication systems using microwave and millimeter wave technology for mobile carriers, service providers, enterprises, and government customers.

Deep TechEnterprise SoftwareHardwareSemiconductors

Costanoa Venturescostanoa.vcin

Costanoa is a venture capital firm that backs early-stage founders solving large, difficult problems, providing long-term partnership and operational support.

Greg Sands(Founder)inAmy Cheethamin

Co-investorsCostanoa VenturesFoundryCherry VenturesModern TechnicalRain Capital

Councilcapitalcouncilcapital.com

Council Capital is a private equity firm focused on investing in healthcare services and healthcare IT sectors.

Digital HealthEnterprise SoftwareFintechHealthtechNashville, US

Denny Bottorff(Founder)Katie Gambill(Co-founder)Grant Jackson(Managing Partner)Kevin Fahey(Partner)Tim Schulte(Partner)

Crosscutcrosscut.com

PBS (Public Broadcasting Service) produces and distributes acclaimed television programming across drama, documentary, educational, and news content for general audiences.

Media & Entertainment

Crosslink Capital,crosslinkcapital.com

San Francisco, US

Co-investorsSmartGateVC

Current Foodscurrentfoods.cominJun 2023 · $18MAcquired

Current Foods produces plant-based and biotech-derived seafood products, including raw tuna and smoked salmon alternatives, designed to compete on flavor, nutritional profile, cost, and supply reliability.

Climate TechHealthtechSan Francisco, US

Jacek Prus(Founder)in

Co-investorsVentureSouqY CombinatorAstanor VenturesElectric Feel Ventures LlcGreatPoint VenturesLombardstreet Ventures

Descartes Labs Geospatial analytics platformdescarteslabs.comAcquired

Geospatial analytics company that turns multi-source satellite data into forecasts for commercial and government users.

Co-investorsCrosslink CapitalExpansion Venture CapitalSun Mountain CapitalValuestream VenturesCultivian Sandbox VenturesDCVC (Data Collective)

Disruptel𝕏Acquired

Samba.tv is a TV recommendation service that aggregates content from streaming services and live TV, personalized based on viewing trends.

ConsumerMedia & Entertainment

Co-investorsAugust CapitalCapital InnovatorsGFR FundLauder PartnersNelstone VenturesPJC+2 more

Emidsemids.com

Healthcare company led by CEO Saurabh Sinha, cited as a Council Capital partner.

Co-investorsCouncilBlueCross BlueShield Venture PartnersNew Mountain Capital

Founder Collectivefoundercollective.com

Founder Collective is a venture capital firm that invests at the seed and pre-seed stages across sectors.

Sector Agnostic

Micah Rosenbloom(Founder)inDavid Frankel(Founder)inBill Trenchard(Co-founder)inChris Dixon(Co-founder)in

Co-investorsFoundryVintage Investment PartnersCendana CapitalSapphire Partners

Haystack Teamhaystackteam.comin

Haystack provides a customizable digital headquarters platform for organizations, featuring no-code tools to build branded internal communication and collaboration spaces.

Enterprise SoftwareFuture of WorkSaaSLos Angeles, US

Cameron Lindsay(Executive Officer)

Co-investorsCoatue ManagementGreycroft

Healthquestcapitalhealthquestcapital.com

A healthcare-focused investment firm managing approximately $2 billion in assets across 52 portfolio companies.

Digital HealthHealthtechMedical Devices

Co-investorsNYBC Ventures

Hero Breadhero.coin𝕏May 2023

Hero produces low-carb bread and baked goods, including bagels, buns, sliced bread, tortillas, and noodles, sold direct-to-consumer online with subscription options and through retail partners.

Direct to ConsumerE-commerceFoodTech

Co-investorsCleveland AvenueFirstMile VenturesGreatPoint VenturesHAWKTAILComposite VenturesDns Capital

IronPlanetironplanet.com𝕏

IronPlanet is an online marketplace and auction platform for buying and selling used heavy equipment, offering detailed inspection reports backed by its IronClad Assurance certification.

B2B MarketplacesConstruction TechMarketplaces

Co-investorsAccelCross Creek AdvisorsKleiner PerkinsMillennium New HorizonsMillennium Technology Value Partners

IVPivp.com

Co-investorsSouth Park CommonsVeronorte

Kasakasa.com

Kasa operates a portfolio of flexible accommodations using technology and operational expertise.

Travel & Hospitality

Roman Pedan(Chief Executive Officer & Founder)inCraig Minoff(Chief Product Officer & Head of Company Ops (Founding Team))

Co-investorsAllegion VenturesCerity Partners VenturesNew York Life VenturesNextGen Venture PartnersRET VenturesZigg Capital

Kindred Ventureskindredventures.comin𝕏

Co-investorsFoundryVeronorte

Lightstonevclightstonevc.com

Lightstone Ventures is a life science venture capital firm, founded in 2012, that invests in and helps build early- and growth-stage biotech and medtech companies developing new therapeutics and medical devices.

BiotechHealthtechMedical DevicesPortola Valley, US

Mike Carusi(Managing Partner)Jean George(Managing Partner)Hank Plain(Founding Partner & Advisor)Christina Isacson(Partner)Caroline Gaynor(Partner)Hanson S. Gifford, III(Partner)

Mayfieldmayfield.com

Co-investorsVintage Investment Partners

Oliveroliver.space

Co-investorsExpa

PayNearMepaynearme.com

PayNearMe operates a payments platform for billers and operators, spanning digital payment methods and a cash-at-retail network.

Sunnyvale, US

Daniel J. Shader(Executive Officer, Director)Danny Shader(Founder)in

BoardDan Levitan(Director)inJon Callaghan(Director)inMark Britto(Director)

Co-investorsDns CapitalEvolution VC PartnersGMO VenturePartnersMaveronMultiplier CapitalNext Legacy Partners+2 more

PCB:NGin𝕏

MarketScreener is a financial information website providing real-time stock market data, quotes, earnings calendars, economic indicators, model portfolios, and market news for investors.

Data & InfrastructureFintechMedia & Entertainment

Co-investorsBand of AngelsGula Tech AdventuresMoonshots CapitalSoundboard Venture Fund

Poshmark, Inc.poshmark.com𝕏

Poshmark is a fashion resale marketplace that enables individuals to buy and sell secondhand clothing and accessories through a mobile-first platform.

Circular EconomyE-commerceMarketplacesSocial

Manish ChandraChetan PungaliyaGautam Golwala(Founder)inTracy Sun(Founder)in

Co-investorsCross Creek AdvisorsFounders Circle CapitalIA Seed VenturesInventus Capital PartnersK2 GlobalKindred Ventures+7 more

Refactorrefactor.com

Refactor is a solo-employee venture capital firm run by an investor named Zal that invests $1–2M in US seed-stage hard tech startups.

Deep Tech

Zal(Solo Capitalist)

Rhythm NewMediarhythmnewmedia.com

Rhythm connects brand advertisers with mobile audiences by selling video, rich media, and immersive advertising formats across a portfolio of 200+ premium media properties.

AdTechMarketing TechMedia & Entertainment

Co-investorsQuestMark PartnersLightspeed Venture PartnersRembrandt Venture Partners

RLY Networkforte.ioin𝕏

Forte provides a rules engine for managing on-chain token economies and compliance controls across blockchain networks.

Crypto & Web3Fintech

Co-investors1confirmationa16z cryptoACME CapitalAndreessen HorowitzBattery VenturesCalifornia Technology Ventures+5 more

Rocket Lawyerrocketlawyer.cominDec 2011

Rocket Lawyer offers online legal services combining AI-assisted document creation and review with access to attorneys for consultations and personalized advice.

AI & Machine LearningLegalTechSaaSSan Francisco, US

Charles Moore(Executive Officer, Director, Promoter)Charley Moore(Founder)inDaniel Nye(Executive Officer, Director)

BoardDavid Hornick(Director)David Drummond(Director)Philip Dur(Director)

Co-investorsAugust CapitalMultiplier Capital

Root Venturesroot.vc

Root Ventures is a San Francisco-based seed-stage venture fund that leads initial funding rounds for deep tech founders, with typical first checks of $3–5M.

Deep TechSan Francisco, US

Co-investorsLevel VenturesNimble Partners

Sambasamba.aiin

Samba.ai is a customer data platform for retail and ecommerce brands that unifies customer data and automates personalized marketing interactions across channels using AI and machine learning.

AI & Machine LearningMarketing TechRetail TechSaaS

David Vyskočil(CEO)

Co-investorsRockaway VenturesAlign VenturesDraper AssociatesHorizon Technology Finance

SignalFiresignalfire.com

SignalFire is a seed-stage investment fund that provides capital and operational support to early-stage companies, with a team of engineers, data scientists, founders, and operators backing portfolio companies.

AI & Machine LearningData & Infrastructure

Co-investorsNimble PartnersVeronorte

Spot Herospothero.com𝕏

SpotHero is a parking reservation app that helps drivers find and book affordable parking at garages, lots, and valet services across North American cities.

ConsumerLogistics & Supply ChainMarketplacesMobility & TransportationChicago, US

Mark Lawrence(Co-Founder, Chief Executive Officer)inLarry Kiss(Co-Founder, Chief Architect Officer)Jeremy Smith(Executive Officer, Director)Sam Guren(Director)Lawrence Kiss

BoardSamuel Guren(Director)

Co-investors500 GlobalBlossom Street VenturesBullpen CapitalChicago VenturesCorazon CapitalInsight Partners+10 more

Techstarstechstars.comin𝕏

Techstars is a pre-seed and early-stage venture capital firm and accelerator operator that invests in founders and provides capital, mentorship, and network connections.

FintechSector AgnosticBoulder, US

David Cohen(Co-founder)inDavid Brown(Co-founder)inBrad Feld(Co-founder)inJared Polis(Co-founder)in

Co-investorsEIT Urban Mobility AcceleratorFirestartrFoundryM1720Metavallon VCRenaissance Venture Capital+1 more

Tiger Globaltigerglobal.com

Tiger Global Management is a New York investment firm founded in 2001 investing in public and private technology growth companies.

Co-investorsMirana VenturesPeakThrive Capital

tortugatortugaagtech.cominApr 2015

Oishii operates indoor vertical farms that grow premium produce, including its Omakase Berry, strawberry products, and Rubī Tomato, distributed to consumers and retailers such as Whole Foods across the New York metropolitan area, New Jersey, Connecticut, and D.C.

AgTechConsumerFoodTechNew York, US

Hiroki Koga(Co-founder)Brendan Somerville(Co-founder)Morgan Steffy(Executive Officer, Director)Evan Katz(Executive Officer, Director)

BoardEric Mathews(Director)Joel Seligstein(Director)

Co-investorsCeres PartnersE12 Venture Capital, LlcOrbia VenturesREMUS CapitalRoot Ventures Manager, Llc

True Venturestrueventures.com

Co-investorsFoundryWave Ventures

Uncork Capitaluncorkcapital.com

This is a team member bio page on the website of Uncork Capital, a venture capital firm.

Jeff Clavier(Founder & Managing Partner)in

Co-investorsDeep AcreFoundryStartup TNTTekton Ventures

Uniongetunion.comin

Union offers a guest-led mobile ordering and rewards platform purpose-built for high-volume bars and hospitality venues.

ConsumerFintechFoodTechRetail TechSaaS

Co-investorsBeresford VenturesNew Enterprise Associates (NEA)

Wondervcwondervc.com

Wonder Ventures is an early-stage venture capital firm that invests in founders and startups in Southern California, providing funding and support to companies from their earliest stages.

Sector AgnosticLos Angeles, US

Co-investorsSandwich Capital

Exits · 2

IPOs and acquisitions across the tracked portfolio

Beyond MeatNASDAQ: BYNDProgynyNASDAQ: PGNY

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Union Grove Venture Partners made?
Union Grove Venture Partners has 50 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Union Grove Venture Partners invest at?
Union Grove Venture Partners invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Union Grove Venture Partners focus on?
Union Grove Venture Partners focuses on Data & Infrastructure, Enterprise Software, Fintech, FoodTech, Hardware, Healthtech, Media & Entertainment, Medical Devices, SaaS, Sector Agnostic.
Where is Union Grove Venture Partners located?
Union Grove Venture Partners is headquartered in Chapel Hill, US.
Who does Union Grove Venture Partners co-invest with?
Union Grove Venture Partners most often shares deals with Foundry, Kleiner Perkins, Veronorte, among 142 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investor Connect - Episode 63 - Greg Bohlen of Union Grove Venture Partners

Hall Martin · Greg Bohlen

Images

Union Grove Venture Partners photo

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