
Uphonest Capital
555 Hamilton Avenue, Suite 100, Palo Alto, CA, 94301, United States
Overview
UpHonest Capital is an early-stage, industry-agnostic venture capital firm that partners with companies from pre-seed stage to Series A. The firm invests in entrepreneurs and early-stage startups and then uses its resources to boost value creation through disruptive means.
- Total investments
- 50
- Lead investments
- 3
- Investments · 12mo
- 8
- Active investors
- 5
Sector focus
- Business Development
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Palona AI
Participated · Series A · Aug 2026
Palona AI’s core product is a multimodal "capture, understand, act, learn" operating layer powered by a proprietary Interaction Model for Physical AI that combines vision AI and object detection to interpret spatial, temporal and semantic context in physical locations. It offers product suites including Revenue Expansion, Revenue Intelligence and Operations Intelligence, each with specialized autonomous agents such as ordering and catering agents and integrations into point-of-sale systems. The Operations Intelligence tool links to security cameras to monitor food safety, cleanliness and real-time incidents and sends alerts to managers. Palona has been deployed at the Cali BBQ restaurant chain, where it reported increasing Father’s Day revenue by more than 20% year-over-year and becoming the restaurant’s most valuable sales channel by capturing missed orders and catering opportunities. The company launched out of stealth in January 2025 after a $10M seed and subsequently raised a $20M Series A. Palona is initially focusing on restaurants as a proof-of-concept with plans to extend to other frontline physical businesses.
- Genspark AI
Participated · Series B · Jun 2026
Genspark builds an agentic workplace software platform designed to automate workflows and boost productivity in professional environments. The company was founded by Wen Sang. In June 2026 it raised a $100 million Series B extension, increasing its total funding to more than $645 million. That financing set a post-money valuation of $2.6 billion, a 63% valuation increase over three months. Reported participants in the extension included Sozo Ventures, UpHonest Capital, and Mirae Asset. The company did not disclose specific plans for how the proceeds will be used.
- AEON
Participated · Seed · May 2026
AEON is developing a settlement layer intended to serve as the financial backbone for an agentic economy where autonomous AI agents exchange value. The company launched its first AI payment product in May, which it says connects AI agents to more than 50 million real-world merchants. AEON has partnered with BNB Chain to release the x402 Facilitator, a native product enabling verifiable transactions, onchain settlement, and immutable receipts for service providers in the BNB ecosystem. The firm cites collaboration with partners such as Coinbase and BNB Chain as part of its go-to-market and integration strategy. AEON raised $8 million in a pre-seed round led by YZi Labs to accelerate development of its settlement layer; the round’s structure and valuation were not disclosed. CEO and co-founder Eddie Li framed the company’s mission as building the financial foundation for an economy powered by autonomous agents.
- ATDev
Participated · Seed · Oct 2025
Assistive Technology Development, Inc. (ATDev) is building an integrated mobility ecosystem that blends robotics, wearable technology, and telehealth to support users across the full spectrum of physical ability. Its flagship product, Reflex, is a smart at-home knee-rehabilitation robot designed to deliver high-quality physical therapy without requiring clinic visits. Founded in 2020 as a UC Berkeley spin-out, the Orange, California–based company targets the rapidly expanding market of more than 61 million Americans living with disabilities and an aging population adding 10,000 seniors each day. ATDev positions its solutions as affordable, compact, and modern alternatives to traditional bulky and expensive assistive devices. The team’s long-term vision is to eliminate cost and infrastructure barriers to mobility worldwide. While still pre-revenue figures were not disclosed, the company has now secured seed capital to accelerate product development and commercialization.
- Cookiy AI
Participated · Seed · Oct 2025
Cookiy AI is a Palo Alto–based startup building an Agentic Voice AI platform that merges Agentic AI with Voice AI to hold natural, large-scale conversations with consumers. The system replaces static surveys and traditional focus groups, converting dialogue into structured, decision-ready intelligence in under 48 hours. By offering deep, real-time insight at a fraction of the cost and time of legacy research methods, the company aims to make sophisticated consumer understanding accessible to enterprises, brands, agencies, and smaller teams alike. Early traction includes an oversubscribed pre-seed financing and a growing client waitlist of early adopters. Founder and CEO Davin YC Dong draws on growth and monetization experience from Instagram and TikTok, lending strong product-market expertise to the venture. The fresh capital will fuel product development, expand conversational AI capabilities, and scale go-to-market efforts. Although the firm has not disclosed current revenue or user numbers, the funding positions Cookiy to accelerate toward commercial launch and broader market adoption.