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The Venture Codex

Uphonest Capital

555 Hamilton Avenue, Suite 100, Palo Alto, CA, 94301, United States

Overview

Early-stage venture capital firm investing in startups and entrepreneurs.

Founded

2015

Deals ยท 12mo

7

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Business Development
Finance
Financial Services
Venture Capital

Investment portfolio

51rounds
NAMEDATESIZE
Expertise AI
Sep 2026Led
$2 MSeed
Palona AI
Aug 2026Participated
$20 MSeries A
Genspark AI
Jun 2026Participated
$100 MSeries B
AEON
May 2026Participated
$8 MSeed
Genspark AI
Jan 2026Participated
$25 MSeries B
Genspark AI
Nov 2025Participated
$275 MSeries B
ATDev
Oct 2025Participated
$3 MSeed
Cookiy AI
Oct 2025Participated
$7 MSeed
MAI
Sep 2025Participated
$25 MSeed
Turing
Mar 2025Participated
$111 MSeries E
Palona AI
Jan 2025Participated
$10 MSeed
Yala
Oct 2024Participated
$8 MSeed
Expertise AI
Sep 2026Led
$2 MSeed
Palona AI
Aug 2026Participated
$20 MSeries A
Genspark AI
Jun 2026Participated
$100 MSeries B
AEON
May 2026Participated
$8 MSeed
Genspark AI
Jan 2026Participated
$25 MSeries B
Genspark AI
Nov 2025Participated
$275 MSeries B
ATDev
Oct 2025Participated
$3 MSeed
Cookiy AI
Oct 2025Participated
$7 MSeed
MAI
Sep 2025Participated
$25 MSeed
Turing
Mar 2025Participated
$111 MSeries E
Palona AI
Jan 2025Participated
$10 MSeed
Yala
Oct 2024Participated
$8 MSeed
51
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Insights

Time horizon

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Deal Distribution

Uphonest Capital: 51 funding rounds are recorded in the selected participation categories.All available history.
Uphonest Capital: 51 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed325
Series A17
Series B05
Series C+02
Other Equity08

Monthly Deal Activity

Uphonest Capital: 51 deals are recorded across 113 months.All available history.
Uphonest Capital: 51 deals are recorded across 113 months. All available history
MonthDeals
Jun '171
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '191
Apr '190
May '191
Jun '191
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '202
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '202
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '222
Apr '220
May '222
Jun '223
Jul '220
Aug '220
Sep '221
Oct '220
Nov '221
Dec '221
Jan '230
Feb '231
Mar '232
Apr '231
May '231
Jun '231
Jul '230
Aug '231
Sep '231
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '241
Apr '241
May '242
Jun '241
Jul '242
Aug '242
Sep '242
Oct '241
Nov '240
Dec '240
Jan '251
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '252
Nov '251
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '261
Jun '261
Jul '260
Aug '261
Sep '261
Oct '260

Sector Breakdown

Uphonest Capital: AI & Machine Learning is the largest displayed sector by deal count (20 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Uphonest Capital: AI & Machine Learning is the largest displayed sector by deal count (20 deals). All available history
SectorDeals
AI & Machine Learning20
Enterprise Software18
Networks, Cloud & Communication12
Crypto & Blockchain7
Clean Energy & Sustainability5
Marketing & Advertising5
Fintech5
Health & Life Sciences5
Transportation & Logistics4
Consumer & Lifestyle4
Data, Analytics & IT3
Hardware & Robotics3
Manufacturing3
Food & Agriculture3
Travel & Hospitality2
E-Commerce & Retail2
Real Estate & Construction2
Space & Frontier Tech2
Media & Entertainment2
Professional Services2
Social & Community Platforms2
Education & Workforce1
Gaming & eSports1
Developer Tools1

Deal Size Distribution

Uphonest Capital: 51 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Uphonest Capital: 51 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M23
$5M-$10M6
$10M-$25M11
$25M-$50M7
$50M-$100M0
$100M-$250M3
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Uphonest Capital: United States has the largest recorded deal count among the displayed regions (43 deals).All available history.

Top 8 of 8 regions; European countries are grouped as Europe.

Uphonest Capital: United States has the largest recorded deal count among the displayed regions (43 deals). All available history
RegionDeals
United States43
Canada2
Malaysia1
Hong Kong1
941031
Singapore1
Japan1
China1
Uphonest Capital: 20 co-investors are shown, with Y Combinator sharing 9 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Uphonest Capital: 20 co-investors are shown, with Y Combinator sharing 9 recorded deals. All available history
Co-investorShared deals
Y Combinator9
Soma Capital4
AltaIR Capital3
Climate Capital3
7UPDAO2
Alumni Ventures2
Amber Group2
Amino Capital2
Andreessen Horowitz2
Animoca Brands2
Bing Ventures2
CLF Partners2
DWF Labs2
Embark Ventures2
Emergence Capital2
Foundation Capital2
Fusion Fund2
Gaingels2
Galaxy Digital2
Gate Labs2

Investment Strategy

Uphonest Capital: Led accounts for 8% and participating for 92% of round participation.All available history.
Uphonest Capital: Led accounts for 8% and participating for 92% of round participation. All available history
CategoryDeals (count)Share (%)
Led48%
Participating4792%
Uphonest Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Uphonest Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead250%
Co-led250%

Team

Chunyang Shen

Scout

Ellen Ma

Managing Director

Teddy Chen

Chief of Staff

Wei Guo

Founding Partner