Updata Partners V, L.P.
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$281M
Investors
7
Min Invest
None stated
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What this filing shows
·Every sentence is a value as filed on SEC Form D
Updata Partners V, L.P. is a Delaware limited partnership organized in 2014 that first filed a Form D on December 17, 2014 and most recently amended it on June 30, 2016, describing itself as a venture capital fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers pooled investment fund interests. Updata Partners V, L.P. reported $280,612,000 sold from 7 investors of a $280,612,000 total offering as of the Form D filed June 30, 2016. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names Probitas Funds Group LLC (CRD 115876), associated with None as the recipient of sales compensation soliciting in AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, LA, MA, MD, MI, MN, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, VT, WA, WI, WV, WY. Sales commissions are reported as $3,750,000 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 2099 Pennsylvania Ave Nw, Suite 851, Washington, DC 20006.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
closed
Fund family Part of the Updata Partners family: 4 vehicles across 4 generations · adviser of record Updata Partners · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
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Adviser of Record (Form ADV)
CRD 160994 · exempt reporting adviser · lists this fund on Schedule D 7.B.(1) as a venture capital fund
Auditor named on Form ADV: Ernst & Young LLP · PCAOB-registered per the adviser
From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Updata Associates V, L.P.
Executive Officer · Washington, DC
General Partner of the Issuer
UPGP V, LLC
Executive Officer · Washington, DC
General Partner of the General Partner of the Issuer
Carter Griffin
Executive Officer · Washington, DC
James Socas
Executive Officer · Washington, DC
Barry Goldsmith
Executive Officer · Washington, DC
Jonathan Seeber
Executive Officer · Washington, DC
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Probitas Funds Group LLCCRD 115876 on BrokerCheck
Associated broker-dealer: None · San Francisco, CA · Soliciting in AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, LA, MA, MD, MI, MN, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, VT, WA, WI, WV, WY
Questions About Updata Partners V, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Updata Partners V, L.P.?
Updata Partners V, L.P. is a Delaware limited partnership organized in 2014 that filed a Form D with the SEC on June 30, 2016 as a venture capital fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.
Is Updata Partners V, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. Updata Partners V, L.P. filed a Form D with the SEC on June 30, 2016 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $280,612,000 sold to 7 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Updata Partners V, L.P. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Updata Partners V, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Updata Partners V, L.P. raised?
Updata Partners V, L.P. reported $280,612,000 sold from 7 investors of a $280,612,000 total offering as of the Form D filed June 30, 2016. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone.
Who can invest in Updata Partners V, L.P.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in Updata Partners V, L.P.?
The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling Updata Partners V, L.P. and how are they paid?
The Form D names Probitas Funds Group LLC (CRD 115876), associated with None as the recipient of sales compensation soliciting in AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, LA, MA, MD, MI, MN, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, VT, WA, WI, WV, WY. Sales commissions are reported as $3,750,000 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Updata Partners V, L.P.?
The Form D lists 6 related persons: Updata Associates V, L.P., executive officer (General Partner of the Issuer); UPGP V, LLC, executive officer (General Partner of the General Partner of the Issuer); Carter Griffin, executive officer; James Socas, executive officer; Barry Goldsmith, executive officer; Jonathan Seeber, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Updata Partners V, L.P. located?
The issuer's address on its SEC filings is 2099 Pennsylvania Ave Nw, Suite 851, Washington, DC 20006. Its phone number of record is 202-618-8750. It is organized under the laws of Delaware.
How long is the Updata Partners V, L.P. offering open?
The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 2 amendments are on record for this CIK.
How large is Updata Partners V, L.P.?
The Form D reports a revenue range of Not Applicable.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.