FOF/VC  Union Grove Venture Partners

https://ugvp.com/





     Office Locations:

301 West Barbee Chapel Rd, Suite 220
Chapel Hill, NC 27517
Phone: 866-491-8550
Fax: 866-480-5880

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Stages:

  • Expansion
  • Late


 

Industries:

  • Energy & Clean Tech
  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    Union Grove Venture Partners is a venture capital firm specializing in later stage investments. Union Grove was formed by a team active with Morgan Creek, which spun out into an independent management company. It will raise its next two funds under the Morgan Creek brand, including a new vehicle that secured a $100 million cornerstone commitment (in 2014) from a public pension system in Illinois. The group also will continue to manage its existing portfolio of limited partner stakes in venture capital firms. The team has over 75 years of combined investing and operational experience in venture, investment banking, and public equity, and has successfully invested in over 60 venture-backed companies.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Greg Bohlen Founder and Managing Partner
    John Spilman Founder and Managing Partner
    Patrick Cairns Founder and Managing Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      05/02/2023


      Hero Bread


      CA


      undisclosed


      Series B


     

    Portfolio companies include:


      Alation
        web link


      Appcelerator
        web link


      Descartes Labs
        web link


      Forte Platform
        web link


      Hero Bread
        web link


      Poshmark
        web link


      Samba TV


      SpotHero
        web link


     

    Recent News: