UNION GROVE VENTURE PARTNERS
UNION GROVE VENTURE PARTNERS is a Seed, Series A, Series B and Series C+ fund in the US writing $1M+ checks into AI, Enterprise and Healthcare.
- Stages
- Seed, Series A, Series B, Series C+
- Sectors
- AI, Enterprise, Healthcare
- Check size
- $1M+
- Invests in
- US-wide
- Round role
- Follows on
- Actively investing
- Yes
- Founded
- 2014
- Assets under management
- $333.8M
Thesis
Union Grove Venture Partners (UGVP) is a venture capital firm founded in 2014, operating as a fund-of-funds manager with a hybrid model including direct co-investments. Headquartered in Chapel Hill, NC, with an office in Summit, NJ, UGVP aims to foster the innovation economy by generating financial and societal returns. Their investment thesis centers on high-growth technology and healthcare companies, employing a 'high-conviction' approach. UGVP focuses on expansion and later-stage, revenue-generating companies, targeting a 3x-5x return with potential for over 5x upside. As of December 31, 2025, their AUM was $333,827,716 (discretionary) and $301,045,545 (non-discretionary). The minimum investment for their direct venture fund is $1 million.
Common questions
Does UNION GROVE VENTURE PARTNERS invest at the Seed stage?
Yes. UNION GROVE VENTURE PARTNERS lists Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does UNION GROVE VENTURE PARTNERS write?
UNION GROVE VENTURE PARTNERS writes $1M+ checks.
Where does UNION GROVE VENTURE PARTNERS invest?
UNION GROVE VENTURE PARTNERS invests in the US.