Updata Partners
SelectiveFiled to raiseWashington, DCTelecom & networking, Enterprise software, CybersecurityLast fund filed 2025
2 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Updata Partners VIIIFiled to raise in 2025, with no closing reported yet. | 2025 | $800M | $0 | 0 |
| Updata Partners VII | February 2022 | $600M | $590M | 35 |
| Updata Partners VI | October 2018 | $300M | $238M | 12 |
| Updata Partners V | December 2014 | $281M | $281M | 7 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
5 partners are named across this firm’s filings, 2 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Braden SnyderNot on the current fund | Slowing | Sales & marketing tech | 1 |
Categories of Updata Partners’s own portfolio companies, based on 25 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| EPIC Ventures | 1 | HG Data |
| GoAhead Ventures | 1 | BIGLEAF NETWORKS |
| Lookout Ventures | 1 | Liongard |
| Rally Ventures | 1 |
| 1 |
| Jon Seeber | Slowing | Enterprise software, Fintech, Sales & marketing tech | 9 | 1 |
| Barry GoldsmithNot on the current fund | Quiet | Developer tools & infrastructure | 1 | 0 |
| Carter Griffin | Quiet | Telecom & networking, Cybersecurity, Enterprise software | 16 | 0 |
| James SocasNot on the current fund | Quiet | Cybersecurity | 1 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Updata Partners’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Vertical Insure |
| Threshold Ventures | 1 | LendKey Technologies |
A shared board seat: a company where filings name a Updata Partners partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.