RECENT FUNDING
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UP2398 portfolio

UP2398 has 2 portfolio companies on record at Recent Funding.

Website: up2398.com.
Type: Venture capital.
Portfolio on Recent Funding: 2.
Deals, last 12 months: 0.
Capital in their rounds: $77M.
Latest deal: Standard Fleet · Sep 10, 2025.
About this page

It is a venture capital firm based in Los Gatos, US, founded in 2015. Its most recent investment on record is Standard Fleet's $13M Series A round in September 2025, alongside WEX Venture Capital, Garry Tan, Salil Deshpande and 6 others. By category, its portfolio leans toward Logistics and mobility (1) and Health and bio (1). It has co-invested with Liquid 2 Ventures, SNR VC and Garry Tan.

About UP2398

Firm type: Venture capital.
Headquarters: Los Gatos, US.
Founded: 2015.
Stages: Seed, Series A.
Sectors: Data & Infrastructure, Enterprise Software, SaaS.

What UP2398 invests in

UP2398 recent investments

CompanyRoundDateAlongside
SStandard FleetSeries A · $13MWEX Venture Capital, Garry Tan, Salil Deshpande +6
RRad AISeries B+ · $60MKhosla Ventures, Kickstart, Transformation Capital (lead) +3
RRad AISeed · $4MGMO VenturePartners, Gradient Ventures (lead), Precursor Ventures +3

How UP2398 invests

StageDealsCapital in rounds
Series A 1 33%$13M
Seed 1 33%$4M
Series B+ 1 33%$60M
YearDealsCapital in rounds
2019 1 33%$4M
2025 2 67%$73M

UP2398 portfolio companies

CompanyRound with UP2398Total raisedLatest raise
SStandard Fleet
Logistics and mobility
 Series A · $13M$13MSep 10, 2025
Series A
RRad AI
Health and bio
 Series B+ · $60M$155MMay 1, 2025
Series B+

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Logistics and mobility).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 3 rounds on Recent Funding that name UP2398. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists UP2398, which is a subset of its real portfolio. API: /api/v1/investors/up2398 (get a free API key). More: the most active VC firms and new venture capital funds.