Union Grove Venture Partners
Chapel Hill, North Carolina, United StatesFounded 2012
Union Grove Venture Partners is a venture capital-focused fund-of-funds manager that employs a two-pronged strategy: investing in established and emerging US-based venture capital funds across all stages, and making strategic direct co-investments alongside their underlying fund managers. The firm primarily targets high-growth technology and healthcare companies.
Average disclosed round size is $45.3M (across 6 rounds with reported amounts).
Portfolio
7
Fund Size
$433M
Top Stage
Series B
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Hero Bread | Series B | — | May 2023 |
 Alation | Series E | $123M | Nov 2022 |
 Oliver Space | Series B | $36M | Aug 2022 |
 Current Foods | Seed | $18M | Jun 2022 |
 Descartes Labs | Bridge | $20M | Oct 2019 |
 SpotHero | Series D | $50M | Aug 2019 |
 Poshmark | Series C | $25M | Apr 2015 |
Top Co-Investors
Mayfield Fund2 shared
Cleveland Avenue1 shared
DNS Capital1 shared
Composite Capital1 shared
Macquarie Capital1 shared
Insight Partners1 shared
Founders Fund1 shared
OCA Ventures1 shared
AutoTech Ventures1 shared
Electric Feel Ventures1 shared
Astanor1 shared
Thoma Bravo1 shared
Sanabil Investments1 shared
Costanoa Ventures1 shared
Databricks Ventures1 shared
Dell Technologies Capital1 shared
Hewlett Packard Enterprise1 shared
Icon Ventures1 shared
Riverwood Capital1 shared
Last updated: 16 April 2026