# Union Grove Venture Partners

Source: https://capitalatlas.ai/funds/union-grove-venture-partners

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

Union Grove Venture Partners is a US-based venture capital-focused fund of funds manager which spun out from Morgan Creek Capital Management. the firm also seeks to make direct investments into companies that are in the field of technology and healthcare based in the US.

## Facts

- Type: Private Equity Fund of Funds Manager
- Headquarters: Chapel Hill, US
- Founded: 2012
- Website: https://ugvp.com
- Estimated dry powder: $26.2M
- AUM: $479M
- Latest fund: Union Grove Partners Venture Access Fund II, $65M
- Estimated cheque size: $100K–$567.5K
- Stages: Seed, Series A, Series B, Series C, Series D, Series E
- Sectors: Diversified
- Regions: North America
- Last seen investing: May 2023

## Recent investments (newest 5 of 13)

- May 2023: Wicked Foods, Inc. (Unspecified Round)
- May 2023: Hero Bread (Series B)
- Nov 2022: Alation, Inc. (Series E, $123M)
- Aug 2022: Petra Living, Inc. (Series B, $36M)
- Apr 2022: Current Foods (Seed, $23.4M)

## Questions

### How much does Union Grove Venture Partners invest per deal?

Based on the size of its funds, Union Grove Venture Partners writes estimated cheques of $100K–$567.5K. Lead cheques usually sit at the top of that range and follow-on cheques lower.

### What stages does Union Grove Venture Partners invest in?

Union Grove Venture Partners has invested at Seed, Series A, Series B, Series C, Series D and Series E. Its most frequent rounds on record are Series B, Series D and Seed.

### How much capital does Union Grove Venture Partners have left to invest?

Union Grove Venture Partners has an estimated $26.2M in dry powder: capital it has raised but not yet invested.

### What has Union Grove Venture Partners invested in recently?

Recent investments include Wicked Foods, Inc., Hero Bread and Alation, Inc..

### Where is Union Grove Venture Partners based?

Union Grove Venture Partners is headquartered in Chapel Hill, US. It has 1 other office.

### How do I contact Union Grove Venture Partners?

Partner names, emails and LinkedIn profiles for Union Grove Venture Partners are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 8 more deals (13 in total), with amounts and co-investors
- 11 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/union-grove-venture-partners) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `835a4271-d4d7-451a-be9a-09365bc8888a`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.