> SEED_&_GROWTH_VENTURE_CAPITALSAN_JUAN.PR // EST.2012

WE INVEST INENTREPRENEURSWHO CHANGETHE WORLD.

We don’t mind being first money in.
We seek innovators who can execute.

READ_MANIFESTO.txt
BY FOUNDERS. FOR FOUNDERS.
01 / MANIFESTO.txtCONVICTION BEFORE CONSENSUS

Different perspectives.
Shared ambition.

WE’VE BEEN
IN YOUR CHAIR.

Upper Capital was founded by entrepreneurs, for entrepreneurs. We bring experience as operators, and the resources to accelerate traction and growth.

First professional check.
Lasting conviction.

> BELIEF_01 // THE ARTIST

Entrepreneurs are artists who paint with innovation. However powerful AI becomes, it will always need an artist to propel it, fuel it, and contain it.

> BELIEF_02 // THE NEW KINGS

Since 1996, content has been king. That era is over. The new kings are product designers and data owners.

02 / FUND_DATA

A LONG VIEW.

IDEAS BECOME COMPANIES.

150+

Seed and growth-stage investments.

OUR FIRST CHAPTER

2012—

Backing entrepreneurs since day one.

WHERE WE PARTNER

SEED ↗
GROWTH

Early conviction. Room to go further.

03 / FOCUS_AREASTHE NEXT CHAPTER

WHAT COMES
NEXT.

The foundations of a different future.
The founders building it.

01

AI / ASI

INTELLIGENCE

Foundation models, agentic systems, the infrastructure that runs them, and the new behaviors they unlock.

02

INFRASTRUCTURE

FOUNDATIONS

Compute, networking, data. The essential primitives that quietly compound for a decade.

03

SOFTWARE

TOOLS TO BUILD

SaaS, developer tools, machine learning, cybersecurity, and fintech. Built by teams who ship.

04

ECOMMERCE

CONNECTION

Brands, marketplaces, and next-generation commerce primitives.

04 / ADDED_VALUEMORE THAN CAPITAL

BEYOND
THE CHECK.

Capital is the start.
What follows is the work.

01

GROWTH MARKETING

Hands-on advisory from operators who have scaled brands: positioning, acquisition channels, funnels, and the metrics that matter at your stage.

02

ADVISORY

Strategy, pricing, hiring, and fundraising. A sounding board that has sat in your chair and made the same calls.

03

NETWORK

Direct introductions to founders, operators, customers, and co-investors across 150+ portfolio companies.

04

PRODUCT & BUILD

Best-in-class partners for product, site building, and optimization, so you ship faster with fewer wrong turns.

05 / PORTFOLIO.dbCOMPANIES WE BACK

THE
ROSTER.

Sort by any column.
Follow the links out.

LINKS
06 / OPERATORSON YOUR SIDE OF THE TABLE

OPERATORS.
AT HEART.

07 / OPEN_CHANNELSOMETHING STARTS HERE

WORTH
A DECADE.

> FOUNDER_INTAKE FOUNDER → FOUNDER · WE READ EVERY ONE

Building something you believe in?
We’d like to hear about it.