# UP2398

> UP2398 is a VC fund in Redwood City backing Software and SaaS. See 39 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Redwood City, United States
- Total investments: 39
- Last investment: Sep 2025
- Lead investor: 13%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/up2398
- Website: http://www.up2398.com/

UP2398 is a VC fund in Redwood City focused on Software and SaaS. UP2398 invests in and serves pre-Series A companies. UP2398 was founded by Pierre Omidyar, Alex Poon and Randy Ching. It is based in Redwood City, California.

## Contacts

5 contacts available for UP2398. Shizune tracks 2 team members at UP2398. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/up2398?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 7 | 18% |
| SaaS | 5 | 13% |
| Internet | 4 | 10% |
| Machine Learning | 4 | 10% |
| Artificial Intelligence | 4 | 10% |

65 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 19 | 49% |
| Series A | 8 | 21% |
| Funding Round | 4 | 10% |
| Series B | 2 | 5% |
| Pre-Seed | 1 | 3% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 24 | 62% |
| Germany | 1 | 3% |
| Romania | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alex Poon | Co-founder and General Partner | 3 | https://shizune.co/investors/profile/alex-poon-3 |
| Randy Ching | Co-Founder | 2 | https://shizune.co/investors/profile/randy-ching-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Standard Fleet | Software for electric vehicle owners | $13M | Series A | Sep 10, 2025 |  |
| Deep Sentinel | Founded by serial entrepreneur David Selinger, Deep Sentinel is betting that its emphasis on user experience can provide needed differentiation in the crowded space. The company is producing a series of cameras powered by deep learning that can evaluate threats on a property. This is the same technology that automakers are using for self-drivingcars and companies like Facebook use to identify people and objects within your photos. The system is designed to consume video streams and other contextual information to analyze threats facing a home. | $15M | Series B | Jun 03, 2025 |  |
| Rad AI | Rad AI develops an artificial intelligence automated report generation platform to automate repetitive tasks for radiologists. Its platform integrates with existing workflow, automating repetitive tasks, and enabling radiologists to improve radiology workflow that maximizes efficiency and accuracy while reducing burnout for radiologists andimproving patient care. | $60M | Series C | Jan 25, 2025 |  |
| Standard Fleet | Software for electric vehicle owners | $7M | Seed | Jun 14, 2023 |  |
| Deep Sentinel | Founded by serial entrepreneur David Selinger, Deep Sentinel is betting that its emphasis on user experience can provide needed differentiation in the crowded space. The company is producing a series of cameras powered by deep learning that can evaluate threats on a property. This is the same technology that automakers are using for self-drivingcars and companies like Facebook use to identify people and objects within your photos. The system is designed to consume video streams and other contextual information to analyze threats facing a home. | $15M | Venture - Series Unknown | May 31, 2023 |  |
| Grips Intelligence | Grips Intelligence is an e-commerce market research platform that provides the insights necessary for manufacturers, retailers, and investors to identify growth opportunities. Thousands of businesses around the world rely on Grips Intelligence's transactional intelligence data to optimize their online sales performance and unlock their fullpotential. | $12M | Series A | Oct 25, 2022 |  |
| MakerDojo | MakerDojo is a data analytics platform that helps answer users blockchain questions by allowing them to ask in simple English. Our AI engine will query the corresponding data sets and present the data in an easy to understand format. Build and share dashboards on top of these questions. Also track tokens and dApps using our pre-built dashboards | $1.5M | Pre-Seed | Oct 11, 2022 |  |
| Convex | Convex is a trusted provider of powerful, unique, and data-rich software designed by and for the commercial services industry. Unlike spreadsheets and generic solutions, we leverage a powerful combination of geographic data and easy-to-use software that digitally transforms organizations into efficient, winning teams.Our product, Atlas, providesrich data on virtually every commercial property in North America along with pipeline management tools to help commercial services companies find and win new business. Whether it’s a sales representative trying to identify new opportunities in an area, a manager looking to increase rep productivity, or an executive expanding into a competitive market—Atlas is purpose-built to help exceed sales targets in record time.Convex was founded in 2017 and headquartered in San Francisco, California. | $39M | Series B | Oct 12, 2021 |  |
| Slapdash | Slapdash is a re-imagining of how we work with cloud applications with a focus on speed. Use the Slapdash Command Bar (kind of like Spotlight) to achieve day-to-day work tasks (find a document, join a meeting, create a lead, find out who's who) order of magnitudes faster. | $3.7M | Seed | Mar 18, 2021 |  |
| Rad AI | Rad AI develops an artificial intelligence automated report generation platform to automate repetitive tasks for radiologists. Its platform integrates with existing workflow, automating repetitive tasks, and enabling radiologists to improve radiology workflow that maximizes efficiency and accuracy while reducing burnout for radiologists andimproving patient care. | $8M | Seed | Aug 20, 2020 |  |

10 of 39 investments shown.

## Co-investors
- [Social Capital](https://shizune.co/investors/profile/social-capital) — VC Fund, 4 deals together
- [1517 Fund](https://shizune.co/investors/profile/1517-fund) — VC Fund, 3 deals together
- [Precursor Ventures](https://shizune.co/investors/profile/precursor-ventures) — VC Fund, 3 deals together
- [Reciprocal Ventures](https://shizune.co/investors/profile/reciprocal-ventures) — VC Fund, 3 deals together
- [Shasta Ventures](https://shizune.co/investors/profile/shasta-ventures) — VC Fund, 3 deals together
- [1984 Ventures](https://shizune.co/investors/profile/1984-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does UP2398 invest in?

UP2398 invests primarily in Software, SaaS and Internet startups, most often at Seed and Series A stage. Most of the 39 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact UP2398?

Public channels for UP2398 include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at UP2398?

The team at UP2398 includes Alex Poon (Co-founder and General Partner) and Randy Ching (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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