PE / VC
2012
$30 M
Cambridge, Massachusetts, United States
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
Dorm Room Fund (DRF) is a student-run pre-seed venture capital firm established in 2012, originating from First Round Capital. It focuses on investing in student-founded and student-run startups across the US and Canada, with its headquarters in Philadelphia and operations in cities like San Francisco, New York City, and Boston. DRF provides investments ranging from $90K to $250K, along with access to a robust network of investors, mentors, and resources to support growth and strategy.
Managed by undergraduate and graduate students, DRF conducts weekly investment meetings to evaluate pitches and support portfolio founders. The firm has invested in over 185-300+ student-led companies, many of which have successfully raised significant follow-on capital from top-tier venture capital firms. DRF emphasizes diversity and inclusion, actively supporting underrepresented groups through its investment strategies and programs. Additionally, it offers mentorship, community-building opportunities, and tools for founder-investor matching, positioning itself as a valuable partner in the entrepreneurial journey.
Industry
Region of investment
Dorm Room Fund Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Dorm Room Fund IV, LP
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
Marketing and Advertising
Media and Entertainment
SaaS
Security
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$12 M
|
September 2022
|