In 2012 was created Dorm Room Fund, which is appeared as VC. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the Philadelphia.
This organization was formed by CeCe Cheng, Josh Kopelman, Phin Barnes. The overall number of key employees were 52.
The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Dorm Room Fund, startups are often financed by MIT delta v, Berkeley SkyDeck, SOSV. The meaningful sponsors for the fund in investment in the same round are Pear Ventures, Y Combinator, Techstars. In the next rounds fund is usually obtained by Y Combinator, Techstars, BioAdvance.
Among the most popular portfolio startups of the fund, we may highlight Capella Space, FiscalNote, Shield AI. The fund has no exact preference in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most successful fund investment fields, there are Information Technology, E-Commerce. Besides, a startup needs to be aged 1 and less years to get the investment from the fund.
The fund is constantly included in 13-24 investment rounds annually. The common things for fund are deals in the range of 1 - 5 millions dollars. Speaking about the real fund results, this VC is 18 percentage points less often commits exit comparing to other organizations. Opposing the other organizations, this Dorm Room Fund works on 23 percentage points less the average amount of lead investments. The top activity for fund was in 2016. The average startup value when the investment from Dorm Room Fund is 1-5 millions dollars. The increased amount of exits for fund were in 2019.
Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Slingshot | $2M | 29 May 2024 | Los Angeles, California, United States | ||
Faura | $500K | 24 Apr 2024 | Napa, California, United States | ||
Baton Media | $4M | 14 Nov 2023 | New York, New York, United States | ||
Hadrius | $2M | 11 Sep 2023 | San Francisco, California, United States | ||
Concentro | 17 Aug 2023 | New York, New York, United States | |||
Aviato | $1M | 01 Apr 2023 | - | ||
Movley | $1M | 15 Jan 2023 | Lewes, Delaware, United States | ||
boam | $1M | 01 Dec 2022 | Miami, Florida, United States | ||
WellTheory | $7M | 09 Nov 2022 | Atherton, California, United States |
– Cadoo, a US-startup that’s gamifying fitness by turning it into a betting opportunity, using the prospect of winning (or losing) cold hard cash to motivate people to get off the couch, has collected $1.5m in seed funds from Sam & Max Altman’s Apollo VC and the student-focused Dorm Room Fund.
– The app itself has been around since 2018 but in March 2020 it launched a “challenge model” that lets users stake money to join a challenge related to a specific fitness goal — be it running 10 miles in 10 days, or walking three miles in three days.
– Participants who achieve the challenge goal get their stake back and a pro-rata share of losers’ staked entry fees.
1. You post comments at your own choice and risk. You bear the whole responsibility,related to their substance, content and the fact of publication. We shall not bear anyliability in respect of such comments.
2. While commenting, you shall use only actual, truthful and confirmed data. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty.
3. We do not intend to delete any comments on the website unless within our “noticeand take down” procedure.
4. We can moderate comments at any time.
5. While commenting, you are under the rule of our website’s terms of use and privacypolicy.
6. We retain our right to delete any comment or any other content of the website at ourwill in case we know or suppose such content is illegal or breaches any lawful right.
Review
- No reviews are submitted yet.
Sign up and get access to full fund profile and advanced analysis.
Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Slingshot | $2M | 29 May 2024 | Los Angeles, California, United States | ||
Faura | $500K | 24 Apr 2024 | Napa, California, United States | ||
Baton Media | $4M | 14 Nov 2023 | New York, New York, United States | ||
Hadrius | $2M | 11 Sep 2023 | San Francisco, California, United States | ||
Concentro | 17 Aug 2023 | New York, New York, United States | |||
Aviato | $1M | 01 Apr 2023 | - | ||
Movley | $1M | 15 Jan 2023 | Lewes, Delaware, United States | ||
boam | $1M | 01 Dec 2022 | Miami, Florida, United States | ||
WellTheory | $7M | 09 Nov 2022 | Atherton, California, United States |