Dorm Room Fund

Summary

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.