Dorm Room Fund

Investor type Micro VC
Founders CeCe Cheng Josh Kopelman Phin Barnes


Unlock datapoints

Portfolio analytics



News & Media

Add fund to favorites
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 199
Average round size
The average size of a deal this fund participated in
Portfolio companies 179
Rounds per year 19.90
Lead investments 1
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 14
Key employees 52
Stages of investment

Areas of investment

  • Software
  • Health Care
  • Information Technology
  • Internet
  • FinTech

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.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


Financial Services
$500K18 Mar 2022 New York, New York, United States

Out Of The Box Education

28 Feb 2022 Cambridge, Massachusetts, United States


$17M26 Feb 2022 -

Artificial Intelligence
Human Resources
Information Services
Information Technology
Machine Learning
$400K21 Feb 2022 Boston, Massachusetts, United States


Industrial Design
Industrial Engineering
$1M28 Jan 2022 Norcross, Georgia, United States


Supply Chain Management
01 Dec 2021 Mexico City, Distrito Federal, Mexico


Event Management
Event Promotion
$1M08 Nov 2021 New York, New York, United States


$3M27 Sep 2021 -

Teleportal Inc

Augmented Reality
Virtual Reality
$1M16 Jul 2021 Los Angeles, California, United States
Cadoo gets $1.5M to gamify fitness with betting challenges

– 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.


  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Dorm Room Fund?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: