Dorm Room Fund

Dorm Room Fund is the original student-led venture fund, created in 2012 by First Round Capital. It is a $10 million fund that exclusively invests in student-founded companies. Participants serve as investors and partners, evaluating companies, making investment decisions, and building the DRF community. The program allows students to combine academic pursuits with meaningful venture capital experience, building professional networks and investment expertise during their university years.

Dorm Room Fund focuses on investing in student-founded companies, empowering students to take on roles as venture capitalists while still in school. The program aims to bridge the gap between academic learning and practical investment experience, fostering a new generation of investors.

Students interested in applying should demonstrate a strong interest in venture capital and be prepared to commit time to the program.

Eligible participants are currently enrolled students (undergraduate, MBA, PhD) with an interest in venture capital, capable of committing to weekly meetings and evaluation responsibilities.

The program has a rolling application process and is open to currently enrolled undergraduate, MBA, and PhD students interested in venture capital and startup investing.

Participants gain real venture capital experience, investment decision-making authority, and opportunities for professional development and networking with founders and accomplished investors.

Undergraduate students can participate for up to 4 years, MBA students for up to 2 years, and PhD candidates have extended participation periods until graduation.

Alumni of Dorm Room Fund have gone on to work at over 50 venture funds, including leading firms like Bessemer Venture Partners and Andreessen Horowitz. Portfolio companies have collectively raised over $6 billion in follow-on funding.