Dorm Room Fund Fund V | 2026 VC Fund

Dorm Room Fund

cb Email

Status

ACTIVE

Global HQ

Philadelphia, United States

Countries of investment

United States

Investment stages

Pre-Seed
Seed

Industries

Generalist
AI
Developer Tools
SaaS
Consumer
HealthTech

About
Dorm Room Fund is a Philadelphia-based venture capital firm, launched within First Round Capital in 2011 and independent since 2022. It invests across the United States. The firm supports student and recent graduate founders at pre-seed and seed stages and raised $50M in September 2026.

Min check size: $40K
Max check size: $250K
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Investment Thesis

Dorm Room Fund is a student-run pre-seed and seed stage venture capital firm that invests in companies with at least one founder who is a current student or recent graduate. It is sector agnostic with a growing focus on AI and developer tools, and it writes the first cheque before founders have traditional validation. The firm differentiates itself by giving student partners at universities such as MIT, Harvard, Yale, Stanford and Penn the primary investment decision, backed by a portfolio that includes Cursor and Shield AI.

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Manager's Experience

Founded in 2012 within First Round Capital in Philadelphia, United States, and independent since 2022. Led by Molly Fowler (General Partner), with student Managing Partners and investment partners at universities including MIT, Harvard, Yale, Stanford and Penn. Has backed more than 330 companies whose founders went on to raise over $14B in follow-on capital, including Cursor, Shield AI, Dandy, Commure and Hightouch. LPs have included Marc Andreessen, Chris Dixon, Insight Partners and Underscore VC, and the firm raised $50M in September 2026. Nearly 80% of its alumni go on to become founders or venture investors.