Dorm Room Fund Raises $50 Million To Support Student Founders And Early Builders

Dorm Room Fund (DRF) has raised an oversubscribed $50 million fund to back student and recent graduate/dropout founders, 14 years after its launch. Molly Fowler said the fund is focused on identifying first-time builders early, with 30% of the new fund’s investors coming from DRF alumni or firms that employ them; the network has backed companies including Cursor and Metis. FOUNDER: Josh Kopelman AMOUNT: $50,000,000 HQ: Cambridge, Massachusetts #VentureCapital #DormRoomFund #JoshKopelman #TradedVC