The House Fund - We invest in Berkeley alumni, faculty, students

We invest at inception stage in Berkeley’s top founders.

RECENT UPDATES FROM OUR PORTFOLIO

Forte raises $725M for compliant blockchain gaming platform

Forte has raised $725 million in its second funding of the year in a deal led by Sea Capital and Kora Management.

Anyscale raises $100M with Addition, a16z, and NEA

Like $38 billion Databricks, Anyscale, which makes software for scaling AI apps, is led by a group of Berkeley academics.

Flexport Raises $935 Million in New Funding Round for Tech-Enabled Freight Operations at $8B valuation

Founder Ryan Petersen has positioned himself as shipping's savior, earning Flexport a new $8 billion valuation. But industry rivals say the 41-year-old near-billionaire and his startup are all show.

Ponder raises $7M led by Lightspeed to Revolutionize Data Science

Ponder, a data science startup born out of UC Berkeley, announced $7 million in seed funding to develop scalable, enterprise-ready and easy-to-use mac...

PsiQuantum Raises $450 Million to Build Its Quantum Computer

Quantum computing startup PsiQuantum has landed a $450 million investment led by funds and accounts managed by BlackRock, amid increased investor interest in the next-generation computing technique.

Inxeption Announces $275M in Funding to Expand its Leading Industrial Commerce SuperApp

Inxeption, the Industrial Commerce SuperApp, today announced $275 million in new funding made up of a $125 million Series E financing round and $150 mill...

Queenly raises $6.3M led by a16z

Queenly, a resale marketplace for formalwear, announced on Friday that it has grown its seed round to $6.3 million in a financing round led by Andreessen Horowitz’s Connie Chan. The financing event brings Queenly’s total venture raised to date at $7.1 million. Queenly sees itself as a “StockX” for formalwear, but has its own hold...

Time By Ping raises $36.5M to help companies automate timesheets

In the legal profession, timekeeping is an arduous process requiring careful documentation. But the downsides of cutting corners are substantial. As Attorney at Work’s Frederick Esposito explains, a lawyer that bills at $150 per hour and...

Superhuman Raises $75 Million For Its Waitlist-Only Email Productivity App

Superhuman is now valued at $825 million despite never formally launching or currently offering its email app to Android or Outlook users, Investors include IVP, Tiger Global, the CEOs of Discord and Dropbox, actors Ashton Kutcher, Mila Kunis and Will Smith and band The Chainsmokers.

SafelyYou Raises $40M Series B with Eclipse, Foundation Capital, Founders Fund and DCVC

The life of a tech journalist can be soul-sapping. I talk to so many founders — capable, smart, well-connected, experienced founders — who are working on problems that genuinely just don’t matter. They might have successfully raised money. Perhaps they even rounded up a team of smart people like them. They are solving problems that...

Pitney Bowes and Ambi Robotics sign $23 million deployment expansion

Expands use of Ambi Robotics' robotic sorting solution at Pitney Bowes U.S. ecommerce hubs, to support rapid sortation to last-mile delivery providers.

Dayslice, a new software startup providing virtual storefronts for solopreneurs, raised $6 million in pre-seed and seed funding led by Upfront Ventures

Dayslice, a new software startup providing virtual storefronts for solopreneurs, raised $6 million in pre-seed and seed funding led by Upfront Ventures, The Information is the first to report. Other investors included Founder Collective, Ground Up Ventures, The House Fund and former Stripe COO...

1/12

We pave the path from 0→1 and beyond for visionary founders.

Berkeley founders build generational companies. Apple. Tesla. Intel.

The House Fund founders are building the next generation. To date, we've partnered at inception with founders that have built 6 unicorns (7 total).

AI@The House

We're building a new platform for AI startup creation. With six of the top AI researchers in the world, we're bringing together top hyper-scaler AI companies, startups, and research to build a new global center of gravity of AI activity in Berkeley. As a founder, we'll equip you with unparalleled access to AI talent, insights, and research to deliver your AI innovation to market.

80+

Startups

$4B+

Follow-on capital raised

12

Exits

7

Unicorns

See how we get there

Acquisitions

Follow-ons

We believe in Berkeley startups.

To join The House, we’ll talk to any bold startup who has at least one founder who is a UC Berkeley alumni, faculty member, student, or affiliate.

We make 2 types of investments:

Pre-Seed

Up to
$500,000

We like to be the first investor and are also happy to participate as part of a syndicate.

Early-Stage

Up to
$1,000,000

We'll follow a strong lead investor and participate as part of a Seed syndicate.

The energy, network, and resources that The House Fund brings to Berkeley is changing the landscape of entrepreneurship at Cal. They are bringing together the best resources and building a pathway of support for founders at all stages. Berkeley has been waiting for this.

The House Fund was one of our earliest supporters. They were helpful with recruiting and investor intros in Series A, and evangelized Superhuman far and wide. They work relentlessly for their startups. This is THE fund that Berkeley has always needed.

We are excited to work with The House Fund to invest in UC innovation and build a pioneering University venture fund. They're really adding to the Berkeley startup ecosystem and providing a huge value add to Berkeley entrepreneurs.

The House is long overdue. The opportunity at Berkeley is tremendous. It's been more difficult than we like to find all those opportunities... The House provides a single source of opportunities for us Series A investors.

Scott Shenker

Founder, Nefeli Networks & Nicira | Professor, EECS