Dorm Room Fund

First-Ever Copy-Trading Platform dub Raises $17M Seed Round From A-List VCs and Individual Investors

Retrieved on: 
Thursday, February 22, 2024
Social media, Education, Wang, Apple Watch, Dorm Room Fund, Uber, Harvard University, Human, Parent, Meta, Partner, FINRA, SVB, Apple, First Citizens BancShares, VR, Security (finance), Goldman Sachs, Silicon Valley Bank, TIAA, Cryptocurrency

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- dub, the first copy-trading platform in the U.S., today announced a $17 million funding round from a group of venture capital firms and individual investors including the CEO of Uber and Co-founder of Robinhood.

Key Points: 
  • dub allows everyday investors to replicate the portfolios of emerging investment managers, famed hedge funds, or elected officials with a single tap.
  • The funding also includes a $2 million venture debt facility provided by Silicon Valley Bank (SVB), a division of First Citizens Bank.
  • With the simple-to-use dub app, everyday investors can choose to copy portfolios with the same ease of buying a single stock.
  • The same investors, or any individual on dub, can also avail their own investment portfolios to be copied.

YC-backed Hadrius raises $2m seed round to power SEC compliance using AI

Retrieved on: 
Monday, September 11, 2023
Citadel, SmartAsset, Wall Street, Multimedia, Dorm Room Fund, Pain, BlackRock, Goldman Sachs, Y Combinator, AI, RIAS, Automation, Software, Financial adviser, Chime, Amazon, OpenSea

The company aims for a world where "compliance is the effortless state of financial firms, rather than constant worry requiring expensive vigilance to maintain".

Key Points: 
  • The company aims for a world where "compliance is the effortless state of financial firms, rather than constant worry requiring expensive vigilance to maintain".
  • The 3 of them founded and scaled SEC-registered robo-advisor Quantbase for 2 years, where they became deeply familiar with the burdensome state of SEC compliance.
  • Hadrius is modernizing a compliance industry full of decades old technology and options.
  • "We're finding that, similar to our experience, the existing software and options aren't effectively removing a lot of the time and pain of meeting these SEC compliance obligations.

New Report Shows Drop in Investments to Women & Founders of Color from LA Venture Firms

Retrieved on: 
Tuesday, November 1, 2022
Color, White, Program, Ecosystem, Upfront Ventures, Investment, Foundation, Dorm Room Fund, Woman, Multimedia, VC, Comparison, Male, Cryptocurrency, Ridesharing company, Financial services, Pitch book, L.A

LOS ANGELES, Nov. 1, 2022 /PRNewswire/ -- New data out today from AnnenbergTech's PledgeLA initiative shows that LA-based venture capital firms made fewer investments in 2021 to companies led by women and founders of color when compared with the previous year, with the steepest drop in investments impacting women and women of color. From an analysis of more than 6,300 investment transactions made last year to over 4,400 companies by 67 LA-based venture firms, the following insights emerged:

Key Points: 
  • LOS ANGELES, Nov. 1, 2022 /PRNewswire/ -- New data out today from AnnenbergTech's PledgeLA initiative shows that LA-based venture capital firms made fewer investments in 2021 to companies led by women and founders of color when compared with the previous year, with the steepest drop in investments impacting women and women of color.
  • Conversely, the report data show that venture capital firms increased funding to White male founders:
    VC funding to White male founders increased from 46% of investments in 2020 to 53% in 2021.
  • The latest data on women and women of color proves that we can't stop now more firms must work to provide greater access to all founders."
  • PledgeLA is a coalition of more than 200 LA venture capital firms and tech companies working to increase equity, community engagement, and accountability among LA companies.

Formally Raises $2.3M in Pre-Seed Funding Led by Bessemer Venture Partners to Revolutionize Access to Justice

Retrieved on: 
Monday, May 16, 2022
Professional Services, Legal, Human Resources, Dorm Room Fund, Lawyer, Pinterest, Partner, DocuSign, Initial public offering, Visa, Bessemer Venture Partners, DISCO, Â, Legal formalism, Torture Memos, Industry, Frustration, Technology, Foundation, Fiverr, PagerDuty, Kiwi Camara, LinkedIn, Yelp, Chief executive officer, Growth, CEO, Cryptocurrency, Risk management, Twilio, Shopify

The global legal services industry is worth an estimated $849 billion and expected to hit $1.2 trillion by 2028.

Key Points: 
  • The global legal services industry is worth an estimated $849 billion and expected to hit $1.2 trillion by 2028.
  • We are thrilled to partner with Bessemer Venture Partners and other funds that reflect Formallys commitment to excellence and diversity.
  • Formally is a legal collaboration company seeking to use intelligent technology and accessible design to simplify legal processes and increase access to justice.
  • Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long standing companies.

Treeswift Raises $4.8 Million to Build Next Generation of Forest Monitoring System

Retrieved on: 
Monday, March 28, 2022
Environment, Technology, Mobile, Wireless, Other Technology, Software, Forest Products, Hardware, Data Management, Natural Resources, People, COO, Engineering, Â, Global Forest Resources Assessment (FRA), Dorm Room Fund, Growth, Weyerhaeuser, Crosslink Capital, Software engineer, Environment, Professional, Forest, CTO, CEO, Environmental protection, Carbon, Biomass, VC, Machine learning, Algorithm, Tree, University, Forestry, Management, Silviculture, Treeswift

The company has now raised $6.4 million to date in order to provide forest stakeholders with easily-accessible precision data and analyses.

Key Points: 
  • The company has now raised $6.4 million to date in order to provide forest stakeholders with easily-accessible precision data and analyses.
  • Treeswift is building the sensory and data ecosystem for the natural world by offering software and data services to stakeholders in natural resource management.
  • Treeswift services are used in carbon capture estimation, timber value appraisal, fire mitigation, biomass understory, deforestation monitoring, advanced growth forecasting, and overall forest management.
  • Treeswift is a Philadelphia-based company that adds a data layer to the natural world through an innovative forest monitoring system.

NYC-based Quantbase raises $500k pre-seed to make smart high-risk investing effortless

Retrieved on: 
Friday, March 18, 2022
Citadel, Decentralized finance, Hacker News, Dorm Room Fund, Google, Wine, Non-fungible token, Automation, University, News, Nancy Pelosi, SEC, Vanguard, Goldman Sachs, AUM, Entrepreneurship, Wall Street, YC, Cryptocurrency, Financial services, Amazon, Reddit, Chime

Part of the new funding will be used to extend the startup's crypto portfolio offering, letting the company go toe-to-toe with full-scale retail platforms like Vanguard.

Key Points: 
  • Part of the new funding will be used to extend the startup's crypto portfolio offering, letting the company go toe-to-toe with full-scale retail platforms like Vanguard.
  • We met, realized it was a perfect fit after a few weeks of working together, and have been going strong since."
  • Quantbase, an SEC-registered investment advisor, is carving out a niche for itself in the high-risk space.
  • Quantbase aims to make high-risk not just definable, but standardized and investable across the board.

The National Science Foundation Awards Lura Health a $1M Phase II Small Business Innovation Research Grant

Retrieved on: 
Monday, February 28, 2022
Medical Devices, Health, Conditional sentence, Forbes, National Science Foundation, Education, HAX, SBIR, DRF, Small Business Innovation Research, SOSV, Science, R, Dorm Room Fund, Patient, Lura, Engineering, Technology, CEO, Research, Health, NSF, Pharmaceutical industry, the NSF’s Small Business Programs, Lura Health, THE NSF’S SMALL BUSINESS PROGRAMS, LURA HEALTH

Lura Health , an innovative medical device company developing the first wearable salivary diagnostic health monitoring system, announced today that the National Science Foundation ( NSF ) has awarded the company a Phase II Small Business Innovation Research (SBIR Ph II) grant.

Key Points: 
  • Lura Health , an innovative medical device company developing the first wearable salivary diagnostic health monitoring system, announced today that the National Science Foundation ( NSF ) has awarded the company a Phase II Small Business Innovation Research (SBIR Ph II) grant.
  • The SBIR Ph II grant is a 24-month, $1M award that will be used to complete research and development of the Lura Health monitoring system.
  • We are very pleased to continue our cooperation with the National Science Foundation.
  • Supporters of Lura Health include the National Science Foundation (NSF), SOSV, SOSVs HAX, Dorm Room Fund (DRF), VentureWell, New England Medical Innovation Center (NEMIC).

Rubi Laboratories raises $4.5m in seed funding to supply major fashion brands with carbon-negative textiles

Retrieved on: 
Wednesday, February 16, 2022
CO2, Doctor of Medicine, Climax, Collaborative Fund, Business, Time, Lyft, Textile, CEO, Mirwais Neeka University, Computational neuroscience, Sustainability, Entrepreneurship, Autodesk, Carbon, Bebe Stores, Biological engineering, Enzyme, SAN, Rayon, Wood, Dorm Room Fund, Potyvirus, Goal, Parity, Technology, Airbnb, Lawrence Berkeley National Laboratory, University of California, Berkeley, UC, Uber, Cellulose, Food, Johns Hopkins University, TikTok, Rubí, Plant, Research, Plug and play, Associate, Harvard Medical School, Plug, Mike Hopkins (basketball), Photosynthesis, National Science Foundation, Industry, Renewable energy, Grand

SAN FRANCISCO, Feb. 16, 2022 /PRNewswire-PRWeb/ --Today, Rubi Laboratories the pioneer in carbon-negative cellulosic textiles announces it has raised $4.5m in seed funding.

Key Points: 
  • SAN FRANCISCO, Feb. 16, 2022 /PRNewswire-PRWeb/ --Today, Rubi Laboratories the pioneer in carbon-negative cellulosic textiles announces it has raised $4.5m in seed funding.
  • The funding will enable Rubi's R&D and commercialization to meet the textile needs of major fashion brands.
  • Founded in 2020 by Neeka and Leila Mashouf, Rubi Laboratories is pioneering the creation of carbon negative cellulosic textiles through its patent-pending, cell-free biocatalytic process, starting with viscose.
  • Roughly 35% of major fashion brands' SKUs are made from viscose, a statistic forecasted to grow 8% every year until 2025.

SlateSafety Raises $1.7M for its Connected Safety Platform

Retrieved on: 
Friday, January 28, 2022
Dorm Room Fund, CEO, Safety, View, National Science Foundation, TIME, Forbes, Injury, Death, United, Collection, Invention, Exertion, Heart rate, Lone worker, Air force, Georgia Tech, Multimedia, VC

Previous investors include early-stage VC firm Dorm Room Fund and angel investor Chris Klaus via Georgia Tech's Create-X Startup Launch Fund.

Key Points: 
  • Previous investors include early-stage VC firm Dorm Room Fund and angel investor Chris Klaus via Georgia Tech's Create-X Startup Launch Fund.
  • SlateSafety holds two patents and the founders have also been recognized on Forbes 30 under 30 .
  • With this investment, we plan to expand our footprint in the connected safety market by growing our team as well as developing and launching the next-generation of our wearable armband the SlateSafety Band V2.
  • The SlateSafety Band V2 has recently been featured in TIME's Top 100 Inventions of 2021 .

ShareWell - Your Online Home for Peer Support Launches Today

Retrieved on: 
Wednesday, October 20, 2021
COVID-19, Depression, Quality of life, SAN, Anxiety, Founder, Qwiki, Yahoo!, Sexual identity, Dorm Room Fund, Sexual abuse, Time, Grammatical mood, Founder CEO, Marketing, Mental health, CEO, Hope, First Round Capital, CDC, Princeton University, CeCe, Heart, Tutoring

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire-PRWeb/ -- Today, a new startup, ShareWell, launches to become an online home for peer support to ensure everyone across the globe has access to make mental health a priority.

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire-PRWeb/ -- Today, a new startup, ShareWell, launches to become an online home for peer support to ensure everyone across the globe has access to make mental health a priority.
  • The website launches today to offer access to daily free online video support groups on topics including emotional abuse, anxiety, depression, Covid-19, addiction, sexual identity and more.
  • I could not have gained the strength that I feel now without the power of peer support from Sharewell."
  • ShareWell aims to be the world's first online home for peer support and we are starting by offering free sessions to anyone in need."