House Capital

What is House Capital?

House Capital, referred to as The House Fund on their website, is a pre-seed and early-stage venture capital fund dedicated to investing in startups associated with the University of California, Berkeley community. They focus on companies with at least one founder who is a Berkeley alumni, faculty member, student, or affiliate.

The fund's investment thesis targets Berkeley's boldest startups, particularly at the inception stage, with investment amounts ranging up to $2,000,000 for early-stage rounds, and up to $1,000,000 for pre-seed rounds. Their sweet spot for investment is around $1,500,000.

The House Fund specializes in Seed investments and boasts an impressive track record, including partnerships from inception with founders who have successfully built six unicorns out of seven total. They operate with a philosophy of building a home for unstoppable entrepreneurs who are set to build generational companies, akin to notable Berkeley-founded companies like Apple, Tesla, and Intel.

With a network that includes over 100 startups backed, over $5.2 billion in follow-on capital raised, at least 20 exits, and seven unicorns, The House Fund places significant emphasis on the Berkeley startup ecosystem, positioning themselves as a substantial pillar of support for the entrepreneurial community associated with UC Berkeley.

The fund also hosts various offerings such as an AI Accelerator, and they actively participate in events to further integrate founders into their network of investors, mentors, and industry leaders.

They value and encourage the spirit of innovation and robust entrepreneurial drive that is characteristic of the UC Berkeley network.