The House Fund was founded in 2016 and has since made 50+ investments, resulting in $2B in follow-on funding and 10 exits. The firm seeks to invest in companies in the artificial intelligence, machine learning, and software as a service sectors based in Berkeley. The House Fund provides a much-needed ecosystem for Berkeley's entrepreneurs to unite and grow their businesses, which include some of the most brilliant minds and daring businesses in the world, such as Tesla, Apple, and Intel.