Crescent Fund is a student-run venture capital firm focused on Southern California founders and pre-seed investments in the United States. It writes $25,000 checks into early technology and consumer companies, with interests spanning social media, community, entertainment, e-commerce, childcare, AI, AR/VR, marketplaces, SaaS, robotics and space. The firm is relevant for founders in Southern California raising small early rounds across consumer, social and emerging technology categories.