Expa

Expa functions as a startup studio, not a fund. Garrett Camp generates in-house concepts using his own capital, builds an MVP, recruits a CEO, and then syndicates a priced seed round from external VCs once the company shows traction. Traditional VC firms invest other people's money into existing founding teams on a fixed fund lifecycle. Expa has no LPs, no fixed deployment schedule, and no external pressure to exit.

Garrett Camp, as founder and chairman, controls allocation decisions. The studio recruits venture partners and operators to run individual portfolio companies, but the strategic direction and capital commitment authority remain with Camp. Roberto Sanabria has served as a venture partner, sourcing and supporting early-stage concepts.

Expa's initial incubation phase is funded entirely by Camp's personal capital. Once a company reaches seed stage, the studio brings in external venture investors through priced rounds. This structure means Expa itself does not raise funds from limited partners, though its portfolio companies do.

Haus, a rent-to-own home-financing platform, is the most visible Expa creation. The company raised venture funding from investors including Homebrew and 8VC and operated independently before being acquired by Divvy Homes in May 2024. Commute, a corporate shuttle-booking platform, also emerged from the studio and addressed the enterprise transportation market.

Expa is best understood as an operating startup studio rather than a family office. Camp maintains a separate family office structure for wealth management and investment portfolio administration. Expa's mandate is product creation and company building, not wealth preservation or multi-asset allocation.

Expa's portfolio spans mobility, real estate, fintech, and enterprise software. Camp's design philosophy centers on consumer-facing products that reduce friction in everyday life—echoing his work on Uber and StumbleUpon. The studio has recently explored AI-native enterprise tools, though no major spinout has been publicly confirmed in that category.

Garrett Camp's wealth originates from co-founding Uber in 2009. He also founded StumbleUpon, an early web-discovery platform. Liquidity from secondary sales of Uber stock during the company's private growth phase provided the capital base for founding Expa in 2013.