Lerer Hippeau Ventures Overview
Lerer Hippeau is a New York-based venture capital firm specializing in early-stage investments. Since its founding in 2010, the firm has established itself as a top supporter of entrepreneurial innovation, focusing on transformative ideas across enterprise and consumer sectors. Lerer Hippeau has invested in more than 350 companies, helping to launch prominent names like Guideline, MIRROR, Blockdaemon, K Health, Allbirds, ZenBusiness, and Thrive. The firm prioritizes supporting founders from the earliest stages, with a portfolio approach that combines mentorship and hands-on support to foster long-term success and category-defining business ventures.
Latest News
growth-positive
Lerer Hippeau closes $230M across two new funds; Ben Lerer is back | TechCrunch
Lerer Hippeau, a prominent New York venture capital firm, announced the launch of two new funds totaling $230 million: LH Seed VIII and LH Select IV. These funds aim to invest in pre-seed to Series C companies, with plans to make 40-45 investments in the seed fund. The firm has a history of investing in 400 companies since its inception in 2010. Alongside the new funds, Lerer Hippeau made management changes, with co-founder Ben Lerer returning full-time after selling Group Nine Media to Vox Media. The firm also promoted Graham Brown to managing partner and appointed Tanaz Mody as head of people. The fundraising environment has shifted, but Lerer Hippeau remains committed to a consistent investment strategy.
InvestmentManagement Changes
growth-positive
Lerer Hippeau closes $230M across two new funds; Ben Lerer is back | TechCrunch
Lerer Hippeau, a prominent New York venture capital firm, announced the launch of two new funds totaling $230 million: LH Seed VIII and LH Select IV. These funds aim to invest in pre-seed, seed-stage, and Series A to C companies. The firm plans to make 40 to 45 investments in the seed fund and follow-on rounds in its portfolio companies. The announcement follows the firms previous unannounced funds totaling $215 million. Additionally, the firm has made management changes, with Ben Lerer returning full-time and Graham Brown promoted to managing partner. The firm is focusing on consistent investment strategies amid changing market conditions. The fundraising environment has been challenging, but Lerer Hippeaus established reputation and loyal limited partners have facilitated the process.
InvestmentManagement Changes
growth-positive
Lerer Hippeau Ventures raises $28M fund for follow-on investments | TechCrunch
Lerer Hippeau Ventures, a seed investment firm, is expanding its investment strategy with a new $28 million fund called LHV Select. This fund will allow the firm to participate in later-stage funding rounds for startups, addressing the issue of running out of money to support companies after Series A rounds. The firm has historically focused on seed investments in New York-based startups, having invested in over 300 companies. LHV Select aims to provide continuity in investment by writing checks typically between $2 million and $3 million. The fund was revealed earlier this year through a regulatory filing, and four investments have already been made from it, though they remain undisclosed.
Investment
growth-positive
NYC's Lerer Ventures Raising $30M Third Fund For Early-Stage Investments | TechCrunch
Lerer Ventures, a well-known seed stage venture capital firm based in New York, has announced the closing of its third fund, raising $36 million. This new fund surpasses its previous fund of $25 million raised in May 2011. Founded by Ken Lerer, the firm focuses on early-stage startups, particularly in the media sector, and has made around 85 investments to date. Notable portfolio companies include Appsfire, Birchbox, and Venmo. The firm has seen successful exits such as GroupMes acquisition by Skype for $41 million. The announcement of the new fund was made on October 24th, marking a significant step in the firms growth trajectory.
Investment
Team Members
2
Web & Social Links
| Website | www.lererhippeau.com/ |
Locations
100 Crosby St #201, New York, NY 10012, USA
Photos & Videos
No files yet
Lerer Hippeau Ventures Business
Business models
—
Product stage
—
Employees
—
Sector
—Target Customer
—Core Technology
—Tags (2)
enterprisesconsumersLerer Hippeau Ventures Financials
—
Total funding
—
Capital raised
—
Last funding
—
Funding stage
—
Total rounds
—
Investors
Lerer Hippeau Ventures Lifecycle
Lerer Hippeau Ventures News
4 articles
growth-positive
Lerer Hippeau closes $230M across two new funds; Ben Lerer is back | TechCrunch
Lerer Hippeau, a prominent New York venture capital firm, announced the launch of two new funds totaling $230 million: LH Seed VIII and LH Select IV. These funds aim to invest in pre-seed to Series C companies, with plans to make 40-45 investments in the seed fund. The firm has a history of investing in 400 companies since its inception in 2010. Alongside the new funds, Lerer Hippeau made management changes, with co-founder Ben Lerer returning full-time after selling Group Nine Media to Vox Media. The firm also promoted Graham Brown to managing partner and appointed Tanaz Mody as head of people. The fundraising environment has shifted, but Lerer Hippeau remains committed to a consistent investment strategy.
InvestmentManagement Changes
growth-positive
Lerer Hippeau closes $230M across two new funds; Ben Lerer is back | TechCrunch
Lerer Hippeau, a prominent New York venture capital firm, announced the launch of two new funds totaling $230 million: LH Seed VIII and LH Select IV. These funds aim to invest in pre-seed, seed-stage, and Series A to C companies. The firm plans to make 40 to 45 investments in the seed fund and follow-on rounds in its portfolio companies. The announcement follows the firms previous unannounced funds totaling $215 million. Additionally, the firm has made management changes, with Ben Lerer returning full-time and Graham Brown promoted to managing partner. The firm is focusing on consistent investment strategies amid changing market conditions. The fundraising environment has been challenging, but Lerer Hippeaus established reputation and loyal limited partners have facilitated the process.
InvestmentManagement Changes
growth-positive
Lerer Hippeau Ventures raises $28M fund for follow-on investments | TechCrunch
Lerer Hippeau Ventures, a seed investment firm, is expanding its investment strategy with a new $28 million fund called LHV Select. This fund will allow the firm to participate in later-stage funding rounds for startups, addressing the issue of running out of money to support companies after Series A rounds. The firm has historically focused on seed investments in New York-based startups, having invested in over 300 companies. LHV Select aims to provide continuity in investment by writing checks typically between $2 million and $3 million. The fund was revealed earlier this year through a regulatory filing, and four investments have already been made from it, though they remain undisclosed.
Investment
growth-positive
NYC's Lerer Ventures Raising $30M Third Fund For Early-Stage Investments | TechCrunch
Lerer Ventures, a well-known seed stage venture capital firm based in New York, has announced the closing of its third fund, raising $36 million. This new fund surpasses its previous fund of $25 million raised in May 2011. Founded by Ken Lerer, the firm focuses on early-stage startups, particularly in the media sector, and has made around 85 investments to date. Notable portfolio companies include Appsfire, Birchbox, and Venmo. The firm has seen successful exits such as GroupMes acquisition by Skype for $41 million. The announcement of the new fund was made on October 24th, marking a significant step in the firms growth trajectory.
Investment
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
Lerer Hippeau Ventures Internal
Recent Updates
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:01:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:04:06.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:50:47.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:06:21.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:01:27.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:04:36.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:04:46.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:01:21.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:50:29.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:01:29.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:03:47.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Automatic · 2024-10-28 09:05:51.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:06:01.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:04:05.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:02:39.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:50:56.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:02:05.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:50:36.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:05:49.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:01:17.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 09:06:07.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:02:40.000000
Ayelet Levi Shinebox
· ayeletlevis@sncentral.org · Manual · 2024-10-28 10:04:07.000000
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 48/100 |
| Missing | product stage, sector, number of employees, tags, business model, tag line, video or image, funding rounds, markets, not claimed |
| Creator | RPA |
| Creator email | sncentraltest@gmail.com |
| Last updater | Ayelet Levi Shinebox |
| Updater email | ayeletlevis@sncentral.org |
| Last update | 2024-10-28T00:00:00.000Z |
| Created | 2019-05-11T00:00:00.000Z |