Lerer Hippeau files to raise Fund IX

Date:

Share post:


Lerer Hippeau, one of New York’s most prolific A-list VC firms, has filed to raise its ninth fund, according to an SEC filing made Wednesday. There is no target raise amount. 

Lerer Hippeau did not immediately respond to our request for comment. 

The firm, founded in 2010, has more than $1.2 billion in assets under management, according to PitchBook, and has invested in more than 400 companies, including footwear maker Allbirds, eyewear maker Warby Parker, social media platform Pie, gifting platform On Me, mattress company Casper, and the online furniture marketplace Kaiyo. 

Last year, it announced the close of two new funds: Select Fund IV for $85.9 million, which we reported would be used to back companies from Series A to C, and Fund VIII for $143 million, which we reported would focus on pre-seed and seed-stage companies.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

X is rolling out a dedicated vertical video feed for US users

Social network X is trying to capitalize on the removal of ByteDance apps like TikTok and Lemon8...

Bluesky launches a custom feed for vertical videos

It is the product shipping time for all social networks with TikTok’s services in the restoration phase, and the...

How to stream Donald Trump’s Inauguration Day 2025

Donald Trump will take the presidential oath of office on Monday in front of the Capitol building...

From recruiting for Palantir to landing a plane on Highway 85: meet defense tech’s wildest power broker

In 2023, defense tech recruiter Peterson Conway VIII pulled up to the offices of nuclear fusion startup...

AI benchmarking organization criticized for waiting to disclose funding from OpenAI

An organization developing math benchmarks for AI didn’t disclose that it had received funding from OpenAI until...

The Pentagon says AI is speeding up its ‘kill chain’

Leading AI developers, such as OpenAI and Anthropic, are threading a delicate needle to sell software to...

Meta announces a new CapCut rival called Edits

Meta Sunday announced a new video editing app called Edits, after ByteDance’s video editing app CapCut was...

TikTok is restoring service in the US

Barely more than 12 hours after TikTok went dark in the United States, the video-sharing app is...