Home Venture Capital Lerer Hippeau Closes Two New Funds Totaling $230M

Lerer Hippeau Closes Two New Funds Totaling $230M

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Lerer Hippeau

Lerer Hippeau

Lerer Hippeau, a NYC-based early-stage venture capital firm, closed on $230M in new capital across two funds.

They are:

  • LH Seed VIII, which focuses on pre-seed and seed-stage companies, and
  • LH Select IV, which invests in companies from Series A to C.

With these new funds, Lerer Hippeau has also expanded the team with a series of promotions and new hires.

Graham Brown has been promoted to Managing Partner while Emily Libresco was promoted to Director, Marketing and Communications.

In addition, Managing Partner Ben Lerer has joined Lerer Hippeau in a full-time capacity. He co-founded the fund in 2010 with Kenneth Lerer, and until recently he was also founder and CEO of Group Nine Media. He sold Group Nine to Vox Media earlier this year and now serves as a board director for Vox. Eric Hippeau is the other Managing Partner of the firm.

Lerer Hippeau has also recently added its first Head of People, Tanaz Mody, to join the Platform team and help the firm expand on its suite of post-investment support and services for portfolio companies. Ms. Mody previously served as the Chief People Officer at HQ, a Digital Currency Group subsidiary.

Further, Sharlene Guiriba has just joined the team as an Associate. Ms. Guiriba was most recently a VC Fellow at Harlem Capital and earned her MBA from the University of Chicago Booth School of Business.

Lerer Hippeau is an early-stage venture capital firm whose portfolio includes more than 350 enterprise and consumer businesses including Guideline, MIRROR, Blockdaemon, K Health, Allbirds, ZenBusiness, Zipline, and Warby Parker.

FinSMEs

20/09/2022

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