Lerer Hippeau files to a raise Fund IX

1 day ago

Lerer Hippeau files to a raise Fund IX

In Brief

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 Kayio. 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.

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