Lerer Hippeau Ventures Management, LLC
SEC exempt reporting adviser (venture capital exemption).
- HQ
- NY
No contact route found yet.
Lerer Hippeau Ventures Management is a generalist investor focused on pre-seed and seed stage startups. Ben Lerer and Eric Hippeau are managing partners, and Graham Brown is also a managing partner. The firm's portfolio includes companies such as Zipline, a drone logistics and delivery company, Hungryroot, a personal grocer powered by AI, and Ollie, a pet wellness brand.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Pre-seed, Seed | Not enough dated deals | Seed, Series A, Series B |
| Sectors | Not stated | Not enough dated deals | Media, Consumer, Enterprise SaaS, Ecommerce |
| Regions | Not stated | Not enough dated deals | NY, CA |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2009 | 1 | Data analytics, Media |
| 2010 | 24 | Media, Consumer, Ecommerce |
| 2011 | 40 | Media, Enterprise SaaS, Consumer |
| 2012 | 49 | Media, Enterprise SaaS, Ecommerce |
| 2013 | 50 | Media, Ecommerce, Enterprise SaaS |
| 2014 | 69 | Media, Ecommerce, Consumer |
| 2015 | 50 | Enterprise SaaS, Consumer, Ecommerce |
| 2016 | 37 | Consumer, Enterprise SaaS, Ecommerce |
| 2017 | 44 | Consumer, Enterprise SaaS, Ecommerce |
| 2018 | 40 | Consumer, Healthtech, Construction and proptech |
| 2019 | 34 | Consumer, Ecommerce, Healthtech |
| 2020 | 17 | Enterprise SaaS, Hardware, Consumer |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2010 | 0 | 12 | 10 | 1 | 0 |
| 2011 | 0 | 17 | 16 | 3 | 0 |
| 2012 | 0 | 28 | 12 | 2 | 2 |
| 2013 | 0 | 27 | 12 | 4 | 2 |
| 2014 | 0 | 32 | 21 | 8 | 1 |
| 2015 | 0 | 20 | 15 | 8 | 2 |
| 2016 | 0 | 17 | 10 | 4 | 3 |
| 2017 | 0 | 16 | 13 | 6 | 3 |
| 2018 | 0 | 16 | 14 | 4 | 1 |
| 2019 | 1 | 17 | 9 | 3 | 3 |
| 2020 | 0 | 4 | 6 | 3 | 2 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Lerer Hippeau IX, LP | approx. 2024 | Not reported | Raising |
| Lerer Hippeau Select Fund IV, LP Generalist investors specializing in pre-seed and seed stage startups, aiming to find founders before they are famous. Portfolio companies span AI, robotics, consumer and fintech. Inferred from the firm's website and portfolio companies | 2022 | $85.96M (Form D) | Late investment period |
| Lerer Hippeau VIII, LP Generalist investors specializing in pre-seed and seed stage startups, aiming to find founders before they are famous. Portfolio companies span AI, robotics, consumer and fintech. Inferred from the firm's website and portfolio companies | 2022 | $143.18M (Form D) | Late investment period |
| Lerer Hippeau Select Fund III, LP | 2019 | $84.07M to $135.78M (Form D and SEC adviser filing) | Follow-ons only |
| Lerer Hippeau VII, LP | 2019 | $130M (Form D) | Follow-ons only |
03 · People across funds
- Benjamin Lerer, Manager of the General Partner of the Issuer
Lerer Hippeau IX, LP (Named on Form D); Lerer Hippeau Select Fund IV, LP (Named on Form D); Lerer Hippeau VIII, LP (Named on Form D); Lerer Hippeau Select Fund III, LP (Named on Form D); Lerer Hippeau VII, LP (Named on Form D)
- Eric Hippeau, Manager of the General Partner of the Issuer
Lerer Hippeau IX, LP (Named on Form D); Lerer Hippeau Select Fund IV, LP (Named on Form D); Lerer Hippeau VIII, LP (Named on Form D); Lerer Hippeau Select Fund III, LP (Named on Form D); Lerer Hippeau VII, LP (Named on Form D)
- Graham Brown, Manager of the General Partner of the Issuer
Lerer Hippeau IX, LP (Named on Form D); Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
- Kenneth Lerer, Manager of the General Partner of the Issuer
Lerer Hippeau Select Fund IV, LP (Named on Form D); Lerer Hippeau VIII, LP (Named on Form D); Lerer Hippeau Select Fund III, LP (Named on Form D); Lerer Hippeau VII, LP (Named on Form D)
- Ben Lerer, Managing Partner
Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
- Isabelle Phelps, Partner
Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
- Madeleine Goldberg, Investor
Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
- Maurice Russo, Investor
Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
- Ron Zori, Venture Partner
Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
- Will McKelvey, Principal
Lerer Hippeau Select Fund IV, LP (Team); Lerer Hippeau VIII, LP (Team); Lerer Hippeau Select Fund III, LP (Team); Lerer Hippeau VII, LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026