What does Lerer Hippeau invest in?
Lerer Hippeau invests most often at Seed and Series A (64% of the rounds on record), in sectors such as B2C, B-to-c and Enterprise.

United States · Investor
Last cheque observed Oct 2026; 417 cheques on record.
Deploying nowNew fund $143M, Dec 2024VC firm
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31 cheques in the last 12 months
Mostly Seed and Series A: 64% of its rounds
Sole investor in 15 rounds, median $3.4M
15 exits from the portfolio
Lerer Hippeau: Investing in innovative startups.From their own website
Every round we can evidence, newest first417 appearances
24 rounds
36 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
Named by the firm itself, on a filing, its Form ADV or its company registration6 named
We also hold 23 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
From the firm's own filings with the SEC, which it must file accurately by law
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: an LP list.
| Fund | Vintage | Committed |
|---|---|---|
| Lerer Hippeau | - | - |
From their own portfolio page (on their website)
10beautyA BitAbraAirbnbAirplatformsAllbirdsAolAugmentirAugmodoAuguryAutofiAvaAxialBarkBaublebarBirdstopBladeBlockdaemonBlockrenovationBloglovinBoardBookkeepBritBuiltaiBuzzfeedCantinaCasperCellularintelligenceCeltraChartbeatChubbiesshortsClassdojoClimatichealthCocoonCodeclimateComposeConflixisCotopaxiCoverahealthCrexiCrossingmindsCrowdtangleCrypttvCultureiqCurehydrationDatabandDeringhallDia &DigitalgeniusDiscloDocsendDragoninnovationEverlaneEverytableExpressableFatherlyFieldlensFitlabFood52Freshnationand 68 more
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Companies it backed that were later bought or listed15 in all
An exit counts when it came after the firm's first round in the company. From historical deal records.
The investors most often in the same rounds as Lerer Hippeau. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Lerer Hippeau put money into.
5 episodes naming Lerer Hippeau in the title, and 4 more that mention it.

VC10X - 12 Years at a Seed Fund - Andrea Hippeau, Head of Portfolio Management, Lerer Hippeau
WithAndrea Hippeau
MentionsLerer Hippeau

VC10X - Why Sales Is The Most Important Skill For Founders? - Andrea Hippeau - Partner, Lerer Hippeau
WithAndrea Hippeau
MentionsLerer HippeauGoogle

Building competitive moats in VC at Lerer Hippeau with Ben Lerer and Graham Brown
WithGraham Brown
MentionsBen LererLerer Hippeau

20VC: Lerer Hippeau's Ben Lerer on 'Investing With Imagination', Strategies To Avoid Fomo & Develop Pattern Recognition As An Investor and Why We Have Seen The Rise of Direct To Consumer Business & Will This Continue With Further M&A
MentionsBen LererLerer Hippeau

20 VC: Running Lerer Hippeau Ventures Like A Startup with Eric Hippeau, Managing Partner @ Lerer Hippeau Ventures
WithEric Hippeau
MentionsLerer HippeauEric Paley

Did OpenAI Steal the Navier-Stokes Solution? | E2335

Why the VC Hype Cycle Always Gets It Wrong | VC Roundtable | E2307

Happy Nvidia Day, Salesforce Earnings with Marc Benioff, Anthropic's New Stance on Safety | Doug O'Laughlin, Maxwell Meyer, Ben Lerer, Michael Manapat, Adam Warmoth, Connor Sweeney, Matthew Harpe

Clawdbot Creator Peter Steinberger Joins, Meta's Premium Subscription Plans | Jamie Cuffe, Ben Lerer, Lucas Atkins, Bridgit Mendler, Jeff Miller, Aaron Frank
Lerer Hippeau invests most often at Seed and Series A (64% of the rounds on record), in sectors such as B2C, B-to-c and Enterprise.
417 investments on record, 31 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.
Its most recent investments on record: ShareWillow (Seed, Oct 2026), Lockchain.ai (Venture, Sept 2026) and Brodie Rec Leagues (Seed, Sept 2026).
The median round it joins is $9.7M. It says it writes cheques of $100K to $3.0M.
Sometimes: it led 5 of its 417 investments on record (1%).
Most of the companies it backs are in the United States (95%).
Yes: it is actively investing, with 31 investments in the last 12 months.
Most often BoxGroup (54 rounds together), SV Angel (35 rounds together) and Y Combinator (29 rounds together).
Find the investors who back rounds like yours, and keep every conversation on one fundraising board.
Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it