# Lerer Hippeau: portfolio, investments and team

> Lerer Hippeau is a vc firm based in United States. 417 investments on record, 31 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/lerer-hippeau (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Lerer Hippeau

Last cheque observed Oct 2026; 417 cheques on record.

Email

Deploying now New fund $143M, Dec 2024 VC firm

Pre-seed Seed Series A B2C B-to-c Enterprise

Follow Lerer Hippeau and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Flerer-hippeau)

Deploying now

**66%** of best year **31** **cheques in 12 months**, 417 on record

Since the last cheque **2** days **00** hrs **00** min **00** sec

Median round **$9.7M** Cheque size, as they say **$100K – $3.0M** Rounds led **5 of 417** Sole investor **15 rounds** Exits **15 from the portfolio** Mostly in **United States, 95%**

Pitch Lerer Hippeau

## Lerer Hippeau highlights

- 01 31 cheques in the last 12 months
- 02 Mostly Seed and Series A: 64% of its rounds
- 03 Sole investor in 15 rounds, median $3.4M
- 04 15 exits from the portfolio

## What they do

> Lerer Hippeau: Investing in innovative startups. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $3.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** B2C B-to-c Enterprise
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **417 appearances**

- **2026** 24 rounds
- **Oct** **[ShareWillow](https://millionrounds.com/company/sharewillow)** Seed · US · AlleyWatch **$8.5M** With 7 others
- **Sept** **[Lockchain.ai](https://millionrounds.com/company/lockchain-ai)** Venture · US **$2.0M** With 3 others
- **Sept** **[Brodie Rec Leagues](https://millionrounds.com/company/brodie-rec-leagues)** Seed · CA **$2.5M** With 1 other
- **Aug** **[Ordway](https://millionrounds.com/company/ordway)** US · Ventureburn **$20M** With 5 others
- **Aug** **[Augmodo](https://millionrounds.com/company/augmodo)** US · Ventureburn **$21M** With 8 others
- **Jul** **[P-1 AI](https://millionrounds.com/company/p-1-ai)** Series A · US **$50M** With 4 others
- **Jun** **[Scotch](https://millionrounds.com/company/scotch)** Series A · US · Crunchbase News **$20M** With 3 others
- **Jun** **[Scaled Cognition](https://millionrounds.com/company/scaled-cognition)** Series A · US **$100M** With 1 other
- **May** **[MOTHER.Tech](https://millionrounds.com/company/mother-tech)** Seed · US · AlleyWatch **$15M** With 3 others
- **May** **[Brami](https://millionrounds.com/company/brami)** Series B · US **$33M** With 1 other
- **May** **[Texture](https://millionrounds.com/company/texture)** Series A · US **$13M** With 2 others
- **May** **[10Beauty](https://millionrounds.com/company/10beauty)** Venture · US **$24M** With 3 others
- **May** **[Mother Games](https://millionrounds.com/company/mother-games)** Seed · US **$15M** With 3 others
- **May** **[Thea](https://millionrounds.com/company/thea)** Pre-seed · US **$4.0M** With 3 others
- **Apr** **[Quartzy](https://millionrounds.com/company/quartzy)** Growth · US · Ventureburn **$23M** With 5 others
- **Apr** **[Allbirds](https://millionrounds.com/company/allbirds)** US **$100M** With 4 others
- **Mar** **[Performance Drone Works (PDW)](https://millionrounds.com/company/performance-drone-works-pdw)** Series B · US · Ventureburn **$110M** With 7 others
- **Feb** **[The Six Bells](https://millionrounds.com/company/the-six-bells)** Venture · US **$6.2M** With 2 others
- **Jan** **[Performance Drone Works](https://millionrounds.com/company/performance-drone-works)** Venture · US **$390K** With 2 others
- **Jan** **[BarkBox](https://millionrounds.com/company/barkbox)** Debt · US **$35M** With 5 others
- **Jan** **[WeatherPromise](https://millionrounds.com/company/weatherpromise)** Series A · US **$13M** With 3 others
- **Jan** **[Symbiotic Security](https://millionrounds.com/company/symbiotic-security)** Seed · US **$10M** With 4 others
- **Jan** **[Climatic Health](https://millionrounds.com/company/climatic-health)** Seed · US **$10M** With 1 other
- **Jan** **[Trestle](https://millionrounds.com/company/trestle)** Seed · US **$3.3M** With 3 others
- **2025** 36 rounds
- **Dec** **[On Me](https://millionrounds.com/company/on-me)** Seed · US · TechCrunch **$6.0M** With 3 others
- **Dec** **[Camp](https://millionrounds.com/company/camp)** US **$17M** With 1 other
- **Dec** **[Built AI](https://millionrounds.com/company/built-ai)** Seed · GB **$6.0M** With 3 others
- **Dec** **[Opentrons](https://millionrounds.com/company/opentrons)** Series D · US **$20M** With 6 others
- **Dec** **[AIR Platforms](https://millionrounds.com/company/air-platforms)** Seed · US **$6.1M** Sole investor
- **Dec** **[Haven Energy](https://millionrounds.com/company/haven-energy)** Series B · US **$40M** With 1 other
- **Nov** **[Teleskope](https://millionrounds.com/company/teleskope)** Series A · US · AlleyWatch **$25M** With 4 others
- **Oct** **[Daylight](https://millionrounds.com/company/daylight)** US · Ventureburn **$75M** With 6 others
- **Oct** **[Medmo](https://millionrounds.com/company/medmo)** Series A · US · AlleyWatch **$15M** With 5 others
- **Oct** **[Mentium](https://millionrounds.com/company/mentium)** Seed · US · TechStartups **$3.2M** *Led*
- **Oct** **[Daylight](https://millionrounds.com/company/daylight)** Debt · US **$60M** With 4 others
- **Oct** **[Forum AI](https://millionrounds.com/company/forum-ai)** Seed · US **$3.0M** Sole investor
- **Oct** **[Armstrong Robotics](https://millionrounds.com/company/armstrong-robotics)** Venture · US **Undisclosed** With 2 others
- **Oct** **[Magic](https://millionrounds.com/company/magic)** Seed · US **$10M** With 5 others
- **Oct** **[Altitude](https://millionrounds.com/company/altitude)** Seed · US **$6.9M** With 3 others
- **Oct** **[Texture](https://millionrounds.com/company/texture)** Venture · US **$2.0M** With 2 others

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.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

BS **Benjamin Samuel Sailer Lerer** Managing Partner/Member of Lerer Hippeau Ventures Management, LLC i Form ADV

DR **Daniel Rochkind** Chief Financial Officer i Form ADV

EC **Eric Claude Hippeau** Managing Partner/Member of Lerer Hippeau Ventures Management, LLC i Form ADV

GC **Graham C. Brown** Managing Partner/Member of Lerer Hippeau Ventures Management, LLC i Form ADV

IS **Isabel Sarah Sailer Lerer** Member of Lerer Hippeau Ventures Management, LLC i Form ADV

KB **Kenneth Bruce Lerer** Managing Partner of Lerer Hippeau Ventures Management, LLC i Form ADV

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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.9B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Lerer Hippeau Ventures Management, LLC
- **SEC number:** CRD 162263

Who backs their funds

## 1 LP on record in Lerer Hippeau's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**Cendana Capital** 1 fund](https://millionrounds.com/fund/cendana-capital) Fund Vintage Committed Lerer Hippeau - -

## What they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[10beauty](https://millionrounds.com/company/10beauty)[A Bit](https://millionrounds.com/company/zynga)[Abra](https://millionrounds.com/company/abra)[Airbnb](https://millionrounds.com/company/airbnb)[Airplatforms](https://millionrounds.com/company/air-platforms)[Allbirds](https://millionrounds.com/company/allbirds)[Aol](https://millionrounds.com/company/aol)[Augmentir](https://millionrounds.com/company/augmentir)[Augmodo](https://millionrounds.com/company/augmodo)[Augury](https://millionrounds.com/company/augury)[Autofi](https://millionrounds.com/company/autofi)[Ava](https://millionrounds.com/company/ava)[Axial](https://millionrounds.com/company/axial)[Bark](https://millionrounds.com/company/bark)[Baublebar](https://millionrounds.com/company/baublebar)[Birdstop](https://millionrounds.com/company/birdstop)[Blade](https://millionrounds.com/company/blade)[Blockdaemon](https://millionrounds.com/company/blockdaemon)[Blockrenovation](https://millionrounds.com/company/block-renovation)[Bloglovin](https://millionrounds.com/company/bloglovin)[Board](https://millionrounds.com/company/board)[Bookkeep](https://millionrounds.com/company/bookkeep)[Brit](https://millionrounds.com/company/brit-co)[Builtai](https://millionrounds.com/company/built-ai)[Buzzfeed](https://millionrounds.com/company/buzzfeed)[Cantina](https://millionrounds.com/company/cantina)[Casper](https://millionrounds.com/company/casper)[Cellularintelligence](https://millionrounds.com/company/cellular-intelligence)[Celtra](https://millionrounds.com/company/celtra)[Chartbeat](https://millionrounds.com/company/chartbeat)[Chubbiesshorts](https://millionrounds.com/company/chubbies-shorts)[Classdojo](https://millionrounds.com/company/classdojo)[Climatichealth](https://millionrounds.com/company/climatic-health)[Cocoon](https://millionrounds.com/company/cocoon)[Codeclimate](https://millionrounds.com/company/code-climate)[Compose](https://millionrounds.com/company/compose)[Conflixis](https://millionrounds.com/company/conflixis)[Cotopaxi](https://millionrounds.com/company/cotopaxi)[Coverahealth](https://millionrounds.com/company/covera-health)[Crexi](https://millionrounds.com/company/crexi)[Crossingminds](https://millionrounds.com/company/crossing-minds)[Crowdtangle](https://millionrounds.com/company/crowdtangle)[Crypttv](https://millionrounds.com/company/crypt-tv)[Cultureiq](https://millionrounds.com/company/cultureiq)[Curehydration](https://millionrounds.com/company/cure-hydration)[Databand](https://millionrounds.com/company/databand)[Deringhall](https://millionrounds.com/company/dering-hall)[Dia &](https://millionrounds.com/company/dia)[Digitalgenius](https://millionrounds.com/company/digitalgenius)[Disclo](https://millionrounds.com/company/disclo)[Docsend](https://millionrounds.com/company/docsend)[Dragoninnovation](https://millionrounds.com/company/dragon-innovation)[Everlane](https://millionrounds.com/company/everlane)[Everytable](https://millionrounds.com/company/everytable)[Expressable](https://millionrounds.com/company/expressable)[Fatherly](https://millionrounds.com/company/fatherly)[Fieldlens](https://millionrounds.com/company/fieldlens)[Fitlab](https://millionrounds.com/company/fitlab)[Food52](https://millionrounds.com/company/food52)[Freshnation](https://millionrounds.com/company/fresh-nation) and 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **15 in all**

**[Squad](https://millionrounds.com/company/squad)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Dec 2020

**[Wondery](https://millionrounds.com/company/wondery)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Dec 2020

**[Giphy](https://millionrounds.com/company/giphy)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$400M** May 2020

**[CrowdTangle](https://millionrounds.com/company/crowdtangle)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Nov 2016

**[Cover](https://millionrounds.com/company/cover)** Bought by [Velocity](https://millionrounds.com/fund/velocity) **Undisclosed** Sept 2015

**[Compose](https://millionrounds.com/company/compose)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Jul 2015

**[Twice](https://millionrounds.com/company/twice)** Bought by [eBay](https://millionrounds.com/fund/ebay) **Undisclosed** Jul 2015

**[Niche](https://millionrounds.com/company/niche)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$50M** Feb 2015

**[Torando Labs](https://millionrounds.com/company/torando-labs)** Bought by BuzzFeed **Undisclosed** Oct 2014

**[Fullscreen](https://millionrounds.com/company/fullscreen)** Bought by [Otter Media](https://millionrounds.com/fund/otter-media) **Undisclosed** Sept 2014

**[Poptip](https://millionrounds.com/company/poptip)** Bought by [Palantir Technologies](https://millionrounds.com/fund/palantir-technologies) **Undisclosed** Jul 2014

**[BestVendor](https://millionrounds.com/company/bestvendor)** Bought by Docstoc **Undisclosed** Aug 2013

**[Metaresolver](https://millionrounds.com/company/metaresolver)** Bought by Millennial Media **Undisclosed** Feb 2013

**[Kingfish Labs](https://millionrounds.com/company/kingfish-labs)** Bought by BuzzFeed **Undisclosed** Sept 2012

**[GroupMe](https://millionrounds.com/company/groupme)** Bought by [Skype](https://millionrounds.com/fund/skype) **Undisclosed** Aug 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$143M**

raised in Dec 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$9.7M** the round, not its cheque Alone, median **$3.4M**

Led 5 of 417 rounds **1%**

- **Said size:** $100K – $3.0M
- **Sole investor:** 15 rounds
- **Last cheque:** Oct 2026
- **Exits:** 15 from the portfolio

Rounds by stage said on their site

- Seed said *145*
- Series A said *94*
- Venture *73*
- Series B said *43*
- Series C *16*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [BoxGroup](https://millionrounds.com/fund/boxgroup) 54
- [SV Angel](https://millionrounds.com/fund/sv-angel) 35
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 29
- [Greycroft](https://millionrounds.com/fund/greycroft) 27
- [Founder Collective](https://millionrounds.com/fund/founder-collective) 26
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 20

**Pitching Lerer Hippeau?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

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.

[**BoxGroup** VC firm **54** rounds together](https://millionrounds.com/fund/boxgroup)[**SV Angel** VC firm **35** rounds together](https://millionrounds.com/fund/sv-angel)[**Y Combinator** Accelerator **29** rounds together](https://millionrounds.com/fund/y-combinator)[**Greycroft** VC firm **27** rounds together](https://millionrounds.com/fund/greycroft)[**Founder Collective** VC firm **26** rounds together](https://millionrounds.com/fund/founder-collective)[**First Round Capital** VC firm **20** rounds together](https://millionrounds.com/fund/first-round-capital)[**Correlation Ventures** VC firm **19** rounds together](https://millionrounds.com/fund/correlation-ventures)[**RRE Ventures** VC firm **19** rounds together](https://millionrounds.com/fund/rre-ventures)[**Slow Ventures** VC firm **18** rounds together](https://millionrounds.com/fund/slow-ventures)[**FJ Labs** VC firm **16** rounds together](https://millionrounds.com/fund/fj-labs)[**Red Sea Ventures** VC firm **15** rounds together](https://millionrounds.com/fund/red-sea-ventures)[**Advancit Capital** VC firm **14** rounds together](https://millionrounds.com/fund/advancit-capital)

## Recently backed

The latest companies Lerer Hippeau put money into.

[**ShareWillow** $8.5M · Oct 2026](https://millionrounds.com/company/sharewillow)[**Lockchain.ai** $2.0M · Sept 2026](https://millionrounds.com/company/lockchain-ai)[**Brodie Rec Leagues** $2.5M · Sept 2026](https://millionrounds.com/company/brodie-rec-leagues)[**Ordway** $20M · Aug 2026](https://millionrounds.com/company/ordway)[**Augmodo** $21M · Aug 2026](https://millionrounds.com/company/augmodo)[**P-1 AI** $50M · Jul 2026](https://millionrounds.com/company/p-1-ai)

## On podcasts

5 episodes naming Lerer Hippeau in the title, and 4 more that mention it.

- [VC10X](https://millionrounds.com/podcasts/vc10x) 11 Aug 2026 · 54 min VC10X - 12 Years at a Seed Fund - Andrea Hippeau, Head of Portfolio Management, Lerer Hippeau With [Andrea Hippeau](https://millionrounds.com/person/andrea-hippeau) Mentions [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) Apple PodcastsShow page
- [VC10X](https://millionrounds.com/podcasts/vc10x) 28 Mar 2024 · 42 min VC10X - Why Sales Is The Most Important Skill For Founders? - Andrea Hippeau - Partner, Lerer Hippeau With [Andrea Hippeau](https://millionrounds.com/person/andrea-hippeau) Mentions [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page
- [Venture Unlocked](https://millionrounds.com/podcasts/venture-unlocked) 11 Oct 2023 · 51 min Building competitive moats in VC at Lerer Hippeau with Ben Lerer and Graham Brown With [Graham Brown](https://millionrounds.com/person/graham-brown) Mentions [Ben Lerer](https://millionrounds.com/fund/ben-lerer)[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 5 Sept 2016 · 31 min 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 Mentions [Ben Lerer](https://millionrounds.com/fund/ben-lerer)[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 21 Dec 2015 · 28 min 20 VC: Running Lerer Hippeau Ventures Like A Startup with Eric Hippeau, Managing Partner @ Lerer Hippeau Ventures With [Eric Hippeau](https://millionrounds.com/person/eric-hippeau-2) Mentions [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)[Eric Paley](https://millionrounds.com/person/eric-paley) Apple PodcastsShow page

### Mentioned in

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 9 Sept 2026 · 1h 21m Did OpenAI Steal the Navier-Stokes Solution? | E2335 Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 1 Jul 2026 · 1h 14m Why the VC Hype Cycle Always Gets It Wrong | VC Roundtable | E2307 Apple PodcastsShow page
- [TBPN](https://millionrounds.com/podcasts/tbpn) 25 Feb 2026 · 3h 25m 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 Apple PodcastsShow page
- [TBPN](https://millionrounds.com/podcasts/tbpn) 27 Jan 2026 · 3h 50m Clawdbot Creator Peter Steinberger Joins, Meta's Premium Subscription Plans | Jamie Cuffe, Ben Lerer, Lucas Atkins, Bridgit Mendler, Jeff Miller, Aaron Frank Apple PodcastsShow page

## Quick answers about Lerer Hippeau

### 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.

### How active is Lerer Hippeau?

417 investments on record, 31 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.

### What has Lerer Hippeau invested in recently?

Its most recent investments on record: ShareWillow (Seed, Oct 2026), Lockchain.ai (Venture, Sept 2026) and Brodie Rec Leagues (Seed, Sept 2026).

### How big are Lerer Hippeau's cheques?

The median round it joins is $9.7M. It says it writes cheques of $100K to $3.0M.

### Does Lerer Hippeau lead rounds?

Sometimes: it led 5 of its 417 investments on record (1%).

### Where does Lerer Hippeau invest?

Most of the companies it backs are in the United States (95%).

### Is Lerer Hippeau investing now?

Yes: it is actively investing, with 31 investments in the last 12 months.

### Who does Lerer Hippeau invest alongside?

Most often BoxGroup (54 rounds together), SV Angel (35 rounds together) and Y Combinator (29 rounds together).

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