United States · Investor

Lerer Ventures

Last cheque observed Dec 2017. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $3.4M, Jul 2015VC firm

SeedSeries AVenture

Cheques on record
0%of best year0cheques in 12 months, 154 on record
Since the last cheque3244days00hrs00min00sec
Median round$2.5MRounds led0 of 154Exits37 from the portfolioMostly inUnited States, 93%
Pitch Lerer Ventures

Lerer Ventures highlights

  1. 01

    154 rounds on record

  2. 02

    Mostly Seed and Series A: 83% of its rounds

  3. 03

    37 exits from the portfolio

What they do

Filed 1 private fund offering with the SEC, the most recent in 2015-07From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Based in
United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first154 appearances

  1. 2017

    2 rounds

  2. Dec
    GenieUS · FinSMEs$3.0MWith 12 others
  3. Jun
    WonderschoolSeed · US · FinSMEs$2.0MWith 3 others
  4. 2013

    39 rounds

  5. Dec
    Doctor on DemandSeed · US · techcrunch.com$3.0MWith 7 others
  6. Nov
    littleBits ElectronicsSeries A · US · finsmes.com$11MWith 11 others
  7. Nov
    KnozenSeed · US · techcrunch.com$2.3MWith 5 others
  8. Oct
    FrontbackSeed · US · techcrunch.com$3.0MWith 11 others
  9. Oct
    Mic NetworkSeed · US · marketbrief.com$3.2MWith 4 others
  10. Oct
    Soylent CorporationSeed · US · techcrunch.com$1.5MWith 3 others
  11. Oct
    SpliceSeed · US · finsmes.com$2.8MWith 9 others
  12. Oct
    Tulip RetailSeed · CA · techcrunch.com$2.4MWith 12 others
  13. Sept
    Into The GlossSeed · US · techcrunch.com$2.0MWith 1 other
  14. Sept
    ActionXSeries A · US · pandodaily.com$3.0MWith 5 others
  15. Sept
    SongzaGrowth · US · techcrunch.com$4.7MWith 11 others
  16. Aug
    LE TOTESeed · US · techcrunch.com$1.8MWith 17 others
  17. Aug
    CarnivalSeed · US · pandodaily.com$2.4MWith 7 others
  18. Aug
    Dragon InnovationCrowdfunding · US · techcrunch.com$2.1MWith 2 others
  19. Aug
    StartupsSeed · IN · gigaom.com$2.3MWith 3 others
  20. Aug
    Maxwell HealthSeries A · US · techcrunch.com$2.0MWith 4 others
  21. Jul
    BottlenoseSeries A · US · techcrunch.com$3.6MWith 11 others
  22. Jul
    JOORSeries B · US · techcrunch.com$15MWith 6 others
  23. Jul
    PanjoSeed · US · finsmes.com$1.6MWith 4 others
  24. Jul
    SomaSeed · US · techcrunch.com$3.7MWith 11 others
  25. Jul
    BenchSeed · US$2.0MWith 3 others
  26. Jul
    QuartzySeries A · US · blogs.wsj.com$4.0MWith 5 others
  27. Jun
    Brit + CoSeries A · US · techcrunch.com$6.3MWith 7 others
  28. Jun
    NamelySeries A · US · news.namely.com$3.4MWith 4 others
  29. Jun
    SunriseSeed · US · techcrunch.com$2.2MWith 21 others
  30. May
    Dering HallSeed · US · techcrunch.com$1.4MWith 2 others
  31. May
    PandoDailySeed · US · pevc.dowjones.com$3.0MWith 19 others
  32. May
    RunscopeSeed · US · techcrunch.com$1.1MWith 6 others
  33. May
    SkiftSeed · US · techcrunch.com$1.1MWith 14 others
  34. May
    CoverSeed · US · techcrunch.com$1.5MWith 13 others
  35. May
    PannaSeed · US · techcrunch.com$1.4MWith 17 others
  36. May
    MemoirSeed · USUndisclosedWith 3 others
  37. May
    NowThis NewsSeries B · US · daniellemorrill.com$4.8MWith 3 others
  38. Apr
    Just Sing ItVenture · US · pevc.dowjones.com$1.0MWith 5 others
  39. Apr
    Hoteles y Clubs de Vacaciones SAVenture · ES$750KWith 2 others
  40. Feb
    JibeSeries B · US · techcrunch.com$10MWith 5 others
  41. Jan
    CircaSeed · US · techcrunch.com$750KWith 5 others
  42. Jan
    Refinery29Series B · US · techcrunch.com$5.6MWith 5 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 registration5 named

BLBenjamin LererManager of the General Partner/ManageriFiling they signed
BLBenjamin LeterManager of the ManageriFiling they signed
EHEric HippeauManager of the General Partner/ManageriFiling they signed
JCJordan CooperManager of the General Partner/ManageriFiling they signed
KLKenneth LererManager of the General Partner/ManageriFiling they signed

We also hold 1 person 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.

Exits from the portfolio

Companies it backed that were later bought or listed37 in all

DispatchBought by AmazonUndisclosedNov 2017
CoverBought by VelocityUndisclosedSept 2015
TwiceBought by eBayUndisclosedJul 2015
SHIFTBought by Brand Networks$50MMay 2015
ConsumrBought by PurchUndisclosedMar 2015
AppsfireBought by Mobile Network Group$30MFeb 2015
SunriseBought by Microsoft$100MFeb 2015
OnSwipeBought by Beanstock MediaUndisclosedAug 2014
SmartThingsBought by Samsung Electronics$200MJul 2014
NewsleBought by LinkedInUndisclosedJul 2014
SongzaBought by GoogleUndisclosedJul 2014
CoverBought by TwitterUndisclosedApr 2014
BalconyTVBought by The OrchardUndisclosedMar 2014
TutorspreeBought by WyzAnt.comUndisclosedJan 2014
BranchBought by Facebook$15MJan 2014
MopedBought by 6Wunderkinder / WunderlistUndisclosedDec 2013
DispatchBought by MeetupUndisclosedOct 2013
CueBought by Apple$50MOct 2013

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Lerer Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Lerer Ventures put money into.

Quick answers about Lerer Ventures

What does Lerer Ventures invest in?

Lerer Ventures invests most often at Seed and Series A (83% of the rounds on record).

How active is Lerer Ventures?

154 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2017.

What has Lerer Ventures invested in recently?

Its most recent investments on record: Genie (Undisclosed round, Dec 2017) and Wonderschool (Seed, Jun 2017).

How big are Lerer Ventures's cheques?

The median round it joins is $2.5M.

Does Lerer Ventures lead rounds?

Rarely, if at all: none of its 154 investments on record names it as the lead.

Where does Lerer Ventures invest?

Most of the companies it backs are in the United States (93%).

Is Lerer Ventures investing now?

No investments in the last 12 months; the latest was in Dec 2017.

Who does Lerer Ventures invest alongside?

Most often SV Angel (52 rounds together), First Round Capital (24 rounds together) and Betaworks (22 rounds together).

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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