# Lerer Ventures: portfolio, investments and team

> Lerer Ventures is a vc firm based in United States. 154 investments on record, latest Dec 2017. Portfolio, stages, co-investors and team.

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

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

# Lerer Ventures

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

Quiet New fund $3.4M, Jul 2015 VC firm

Seed Series A Venture

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 154 on record

Since the last cheque **3244** days **00** hrs **00** min **00** sec

Median round **$2.5M** Rounds led **0 of 154** Exits **37 from the portfolio** Mostly in **United States, 93%**

Pitch Lerer Ventures

## Lerer Ventures highlights

- 01 154 rounds on record
- 02 Mostly Seed and Series A: 83% of its rounds
- 03 37 exits from the portfolio

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2015-07 From 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 first **154 appearances**

- **2017** 2 rounds
- **Dec** **[Genie](https://millionrounds.com/company/genie)** US · FinSMEs **$3.0M** With 12 others
- **Jun** **[Wonderschool](https://millionrounds.com/company/wonderschool)** Seed · US · FinSMEs **$2.0M** With 3 others
- **2013** 39 rounds
- **Dec** **[Doctor on Demand](https://millionrounds.com/company/doctor-on-demand)** Seed · US · techcrunch.com **$3.0M** With 7 others
- **Nov** **[littleBits Electronics](https://millionrounds.com/company/littlebits-electronics)** Series A · US · finsmes.com **$11M** With 11 others
- **Nov** **[Knozen](https://millionrounds.com/company/knozen)** Seed · US · techcrunch.com **$2.3M** With 5 others
- **Oct** **[Frontback](https://millionrounds.com/company/frontback)** Seed · US · techcrunch.com **$3.0M** With 11 others
- **Oct** **[Mic Network](https://millionrounds.com/company/mic-network)** Seed · US · marketbrief.com **$3.2M** With 4 others
- **Oct** **[Soylent Corporation](https://millionrounds.com/company/soylent-corporation)** Seed · US · techcrunch.com **$1.5M** With 3 others
- **Oct** **[Splice](https://millionrounds.com/company/splice)** Seed · US · finsmes.com **$2.8M** With 9 others
- **Oct** **[Tulip Retail](https://millionrounds.com/company/tulip-retail)** Seed · CA · techcrunch.com **$2.4M** With 12 others
- **Sept** **[Into The Gloss](https://millionrounds.com/company/into-the-gloss)** Seed · US · techcrunch.com **$2.0M** With 1 other
- **Sept** **[ActionX](https://millionrounds.com/company/actionx)** Series A · US · pandodaily.com **$3.0M** With 5 others
- **Sept** **[Songza](https://millionrounds.com/company/songza)** Growth · US · techcrunch.com **$4.7M** With 11 others
- **Aug** **[LE TOTE](https://millionrounds.com/company/le-tote)** Seed · US · techcrunch.com **$1.8M** With 17 others
- **Aug** **[Carnival](https://millionrounds.com/company/carnival)** Seed · US · pandodaily.com **$2.4M** With 7 others
- **Aug** **[Dragon Innovation](https://millionrounds.com/company/dragon-innovation)** Crowdfunding · US · techcrunch.com **$2.1M** With 2 others
- **Aug** **[Startups](https://millionrounds.com/company/startups)** Seed · IN · gigaom.com **$2.3M** With 3 others
- **Aug** **[Maxwell Health](https://millionrounds.com/company/maxwell-health)** Series A · US · techcrunch.com **$2.0M** With 4 others
- **Jul** **[Bottlenose](https://millionrounds.com/company/bottlenose)** Series A · US · techcrunch.com **$3.6M** With 11 others
- **Jul** **[JOOR](https://millionrounds.com/company/joor)** Series B · US · techcrunch.com **$15M** With 6 others
- **Jul** **[Panjo](https://millionrounds.com/company/panjo)** Seed · US · finsmes.com **$1.6M** With 4 others
- **Jul** **[Soma](https://millionrounds.com/company/soma)** Seed · US · techcrunch.com **$3.7M** With 11 others
- **Jul** **[Bench](https://millionrounds.com/company/bench)** Seed · US **$2.0M** With 3 others
- **Jul** **[Quartzy](https://millionrounds.com/company/quartzy)** Series A · US · blogs.wsj.com **$4.0M** With 5 others
- **Jun** **[Brit + Co](https://millionrounds.com/company/brit-co)** Series A · US · techcrunch.com **$6.3M** With 7 others
- **Jun** **[Namely](https://millionrounds.com/company/namely)** Series A · US · news.namely.com **$3.4M** With 4 others
- **Jun** **[Sunrise](https://millionrounds.com/company/sunrise)** Seed · US · techcrunch.com **$2.2M** With 21 others
- **May** **[Dering Hall](https://millionrounds.com/company/dering-hall)** Seed · US · techcrunch.com **$1.4M** With 2 others
- **May** **[PandoDaily](https://millionrounds.com/company/pandodaily)** Seed · US · pevc.dowjones.com **$3.0M** With 19 others
- **May** **[Runscope](https://millionrounds.com/company/runscope)** Seed · US · techcrunch.com **$1.1M** With 6 others
- **May** **[Skift](https://millionrounds.com/company/skift)** Seed · US · techcrunch.com **$1.1M** With 14 others
- **May** **[Cover](https://millionrounds.com/company/cover)** Seed · US · techcrunch.com **$1.5M** With 13 others
- **May** **[Panna](https://millionrounds.com/company/panna)** Seed · US · techcrunch.com **$1.4M** With 17 others
- **May** **[Memoir](https://millionrounds.com/company/memoir)** Seed · US **Undisclosed** With 3 others
- **May** **[NowThis News](https://millionrounds.com/company/nowthis-news)** Series B · US · daniellemorrill.com **$4.8M** With 3 others
- **Apr** **[Just Sing It](https://millionrounds.com/company/just-sing-it)** Venture · US · pevc.dowjones.com **$1.0M** With 5 others
- **Apr** **[Hoteles y Clubs de Vacaciones SA](https://millionrounds.com/company/hoteles-y-clubs-de-vacaciones-sa)** Venture · ES **$750K** With 2 others
- **Feb** **[Jibe](https://millionrounds.com/company/jibe)** Series B · US · techcrunch.com **$10M** With 5 others
- **Jan** **[Circa](https://millionrounds.com/company/circa)** Seed · US · techcrunch.com **$750K** With 5 others
- **Jan** **[Refinery29](https://millionrounds.com/company/refinery29)** Series B · US · techcrunch.com **$5.6M** With 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 registration **5 named**

BL **Benjamin Lerer** Manager of the General Partner/Manager i Filing they signed

BL **Benjamin Leter** Manager of the Manager i Filing they signed

EH **Eric Hippeau** Manager of the General Partner/Manager i Filing they signed

JC **Jordan Cooper** Manager of the General Partner/Manager i Filing they signed

KL **Kenneth Lerer** Manager of the General Partner/Manager i Filing 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 listed **37 in all**

**[Dispatch](https://millionrounds.com/company/dispatch)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Nov 2017

**[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

**[SHIFT](https://millionrounds.com/company/shift)** Bought by Brand Networks **$50M** May 2015

**[Consumr](https://millionrounds.com/company/consumr)** Bought by Purch **Undisclosed** Mar 2015

**[Appsfire](https://millionrounds.com/company/appsfire)** Bought by Mobile Network Group **$30M** Feb 2015

**[Sunrise](https://millionrounds.com/company/sunrise)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$100M** Feb 2015

**[OnSwipe](https://millionrounds.com/company/onswipe)** Bought by Beanstock Media **Undisclosed** Aug 2014

**[SmartThings](https://millionrounds.com/company/smartthings)** Bought by [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) **$200M** Jul 2014

**[Newsle](https://millionrounds.com/company/newsle)** Bought by [LinkedIn](https://millionrounds.com/fund/linkedin) **Undisclosed** Jul 2014

**[Songza](https://millionrounds.com/company/songza)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jul 2014

**[Cover](https://millionrounds.com/company/cover)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Apr 2014

**[BalconyTV](https://millionrounds.com/company/balconytv)** Bought by The Orchard **Undisclosed** Mar 2014

**[Simple](https://millionrounds.com/company/simple)** Bought by [Banco Bilbao Vizcaya Argentaria](https://millionrounds.com/fund/banco-bilbao-vizcaya-argentaria) **$117M** Feb 2014

**[Tutorspree](https://millionrounds.com/company/tutorspree)** Bought by WyzAnt.com **Undisclosed** Jan 2014

**[Branch](https://millionrounds.com/company/branch)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$15M** Jan 2014

**[Moped](https://millionrounds.com/company/moped)** Bought by 6Wunderkinder / Wunderlist **Undisclosed** Dec 2013

**[Dispatch](https://millionrounds.com/company/dispatch)** Bought by Meetup **Undisclosed** Oct 2013

**[Cue](https://millionrounds.com/company/cue)** Bought by [Apple](https://millionrounds.com/fund/apple) **$50M** Oct 2013

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

New fund on file

**$3.4M**

raised in Jul 2015

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

## The cheque

Seed Series A Venture

Median round joined **$2.5M** the round, not its cheque

Led 0 of 154 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Dec 2017
- **Exits:** 37 from the portfolio

Rounds by stage said on their site

- Seed *82*
- Series A *42*
- Venture *12*
- Series B *9*
- Growth *2*
- Debt *2*

Cheques by year Led Joined

2009 2017

Often in the room with

- [SV Angel](https://millionrounds.com/fund/sv-angel) 52
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 24
- [Betaworks](https://millionrounds.com/fund/betaworks) 22
- [Founder Collective](https://millionrounds.com/fund/founder-collective) 22
- [BoxGroup](https://millionrounds.com/fund/boxgroup) 16
- [RRE Ventures](https://millionrounds.com/fund/rre-ventures) 16

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

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## 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.

[**SV Angel** VC firm **52** rounds together](https://millionrounds.com/fund/sv-angel)[**First Round Capital** VC firm **24** rounds together](https://millionrounds.com/fund/first-round-capital)[**Betaworks** VC firm **22** rounds together](https://millionrounds.com/fund/betaworks)[**Founder Collective** VC firm **22** rounds together](https://millionrounds.com/fund/founder-collective)[**BoxGroup** VC firm **16** rounds together](https://millionrounds.com/fund/boxgroup)[**RRE Ventures** VC firm **16** rounds together](https://millionrounds.com/fund/rre-ventures)[**SoftBank Capital** VC firm **14** rounds together](https://millionrounds.com/fund/softbank-capital-2)[**David Tisch** VC firm **13** rounds together](https://millionrounds.com/fund/david-tisch)[**Thrive Capital** Accelerator **13** rounds together](https://millionrounds.com/fund/thrive-capital)[**Andreessen Horowitz** VC firm **11** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Lerer Hippeau** VC firm **11** rounds together](https://millionrounds.com/fund/lerer-hippeau)[**New Enterprise Associates** VC firm **9** rounds together](https://millionrounds.com/fund/new-enterprise-associates)

## Recently backed

The latest companies Lerer Ventures put money into.

[**Wonderschool** $2.0M · Jun 2017](https://millionrounds.com/company/wonderschool)

## 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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