Lerer Hippeau
Lerer Hippeau last closed a fund in December 2024 — 23 months ago. By its own rhythm, that is inside the window where it usually raises again.
Lerer Hippeau has raised 5 times about every 26 months. The last was Lerer Hippeau IX, LP. That points to Feb 2027 — it is inside its window now.
Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
- Funds on file
- 16
- Capital raised
- $818M+
- Latest close
- December 2024
- Based in
- NY
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Lerer Hippeau IX, LP | December 2024 | not stated | 0002044976 ↗ |
| Lerer Hippeau Select Fund IV, LP | January 2022 | $86M | 0001898609 ↗ |
| Lerer Hippeau VIII, LP | January 2022 | $143M | 0001898603 ↗ |
| Lerer Hippeau ZB, LP | October 2021 | $3M | 0001891912 ↗ |
| Lerer Hippeau Select Fund III, LP | December 2019 | $84M | 0001795960 ↗ |
| Lerer Hippeau VII, LP | December 2019 | $130M | 0001795959 ↗ |
| Lerer Hippeau Ventures Select Fund II, LP | December 2017 | $50M | 0001725672 ↗ |
| Lerer Hippeau Ventures VI, LP | December 2017 | $100M | 0001725661 ↗ |
| Lerer Hippeau Ventures Select Fund, LP | February 2017 | $30M | 0001695937 ↗ |
| Lerer Hippeau Ventures V, LP | August 2015 | $75M | 0001651213 ↗ |
| Lerer Hippeau Ventures TBT, LLC | July 2015 | $728,885 | 0001648043 ↗ |
| Lerer Hippeau Ventures CS, LLC | June 2015 | $3M | 0001644085 ↗ |
| Lerer Ventures III, LP | September 2012 | $30M | 0001556789 ↗ |
| Lerer Ventures II, LP | May 2011 | $25M | 0001521269 ↗ |
| Lerer Media Ventures, LP | February 2010 | $7M | 0001481651 ↗ |
| Lerer Hippeau Ventures IV, LP | — | $50M | 0001606267 ↗ |
1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Benjamin Lerer, Kenneth Lerer, Eric Hippeau, Jordan Cooper, Benjamin Leter, Graham Brown
What Lerer Hippeau invests in
- Typical fund
- $50M median, seed to early stage
- Website
- lererhippeau.com
Service providers
- Fund administrator
- Aduro (17 funds)
- Auditor
- BDO (12 funds)
From Form ADV filed by LERER HIPPEAU VENTURES MANAGEMENT, LLC CRD 162263 ↗, latest filing March 2026, covering 17 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.