Lerer Hippeau Ventures Management, LLC

Multi-stage venture firmSEC venture capital fund adviser· New York, New YorkLERERHIPPEAU.COM

Lerer Hippeau: Investing in innovative startups. Explore our portfolio and venture capital approach.

In the firm's own words, from its website.

Reported fund assets
$1.9B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
13
Latest vintage
2022
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (80)Team (23)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

18 additional team members, 37 additional co-investors and affiliates, 98 additional investments, funds and LPs, 26 events, 17 verified contacts (14 professional url, 2 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 4 companies
    portfolio raising

    4 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 30 Jun 2026 ($21.2M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  2. 4 deals
    with Greycroft

    Invests most often alongside Greycroft (4 shared deals) and Khosla Ventures (4 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordCo-investors →

People to know

View all people
  • Ben Lerer
    Managing Partner
    Why: Managing partner: runs the firm
    Profile
  • Benjamin Samuel Sailer Lerer
    Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
    Why: Managing partner: runs the firm
    No route on file yet
  • Eric Claude Hippeau
    Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
    Why: Managing partner: runs the firm
    No route on file yet

Relationship network

164 connected entities9 observed rounds1 repeat counterparty1 dated round shown here, 2011

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Lerer Hippeau Ventures Management, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Lerer Hippeau Ventures Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

80 companies on record, 0 new in 12 months
Investments on record
80 companies, 9 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
10Beauty, Inc.portfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Abraportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Actionxportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
87 observed deals
Stated (the firm’s website)
Sectors
ai, energy
Stages
seed, series a, series b
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (4)Healthcare services (2)
lead rate no observed dealsfollow-on rate 33%new companies, 12 months 0

Team

23 current, 2 departed
Decision makers
who to call first, and why; then everyone else by function
  • Ben Lerer · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Benjamin Samuel Sailer Lerer · Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Eric Claude Hippeau · Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
    Why this person: Managing partner: runs the firm; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
23 current, 2 departed
2 departed (kept with end dates)
  • Eric Ashman · Chief Financial Officer Of Lerer Ventures Management, Llc · Sep 1, 2011 to Oct 3, 2012 Inference
  • Joshua Scott Gilbert · Chief Financial Officer · Feb 1, 2019 to Sep 24, 2019 Inference
Contacts
2 general firm email, 1 firm phone, 14 professional url

2 general firm email, 1 firm phone, 14 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

22 vehicles, 0 LPs disclosed
Funds and vehicles
22 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Lerer Hippeau Viii, LPFund2022 form d first saleActive deployment$180M
Mar 31, 2026
111$143M
of $143M
Sep 30, 2022
Lerer Hippeau Select Fund IV, LPGrowth fund2022 form d first saleActive deployment$74.6M
Mar 31, 2026
90$86.0M
of $86.0M
Sep 30, 2022
Lerer Hippeau Zb, LPFund2021 form d first saleMature$3.5M
Mar 31, 2026
1$3.5M
of $3.5M
Nov 4, 2021
Limited partners
0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Known LPs and allocators
4 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
San Jose Police and Fire Department Retirement PlanPUBLIC PENSIONLerer Hippeau IX, LP$5.0M
committed
reported as of Jun 30, 2025Fact Pension disclosure
Peter G Peterson FoundationFOUNDATIONLerer Hippeau Select Fund IV, LP$709,532
fair value on the foundation's return
reported as of Mar 31, 2025Fact IRS Form 990 / 990-PF e-file returns
Peter G Peterson FoundationFOUNDATIONLerer Hippeau Viii, LP$1.6M
fair value on the foundation's return
reported as of Mar 31, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

89 co-investors · on 2 other DFX graphs
Co-investors
89 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Lerer Hippeau Ventures Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Lerer Hippeau Ventures Management, LLC sits on 3 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 3 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

31 dated events, 72 observations from 4 sources
Timeline
31 dated events
  1. Mar 31, 2026
    Lerer Hippeau Ix, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $191,043,736
    Fund first reported on Form ADVFundsInferenceLerer Hippeau IX, LPForm ADV
  2. Mar 31, 2023
    Lerer Hippeau Ventures Cs, LLC no longer reported on Form ADV by Lerer Hippeau Ventures Management, LLC
    Fund no longer reportedFundsInferenceLerer Hippeau Ventures Cs, LLCForm ADV
  3. Jul 1, 2022
    Graham C. Brown joined Schedule A of Lerer Hippeau Ventures Management, LLC as Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
    Person joinedPeopleFactGraham C. BrownForm ADV
  4. Mar 31, 2022
    Lerer Hippeau Select Fund IV, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $68,722,500
    Fund first reported on Form ADVFundsFactLerer Hippeau Select Fund IV, LPForm ADV
  5. Mar 31, 2022
    Lerer Hippeau Viii, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $117,172,500
    Fund first reported on Form ADVFundsFactLerer Hippeau Viii, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 22 private fundsShow
Headquarters
New York, NYadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
LERERHIPPEAU.COM
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 31, 2026
Private funds reported
22 (22 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Kenneth Lerer Associates LLC (Member Of Lerer Hippeau Ventures Management, Llc), owns 25% to 50%; Lerer Holdings Inc. (Manager)
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.9B
  2. Sep 15, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.8B
  3. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.5B
Evidence
78 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2012-04-02Mar 31, 2026FactForm ADV
First Form ADV filing2012-04-02Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2012-04-02Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 14, 2026Factno URL
HeadquartersNew York, NYMar 31, 2026FactForm ADV
HeadquartersNew York, NYMar 29, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 29, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 14, 2026Factno URL
Private funds reported22Mar 31, 2026FactForm ADV
Private funds reported22Mar 31, 2026FactForm ADV
Private funds reported21Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$1.9BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.9BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.8BMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated sectorsAI, energy
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsAI, energy
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, energy
“sector words on the home page”
Sep 14, 2026Factno URL
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 14, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 14, 2026Factno URL
Venture funds reported22Mar 31, 2026FactForm ADV
Venture funds reported22Mar 31, 2026FactForm ADV
Venture funds reported21Mar 29, 2024FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 14, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
75
high
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $1.9B

The inputs behind each score
importance
gav: 0.69 · funds: 1 · people: 0.68 · investments: 0.72 · co investors: 0.79
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 25 · reported gav: $1.9B · first adv filing: 2012-04-02 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-04-02source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.