Lerer Hippeau Ventures Management, LLC
Lerer Hippeau: Investing in innovative startups. Explore our portfolio and venture capital approach.
In the firm's own words, from its website.
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
- 4 companiesportfolio 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.
- 4 dealswith 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.
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmProfile
- Managing Partner/Member Of Lerer Hippeau Ventures Management, LlcWhy: Managing partner: runs the firmNo route on file yet
- Managing Partner/Member Of Lerer Hippeau Ventures Management, LlcWhy: Managing partner: runs the firmNo 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.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
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
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 10Beauty, Inc. | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Abra | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| Actionx | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, energy
- Stages
- seed, series a, series b
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
23 current, 2 departed
Decision makers
- Ben Lerer · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibilityLinkedIn 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, LlcWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Eric Claude Hippeau · Managing Partner/Member Of Lerer Hippeau Ventures Management, LlcWhy 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Partner
- Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
- Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
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 on record, each with its source. Values open with the complete profile.
Funds and LPs
22 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Lerer Hippeau Viii, LP | Fund | 2022 form d first sale | Active deployment | $180M Mar 31, 2026 | 111 | $143M of $143M | Sep 30, 2022 |
| Lerer Hippeau Select Fund IV, LP | Growth fund | 2022 form d first sale | Active deployment | $74.6M Mar 31, 2026 | 90 | $86.0M of $86.0M | Sep 30, 2022 |
| Lerer Hippeau Zb, LP | Fund | 2021 form d first sale | Mature | $3.5M Mar 31, 2026 | 1 | $3.5M of $3.5M | Nov 4, 2021 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| San Jose Police and Fire Department Retirement Plan | PUBLIC PENSION | Lerer Hippeau IX, LP | $5.0M committed | reported as of Jun 30, 2025 | Fact Pension disclosure |
| Peter G Peterson Foundation | FOUNDATION | Lerer Hippeau Select Fund IV, LP | $709,532 fair value on the foundation's return | reported as of Mar 31, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Peter G Peterson Foundation | FOUNDATION | Lerer Hippeau Viii, LP | $1.6M fair value on the foundation's return | reported as of Mar 31, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
89 co-investors · on 2 other DFX graphs
Co-investors
- 2026-10-014 shared deals · strong
- 2026-09-304 shared deals · strong
- 2026-09-304 shared deals · strong
Compare portfolios with Greycroft LP, Khosla Ventures, LLC, Rosecliff Venture Management, LLC or any firm. Co-investors across the market
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths ShowHide
- The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Lerer Hippeau Ventures Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.
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…
Lerer Hippeau Ventures Management, LLC sits on 3 traced paths of capital across the graphs.
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
- Mar 31, 2026Lerer Hippeau Ix, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $191,043,736
- Mar 31, 2023Lerer Hippeau Ventures Cs, LLC no longer reported on Form ADV by Lerer Hippeau Ventures Management, LLC
- Jul 1, 2022Graham C. Brown joined Schedule A of Lerer Hippeau Ventures Management, LLC as Managing Partner/Member Of Lerer Hippeau Ventures Management, Llc
- Mar 31, 2022Lerer Hippeau Select Fund IV, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $68,722,500
- Mar 31, 2022Lerer Hippeau Viii, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $117,172,500
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 22 private fundsShowHide
- 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
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.9B
- Sep 15, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.8B
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $1.5B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-04-02 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-04-02 | Mar 29, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2012-04-02 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 14, 2026 | Fact | ||
| Headquarters | New York, NY | Mar 31, 2026 | Fact | Form ADV |
| Headquarters | New York, NY | Mar 29, 2024 | Fact | Form ADV |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 29, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 14, 2026 | Fact | ||
| Private funds reported | 22 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 22 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 21 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.9B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.9B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.8B | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated sectors | AI, energy “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | AI, energy “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, energy “sector words on the home page” | Sep 14, 2026 | Fact | |
| Stated stages | Seed, series a, series b “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Seed, series a, series b “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | Seed, series a, series b “stage words on the home page” | Sep 14, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 14, 2026 | Fact | ||
| Venture funds reported | 22 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 22 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 21 | Mar 29, 2024 | Fact | Form ADV |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 14, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $1.9B
- 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
- Adviser's first ADV filing2012-04-02source 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.