DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Lerer Hippeau Zb, LP
Lerer Hippeau Zb, LP
MatureClosed to new capitalFundADV: Venture Capital FundLerer Hippeau Ventures Management, LLCDelaware
Amounts, each with its basis
- Vintage
- 2021basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $3.5Mwhat may be sold, not what was raised; file 021-419857, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.5Mas of the filing of Nov 4, 2021, 1 investors
- First sale
- Oct 27, 2021
- Reported GAV
- $3.5Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Mar 31, 2022 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-11-04: the stated $3.5M offering reported fully sold (fr-1)
evidence dated Nov 4, 2021. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-10-27vintage year: $2,021adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $3.5Mform d offering usd: $3.5Mform d latest filed at: 2021-11-04
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $3.0M | 1 | $3.5M | 0% | no | |
| Mar 31, 2023 | Venture Capital Fund | $3.5M | 1 | $3.5M | 0% | no | |
| Sep 8, 2023 | Venture Capital Fund | $3.5M | 1 | $3.5M | 0% | no | |
| Mar 29, 2024 | Venture Capital Fund | $3.5M | 1 | $3.5M | 0% | no |
Principals and agents
5 principals on Form D, 0 placement agents
- Lerer Hippeau Ventures Management, LLC Promoter
- Benjamin Lerer Director
- Kenneth Lerer Director
- Eric Hippeau Director
- Lerer Hippeau Select Fund III GP, LLC Promoter
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
2 events
- Mar 31, 2022Lerer Hippeau Zb, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $3,000,000Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 4, 2021Lerer Hippeau ZB, LP filed Form D: $3,450,000 sold of $3,450,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $3.5M Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $3.5M Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-10-27 Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 1 Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 100 CROSBY STREET, SUITE 201, NEW YORK, NY, 10012 Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Nov 4, 2021 Fact SEC EDGAR Form D data sets (quarterly)