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 Ventures V, LP

Lerer Hippeau Ventures V, LP

HarvestClosed to new capitalFundADV: Venture Capital FundLerer Hippeau Ventures Management, LLCDelaware
Amounts, each with its basis
Vintage
2015basis: 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
$111Mwhat may be sold, not what was raised; file 021-246189, sworn by the adviser or filed under this vehicle
Form D sold
$111Mas of the filing of Nov 19, 2015, 70 investors
First sale
Aug 26, 2015
Reported GAV
$417Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
71
Reported on ADV
Mar 25, 2016 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2015-11-19: the stated $110.9M offering reported fully sold (fr-1)
evidence dated Nov 19, 2015. 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
Harvest
vintage over 7 years, still reported
age years: 11first sale: 2015-08-26vintage year: $2,015adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $111Mform d offering usd: $111Mform d latest filed at: 2015-11-19
The fund's own reporting through time
11 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 25, 2016Venture Capital Fund$102M
70$20,0002%yes
May 8, 2017Venture Capital Fund$105M
70$20,0002%yes
Mar 28, 2018Venture Capital Fund$141M
71$20,0002%yes
Mar 20, 2019Venture Capital Fund$186M
71$20,0002%yes
Sep 24, 2019Venture Capital Fund$186M
71$20,0002%yes
Mar 30, 2020Venture Capital Fund$227M
71$20,0002%yes
Mar 26, 2021Venture Capital Fund$289M
71$20,0002%yes
Mar 31, 2022Venture Capital Fund$296M
71$20,0002%yes
Mar 31, 2023Venture Capital Fund$451M
71$20,0002%yes
Sep 8, 2023Venture Capital Fund$451M
71$20,0002%yes
Mar 29, 2024Venture Capital Fund$417M
71$20,0002%yes
Principals and agents
5 principals on Form D, 1 placement agents
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
3 events
  1. Mar 25, 2016
    Lerer Hippeau Ventures V, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $102,029,694
  2. Nov 19, 2015
    Lerer Hippeau Ventures V, LP filed Form D/A: $110,890,000 sold of $110,890,000, Venture Capital Fund
  3. Aug 20, 2015
    Lerer Hippeau Ventures V, LP filed Form D: no sales yet of $75,000,000, Venture Capital Fund
Evidence
31 observations
Every observation on this vehicle