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 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
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 25, 2016 | Venture Capital Fund | $102M | 70 | $20,000 | 2% | yes | |
| May 8, 2017 | Venture Capital Fund | $105M | 70 | $20,000 | 2% | yes | |
| Mar 28, 2018 | Venture Capital Fund | $141M | 71 | $20,000 | 2% | yes | |
| Mar 20, 2019 | Venture Capital Fund | $186M | 71 | $20,000 | 2% | yes | |
| Sep 24, 2019 | Venture Capital Fund | $186M | 71 | $20,000 | 2% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $227M | 71 | $20,000 | 2% | yes | |
| Mar 26, 2021 | Venture Capital Fund | $289M | 71 | $20,000 | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $296M | 71 | $20,000 | 2% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $451M | 71 | $20,000 | 2% | yes | |
| Sep 8, 2023 | Venture Capital Fund | $451M | 71 | $20,000 | 2% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $417M | 71 | $20,000 | 2% | yes |
Principals and agents
5 principals on Form D, 1 placement agents
- Lerer Hippeau Ventures Management, LLC Promoter
- Kenneth Lerer Director
- Lerer Hippeau Ventures V GP, LLC Promoter
- Benjamin Lerer Director
- Eric Hippeau Director
- GCA Advisors, LLC placement agent
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
- Mar 25, 2016Lerer Hippeau Ventures V, LP first reported on Form ADV by Lerer Hippeau Ventures Management, LLC (Venture Capital Fund), GAV $102,029,694Fund 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 19, 2015Lerer Hippeau Ventures V, LP filed Form D/A: $110,890,000 sold of $110,890,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Aug 20, 2015Lerer Hippeau Ventures V, LP filed Form D: no sales yet of $75,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $111M Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $111M Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $75.0M Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2015-08-26 Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 70 Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: LERER HIPPEAU VENTURES MANAGEMENT, LLC, 560 BROADWAY, SUITE 308, NEW YORK, NY, 10012 Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 560 BROADWAY, SUITE 308, NEW YORK, NY, 10012 Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2015 Nov 19, 2015 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2015 Aug 20, 2015 Fact SEC EDGAR Form D data sets (quarterly)