Lerer Hippeau, one among New York’s most prolific A-list VC corporations, has filed to lift its ninth fund, in keeping with an SEC submitting made Wednesday. There isn’t any goal elevate quantity.
Lerer Hippeau didn’t instantly reply to our request for remark.
The agency, based in 2010, has greater than $1.2 billion in property underneath administration, in keeping with Pitchbook, and has invested in additional than 400 firms together with footwear maker Allbirds, eyewear maker Warby Parker, social media platform Pie, gifting platform On Me, mattress firm Casper, and the web furnishings market Kayio.
Last yr, it introduced the shut of two new funds: Select Fund IV for $85.9 million, which we reported can be used to again firms from Series A to C, and Fund VIII for $143 million, which we reported would concentrate on pre-seed and seed-stage firms.
