Lerer Hippeau, one of New York’s most prolific Class A VC firms, has filed to raise its ninth fund, according to an SEC filing Wednesday. There is no target increase amount.
Lerer Hippo did not immediately respond to our request for comment.
Founded in 2010, the company has more than $1.2 billion in assets under management and has invested in more than 400 companies, including shoemaker Allbirds, eyewear maker Warby Parker, social media platform Pie, gifting platform On Me and mattresses, according to Pitchbook. The company Casper and the online furniture marketplace Kayio.
Last year it announced the closing of two new funds. Select Fund IV is set at $85.9 million and will be used to support companies from Series A to C, while Fund VIII is set at $143 million, with the company reporting it will focus on pre-seed. and seed stage companies.
