Lerer Hippeau, one of New York's most prolific A-list VC firms, has filed to raise its ninth fund. According to the SEC. It was done on Wednesday. There is no target amount to increase.
Lerer Hippeau did not immediately respond to our request for comment.
The company, founded in 2010, has more than $1.2 billion in assets under management, according to PitchBook, and shoe maker Allbirds; eyewear maker Warby Parker; social media platform Pie; It has invested in more than 400 companies, including gifting platform On Me. mattress company Casper and online furniture marketplace Kaiyo.
In the past year, it has announced the closing of two new funds. Select Fund IV for $85.9 million., We report It will be used to back companies from Series A to C. $143 million in Fund VIIIreported We will focus on pre-seed and seed-stage companies.