Lerer Hippeau Closes $200M for Fund IX
-57aa4477-192a-4bd0-98b2-8ad2d2b67627.png&w=96&q=75){kind=small}
Slice of Technology Team
04/10/2025
Key Highlights:
- $200M raised for LH Fund IX, up from $140M in Fund VIII
- Focus on pre-seed and seed-stage investments
- Over 400 companies funded since 2010
- Dozens of LH founders participating as LPs
- Celebrating 15 years in NYC's startup ecosystem
Source: Business Wire
Quotes
“ “It’s been fantastic to help shape the New York tech scene alongside so many exceptional founders and coinvestors over the last 15 years...” ”
Ben Lerer, Managing Partner at Lerer Hippeau
Why This Matters:
Lerer Hippeau’s $200M Fund IX signals sustained investor confidence in early-stage startups despite macroeconomic uncertainty. By continuing to back founders at the earliest stages, the firm reinforces its pivotal role in shaping New York’s tech ecosystem and supporting innovation at a time when technologies like AI are redefining business potential. The inclusion of existing founders as LPs also highlights the firm’s community-driven model and long-term alignment with the entrepreneurial journey.
-57aa4477-192a-4bd0-98b2-8ad2d2b67627.png&w=48&q=75){kind=small}
