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- Lerer Hippeau Closes $200M for Fund IX
Lerer Hippeau Closes $200M for Fund IX
Slice of Technology Team
April 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
Notable 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...”
“This historic moment in AI is shifting technology... It’s an exciting time to partner with our founders...”
“Our positioning as a firm and network has never been stronger...”
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.
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