Announcing Lerer Hippeau’s New Funds; Ben Lerer Joins LH Full Time, Graham Brown Promoted to Managing Partner

Since 2010, Lerer Hippeau has invested in creative entrepreneurs who embody New York’s audacity, endurance, and winning mindset — no matter where they live. Our hometown isn’t slowing down, and neither are we. Today we are glad to announce new funds and promotions and hires across the team.

LH Raises New Funds

We are pleased to announce $230M in new capital across two funds. We will use this capital to invest in creative entrepreneurs as they turn big ideas into industry-transforming businesses.

Our new capital will be distributed across two funds: our latest Seed fund (LH Seed VIII) will invest in pre-seed and seed-stage companies, allowing us to lead rounds and often be a company’s first institutional check. Our latest Select fund (LH Select IV) will invest in companies from Series A to C, letting us back businesses that have found product-market-fit and double-down on our breakout Seed investments as they scale. Across both funds, we will invest in good people with great ideas who aren’t afraid to do hard things.

These funds may be new, but LH isn’t. Over the last dozen years, we’ve invested in over 350 leading consumer and enterprise companies, including Guideline, MIRROR, Blockdaemon, K Health, Allbirds, ZenBusiness, and Thrive, and have built a community of funders and founders who redefine categories and create new ones entirely. With these new funds, our approach will remain steady: we draw on our operating experience to give founders more of what they need from investors and less of what they don’t. We’re here to support our companies through their biggest moments as they turn ideas into industry-transforming businesses.

Ben Lerer Joins LH Full Time

Another development makes us excited about Lerer Hippeau’s future. Ben Lerer, who co-founded our fund in 2010 with Kenneth Lerer, has been a Managing Partner from the start. Until recently, he had also been founder and CEO of Group Nine Media. He just sold the business to Vox Media and assumed a role as a board director, and now joins the team at LH in a full-time capacity. We’re thrilled about all of the ways in which he’ll be able to support our portfolio companies after starting, scaling, and selling a business of his own. And we’re so glad to finally have his undivided attention.

Ben Lerer (left) joins LH full time after selling Group Nine Media to Vox Media; Graham Brown (right) promoted to Managing Partner

Lerer Hippeau Expands Team with Promotions and New Hires

Alongside our new funds, we are proud to announce several promotions and new hires across the fund.

Graham Brown has been promoted to Managing Partner

We are thrilled to announce that Graham Brown has been promoted to Managing Partner. We’re so glad to have him in the position and look forward to him taking on an even larger role in shaping the future of our fund for many years to come.

Graham first joined Lerer Hippeau in 2015 as a Senior Associate and has risen through the ranks. He is principally responsible for LH Select, and has led investments in companies including ZenBusiness, WorkJam, Palmetto, K Health, and Delphia, among many more. As part of Lerer Hippeau’s growing focus on Select, Graham will also be expanding the team to include additional investors.

We are also pleased to expand our operational excellence at the fund by introducing several new hires.

Tanaz Mody joins the Platform team as LH’s first Head of People

• Tanaz joins LH’s Platform team to work alongside our founders and their teams as they hire and retain talent and build best-in-class people organizations. She previously served as the Chief People Officer at HQ, a Digital Currency Group subsidiary.

Sharlene Guiriba joins the team as an Associate

• Sharlene joins LH’s Investment team from Harlem Capital, where she served as a VC Fellow. She previously earned her MBA from the University of Chicago Booth School of Business.

And finally, we are pleased to announce an additional team promotion:

Emily Libresco has been promoted to Director, Marketing and Communications

Tanaz Mody (left) joins as Head of People; Sharlene Guiriba (center) joins as Associate; Emily Libresco (right) promoted to Director, Marketing and Communications.

For years, we have been New York’s most active venture firm. We look forward to continuing to invest in entrepreneurs in and out of this city who embody its spirit. If you’re a founder with a great idea, get in touch with an LH team member, or write to contact@lererhippeau.com.

Further reading: “Lerer Hippeau closes $230M across two new funds; Ben Lerer is back” via TechCrunch

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