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-0.000695410292072308 -0.00556328233657859 -0.0163421418636995 -0.010778859527121 -0.0180806675938804 -0.0267732962447844 -0.0250347705146036 -0.00764951321279551
Stock impact report

Lerer Hippeau Closes $200M for Ninth Seed Fund [Yahoo! Finance]

Warby Parker Inc. (WRBY) 
Company Research Source: Yahoo! Finance
venture capital firm founded and operated in New York City, announced today that it has closed $200M in new capital for its ninth early stage fund, which the team will invest in pre-seed- and seed-stage companies. This oversubscribed fund represents an increase from LH Fund VIII's $140M, and a continued commitment to supporting the next generation of founders while maintaining focus in approach. This fund also includes several dozen LH founders as limited partners – demonstrating the strength of the firm's community and network. With this raise, Lerer Hippeau is celebrating 15 years supporting early stage founders by serving as their first and most aligned institutional partner. Since 2010, the firm has helped to lead New York's tech ecosystem, investing in over 400 companies across all sectors at the earliest stages. The team will deploy LH Fund IX with a singular focus on "finding the best founders before they're famous" – specializing in helping founders build from zero to one, a Show less Read more
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