Lerner Enterprises

Lerner Enterprises, established in 1952 by Theodore N. Lerner, is a distinguished real estate developer and manager. It maintains a varied portfolio encompassing office, residential, retail, hospitality, and mixed-use properties, all distinguished by their quality and awards. Beyond real estate, Lerner has expanded its investment scope to include strategic acquisitions like the Washington Nationals baseball team. The company actively seeks direct and indirect investments in thriving businesses across the United States, demonstrating its commitment to diverse and successful ventures.

Michael Cohen

Principal of Investments and Director of Investments

10 past transactions

Chaos

Series B in 2024
Chaos Industries is a technology company dedicated to developing advanced solutions for defense and critical industries. The company specializes in detection and radar services, leveraging its innovative Coherent Distributed Networks (CDN) to improve sensing, detection, and communication capabilities across multiple platforms. By focusing on the needs of defense clients, Chaos Industries enhances product development and ensures the delivery of high-quality services tailored to the demands of the sector.

Chaos

Series A in 2023
Chaos Industries is a technology company dedicated to developing advanced solutions for defense and critical industries. The company specializes in detection and radar services, leveraging its innovative Coherent Distributed Networks (CDN) to improve sensing, detection, and communication capabilities across multiple platforms. By focusing on the needs of defense clients, Chaos Industries enhances product development and ensures the delivery of high-quality services tailored to the demands of the sector.

Zephyr AI

Seed Round in 2022
Zephyr AI is a healthcare technology company focused on transforming drug discovery and precision medicine. By leveraging large complex datasets and proprietary algorithms, Zephyr AI aims to redefine drug development and streamline clinical trials. The company collaborates with leading health systems, health insurance plans, and biotechnology innovators to enhance healthcare quality, improve patient outcomes, and reduce costs. Through its innovative approach, Zephyr AI seeks to address challenges in disease treatment and clinical decision support, ultimately contributing to advancements in the healthcare sector.

Motion at Dadeland

Acquisition in 2021
Motion at Dadeland, a 25-story class A+ multifamily high-rise community comprised of 294 market-rate apartments and 8,246 SF of amenity-based retail, including a preschool slated to open Q4 2021. The building is adjacent to Dadeland North Metrorail Station in Miami, Florida.

Buzzer

Series A in 2021
Buzzer Media Inc., established in 2020 and headquartered in New York, specializes in a live sports streaming platform. It offers a mobile-based service, also named Buzzer, which aggregates sports content and rights, sends custom notifications, and provides subscription services. The company's technology supports partners' direct-to-consumer platforms, making them more efficient, personalized, and cost-effective, catering to a content-saturated and evolving consumer environment.

Momentus

Series A in 2019
Momentus Inc. is a commercial space company based in Santa Clara, California, founded in 2017. The company specializes in providing water-powered transportation services for spacecraft, focusing on in-space infrastructure. Momentus offers a range of services, including space transportation, hosted payloads, and in-orbit servicing, utilizing innovative water plasma-based propulsion technology that is currently under development. Its transfer and service vehicles are designed to carry satellites and hosted payloads between different orbits, supporting the growing demands of the new space economy.

Kojo

Seed Round in 2018
Kojo is a cloud-based construction management software company that provides an all-in-one platform for contractors to manage their material and inventory needs. Founded in 2018 and based in San Francisco, Kojo's system focuses on streamlining materials management and procurement processes, enhancing profitability for construction companies. By integrating various stakeholders, including field teams, procurement, and distributors, Kojo simplifies the supply chain through automation, facilitating the ordering and tracking of materials. This approach enables contractors to ensure timely delivery of materials to job sites, thereby improving operational efficiency.

Great Jones

Seed Round in 2018
At Great Jones, our mission is to deliver software & services to the several trillion (!) dollars in rental homes owned by small-scale investors. To reach that potential, we are starting with modern, full-service, highly technology-fueled property management – itself a $30-40 billion market, as well as the connective tissue to hundreds of billions of dollars’ worth of products & services to owners, residents, and other relevant stakeholders. Our leadership team has spent over a decade building digital platforms and operational machines that have powered billions of dollars' worth of transactions for businesses like 1stdibs, Skillshare, Uber, and Warby Parker. We are well-funded by leading global investors including Crosslink Capital, Zigg Capital, Juxtapose, and top NYC angels & real estate entrepreneurs including Kevin Ryan, David Rosenblatt, and Jason Finger, who have founded or led companies such as Seamless, Gilt Groupe, MongoDB, DoubleClick, 1stdibs, Floored, and others.

Fluent City

Series A in 2017
Fluent City is a language company that offers online classes in 11 different languages. We're on a mission to help you achieve your language-learning goals by teaching you how to talk about the things you care about most. Our team uses AI and natural language processing technology to provide hyper-relevant content and personalized, engaging lesson plans that help you get fluent faster.

Fluent City

Seed Round in 2016
Fluent City is a language company that offers online classes in 11 different languages. We're on a mission to help you achieve your language-learning goals by teaching you how to talk about the things you care about most. Our team uses AI and natural language processing technology to provide hyper-relevant content and personalized, engaging lesson plans that help you get fluent faster.
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