Lerer Hippeau, established in 2010, is a prominent New York-based venture capital firm. It specializes in seed-stage investments, focusing on entrepreneurs with innovative ideas across various sectors, including consumer, enterprise, and technology. With over 250 active portfolio companies, notable investments include Allbirds, Bowery Farming, Guideline, K Health, and Zipline. The firm is known for its hands-on approach, supporting founders with product vision, customer insight, and brand-building expertise. Lerer Hippeau has also adopted the Diversity Term Sheet Rider, demonstrating its commitment to diversity and inclusion in its investment practices.
Novel is a developer of a no-code platform designed for non-fungible token commerce, focusing on creating and launching premium experiences for communities. The platform enables businesses to develop and manage branded wallet passes for Apple and Google devices, allowing customers to store loyalty cards, coupons, and promotional materials conveniently. This functionality enhances customer engagement by enabling businesses to send targeted push notifications, which can lead to improved conversion rates. Novel's approach has demonstrated significant efficacy, showing substantial increases in repeat purchases and referral revenue for its clients.
Kangaroo
Series A in 2019
Kangaroo is an electronics company specializing in home security systems that are designed to be simple, affordable, and app-enabled. Founded in 2018 and headquartered in New York, the company aims to enhance safety by providing flexible security solutions that alert users to potential theft or external intrusions. Their self-contained alarm devices notify homeowners instantly of unwanted intrusions, ensuring that proper authorities can be informed if necessary. Additionally, Kangaroo prioritizes data security and privacy, taking extra measures to protect user information while striving to create a safer living environment.
Memrise
Series B in 2018
Memrise is a London-based online learning platform, established in 2010, offering a diverse range of courses including languages, arts, sciences, and more. It provides over 150 language courses across 25 languages, with no ads and free access for all users. Memrise's platform also enables teachers to create and manage courses. With over 40 million registered users worldwide, it has been profitable since late 2016, serving users in the United States, the United Kingdom, the Netherlands, and internationally.
Payable
Seed Round in 2015
Payable helps thousands of contractors get paid faster and more efficiently. Much more than payments, we're on a mission to strengthen the 1099 workforce by making invoicing, work-tracking, onboarding, and calculating earnings and taxes as simple as possible for both contractors and the companies they work with. Apps are available for iOS, Android, and Web.
NowThis
Series C in 2014
NowThis Media, Inc. is a digital video news outlet established in 2012 and based in New York City. The company specializes in producing short video news clips tailored for mobile devices and social media platforms, primarily targeting audiences aged 18 to 34. With a focus on engaging content, NowThis delivers daily updates through various channels, including Facebook, Instagram, Snapchat, Twitter, YouTube, and its own applications for iOS and Android. The platform emphasizes key trends in digital consumption, such as social interaction, video format, and mobile accessibility. Co-founded by notable figures from the Huffington Post and Bedrocket Media, NowThis aims to provide original news content that resonates with young adults who increasingly rely on mobile technology and social media for news and commentary. The company is known for its partnerships with prominent digital outlets, further extending its reach and influence in the digital news landscape.
Memoir
Series A in 2014
Memoir transforms your photos, the places you go, and your social media into memories that can be relived when they’re most interesting to you. As soon as you request them, the photos your friends choose to share with you become part of your Memoir seamlessly. You can find memories and photos by people, places, dates, context, and more - no tagging or organization required. Memoir discovers photos and memories wherever they were created - iPhone cameras, DSLR's, Instagram, Facebook, Foursquare - even on your computer. With Memoir, all of your photos and memories are backed up securely to the cloud.
Apio Systems
Series A in 2014
Apio Systems provides a purpose-built mobile platform to improve driving safety. Its patent-pending proprietary technology, Situational Awareness, leverages sensors in smart devices to sense and identify a broad range of road and driving conditions, augmented by other data, to deliver real-time, relevant alerts to drivers. It is delivered by harnessing the powerful sensors built into smart devices and by applying proprietary algorithms to detect and interpret driving hazards and inconveniences. An Apio-enabled smartphone autonomously detects and crowdsources a broad range of road, traffic, and driving conditions to benefit the entire Apio driver network. Apio Systems has offices in Crystal City, Virginia and Warwick, New York.
Talkray
Series B in 2014
Talkray is a developer of a mobile communication application that transforms smartphones into walkie-talkies, allowing users to make free calls and engage in chat. The application is available for download on both Android and iPhone platforms. In addition to voice communication, Talkray enables users to share photos, videos, and locations, facilitating a more connected experience with friends and family. The app prioritizes ease of use and accessibility, making it a versatile tool for maintaining personal connections.
Datasnap.io
Angel Round in 2014
Datasnap.io is a data analytics platform that focuses on measuring and reporting user engagement in physical environments through technologies like iBeacon and other proximity-based systems. The platform enhances its reports by integrating contextual location data, first-party transaction information, and third-party consumer and media consumption data. Datasnap.io is recognized for its engaging visualizations and reliable metrics, leveraging the expertise of its founding team, which has a background in financial reporting, mobile advertising, and media measurement. Acquired by Neustar in October 2015, Datasnap.io continues to provide valuable insights into user behavior in real-world settings.
Cord Project
Seed Round in 2014
Cord Project Inc., founded in 2014 and based in Brooklyn, New York, specializes in voice messaging technology. The company offers a platform that enables users to send voice messages quickly and easily, allowing for one-on-one chats or group conversations. The service is available for both iPhone and Android devices, providing a user-friendly experience. Cord Project operates as a subsidiary of Spotify USA Inc., focusing on enhancing communication through innovative audio messaging solutions that utilize voice commands to facilitate interactions on mobile devices.
Sunrise
Seed Round in 2014
Sunrise is a free calendar app. Designed with love, Sunrise is a new experience that will make your life easier. Available on Android, iPhone, iPad & Web.
Badge
Seed Round in 2014
Badge is a solution designed to facilitate access to work contacts and enhance communication within organizations. It enables users to send secure mobile messages, locate colleagues and teammates, and import employee information from platforms such as Google Apps and BambooHR. Badge is compatible with iOS7 and above, as well as Android 4 and above, making it versatile for various mobile users. The company operates from the United States and caters primarily to growing businesses seeking efficient mobile communication tools.
makr
Seed Round in 2013
Makr is a design app for next-generation makers: the creative entrepreneur, the DIYer, the next-level home entertainer. Headquartered in Williamsburg, Brooklyn, we’re inspired every day by our local maker community. We developed Makr specifically for iPad to bring DIY to the 21st century, using digital tech to enrich the handmade movement and our shared love of old-fashioned craft. Makr provides sophisticated design tools – exclusive to professional studio use until now – to the local maker’s workshop and DIYer’s home.
NowThis
Series B in 2013
NowThis Media, Inc. is a digital video news outlet established in 2012 and based in New York City. The company specializes in producing short video news clips tailored for mobile devices and social media platforms, primarily targeting audiences aged 18 to 34. With a focus on engaging content, NowThis delivers daily updates through various channels, including Facebook, Instagram, Snapchat, Twitter, YouTube, and its own applications for iOS and Android. The platform emphasizes key trends in digital consumption, such as social interaction, video format, and mobile accessibility. Co-founded by notable figures from the Huffington Post and Bedrocket Media, NowThis aims to provide original news content that resonates with young adults who increasingly rely on mobile technology and social media for news and commentary. The company is known for its partnerships with prominent digital outlets, further extending its reach and influence in the digital news landscape.
Talkray
Series A in 2013
Talkray is a developer of a mobile communication application that transforms smartphones into walkie-talkies, allowing users to make free calls and engage in chat. The application is available for download on both Android and iPhone platforms. In addition to voice communication, Talkray enables users to share photos, videos, and locations, facilitating a more connected experience with friends and family. The app prioritizes ease of use and accessibility, making it a versatile tool for maintaining personal connections.
Turf Geography Club
Seed Round in 2012
Turf is an awesomely great free to play iPhone game that epitomizes the epic struggle between human and environment (formerly, man vs tree). Imagine a world beyond ours, a mirror universe, where you are the owner of your favorite establishments & wealthy beyond belief. An ever evolving domain where you earn coins for visiting real life locations, take'em over, build on top of'em, and collect rent.
Memrise
Seed Round in 2012
Memrise is a London-based online learning platform, established in 2010, offering a diverse range of courses including languages, arts, sciences, and more. It provides over 150 language courses across 25 languages, with no ads and free access for all users. Memrise's platform also enables teachers to create and manage courses. With over 40 million registered users worldwide, it has been profitable since late 2016, serving users in the United States, the United Kingdom, the Netherlands, and internationally.
Romotive
Convertible Note in 2011
Romotive Inc., founded in 2011 and based in San Francisco, California, specializes in developing robotic platforms that leverage the capabilities of smartphones. Its flagship product, Romo, is a customizable robotic tank toy that can be controlled remotely through a computer or compatible iOS device. Users can enhance Romo's functionalities by utilizing a drag-and-drop interface for programming and downloading new mobile applications that introduce additional behaviors. The robot also features a live video feed, enabling users to engage in battles with friends and expand the device's capabilities through various hardware accessories.
Venmo
Series A in 2011
Venmo is a mobile payment platform founded in 2009 by Andrew Kortina and Iqram Magdon-Ismail. It facilitates peer-to-peer transactions, allowing users to share and make payments using their linked bank account or debit card. Venmo also offers a Mastercard-powered debit card for purchases at approved merchants.
Pulse
Series A in 2011
Pulse is an elegant news reading application for iPhone, iPad and Android devices. It incorporates colorful panning story bars and fills them with content from your favorite sources. Pulse redefines news, giving you the opportunity to experience the news you desire from traditional sources, your favorite blogs and social networks all in one beautiful interface. Pulse is developed by Alphonso Labs.
Realm
Seed Round in 2011
Realm ApS is a mobile database company that provides a robust alternative to SQLite and Core Data, facilitating faster application development for users on Android, iOS, and OSX platforms. Founded in 2011 and headquartered in Copenhagen, Denmark, with an additional office in San Francisco, Realm specializes in offering a memory-efficient database that includes features like querying, relationships, graphs, and thread safety. This innovative platform significantly reduces the amount of code developers need to write, effectively saving them time and enabling the creation of enhanced user experiences. As of May 2019, Realm operates as a subsidiary of MongoDB, Inc.
Hipster
Seed Round in 2011
Hipster is a company that offers a web platform enabling users to share their locations and activities in real-time through photographic postcards. Founded in 2010 by Doug Ludlow, Ethan Czahor, and Steffen Hoffman, the company is based in SOMA, San Francisco. Users can send these postcards from their iPhones and Android devices, which become permanently linked to the locations from which they were sent, creating a visual public record that remains accessible to future visitors. By combining social networking with location-based services, Hipster aims to enhance the way people interact with their surroundings and share experiences.
Qwiki
Series A in 2011
Qwiki is a leading company in automated video production, specializing in transforming users' photos and videos into concise, visually appealing movies. The company offers an online platform that allows individuals to easily convert their camera roll content into shareable video memories. Recently, Qwiki introduced an iPhone app designed to streamline this process, making it accessible for users to create and share personalized videos with friends and family. Through its innovative technology, Qwiki enhances the way users capture and relive their experiences.
Memoir
Seed Round in 2011
Memoir transforms your photos, the places you go, and your social media into memories that can be relived when they’re most interesting to you. As soon as you request them, the photos your friends choose to share with you become part of your Memoir seamlessly. You can find memories and photos by people, places, dates, context, and more - no tagging or organization required. Memoir discovers photos and memories wherever they were created - iPhone cameras, DSLR's, Instagram, Facebook, Foursquare - even on your computer. With Memoir, all of your photos and memories are backed up securely to the cloud.
Venmo
Seed Round in 2010
Venmo is a mobile payment platform founded in 2009 by Andrew Kortina and Iqram Magdon-Ismail. It facilitates peer-to-peer transactions, allowing users to share and make payments using their linked bank account or debit card. Venmo also offers a Mastercard-powered debit card for purchases at approved merchants.
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