Lerer Hippeau — 2025 Investments

Adverb Ventures is a venture capital firm that invests in early-stage companies, as indicated by its team composition of co-founders and investors.

AUApril Underwood(Co-founder & Managing Director)inJVJessica Verrilli(Co-founder & Managing Director)in

Co-investorsNINimble Partners

AIR Platforms builds an AI-native credit intelligence platform that continuously re-rates public and private corporate issuers.

New York City, US

Arbi A(Founder)Joseph B(Founder)

Co-investorsGUgumi IncWOWork-Bench

Altitude provides a clinician-level execution platform that augments primary care providers' capabilities for managing chronic conditions using AI-native technology.

AI & Machine LearningHealthtechSaaS

Co-investorsALAlleyCorpMVMVP VenturesTATau VenturesALAlley Robotics Ventures

Board makes physical, tabletop board games designed for in-person, face-to-face play, emphasizing tactile game pieces and inclusive design for players of all ages and skill levels.

ConsumerGamingHardwareMiami, US

Brynn Putnam(Founder)Antonio Goncalves(Executive Officer, Director)Jake Vollkommer(Executive Officer, Director)

BoardJonathan Bradford(Director)

Co-investorsBOBoxGroupCOCoalition OperatorsFIFirst Round CapitalHAHaystackINIngeborg InvestmentsPAPatron+1 more

Built AI provides an AI-native operating system for institutional real estate that consolidates deal, property management, and financial data into a unified knowledge graph.

AI & Machine LearningEnterprise SoftwarePropTech

FNFiroz Noordeen(Founder)in

Co-investorsGLGlobivestGRGreat Stuff VenturesMMMMC VenturesPLPlug and Play VenturesWOWork-Bench

Daylight builds a distributed energy network that allows homes to generate, store, and share power locally, while providing financing and grid operations services for the electrified home market.

CleantechClimate TechEnergy

Billie Simmons(Founder)Evan Caron(Founder)Jason Badeaux(Founder)Paul Barnes-Hoggett(Founder)Rob Curtis(Founder)Udit Patel(Founder)

Co-investorsANAndreessen HorowitzCOCoinbase VenturesCRCrucible CapitalEVEv3 Ventures LlcLALattice CapitalLALattice Capital+8 more

Lava provides a single AI agent that works across a user's existing software by operating apps directly through both their UI (DOM access) and APIs to automate tasks.

AI & Machine LearningFuture of WorkSaaS

Co-investorsSTStreamlined Ventures

LeWalk provides personalized audio-guided experiences for travelers exploring destinations, matching them with expert guides and creators who deliver contextual storytelling through a mobile app.

ConsumerCreator EconomyTravel & Hospitality

ASAaron Sekhri(Founder)inAnthony Privitelli(Founder)Stephen Boyle(Founder)

Co-investorsADAdverb VenturesPOPoint72 VenturesOROrigins

Magic provides managed virtual assistant teams for executives and growing businesses, handling administrative tasks like calendar management, email, travel planning, and operational coordination.

AI & Machine LearningConsumerEnterprise SoftwareFuture of WorkSaaSWashington, US

MCMike Chen(CEO)inAKAaron Kemmer(Founder)inDMDavid Merriman(Founder)inNNNic Novak(Founder)inMRMichael Rubin(CFO)inBenjamin Godlove(CTO)

Co-investorsALAltra VentureHUHustle FundMVMVP VenturesSISilicon VenturesSPSprint VcTOTop Shelf Equity Funds C+10 more

Magic provides a bank-based payment solution that allows merchants to accept direct bank transfers at checkout, reducing processing fees and payment failures compared to traditional card payments.

E-commerceFintechSaaSNew York City, US

CKChetan Kulhari(Founder)inDavid Guo(Founder)inRenasha Mishra

Co-investorsALAlumni VenturesSOSoma CapitalY Y CombinatorBLBling CapitalESESSENCE VCFLFloodgate+6 more

Magic is building a personalization engine for real-world experiences across venues such as restaurants, hotels, and retail, tailoring how guests are treated based on their profile (e.g. new guest, VIP, wine lover).

AI & Machine LearningConsumerMarketing Tech

Co-investorsBLBling CapitalFLFloodgate

Medmo manages medical imaging referrals for physicians and health plans, handling patient scheduling, prior authorizations, insurance coordination, and report collection across imaging centers and hospitals nationwide.

Digital HealthHealthtechMarketplacesNew York, US

Lucas Takahashi(Executive Officer, Director)in

BoardChristopher Kelly(Director)GPGadi Porat(Director)in

Co-investorsC2C2 VenturesGAGaingelsOROrigin VenturesTGTGVPW W venturesW W Ventures+1 more

Mentium builds AI-powered digital worker agents that automate back-office logistics tasks such as invoice matching, accounts payable, and carrier payment auditing for freight brokerages and transportation companies.

Co-investorsANAntlerMAMatchstick Ventures

Mentium Technologies designs ultra-low-power, radiation-tolerant Edge AI co-processors and an accompanying SDK for size-, weight-, and power-constrained systems such as satellites, spacecraft, drones, robotics, bodycams, and security devices.

AI & Machine LearningSemiconductorsSpace TechSanta Barbara, US

KLKonstantin Likharev(Co-founder)DSDimitri Strukov(Co-founder)MPMirko Prezioso(CEO)inFMFarnood Merrikh Bayat(CTO)inPDPaul Daniel(CFO)

BoardJBJohn Bowers(Director)

Co-investorsALAlumni VenturesCOConstructor Capital USEXExcellis HoldingSISilicon CatalystANAntlerMAMatchstick Ventures

Mura provides AI-based automation for billing and collections in the back offices of commercial field service companies, handling tasks such as PO automation, invoice creation, and collections.

AI & Machine LearningFintechSaaS

Claire DeRoberts(Founder)James Mackey(Founder)RSRyan Smith(Founder)in

Co-investorsLELevel One FundRORoar Ventures

On Me is a digital gifting platform that lets people send personalized gifts wrapped in photos, videos, and shared memories, while giving recipients freedom to choose from a curated set of brands and gift cards across categories like fitness, travel, and adventure experiences.

ConsumerE-commerceFintechSaaSSan Francisco, US

SHSitar Harel(Founder)inDMDarragh Meaney(Founder)in

Co-investorsFOFocal VenturesNFNFXDADarling VenturesFOFocal

Quartzy provides a platform for lab management and research resource optimization, serving life scientists, lab managers, and academic institutions.

BiotechDeep TechE-commerceEnterprise SoftwareHealthtechSaaSSan Francisco, US

JKJayant Kulkarni(CEO)inARAdam Regelmann(CPO)inAjoy Sojan(CTO)sylvie.dao@quartzy.comTristan Pemble(Director of Engineering)Courtney Bogaard(Director of HR)

Co-investorsA.A.Capital VenturesBLBling CapitalMUMultiplier CapitalSISilicon BadiaTETeamworthy VenturesWEWestern Technology Investment+11 more

Teal provides telehealth healthcare services for people assigned female at birth, offering virtual care without traditional in-office procedures.

Digital HealthFemTechHealthtechSan Francisco, US

KEKara Egan(Founder)inAvnesh Thakor(Founder)JDJoseph DeSimone(Director)Matthew Bettonville(Director)Kathryn Taylor Reddy(Director)SRSarah Rose(Executive Officer)

Co-investors.4.406 VenturesAVAventurine PartnersBLBlack Jays VenturesFEFelicis VenturesFOForerunner VenturesHAHalogen Ventures Management Company Llc+8 more

Teal operates a UK data network for income and employment verification, letting payroll and HCM platforms offer built-in data portability so employees can share income data for loans, mortgages, and tenant referencing.

Data & InfrastructureFintechHR TechSaaS

Co-investorsAVAvonmore DevelopmentsJUJude GomilaKFKfundPAPassion CapitalFLFlybridge Capital PartnersRERethink Capital Partners+1 more

TeaLev designs and manufactures electric vehicle equipment and technology, with operations based in Saskatchewan and targeting global markets.

CleantechEnergyHardwareMobility & TransportationSaskatchewan, CA

Co-investorsCOCo.LabsSTStartup TNTFLFlybridge Capital PartnersPAPassion CapitalRERethink Capital PartnersSESerena Ventures

New York, US

SSSanjiv Sanghavi(Executive Officer, Director)inVictor Quinn(Executive Officer)Nicholas Brown(Executive Officer)

BoardRZRick Zullo(Director)in

Co-investorsABAbstract VenturesEQEqual VenturesRYRyze LabsWIWintermuteVOVoLo Earth Ventures

Thesis develops reusable, steerable microballoons for routine access to the stratosphere (40,000–130,000 feet), enabling persistent surveillance, communications relay, and atmospheric research for defense, intelligence, commercial, and scientific applications.

AgTechAI & Machine LearningClimate TechData & InfrastructureDeep TechDefense TechInsurTechSpace TechDenver, US

AAAndrew Antonio(CEO & Co-Founder)inJLJared Leidich(CTO & Co-Founder)inJLJared Liedich(Executive Officer)

BoardNMNick Moran(Director)inAlan Eustace(Director)DLDarren Liccardo(Director)in

Co-investorsCACatapult VenturesTETechstarsUNUNION Labs VenturesALAltos VenturesDEDenver VenturesLALavrock Ventures+2 more

New York, US

CHConor Hanlon(Executive Officer)inDavid Rodolitz(Executive Officer, Director)GVGary Vaynerchuk(Executive Officer, Director)inJosh Capon(Executive Officer, Director)

Co-investorsBLBling CapitalFLFloodgate