News

Recent updates from the Lerer Hippeau network.
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Wall Street Journal

Group Nine Media raises additional $50 million from Discovery and Axel Springer

Monday, September 9th 2019

Group Nine Media, comprised of NowThis News, The Dodo, Thrillist and Seeker, just raised $50M.

TechCrunch

Workout app Fitplan adds Alex Rodriguez as a trainer… and an investor

Monday, September 9th 2019

The fitness app raised $4.5 million in new funding led by A-Rod and Corazon Capital.

Adweek

Le Tote acquires Lord & Taylor in a $100 million deal

Wednesday, August 28th 2019

The digitally native brand takes its subscription service to the storied retailer.

TechCrunch

WeWork acquires co-working rival Spacious

Tuesday, August 27th 2019

The We Company acquired on-demand workspace provider Spacious.

From the blog

What founders and investors should know about benchmarking breakout DTC brands

Wednesday, September 4th 2019

By: Max Wechter, MBA Summer Associate In the last decade, the direct-to-consumer (DTC) category has exploded. And venture capital firms have...

What founders should know about preparing for their Series A

Wednesday, August 14th 2019

By Claire Biernacki, MBA Summer Associate As companies wait longer to raise more capital, expectations at the Series A have evolved....

Founders and VCs share 7 secrets to beating B2B churn

Friday, August 9th 2019

In this series, “Founder’s Field Guide,” we tackle topics that are top-of-mind for entrepreneurs and offer candid, tactical advice from...

Please welcome Morty, a seamless digital mortgage brokerage for first-time homebuyers

Wednesday, August 7th 2019

Meet Morty, the latest addition to Lerer Hippeau’s portfolio. HQ: New York Cofounders: Adam Rothblatt, Brian Faux, and Nora Apsel The problem: Millennials tend to...