Lerer Hippeau is a New York-based venture capital firm founded in 2010 that focuses on early-stage investments. While its investments span various sectors, it has shown interest in the space industry, including investments in stratospheric platform companies like Urban Sky, which develops high-altitude balloons and related technologies. Lerer Hippeau typically invests in pre-seed to seed-stage companies, providing capital and tools to help them grow. The firm's investments extend to consumer, enterprise, retail, media & entertainment, and high-tech companies.
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Urban Sky raised an over-subscribed $9,750,000 Series A financing round co-led by New Legacy Ventures, Lerer Hippeau, and Lavrock Ventures.
New Legacy Ventures, Lerer Hippeau, and Lavrock Ventures led Urban Sky’s $9,750,000 Series A funding round.