Lerer Ventures, one of the better known seed stage venture capital funds based out of New York, is raising a $30 million fund, according to its Form D filed today with the SEC. It’s the third fund in the venture firm’s history and aims to raise the bar a bit from Lerer’s second, $25 million fund, which it raised in May 2011. (Its maiden fund was worth $8 million and was raised in early 2010.)
For those unfamiliar, Lerer Ventures is an NYC-based firm that invests in early-stage startups and companies, most often as part of seed and series A investments. The firm was founded by Ken Lerer, the chairman and co-founder of The Huffington Post (as well as a chairman of betaworks and Buzzfeed). His son, Ben Lerer, perhaps better known as a co-founder of Thrillist, is also a partner at the venture firm, along with former Huffington Post CEO and Softbank partner, Eric Hippeau.
Updating.
