Lerer Hippeau

Meet our latest investment: Symbiotic Security As the digital world accelerates and bad actors mount increasingly sophisticated cyber threats using generative AI, the dominant paradigm for security has become obsolete. In recent years, the concept of “shift left”—the integration of security directly into the development process—has gained purchase among developers, but its adoption faces a number of challenges, including a lack of tools and training. There is a clear need for new solutions that can keep up with the pace of cyberattacks in the digital age and reorient security around the coding process. Symbiotic Security is the industry’s first real-time security platform for software developers that combines detection and remediation with just-in-time training, incorporating security testing and training directly into the development process without breaking developer workflow. Symbiotic provides developers with immediate feedback on potential security vulnerabilities as they write code and subsequent remediation recommendations. With Symbiotic, security concerns are no longer an afterthought. Instead, they are considered a foundational part of the coding process. https://lnkd.in/e9CCNzQ8

LH Managing Partner Ben Lerer spoke with CNBC about consumer application layer AI companies we’re excited about, liquidity, and what VCs are tracking around the election. https://lnkd.in/eiyrmC9j

Meet our latest investment: MOTORMIA The market for performative automotive parts is massive and interest in car customization across America continues to grow, boosting demand. But the market is highly fragmented. Car owners must navigate a complex web of sellers and dealers in order to secure the right performance parts for the modifications they need. There is a clear need to streamline the aftermarket automotive industry and the discovery and modification processes involved. MOTORMIA is an aftermarket platform for automotive enthusiasts. At the platform’s core is Mia, an AI-powered virtual modding assistant, pocket mechanic, build researcher, and performance analyst. Mia helps users navigate the world of car customizations and can be tailored to various levels of mechanical experience, generate AI vehicle renderings, and make performance upgrade suggestions and other curated recommendations. https://lnkd.in/eh5imeFr

Congratulations to LH portfolio company TollBit on raising their $24M Series A. https://lnkd.in/g7-P87cY

Meet our latest announced investment: Valdera We first invested in the company in 2021, and they have since raised an additional $15 million in a recent Series A round. Supplier discovery is a central part of any company’s procurement process. But the market for sourcing chemicals and raw materials is extremely fragmented. Finding the right inputs to bring products to market is tougher than ever. And despite significant developments in technology, sourcing and transactions remain largely manual processes. Valdera is a modern sourcing platform that makes it easy to buy or sell quality chemicals and raw materials. The company’s platform serves as a central hub that brings together buyers, suppliers, brands, manufacturers, and producers from around the world. Leveraging recent advancements in artificial intelligence, machine learning, and data science, Valdera helps businesses navigate the fragmented and arcane world of supply chains. https://lnkd.in/diiKZxz8

Keep up with The Roundup, our weekly newsletter chronicling the latest on our fund, our portfolio companies, and career opportunities in our ecosystem. In this week's edition: > Havenly acquires Burrow > Ross Finman, founder and CEO of Augmodo, speaks with Retail Tech Innovation Hub > Somite Therapeutics profiled in Forbes > What we’re reading: Nobel Prize in physics goes to AI researchers; does AI understand language?; what the age of AI will do to the 21st century > Check out our open roles here: https://lnkd.in/e_BSZbSS Read today’s Roundup: https://lnkd.in/eS7bbRGP Subscribe: https://bit.ly/30C1o1U

Keep up with The Roundup, our weekly newsletter chronicling the latest on our fund, our portfolio companies, and career opportunities in our ecosystem. In this week's edition: > Please welcome Tildei, our latest investment > Ross Finman, founder and CEO of Augmodo, speaks to Progressive Grocer > Zipline featured in SEMAFOR report on adoption of drones in Nigeria > What we’re reading: how AI can jump-start consumer brands; the impact of AI on mathematics; how CEOs can leverage generative AI for creating strategic plans > Check out our open roles here: https://lnkd.in/e_BSZbSS Read today’s Roundup: https://lnkd.in/epQkSxwd Subscribe: https://bit.ly/30C1o1U

What if a B2B business could thrive by slashing its marketing budget and go all in on creative, zany approaches to spreading the word? Can SaaS businesses succeed by departing from the classic playbook of (sometimes) awkward webinars and endless Facebook ads? LH head of marketing & communications, Emily Libresco, takes up these questions in her case study of Air and how the company’s unique and radical marketing strategy led to remarkable growth.  https://lnkd.in/eDZT6HZj

Congratulations to our investor Will McKelvey for being named among New York's top VCs under 30. Will's contributed meaningfully to our fund since he joined in June of 2023, closing 4 deals, and, importantly, increasing our number of office smoothie breaks materially. Well done, Will. https://lnkd.in/gAASmn2E