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Meet Databand, the latest addition to Lerer Hippeau’s portfolio.

HQ: New York and Tel Aviv

Cofounders: Josh Benamram, Victor Shafran and Evgeny Shulman

The problem: A massive rise in data creation has coincided with an increase in the number of tools businesses use to collect and monitor it — a challenge that only gets more complex as projects grow in size and use. With so many available options for applications and platforms to manage data usage and storage, it can be a challenge to determine the source of system errors or glitches when they happen. …


Meet Cure Hydration, the latest addition to Lerer Hippeau’s portfolio.

HQ: New York

Founder: Lauren Picasso

The problem: The consequences of dehydration are widely known: fatigue, irritability, anxiety and more. Even so, surveys show that 75% of Americans are “chronically dehydrated,” with a net fluid loss. Fluids with electrolytes rehydrate faster than our traditional go-to, water. But existing rehydration options that replenish electrolytes typically contain added sugars and artificial ingredients. So emerges an opportunity to bring to market a hydration brand that’s efficient, effective, and natural.

Cure’s solution: Cure Hydration is a plant-based, science-backed organic hydration brand. It has 4x the electrolytes of typical sports drinks and no added sugar. Cure is based on the World Health Organization standard for Oral Rehydration Solution, which is proven to hydrate as effectively as an IV drip. Cure’s ingredients include organic coconut water and pink Himalayan salt, and it comes in flavors including berry pomegranate, grapefruit, and ginger turmeric. …


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In this series, “Founder’s Field Guide,” we tackle topics that are top-of-mind for entrepreneurs and offer candid, tactical advice from our founders (who have been through it) and our team (who advised along the way). Previous posts discussed setting and scaling company culture, lessons for raising a seed round, how to deploy early-stage capital, and combatting B2B churn.

Brands are embarking on a holiday sales season unlike any other. Since the pandemic closed stores in the spring, consumers have moved more of their shopping online, pushing e-commerce years into the future. But with the holiday shopping season already well underway, consumer-facing companies are encountering their greatest challenge yet: ensuring a positive customer experience under unusual circumstances and during their busiest stretch. …


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Meet Undock, the latest addition to Lerer Hippeau’s portfolio.

HQ: New York

Cofounders: Nash Lukman Ahmed, Lizelle van Vuuren, and David Altman

The problem: 2020 has meaningfully accelerated the move to remote work and distributed teams. With this shift has come a new opportunity for tech ecosystems to expand beyond coastal cities and into new regions both national and international. However, this move also necessitates new workflows and places stress on existing ways of working. Scheduling in particular has become further complicated as employees move to different time zones and have less visibility into each other’s daily schedules. Scheduling on its own is burdensome. …


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Meet Corro, the latest addition to Lerer Hippeau’s portfolio.

HQ: New York, NY

Team: Sophie Stenbeck (Cofounder), Monica McCourt (Cofounder), Dave Altarescu (CEO), Drew Rudebusch (COO)

The problem: Two million people own horses in the U.S., of which two-thirds make $75,000 or less per year. Although $20 billion is spent annually, the shopping experience is still largely driven by brick-and-mortar stores and in-person sales representatives. Before now, there has not been an easy and affordable solution to shop for horse care products all in one place online.

Corro’s solution: Corro is the trusted source for equine supplies for every horse and rider. Corro’s e-commerce platform brings together horse supplies, equipment, and merchandise from small and medium-sized manufacturers that historically have had limited distribution and visibility online. The platform gives broad distribution to these brands and solves the consumer pain point of cross checking prices and shopping at multiple offline retailers. …


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Meet Shotcall, the latest addition to Lerer Hippeau’s portfolio.

HQ: Atlanta

Cofounders: Thomas Gentle, Gordon Li, and Riley Auten

The problem: Gaming has become an integral part of our lives, bolstered by advancements in tech and accelerated by the pandemic. Improvements around audio and cross platform multiplayer have laid the foundation for better social games like Fortnite and Roblox, while others like Animal Crossing and Among Us have entered the mainstream thanks to professional creators, politicians, celebrities and more. But until now, the gaming ecosystem has missed a key component to tie it all together: the infrastructure for fans to easily connect and play alongside their favorite gamers. At the same time, those creators are continually seeking avenues to monetize their craft. …


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Meet Veritonic, the latest addition to Lerer Hippeau’s portfolio.

HQ: New York City

Cofounders: Scott Simonelli, Andrew Eisner and Kevin Marshall

The problem: Consumers interact with brands through sound in a variety of ways, from podcasts to radio ads — even the log-in music for a favorite streaming service. The most memorable “sonic” brands can drive sales, raise awareness, and stand out among competitors. While marketers know how to glean data and insights from traditional advertising, the audio landscape has posed a unique challenge. …


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Meet Buzzer, the latest addition to Lerer Hippeau’s portfolio.

HQ: New York City

Founder: Bo Han

The problem: It’s a familiar problem for sports fans: game day is here, and there are a few matches on the schedule. But switching between channels and streaming platforms, key moments keep getting missed. With more than a dozen platforms streaming live sports, staying on top of how, when, and where to watch the most anticipated matchups can be a challenge. Older viewers might be used to checking the cable guide, but it’s a new ballgame for Gen Z and Millennials who are more likely to look for sports highlights and clips on mobile, but want to view those exciting moments live. …


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Of all the qualities that characterize New York City, resilience is near the top. While the tragedy of the pandemic is deeply felt — and its ongoing hardships can not be ignored — New Yorkers have an opportunity to build a better and more vibrant community moving forward. The city’s tech community can, and must, play a central role.

On Tuesday, hundreds of founders, tech workers, investors, and community members joined our virtual event with Silicon Valley Bank to learn how some of the city’s top tech leaders and decision-makers are handling this moment, and how they view the opportunities and challenges that lie ahead. …


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In this series, we dive into technologies and industries we’re excited about, going deep into their change drivers and stakeholders while exploring investment trends and opportunities through an early-stage lens.

By: Kim Patel, Summer Associate

Sector: The future of food

In a sentence: The future of food refers to a series of trends and advancements that are driving how we get our food, what we eat, and the downstream impact, from our health to the economy.

Size and scope: Food and agriculture is a market valued in the hundreds of billions. The future of food encompasses a massive collection of technologies and products in the food supply chain and impacts everyone on the planet. …

About

Lerer Hippeau

Lerer Hippeau is an early-stage venture capital fund based in New York City. As founders and operators ourselves, we see returns in relationships.

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