Cintrifuse invests in NYC venture fund

Story excerpt provided by Cincinnati Business Courier.

Written by Andy Brownfield.

Cincinnati startup booster Cintrifuse has invested in a New York City-based venture fund, the group announced Tuesday.

Cintrifuse invested in Lerer Hippeau Ventures (LHV) from its $51 million Fund of Funds. The amount of the investment was not disclosed.

LHV invests in early-stage startups and has more than $130 million under management. Cintrifuse invests in funds like LHV without any commitment that they invest in Cincinnati startups but with the promise they’ll be involved locally.

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Originally published June 24, 2014.