Cherry

company

About

Cherry is a payment solutions company that offers fast and easy payment plans for medical practices.

Details

Last Funding Type
Series A
Industries
E-Commerce,Financial Services
Founded date
Jan 1, 2017
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Cherry Technologies
Also Known As
Cherry

Cherry is a payment solutions company that offers fast and easy payment plans for medical practices. It helps medical providers treat more patients by offering the best ``buy now, pay later`` solution with high approvals, low cost, and a seamless experience. The company was founded in 2017 and is based in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$50M
Cherry has raised a total of $50M in funding over 2 rounds. Their latest funding was raised on Mar 17, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 17, 2022 Debt Financing $50M 1 Cross River Detail
Dec 1, 2021 Series A Detail
Aug 23, 2021 Series A 1 Detail
Aug 1, 2021 Seed 1 Detail
Jan 6, 2021 Seed 1 DCM Ventures Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Cherry has made 2 investments. Their most recent investment was on Nov 9, 2022, when Equals raised $16M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 9, 2022 Equals
Series A $16M Apps
Apr 7, 2022 Kumo.AI
Series A $18.50M Artificial Intelligence

Investors

Number of Lead Investors
Number of Investors
2
6
Cherry is funded by 6 investors. Cross River and DCM Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Cross River Yes Debt Financing
DCM Ventures Yes Seed
Alemis Ventures Series A
Inertia Ventures Seed
Bossanova Investimentos Seed
Village Global Seed

Employee Profiles

Number of Employee Profiles
4
Cherry has 4 current employee profiles, including Executive Felix Steinmeyer
Executive
Executive
Executive
Executive