Cherry
Latest round
- Series A
Last raised
- Dec 2011
Total raised
- $4.5M
Investors
- 2
About Cherry
Cherry is a digital solutions company that specializes in online transaction platforms, enhancing user interactions and payment processing for businesses and consumers.Cherry, headquartered in San Francisco, US, is a digital solutions provider focusing on online transaction capabilities. The company was co-founded by Felix Steinmeyer and Kielan Lemons, with Felix also serving as the CEO.Cherry specializes in delivering innovative digital solutions tailored to the needs of businesses and consumers. Its core offerings comprise a robust online transaction platform that simplifies interactions between users and service providers, addressing key issues in accessibility and user experience.Cherry operates on a subscription-based revenue model, providing various tiers of service to meet client needs and ensuring a consistent cash flow. Businesses can subscribe to packages that include enhanced features such as advanced analytics and priority support. Clients typically make monthly or annual payments for access to the product suite. Additionally, Cherry may collaborate with other businesses to create joint offerings, which contribute to further revenue streams. The company is targeting expansion into emerging markets in Asia by the end of 2024, which aligns with their strategy to increase their global footprint and address a wider customer base., a portfolio company of Facebook and others, will also play a crucial role in supporting these growth initiatives.
Who invested in Cherry
2 investors across 1 round
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Funding rounds
Series A
Dec 1, 2011
Amount
$4.5M
Investors
Questions about Cherry
Who invested in Cherry?
Cherry has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cherry raised?
Cherry has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cherry last raise money?
Cherry's most recent round on record is a Series A, in Dec 2011.
What does Cherry do?
Cherry is a digital solutions company that specializes in online transaction platforms, enhancing user interactions and payment processing for businesses and consumers.
Where is Cherry headquartered?
Cherry is headquartered in San Francisco, US.
Which VCs invest in companies like Cherry?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at Cherry's stage. Their profiles are linked below.
VCs backing consumer services startups at Series A
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