Cherry Labs
Latest round
- Seed
Last raised
- Nov 2016
Total raised
- $0.9M
Investors
- 4
About Cherry Labs
Cherry Labs Inc. develops innovative remote monitoring solutions designed to enhance safety and well-being in senior assisted care facilities.Cherry Labs Inc. focuses on providing remote monitoring solutions for senior care. The firm has completed four deals to date.Cherry Home specializes in a remote monitoring solution designed to enhance the safety and well-being of residents in senior assisted care facilities. Their offering includes a network of wireless sensors that integrate into everyday objects, enabling real-time monitoring of residents' behavior and health. The system uses advanced software to detect anomalies such as falls or unusual movements, sending alerts to staff and family members. This service aims to provide peace of mind for families and caregivers and facilitates ongoing assessment of care through data insights.Cherry Home's revenue model is primarily subscription-based, providing continuous monitoring and support through its technology. Clients, including senior care facilities and families, pay for access to the system, which encompasses professional 24/7 monitoring services. The flagship monitoring system includes camera-based sensors, two-way communication capabilities, daily activity summaries, and real-time alerts for timely interventions.Cherry Labs Inc. is focused on expanding its product offerings and market reach.2 mn will be utilized to enhance their technology and develop new features. The company plans to target additional markets in 2024, aiming for geographic expansion beyond the US and Canada. This includes exploring opportunities in European senior care markets, where demand for remote monitoring solutions is growing.
Who invested in Cherry Labs
4 investors across 2 rounds
See all investors in Cherry Labs
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Cherry Labs
Who invested in Cherry Labs?
Cherry Labs has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cherry Labs raised?
Cherry Labs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Cherry Labs last raise money?
Cherry Labs's most recent round on record is a Seed, in Nov 2016.
What does Cherry Labs do?
Cherry Labs is a software company.
Where is Cherry Labs headquartered?
Cherry Labs is headquartered in Cupertino, US.
Which VCs invest in companies like Cherry Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Cherry Labs's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like Cherry Labs? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.