CHERRYROCK CAPITAL
CHERRYROCK CAPITAL is a Series A and Series B fund in the US writing $6M–$10M checks into AI, Enterprise, future-of-work and consumer-enablement.
- Stages
- Series A, Series B
- Sectors
- AI, Enterprise, future-of-work, consumer-enablement
- Check size
- $6M–$10M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2023
- Assets under management
- $172M
Thesis
It is notable as the first Black woman-founded, multi-hundred-million-dollar venture firm. The firm is dedicated to supporting underinvested entrepreneurs, particularly those from diverse backgrounds, who are building transformative software companies. Their primary focus is on the software sector, specifically enterprise SaaS, artificial intelligence, future of work, and consumer enablement (B2B2C) sectors. Cherryrock Capital targets companies that have achieved early product-market fit and are on a trajectory to surpass $100 million in revenue, primarily investing in Series A and B financing rounds. They are committed to supporting underrepresented founders, especially Black and Latine entrepreneurs. The firm's geographic scope is the United States. Cherryrock Capital employs a hands-on approach, leveraging over 60 years of combined operational, board, and investment experience. The firm aims to lead rounds and take board seats, providing pragmatic and relational value through coaching, connections, and introductions to Fortune 500 companies. The firm typically invests between $6 million to $10 million per deal.
Common questions
Does CHERRYROCK CAPITAL invest at the Series A stage?
Yes. CHERRYROCK CAPITAL lists Series A and Series B among the stages it invests in.
What check size does CHERRYROCK CAPITAL write?
CHERRYROCK CAPITAL writes $6M–$10M checks.
Where does CHERRYROCK CAPITAL invest?
CHERRYROCK CAPITAL invests in the US.