Cherry Tree Companies

Cherry Tree Companies is a business that provides investment banking services through its FINRA-licensed broker dealer. Founded in 1980 and based in Minnetonka, Minnesota, the company has a history of engaging with emerging growth companies and entrepreneurially-managed firms. Although Cherry Tree Investments, Inc. is no longer in operation, it previously specialized in venture capital and private equity, targeting sectors such as e-learning, netsourced applications, and outsourced business services. Cherry Tree Companies is focused on facilitating financial transactions and supporting investment initiatives within these industries.

Gordon F. Stofer

CEO, Founder and President

3 past transactions

CloudCath

Series A in 2020
CloudCath is a company that specializes in developing a remote monitoring platform for peritoneal dialysis patients. Their innovative system utilizes sensor-enabled technology to provide continuous monitoring, allowing for early detection of complications associated with catheter-based treatments. By leveraging Internet of Things (IoT) capabilities, CloudCath's platform enables healthcare providers to remotely oversee patients during their home treatment, significantly reducing the frequency of in-person visits. This approach not only enhances patient safety but also improves the overall management of care for individuals undergoing peritoneal dialysis, ultimately promoting better health outcomes.

Stackin'

Series A in 2019
Stackin' is a financial fitness platform aimed at empowering individuals to enhance their financial lives through engaging text messages. With over one million subscribers, it targets a younger demographic by offering tools and curated products that promote healthy financial habits in a fun and judgment-free environment. The platform leverages a custom messaging system, along with data, machine learning, and human interaction, to send personalized messages that educate users on saving money, reducing debt, and starting to invest. Additionally, Stackin' provides financial tips and content designed to inform and entertain its audience, helping them make informed decisions for their financial future.

Lensabl

Seed Round in 2018
Lensabl, Inc. is an online retailer based in Culver City, California, specializing in the manufacture and sale of lenses for eyeglasses and sunglasses. Established in 2015 by co-founders Andy Bilinsky and Mike Rahimzadeh, the company provides a wide array of optical and non-optical lenses, including single vision, progressive, mirror-coated, polarized, and night glasses. Lensabl focuses on delivering high-quality lenses conveniently and affordably, allowing consumers to purchase products from home. Its marketplace also features various frames and contact lenses, catering to diverse consumer needs with options for clear, tinted, and transitional prescription lenses.
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