Cherry Ventures

Cherry Ventures, established in 2012 and headquartered in Berlin, is an early-stage venture capital firm led by entrepreneurs who have built fast-growing companies like Zalando and Spotify. The firm invests in Europe's boldest startups, often serving as their first institutional investor, and provides support ranging from go-to-market strategy to business scaling. Cherry Ventures has backed over 50 companies across Europe, including FlixBus, Auto1 Group, and Infarm. With operations in London, Paris, and Stockholm, the firm invests across Europe, focusing on sectors such as consumer, fintech, health-tech, industrials, and software as a service.

Katharina Baratta-Dragono

Investor

Sophia Bendz

Partner

Charlotte Bruce

Principal

Maximilian Brückner

Principal

Daniel Glasner

Founding Partner

Yannis Heyken

Investor

Nicole Lai

Investor

Alexander Langholz-Baikousis

CFO and Operating Partner

Luc de Leyritz

Investor

Luc Leyritz

Investor

Thomas Lueke

Partner

Dinika Mahtani

Partner

Jasper Masemann

Partner

Christian Meermann

Founding Partner

Nadja Reischel

Investor

Carlo Schmid

Associate

Dimitri Sedashev

Investor

Hampus Särnbratt

Investor

Past deals in Berlin

Numa

Series C in 2023
Numa Group is a Berlin-based company recognized as the leading European operator of a fully digitized hospitality platform. It provides modern travelers with innovative accommodation options that serve as an alternative to boutique hotels and managed short-stay apartments. Numa's offerings include features such as electronic check-in, kitchen facilities, workstations, professional housekeeping, and locally curated recommendations, aiming to deliver an authentic experience for guests. The company employs proprietary technology to automate many operational processes, enhancing cost efficiency and revenue for property owners and investors. Numa currently manages over 8,000 units across major European cities, including Berlin, London, Paris, and Rome, positioning itself as a reliable partner in the hospitality sector.

Numa

Venture Round in 2022
Numa Group is a Berlin-based company recognized as the leading European operator of a fully digitized hospitality platform. It provides modern travelers with innovative accommodation options that serve as an alternative to boutique hotels and managed short-stay apartments. Numa's offerings include features such as electronic check-in, kitchen facilities, workstations, professional housekeeping, and locally curated recommendations, aiming to deliver an authentic experience for guests. The company employs proprietary technology to automate many operational processes, enhancing cost efficiency and revenue for property owners and investors. Numa currently manages over 8,000 units across major European cities, including Berlin, London, Paris, and Rome, positioning itself as a reliable partner in the hospitality sector.

FORMEL Skin

Series A in 2021
FORMEL Skin is a healthtech start-up based in Berlin, Germany, founded in 2020. The company aims to transform dermatology by providing personalized, high-quality medical treatments through an online platform. FORMEL Skin offers a range of medical and science-based solutions designed to address various dermatological conditions. Its approach involves thorough consultations with dermatologists, ensuring that products are tailored to individual skin types and needs. This personalized treatment plan enables patients with skin issues to receive effective care that is specifically suited to their circumstances.

Flink

Series B in 2021
Flink is a Berlin-based company founded in 2020 that specializes in an online platform for grocery delivery services. The company offers a diverse range of grocery products, including fresh herbs, fruits, bread, and essential home supplies. Flink's application allows customers to receive their orders within ten minutes, providing a convenient solution for acquiring everyday necessities while maintaining supermarket pricing. By focusing on quick delivery and a broad selection of items, Flink aims to enhance the shopping experience for consumers seeking efficiency and convenience in their grocery purchasing.

Forto

Series C in 2021
Forto GmbH, founded in 2016 in Berlin, specializes in freight forwarding services across Asia and Europe. Originally named FreightHub, the company rebranded in April 2020 and has developed a digital logistics platform that simplifies the management of international shipping, including FCL and LCL shipments, as well as air freight services. This user-friendly interface allows customers to optimize their global supply chain processes by providing real-time quotes, online booking, and digital freight tracking. With over 2,000 clients and a workforce exceeding 200 employees, Forto aims to enhance global trade and promote sustainability through its innovative logistics technology. The company operates nine global offices, emphasizing efficiency and transparency in logistics management.

Numa

Series A in 2021
Numa Group is a Berlin-based company recognized as the leading European operator of a fully digitized hospitality platform. It provides modern travelers with innovative accommodation options that serve as an alternative to boutique hotels and managed short-stay apartments. Numa's offerings include features such as electronic check-in, kitchen facilities, workstations, professional housekeeping, and locally curated recommendations, aiming to deliver an authentic experience for guests. The company employs proprietary technology to automate many operational processes, enhancing cost efficiency and revenue for property owners and investors. Numa currently manages over 8,000 units across major European cities, including Berlin, London, Paris, and Rome, positioning itself as a reliable partner in the hospitality sector.

Flink

Seed Round in 2021
Flink is a Berlin-based company founded in 2020 that specializes in an online platform for grocery delivery services. The company offers a diverse range of grocery products, including fresh herbs, fruits, bread, and essential home supplies. Flink's application allows customers to receive their orders within ten minutes, providing a convenient solution for acquiring everyday necessities while maintaining supermarket pricing. By focusing on quick delivery and a broad selection of items, Flink aims to enhance the shopping experience for consumers seeking efficiency and convenience in their grocery purchasing.

FORMEL Skin

Seed Round in 2020
FORMEL Skin is a healthtech start-up based in Berlin, Germany, founded in 2020. The company aims to transform dermatology by providing personalized, high-quality medical treatments through an online platform. FORMEL Skin offers a range of medical and science-based solutions designed to address various dermatological conditions. Its approach involves thorough consultations with dermatologists, ensuring that products are tailored to individual skin types and needs. This personalized treatment plan enables patients with skin issues to receive effective care that is specifically suited to their circumstances.

Forto

Series C in 2020
Forto GmbH, founded in 2016 in Berlin, specializes in freight forwarding services across Asia and Europe. Originally named FreightHub, the company rebranded in April 2020 and has developed a digital logistics platform that simplifies the management of international shipping, including FCL and LCL shipments, as well as air freight services. This user-friendly interface allows customers to optimize their global supply chain processes by providing real-time quotes, online booking, and digital freight tracking. With over 2,000 clients and a workforce exceeding 200 employees, Forto aims to enhance global trade and promote sustainability through its innovative logistics technology. The company operates nine global offices, emphasizing efficiency and transparency in logistics management.

Watchmaster

Venture Round in 2020
Watchmaster ICP GmbH is a Berlin-based company that operates an online platform for buying and selling pre-owned luxury watches. The company features a diverse selection of prestigious brands, including Rolex, Breitling, Omega, Tag Heuer, and Cartier, among others. Watchmaster aims to create a seamless and secure shopping experience, merging the traditional service of a jeweler with the convenience of eCommerce. By sourcing inventory from private individuals and over 1,800 authorized retailers worldwide, it can offer luxury timepieces at prices up to 30 percent below retail value. The company enhances the value of these pre-owned watches through in-house certification and refurbishment processes, ensuring that they meet high standards comparable to new pieces. This model not only provides customers with a wide range of authentic luxury watches but also allows them to engage in a comfortable and efficient buying and selling experience.

Sanity Group

Series A in 2020
Sanity Group is a European cannabis company established in 2018 and headquartered in Berlin, Germany. The company is dedicated to enhancing people's quality of life through cannabinoids, focusing on health, well-being, and scientific research. Sanity Group develops consumer products derived from non-psychoactive cannabinoids, aiming to provide pharmacies and clinical institutions with access to medicinal cannabis solutions.

FORMEL Skin

Pre Seed Round in 2019
FORMEL Skin is a healthtech start-up based in Berlin, Germany, founded in 2020. The company aims to transform dermatology by providing personalized, high-quality medical treatments through an online platform. FORMEL Skin offers a range of medical and science-based solutions designed to address various dermatological conditions. Its approach involves thorough consultations with dermatologists, ensuring that products are tailored to individual skin types and needs. This personalized treatment plan enables patients with skin issues to receive effective care that is specifically suited to their circumstances.

LifeX

Seed Round in 2019
LifeX Aps, founded in 2017 and based in Copenhagen, Denmark, with an additional office in Berlin, Germany, specializes in co-living and co-working spaces. The company offers a comprehensive relocation service designed to assist individuals in settling into new cities. This includes a flexible housing subscription that connects residents with a community of like-minded individuals. LifeX fosters community engagement through various activities and events, aimed at helping newcomers meet people and navigate the practical aspects of moving. By emphasizing community building, LifeX creates an environment where residents can thrive both personally and professionally.

Numa

Seed Round in 2019
Numa Group is a Berlin-based company recognized as the leading European operator of a fully digitized hospitality platform. It provides modern travelers with innovative accommodation options that serve as an alternative to boutique hotels and managed short-stay apartments. Numa's offerings include features such as electronic check-in, kitchen facilities, workstations, professional housekeeping, and locally curated recommendations, aiming to deliver an authentic experience for guests. The company employs proprietary technology to automate many operational processes, enhancing cost efficiency and revenue for property owners and investors. Numa currently manages over 8,000 units across major European cities, including Berlin, London, Paris, and Rome, positioning itself as a reliable partner in the hospitality sector.

Infarm

Series B in 2019
Infarm is a Berlin-based company founded in 2013 that designs and distributes efficient vertical farms for urban environments. By integrating IoT technologies and machine learning, Infarm provides a modular farming system that aims to create a resilient, transparent, and affordable alternative food system. The company’s compact growing kits enable cities to enhance their self-sufficiency in food production, improving the safety, quality, and environmental impact of the food supply. Through its innovative approach, Infarm seeks to transform how fresh produce is grown and consumed in urban areas.

Forto

Series B in 2019
Forto GmbH, founded in 2016 in Berlin, specializes in freight forwarding services across Asia and Europe. Originally named FreightHub, the company rebranded in April 2020 and has developed a digital logistics platform that simplifies the management of international shipping, including FCL and LCL shipments, as well as air freight services. This user-friendly interface allows customers to optimize their global supply chain processes by providing real-time quotes, online booking, and digital freight tracking. With over 2,000 clients and a workforce exceeding 200 employees, Forto aims to enhance global trade and promote sustainability through its innovative logistics technology. The company operates nine global offices, emphasizing efficiency and transparency in logistics management.

Automation Hero

Series A in 2019
Automation Hero, Inc. specializes in developing artificial intelligence-driven applications to automate sales processes and enhance business efficiency. The company offers a range of tools, including Viz Studio, which enables users to visualize and optimize complex processes; Hero_Go, a screen automation recorder for data extraction and input; and Flow Studio, designed for developers to create tailored solutions. Additionally, Automation Hero provides AI Studio, which addresses limitations in traditional robotic process automation, and domain-intelligent optical character recognition (OCR) technology that digitizes various document types. The company's application, Robin, assists in generating new accounts and leads while streamlining meeting scheduling. Catering to diverse industries such as insurance, banking, technology, retail, manufacturing, telecommunications, and media, Automation Hero aims to improve operational efficiency and reduce repetitive tasks. Founded in 2017 and headquartered in San Francisco, California, the company also has offices in Berlin and Halle, Germany. Formerly known as SalesHero, Inc., it rebranded as Automation Hero, Inc. in March 2019.

LifeX

Pre Seed Round in 2018
LifeX Aps, founded in 2017 and based in Copenhagen, Denmark, with an additional office in Berlin, Germany, specializes in co-living and co-working spaces. The company offers a comprehensive relocation service designed to assist individuals in settling into new cities. This includes a flexible housing subscription that connects residents with a community of like-minded individuals. LifeX fosters community engagement through various activities and events, aimed at helping newcomers meet people and navigate the practical aspects of moving. By emphasizing community building, LifeX creates an environment where residents can thrive both personally and professionally.

caroobi

Series B in 2018
Caroobi GmbH, established in 2015 and headquartered in Berlin, Germany, operates as an integrated marketplace for automotive aftersales services. The company specializes in streamlining the repair experience for customers by offering a wide range of car repair services and replacement parts through its network of workshops. These services include transmission repair, engine and cylinder head gasket replacement, motor services, inspection and quality checks, gear repair, turbocharger and coupling changes, timing belt and chain replacement, and car wrapping. Caroobi also provides auto parts such as engine exchange parts, transmission replacement parts, and turbocharger exchange parts. The company's platform enables users to book these services at transparent and fixed prices, aiming to revolutionize the automotive aftersales industry across Europe and beyond. As of June 15, 2020, Caroobi operates as a subsidiary of Deutsches Werkstattnetz GmbH.

Automation Hero

Seed Round in 2018
Automation Hero, Inc. specializes in developing artificial intelligence-driven applications to automate sales processes and enhance business efficiency. The company offers a range of tools, including Viz Studio, which enables users to visualize and optimize complex processes; Hero_Go, a screen automation recorder for data extraction and input; and Flow Studio, designed for developers to create tailored solutions. Additionally, Automation Hero provides AI Studio, which addresses limitations in traditional robotic process automation, and domain-intelligent optical character recognition (OCR) technology that digitizes various document types. The company's application, Robin, assists in generating new accounts and leads while streamlining meeting scheduling. Catering to diverse industries such as insurance, banking, technology, retail, manufacturing, telecommunications, and media, Automation Hero aims to improve operational efficiency and reduce repetitive tasks. Founded in 2017 and headquartered in San Francisco, California, the company also has offices in Berlin and Halle, Germany. Formerly known as SalesHero, Inc., it rebranded as Automation Hero, Inc. in March 2019.

Infarm

Series A in 2018
Infarm is a Berlin-based company founded in 2013 that designs and distributes efficient vertical farms for urban environments. By integrating IoT technologies and machine learning, Infarm provides a modular farming system that aims to create a resilient, transparent, and affordable alternative food system. The company’s compact growing kits enable cities to enhance their self-sufficiency in food production, improving the safety, quality, and environmental impact of the food supply. Through its innovative approach, Infarm seeks to transform how fresh produce is grown and consumed in urban areas.

Forto

Series A in 2017
Forto GmbH, founded in 2016 in Berlin, specializes in freight forwarding services across Asia and Europe. Originally named FreightHub, the company rebranded in April 2020 and has developed a digital logistics platform that simplifies the management of international shipping, including FCL and LCL shipments, as well as air freight services. This user-friendly interface allows customers to optimize their global supply chain processes by providing real-time quotes, online booking, and digital freight tracking. With over 2,000 clients and a workforce exceeding 200 employees, Forto aims to enhance global trade and promote sustainability through its innovative logistics technology. The company operates nine global offices, emphasizing efficiency and transparency in logistics management.

caroobi

Series A in 2017
Caroobi GmbH, established in 2015 and headquartered in Berlin, Germany, operates as an integrated marketplace for automotive aftersales services. The company specializes in streamlining the repair experience for customers by offering a wide range of car repair services and replacement parts through its network of workshops. These services include transmission repair, engine and cylinder head gasket replacement, motor services, inspection and quality checks, gear repair, turbocharger and coupling changes, timing belt and chain replacement, and car wrapping. Caroobi also provides auto parts such as engine exchange parts, transmission replacement parts, and turbocharger exchange parts. The company's platform enables users to book these services at transparent and fixed prices, aiming to revolutionize the automotive aftersales industry across Europe and beyond. As of June 15, 2020, Caroobi operates as a subsidiary of Deutsches Werkstattnetz GmbH.

Infarm

Seed Round in 2017
Infarm is a Berlin-based company founded in 2013 that designs and distributes efficient vertical farms for urban environments. By integrating IoT technologies and machine learning, Infarm provides a modular farming system that aims to create a resilient, transparent, and affordable alternative food system. The company’s compact growing kits enable cities to enhance their self-sufficiency in food production, improving the safety, quality, and environmental impact of the food supply. Through its innovative approach, Infarm seeks to transform how fresh produce is grown and consumed in urban areas.

Forto

Seed Round in 2016
Forto GmbH, founded in 2016 in Berlin, specializes in freight forwarding services across Asia and Europe. Originally named FreightHub, the company rebranded in April 2020 and has developed a digital logistics platform that simplifies the management of international shipping, including FCL and LCL shipments, as well as air freight services. This user-friendly interface allows customers to optimize their global supply chain processes by providing real-time quotes, online booking, and digital freight tracking. With over 2,000 clients and a workforce exceeding 200 employees, Forto aims to enhance global trade and promote sustainability through its innovative logistics technology. The company operates nine global offices, emphasizing efficiency and transparency in logistics management.

caroobi

Seed Round in 2016
Caroobi GmbH, established in 2015 and headquartered in Berlin, Germany, operates as an integrated marketplace for automotive aftersales services. The company specializes in streamlining the repair experience for customers by offering a wide range of car repair services and replacement parts through its network of workshops. These services include transmission repair, engine and cylinder head gasket replacement, motor services, inspection and quality checks, gear repair, turbocharger and coupling changes, timing belt and chain replacement, and car wrapping. Caroobi also provides auto parts such as engine exchange parts, transmission replacement parts, and turbocharger exchange parts. The company's platform enables users to book these services at transparent and fixed prices, aiming to revolutionize the automotive aftersales industry across Europe and beyond. As of June 15, 2020, Caroobi operates as a subsidiary of Deutsches Werkstattnetz GmbH.

Watchmaster

Series B in 2016
Watchmaster ICP GmbH is a Berlin-based company that operates an online platform for buying and selling pre-owned luxury watches. The company features a diverse selection of prestigious brands, including Rolex, Breitling, Omega, Tag Heuer, and Cartier, among others. Watchmaster aims to create a seamless and secure shopping experience, merging the traditional service of a jeweler with the convenience of eCommerce. By sourcing inventory from private individuals and over 1,800 authorized retailers worldwide, it can offer luxury timepieces at prices up to 30 percent below retail value. The company enhances the value of these pre-owned watches through in-house certification and refurbishment processes, ensuring that they meet high standards comparable to new pieces. This model not only provides customers with a wide range of authentic luxury watches but also allows them to engage in a comfortable and efficient buying and selling experience.

Watchmaster

Series A in 2015
Watchmaster ICP GmbH is a Berlin-based company that operates an online platform for buying and selling pre-owned luxury watches. The company features a diverse selection of prestigious brands, including Rolex, Breitling, Omega, Tag Heuer, and Cartier, among others. Watchmaster aims to create a seamless and secure shopping experience, merging the traditional service of a jeweler with the convenience of eCommerce. By sourcing inventory from private individuals and over 1,800 authorized retailers worldwide, it can offer luxury timepieces at prices up to 30 percent below retail value. The company enhances the value of these pre-owned watches through in-house certification and refurbishment processes, ensuring that they meet high standards comparable to new pieces. This model not only provides customers with a wide range of authentic luxury watches but also allows them to engage in a comfortable and efficient buying and selling experience.

Savedo

Seed Round in 2015
Savedo GmbH is an online marketplace based in Berlin, Germany, founded in 2014, that facilitates investment in fixed-term deposits across the European Union. The platform allows users in Germany, Austria, and the Netherlands to access better interest rates on their savings without the need to travel to different countries. By partnering with various banks, Savedo provides essential services such as customer support and standardized account documentation, streamlining the investment process for its clients. As of August 2017, Savedo operates as a subsidiary of Deposit Solutions GmbH and is staffed by a team of experienced finance professionals and online specialists dedicated to enhancing retail investment opportunities in Europe.

Vicomi

Seed Round in 2015
Vicomi is a visual comment platform that enables publishers to measure user sentiment by allowing viewers to tag emotions in their comments. Founded in 2012 and headquartered in Israel, with additional offices in San Francisco, New York, and Berlin, the platform enhances online engagement by providing tools that help publishers understand how their audience feels about their content. Vicomi's technology facilitates the analysis of user emotions, enabling publishers to optimize their content and improve advertising monetization. Its dashboard allows users to monitor comments effectively, while a recommendations widget promotes higher content circulation, increasing website traffic, retention, and overall web engagement.

Kitchen Stories

Seed Round in 2015
Kitchen Stories, established in 2014 by Mengting Gao and Verena Hubertz, is a Berlin-based company that operates a recipe platform and mobile app. It offers step-by-step photo instructions and video tutorials for various dishes, along with culinary techniques and equipment information. The app features additional tools like an auto-generated shopping list, quantity calculator, and integrated timer. Available in 12 languages, it aims to create an innovative cooking experience, making delicious meals accessible in home kitchens.

Memorado

Seed Round in 2014
Memorado is a Berlin-based company that focuses on brain training through a mobile application designed to enhance cognitive abilities. By offering neuroscience-based games, the platform provides users with personalized workouts aimed at improving essential skills such as memory, concentration, and problem-solving. Since its inception, Memorado has attracted significant funding and currently serves over 4 million members across 229 countries and 25 languages. The company also launched the Global Cognition Initiative, an open-source research collaboration that connects its in-house scientists with global researchers and educators to advance the understanding of cognition. Through its innovative approach, Memorado seeks to redefine mental performance and improve the quality of life for individuals worldwide.

Savedo

Seed Round in 2014
Savedo GmbH is an online marketplace based in Berlin, Germany, founded in 2014, that facilitates investment in fixed-term deposits across the European Union. The platform allows users in Germany, Austria, and the Netherlands to access better interest rates on their savings without the need to travel to different countries. By partnering with various banks, Savedo provides essential services such as customer support and standardized account documentation, streamlining the investment process for its clients. As of August 2017, Savedo operates as a subsidiary of Deposit Solutions GmbH and is staffed by a team of experienced finance professionals and online specialists dedicated to enhancing retail investment opportunities in Europe.

Quandoo

Seed Round in 2013
Quandoo is a technology-driven platform that facilitates restaurant reservations, enhancing the dining experience for both diners and restaurants. Operating in 11 countries, including Austria, Switzerland, Italy, Turkey, the UK, Hong Kong, Finland, Singapore, Australia, and the Netherlands, the company has seated over 200 million diners in more than 18,000 restaurants. Based in Berlin, Quandoo offers a range of tools for restaurants, including a reservation system, yield management, and cashier integration, which streamline operations and improve customer engagement. With a workforce of over 370 employees from 50 different countries, Quandoo aims to become the leading marketplace for dining experiences globally. As a subsidiary of Recruit Holdings, it collaborates with sister companies to form a prominent entity in restaurant marketing and software solutions.
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