Cherry Tree Investments

Cherry Tree Investments is a private equity firm founded in 2013, with its headquarters located in Singapore. The firm specializes in investing in a range of sectors, including consumer goods, transportation, financial services, and technology companies. Cherry Tree Investments primarily targets opportunities within the United States but also invests globally. The firm engages in both venture capital investments through its managed fund and direct co-investments in top-tier venture capital funds. By focusing on these key sectors, Cherry Tree Investments aims to capitalize on high-growth opportunities and support the development of innovative companies.

Franck Blais

Co-Founder

Cyrille Costes

Co-Founder and Managing Partner

31 past transactions

Stackin

Series B in 2020
Stackin' is the simplest entry point into finance with over one million subscribers and a mission to empower people to improve their financial lives via text message. Stackin' provides the necessary tools & curated products for a younger generation of consumers to build healthy financial habits over time in a fun, entertaining, judgement-free relationship. Powered by a custom messaging platform, data, machine learning and human touch, their personalized messages educate subscribers on how to save money, reduce debt and start investing.

Stackin

Series A in 2019
Stackin' is the simplest entry point into finance with over one million subscribers and a mission to empower people to improve their financial lives via text message. Stackin' provides the necessary tools & curated products for a younger generation of consumers to build healthy financial habits over time in a fun, entertaining, judgement-free relationship. Powered by a custom messaging platform, data, machine learning and human touch, their personalized messages educate subscribers on how to save money, reduce debt and start investing.

Baboon to the Moon

Angel Round in 2019
Baboon is a manufacturer of backpacks intended to offer various types of adventure bags. The company's range of offerings includes various types of bags, which are made up of different materials and comes in different colors, shapes and sizes, enabling users to carry their belongings safely.

Baboon to the Moon

Angel Round in 2019
Baboon is a manufacturer of backpacks intended to offer various types of adventure bags. The company's range of offerings includes various types of bags, which are made up of different materials and comes in different colors, shapes and sizes, enabling users to carry their belongings safely.

Arraiy

Series A in 2018
Headquartered in Palo Alto, Arraiy is building the premier AI-driven production platform for the motion picture and television industry. Arraiy is collaborating with major studios, industry veterans, and award-winning artists to re-invent the filmmaking process with machine learning at its foundation. With its products, Arraiy seeks to enhance the creative freedom of storytellers and unlock the next generation of visual storytelling.

Workboard

Series A in 2017
WorkBoard Inc. is an enterprise SaaS company based in Redwood City, California, founded in 2013. The company specializes in providing an OKR (Objectives and Key Results) software platform designed to enhance alignment and accountability within organizations. Its flagship product, the WorkBoard Enterprise Results Platform, allows businesses to localize company objectives to individual teams, facilitating alignment on outcomes and measurement of results. The platform supports the automation of business reviews and the execution of strategic goals, enabling organizations to transform traditional approaches to strategy alignment into a dynamic, data-driven practice. By promoting transparency and accountability, WorkBoard helps teams develop habits that drive results and maintain focus as organizations grow.

Brandless

Series B in 2017
Brandless, Inc. operates an online consumer commerce platform that offers a diverse range of products designed to enhance everyday living. The company specializes in food items, home essentials, beauty and personal care products, health and wellness solutions, baby care, and pet supplies. Founded in 2015 and based in San Francisco, Brandless emphasizes quality, transparency, and community-driven values, aiming to provide consumers with better products at affordable prices. The platform promotes a collaborative approach to commerce, focusing on customer needs and preferences to drive innovation and improve product offerings. By prioritizing essential items and fostering a sense of community, Brandless seeks to empower consumers to make informed choices for themselves and their families.

Battlefy

Series A in 2017
Battlefy, Inc. is an eSports management platform that facilitates the organization and management of tournaments and leagues for various stakeholders, including college clubs, eSports organizations, and brands that support gamers. Founded in 2011 and based in Delta, Canada, Battlefy allows users to create signup forms, seed teams, draw brackets, and design sponsorship pages. The platform also enables the management of live-stream content, making it a comprehensive tool for both amateur and professional eSports events. Previously known as 7777833 Canada Inc., the company rebranded to Battlefy, Inc. in July 2013, focusing on providing an efficient and professional solution for organizing eSports competitions.

Smule

Series H in 2017
Smule, Inc. develops music applications that enable users to create, discover, love, and enjoy music. It also operates a social platform that allows people using its application to create music together. Smule, Inc. was formerly known as SonicMule, Inc. The company was founded in 2008 and is based in San Francisco, California.

Wavedash

Series A in 2017
Wavedash Games, Inc. is an independent game publisher based in Oakland, California, founded in 2015. The company aims to create innovative platform fighter games by leveraging the expertise of a diverse team drawn from leading companies in the gaming industry, including Riot, Blizzard, and BioWare. Wavedash focuses on developing products that cater to the modern gaming landscape, emphasizing spectator-friendly features and high production values for video streaming. Their offerings include competitive and cooperative multiplayer experiences, targeting the growing community of esports enthusiasts.

Didi

Secondary Market in 2017
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.

Molotov

Series B in 2016
Molotov SA operates Molotov.tv, an online video platform based in Paris, France, that provides access to programs from various TV channels. Established in 2014, the platform enables users to watch their favorite shows in HD quality on devices such as phones, tablets, or computers, thereby transforming the traditional television viewing experience. By facilitating easy access to a wide range of content, Molotov aims to enhance how audiences engage with television.

PillPack

Series D in 2016
PillPack, Inc. is a full-service pharmacy that specializes in medication management by sorting and delivering prescriptions in personalized packets. The company receives prescriptions from healthcare providers and organizes medications according to the prescribed dosage, ensuring that customers take the right medications at the right times. In addition to prescription medications, PillPack offers a range of health-related products, including vitamins, over-the-counter medications, inhalers, creams, and testing supplies. Founded in 2013 and headquartered in Manchester, New Hampshire, PillPack operates multiple locations across the United States. The company also engages with customers through its online magazine, Folks, which shares inspiring stories of individuals overcoming health challenges. As of September 2018, PillPack functions as a subsidiary of Amazon.

Smule

Series G in 2016
Smule, Inc. develops music applications that enable users to create, discover, love, and enjoy music. It also operates a social platform that allows people using its application to create music together. Smule, Inc. was formerly known as SonicMule, Inc. The company was founded in 2008 and is based in San Francisco, California.

Kindly Care

Seed Round in 2016
Kindly Care, Inc. is a San Francisco-based company that operates a marketplace for senior homecare, founded in 2014. It provides a mobile application designed to help families find and manage caregivers for their loved ones. The platform enables users to hire private live-in caregivers and offers tools for managing scheduling, tracking timesheets, and recording shift notes. This approach allows families to oversee the quality of care while also helping to reduce costs associated with senior care. Through its services, Kindly Care aims to facilitate a more efficient and effective caregiving experience for senior citizens and their families.

Survios

Series B in 2015
Survios, Inc. is a Los Angeles-based virtual reality company founded in 2012 that specializes in creating immersive gaming experiences. The company emerged from Project Holodeck, an interdisciplinary initiative at the University of Southern California’s Games program, founded by Nathan Burba, James Iliff, and Alexander Silkin. Survios focuses on developing interactive content that utilizes cutting-edge immersive technology to enhance user engagement. Its games are designed to offer a comprehensive sensory experience, incorporating visuals, sounds, and tactile elements to create a dynamic environment for players. Survios aims to push the boundaries of virtual reality gaming and redefine how users interact with digital content.

Motiv

Series A in 2015
Motiv Inc. is a personal technology company based in San Francisco, California, founded in 2013. The company specializes in developing and manufacturing wearable products, including rings designed for fitness tracking and online security. Motiv's products monitor essential health metrics such as heart rate, steps, and sleep activity, with an accompanying application that enhances user experience by providing data insights and notifications. The company focuses on creating aesthetically pleasing and user-friendly devices that integrate seamlessly into daily life. Motiv Inc. operates as a subsidiary of Proxy Technologies, Inc. since April 2020 and sells its products primarily online.

Didi

Private Equity Round in 2015
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.

PillPack

Series C in 2015
PillPack, Inc. is a full-service pharmacy that specializes in medication management by sorting and delivering prescriptions in personalized packets. The company receives prescriptions from healthcare providers and organizes medications according to the prescribed dosage, ensuring that customers take the right medications at the right times. In addition to prescription medications, PillPack offers a range of health-related products, including vitamins, over-the-counter medications, inhalers, creams, and testing supplies. Founded in 2013 and headquartered in Manchester, New Hampshire, PillPack operates multiple locations across the United States. The company also engages with customers through its online magazine, Folks, which shares inspiring stories of individuals overcoming health challenges. As of September 2018, PillPack functions as a subsidiary of Amazon.

Lyft

Series E in 2015
Lyft is an on-demand transportation service that connects riders with drivers through a mobile application, allowing users to request rides and make payments seamlessly. Founded in June 2012 in San Francisco, Lyft has become the second-largest ridesharing provider in the U.S. and Canada, serving approximately 95 percent of the U.S. population. The platform offers various ride options, including traditional private rides, shared rides, and luxury vehicles. In addition to standard ride-sharing services, Lyft has expanded into the bike and scooter-sharing market, promoting multimodal transportation solutions. The service is particularly popular among college, university, and corporate communities, and it allows riders to schedule rides up to seven days in advance.

Workboard

Convertible Note in 2015
WorkBoard Inc. is an enterprise SaaS company based in Redwood City, California, founded in 2013. The company specializes in providing an OKR (Objectives and Key Results) software platform designed to enhance alignment and accountability within organizations. Its flagship product, the WorkBoard Enterprise Results Platform, allows businesses to localize company objectives to individual teams, facilitating alignment on outcomes and measurement of results. The platform supports the automation of business reviews and the execution of strategic goals, enabling organizations to transform traditional approaches to strategy alignment into a dynamic, data-driven practice. By promoting transparency and accountability, WorkBoard helps teams develop habits that drive results and maintain focus as organizations grow.

Smule

Series F in 2015
Smule, Inc. develops music applications that enable users to create, discover, love, and enjoy music. It also operates a social platform that allows people using its application to create music together. Smule, Inc. was formerly known as SonicMule, Inc. The company was founded in 2008 and is based in San Francisco, California.

Kindly Care

Seed Round in 2015
Kindly Care, Inc. is a San Francisco-based company that operates a marketplace for senior homecare, founded in 2014. It provides a mobile application designed to help families find and manage caregivers for their loved ones. The platform enables users to hire private live-in caregivers and offers tools for managing scheduling, tracking timesheets, and recording shift notes. This approach allows families to oversee the quality of care while also helping to reduce costs associated with senior care. Through its services, Kindly Care aims to facilitate a more efficient and effective caregiving experience for senior citizens and their families.

BlockCypher

Convertible Note in 2014
BlockCypher, Inc. is a company that provides a cloud-optimized platform for developing blockchain applications. Founded in 2013 and based in Redwood City, California, BlockCypher's infrastructure simplifies the creation and management of applications that can operate on various blockchains. Its APIs facilitate interactions with blockchain technology, enabling solutions for payments, identity management, cybersecurity, payroll, and fraud prevention, among others. The platform supports both business-to-business and consumer transactions, allowing developers to focus on building application layers and cryptocurrency wallets without the need to reconstruct them from the ground up. By offering a reliable and scalable service, BlockCypher aims to reduce the complexity associated with blockchain application development.

Motiv

Series A in 2014
Motiv Inc. is a personal technology company based in San Francisco, California, founded in 2013. The company specializes in developing and manufacturing wearable products, including rings designed for fitness tracking and online security. Motiv's products monitor essential health metrics such as heart rate, steps, and sleep activity, with an accompanying application that enhances user experience by providing data insights and notifications. The company focuses on creating aesthetically pleasing and user-friendly devices that integrate seamlessly into daily life. Motiv Inc. operates as a subsidiary of Proxy Technologies, Inc. since April 2020 and sells its products primarily online.

Hobo Labs

Series A in 2014
Founded by successful entrepreneurs who created Rotten Tomatoes and Lithium, they believe in bringing the guild-mechanics that they love from PC games to the mobile platform. They want to make innovative games that they would want to play theirselves. And they believe the best games are the ones you can play with friends, so they are baking social into the core of what they do.

Survios

Series A in 2014
Survios, Inc. is a Los Angeles-based virtual reality company founded in 2012 that specializes in creating immersive gaming experiences. The company emerged from Project Holodeck, an interdisciplinary initiative at the University of Southern California’s Games program, founded by Nathan Burba, James Iliff, and Alexander Silkin. Survios focuses on developing interactive content that utilizes cutting-edge immersive technology to enhance user engagement. Its games are designed to offer a comprehensive sensory experience, incorporating visuals, sounds, and tactile elements to create a dynamic environment for players. Survios aims to push the boundaries of virtual reality gaming and redefine how users interact with digital content.

Smule

Series E in 2014
Smule, Inc. develops music applications that enable users to create, discover, love, and enjoy music. It also operates a social platform that allows people using its application to create music together. Smule, Inc. was formerly known as SonicMule, Inc. The company was founded in 2008 and is based in San Francisco, California.

AirPair

Seed Round in 2014
AirPair is a consultation development company that provides development resources and helps businesses complete projects. Its staff includes professionals with experience across many technology stacks and solutions. AirPair accelerates software development by pairing its team with its clients’ engineers in real time via video and screen sharing. The company specializes in remote consulting and pair programming. AirPair was founded in 2013 by Maksim Ioffe, Jonathon Kresner, and Igor Lebovic. It is headquartered in San Francisco, California.

Motiv

Seed Round in 2014
Motiv Inc. is a personal technology company based in San Francisco, California, founded in 2013. The company specializes in developing and manufacturing wearable products, including rings designed for fitness tracking and online security. Motiv's products monitor essential health metrics such as heart rate, steps, and sleep activity, with an accompanying application that enhances user experience by providing data insights and notifications. The company focuses on creating aesthetically pleasing and user-friendly devices that integrate seamlessly into daily life. Motiv Inc. operates as a subsidiary of Proxy Technologies, Inc. since April 2020 and sells its products primarily online.

Workboard

Seed Round in 2014
WorkBoard Inc. is an enterprise SaaS company based in Redwood City, California, founded in 2013. The company specializes in providing an OKR (Objectives and Key Results) software platform designed to enhance alignment and accountability within organizations. Its flagship product, the WorkBoard Enterprise Results Platform, allows businesses to localize company objectives to individual teams, facilitating alignment on outcomes and measurement of results. The platform supports the automation of business reviews and the execution of strategic goals, enabling organizations to transform traditional approaches to strategy alignment into a dynamic, data-driven practice. By promoting transparency and accountability, WorkBoard helps teams develop habits that drive results and maintain focus as organizations grow.
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