When was Cherry founded?

Cherry was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Cherry located?

Cherry is headquartered in San Francisco, United States. It is registered at San Francisco, California.

Who is the current CEO of Cherry?

Felix Steinmeyer of Cherry. They have also founded 1 company.

How many employees does Cherry have?

As of Mar 31, 2026, the latest employee count at Cherry is 804.

Is Cherry a funded company?

Cherry is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Apr 15, 2020.

When was the latest funding round of Cherry?

Cherry's latest funding was a $***** Conventional Debt round on Mar 17, 2022, with participation from 1 investor.

Where does Cherry rank among its competitors?

Cherry ranks 3rd amongst 224 active competitors, of which 40 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Alaffia Health, which secured $55M in Feb, 2026.

Who are the top competitors of Cherry?

Cherry's top competitors include Cedar, PayZen and Zelis Healthcare. Among them, Alaffia Health secured the most recent funding round in February, 2026.

Cherry - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: withcherry.com
Social
Email ID: *****@withcherry.com
Phone Number: +1 **********
Registered Address: San Francisco, California

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Mar 17, 2022, $*****

Investors

Financial Solutions Lab & 5 more

Ranked

3^rd among 224 active competitors

Employee Count

804 as on Mar 31, 2026

Similar Companies

Cedar & 222 more

View Cherry's full profile

Cherry is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CHERRY TECHNOLOGIES INC. CIN: 822708163 , United States, Active	Dec 31, 1999	-	336 (As on Dec 31, 2024)	-
CHERRY TECHNOLOGIES INC. CIN: 786485 , United States, Active	Apr 30, 2024	-	-	-
CHERRY TECHNOLOGIES INC. CIN: 32092064388 , United States, Active	Oct 16, 2023	-	-	-

Cherry has raised funding over 3 rounds. Its first funding round was on Apr 15, 2020. Its latest funding round was a Conventional Debt round on Mar 17, 2022 for $*****. 1 investor participated in its latest round. Cherry has 6 institutional investors.

Here is the list of recent funding rounds of Cherry:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 17, 2022	6193326	Conventional Debt	1178068	1399220	4053830	2749022
Feb 26, 2021	7375318	Conventional Debt	3188075	2099522	1924814	7270818
Apr 15, 2020	9495143	Conventional Debt	2997420	3083728	6986744	8801502

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View details of Cherry's funding rounds and investors

The founders of Cherry are Felix Steinmeyer and Charles Mourani. Felix Steinmeyer is the CEO of Cherry.

Here are the details of Cherry's key team members:

Felix Steinmeyer: Co-Founder & CEO of Cherry and founder of 1 other company.
Contact Info: 1 email address
Charles Mourani: Co-Founder & CTO of Cherry and founder of 1 other company.
Contact Info: 1 email address

View details of Cherry's Founder profiles and Board Members

Cherry's employee count trend

Cherry has 804 employees as of Mar 26. Here is Cherry's employee count trend over the years:

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Top competitors of Cherry include Cedar, PayZen and Zelis Healthcare. Here is the list of Top 10 competitors of Cherry, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cedar 2016, New York City (United States), Series D	Cloud-based payment solutions for the healthcare industry	$351M	Tiger Global Management, Kinnevik & 28 others	69/100
2nd	PayZen 2011, San Francisco (United States), Series B	AI medical billing software for healthcare professionals and organizations	$72M	7wire Ventures, SignalFire & 6 others	62/100
3rd	Cherry 2017, San Francisco (United States), Funding Raised	Provides sales payment solution for businesses and customers	-	Financial Solutions Lab, Fin Capital & 4 others	61/100
4th	Zelis Healthcare 1995, Boston (United States), Funding Raised	Digital solutions to modernize the healthcare financial experience for payers, providers, and members	-	Mubadala, Norwest & 8 others	59/100
5th	Arvo 2022, Sao Paulo (Brazil), Series A	AI-powered healthcare technology to identify errors and fraud in healthcare transactions	$24.5M	Actions Capital, Kaszek & 5 others	59/100
6th	Alaffia Health 2020, New York City (United States), Series B	AI platform for healthcare claims management and automation	$72M	Transformation Capital, FirstMark & 12 others	58/100
7th	InstaMed 2004, Philadelphia (United States), Acquired	Healthcare bill payment solutions	$123M	NJTC Venture Fund, Osage Venture Partners ... & 9 others	57/100
8th	HealthiPASS 2013, Lombard (United States), Acquired	Healthcare billing management	$11.3M	FCA Venture Partners, Fifth Third Bank & 7 others	57/100
9th	Rialtic 2020, Atlanta (United States), Series B	Payment solutions for healthcare sectors	$81M	F-Prime Capital, Socium Ventures & 4 others	56/100
10th	RevSpring 1981, St. Paul (Canada), Acquired	Platform for revenue cycle management in healthcare centers	-	New Enterprise Associates, InvestMichigan! ... & 2 others	54/100