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 Jan 05, 2026, the latest employee count at Cherry is 675.

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 5th amongst 221 active competitors, of which 43 are funded. It stands 9th 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 Greenphire, Cedar and PayZen. 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 & 4 more

Ranked

5^th among 221 active competitors

Employee Count

675 as on Jan 05, 2026

Similar Companies

Greenphire & 219 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 5 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	2234803	Conventional Debt	5387933	5128451	9404433	4661338
Feb 26, 2021	5415749	Conventional Debt	9871882	5598522	6937653	8101145
Apr 15, 2020	9711166	Conventional Debt	6719590	2225881	5812783	7562292

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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 675 employees as of Jan 26. Here is Cherry's employee count trend over the years:

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Top competitors of Cherry include Greenphire, Cedar and PayZen. 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	Greenphire 2007, King Of Prussia (United States), Acquired	Clinical trial technology simplifying the journey for patients, sites, and sponsors	$5.81M	FirstMark, Saratoga Investment & 3 others	71/100
2nd	Cedar 2016, New York City (United States), Series D	Cloud-based payment solutions for the healthcare industry	$351M	Kinnevik, Tiger Global Management & 28 others	70/100
3rd	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
4th	Flex 2023, San Francisco (United States), Series A	Online marketplace for the purchase of products and services related to fitness and nutrition	$18.7M	SV Angel, Liquid 2 Ventures & 8 others	61/100
5th	Cherry 2017, San Francisco (United States), Funding Raised	Provides sales payment solution for businesses and customers	-	Financial Solutions Lab, Core Innovation Capital ... & 3 others	61/100
6th	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
7th	Alaffia Health 2020, New York City (United States), Series B	AI platform for healthcare claims management and automation	$72M	Transformation Capital, Anthemis Group & 12 others	58/100
8th	Capim 2017, Brazil, Series A	Digital patient payment management tool for clinics and individuals	$25.5M	QED Investors, Onevc & 1 others	58/100
9th	InstaMed 2004, Philadelphia (United States), Acquired	Healthcare bill payment solutions	$123M	Osage Venture Partners, NJTC Venture Fund ... & 9 others	57/100
10th	VisitPay 2010, Boise (United States), Acquired	Cloud based patient revenue management system for healthcare providers	$46.1M	Saint Luke's, Norwest & 4 others	57/100