Cherry Labs - About the company
Cherry Labs is a series A company based in San Francisco (United States), founded in 2017 by Nick Davidov. It operates as a Provider of AI-enabled cameras for elderly home monitoring. Cherry Labs has raised $6.04M in funding from GSR Ventures. The company has 27 active competitors, including 2 that are funded. Its top competitors include companies like Casper, Seniorworld and AltumView.
Company Details
Provider of AI-enabled cameras for elderly home monitoring. The camera is developed using a binocular camera with a multi-degree field of view and infrared night vision features. The company claims that the camera can detect the face of the users and learn about their body structure, voice, walking style etc. The camera uses a number of sensors to detect the presence of a person in the room and monitor their activities. Using this the camera can detect falls and other events. The companion app allows the user to get alerts in case of emergency or intrusion. As of Oct 2017, the company was taking pre-orders for their device.
- Website
- cherryhome.ai
- Email ID
- *****@cherryhome.ai
- Registered Address
- Torrance, California
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series A
Total Funding
$6.04M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 27 active competitors
Employee Count
6 as on Dec 31, 2022
Legal entities associated with Cherry Labs
Cherry Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHERRY LABS CIN: 815285672 , United States, Active | Jan 08, 2017 | - | 1 (As on Dec 31, 2024) | - |
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Cherry Labs's funding and investors
Cherry Labs has raised a total funding of $6.04M over 2 rounds. Its first funding round was on Oct 24, 2017. Its latest funding round was a Series A round on Dec 20, 2018 for $*****. 1 investor participated in its latest round. Cherry Labs has 4 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Cherry Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 20, 2018 | 1926133 | Series A | 4371311 | 2780348 | 1141265 | 6767785 |
Oct 24, 2017 | 7810313 | Seed | 2349804 | 2637691 | 7810255 |
View details of Cherry Labs's funding rounds and investors
Cherry Labs' founders and board of directors
Founder? Claim ProfileThe founders of Cherry Labs is Nick Davidov.
Here are the details of Cherry Labs' key team members:
- Nick Davidov: Co-Founder of Cherry Labs and founder of 1 other company. Contact Info: 1 email address
View details of Cherry Labs's Founder profiles and Board Members
Cherry Labs' employee count trend
Cherry Labs has 6 employees as of Dec 22. The total employee count is 14.0% lower than what it was in Dec 21. Here is Cherry Labs's employee count trend over the years:
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Cherry Labs's Competitors and alternates
Top competitors of Cherry Labs include Casper, Seniorworld and AltumView. Here is the list of Top 10 competitors of Cherry Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Casper 2015, Menlo Park (United States), Funding Raised | AI-driven remote healthcare platform providing predictive insights and contactless monitoring | - | 42/100 | |
2nd | Seniorworld 2015, Gurugram (India), Unfunded | Platform for healthcare devices and products for seniors | - | - | 40/100 |
3rd | Cherry Labs 2017, San Francisco (United States), Series A | Provider of AI-enabled cameras for elderly home monitoring | $6.04M | 40/100 | |
4th | Provider of smart sensors for senior care and health monitoring | - | - | 35/100 | |
5th | Assurelink 2016, Hertfordshire (United Kingdom), Unfunded | Provider of IoT-based elderly home monitoring solutions | - | - | 31/100 |
6th | Stack 2014, Cupertino (United States), Series A | Provider of sensor-based remote monitoring solutions | $15.8M | 30/100 | |
7th | Just Checking 2004, Lapworth (United Kingdom), Unfunded | Provider of IoT-based elderly monitoring systems | - | - | 28/100 |
8th | My Joy Plus 2020, Kowloon (China), Funding Raised | Provider of an AI and IoT-based smart home solution for elderly care | - | 27/100 | |
9th | Developer of sensor technology for fall detection and patient monitoring | - | - | 26/100 | |
10th | HoaOra Bern (Switzerland), Unfunded | Provider of IoT-enabled elderly monitoring systems | - | - | 24/100 |
Looking for more details on Cherry Labs's competitors? Click here to see the top ones
Cherry Labs's Investments and acquisitions
Cherry Labs has made no investments or acquisitions yet.
News related to Cherry Labs
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•
Cherry Labs raises $5.2 million for AI that detects when elderly users fallVentureBeat•Dec 20, 2018•Cherry Labs
•
Russian-founded AI startup secured $840,000 to "redesign home security"East-West Digital News•Oct 24, 2017•Cherry Labs, Gagarin Capital, Altair Capital, Impulse VC
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