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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.
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Email ID
*****@cherryhome.ai
Part Of
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
Employee Count
6 as on Dec 31, 2022
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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
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Cherry Labs' founders and board of directors

Founder? Claim Profile
The founders of Cherry Labs is Nick Davidov.
Here are the details of Cherry Labs' key team 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:
Employee count trend for Cherry Labs
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Casper
Casper
2015, Menlo Park (United States), Funding Raised
AI-driven remote healthcare platform providing predictive insights and contactless monitoring
-
42/100
2nd
Logo for Seniorworld
Seniorworld
2015, Gurugram (India), Unfunded
Platform for healthcare devices and products for seniors
-
-
40/100
3rd
Logo for Cherry Labs
Cherry Labs
2017, San Francisco (United States), Series A
Provider of AI-enabled cameras for elderly home monitoring
$6.04M
40/100
4th
Logo for AltumView
AltumView
2016, Burnaby (Canada), Unfunded
Provider of smart sensors for senior care and health monitoring
-
-
35/100
5th
Logo for Assurelink
Assurelink
2016, Hertfordshire (United Kingdom), Unfunded
Provider of IoT-based elderly home monitoring solutions
-
-
31/100
6th
Logo for Stack
Stack
2014, Cupertino (United States), Series A
Provider of sensor-based remote monitoring solutions
$15.8M
30/100
7th
Logo for Just Checking
Just Checking
2004, Lapworth (United Kingdom), Unfunded
Provider of IoT-based elderly monitoring systems
-
-
28/100
8th
Logo for My Joy Plus
My Joy Plus
2020, Kowloon (China), Funding Raised
Provider of an AI and IoT-based smart home solution for elderly care
-
27/100
9th
Logo for Roommate
Roommate
2010, Sandvika (Norway), Unfunded
Developer of sensor technology for fall detection and patient monitoring
-
-
26/100
10th
Logo for HoaOra
HoaOra
Bern (Switzerland), Unfunded
Provider of IoT-enabled elderly monitoring systems
-
-
24/100
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Cherry Labs's Investments and acquisitions

Cherry Labs has made no investments or acquisitions yet.

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