About Cherry Ventures
Cherry Ventures is a venture capital firm founded in 2012. It is primarily based out of Berlin, Germany. As of Oct 2026, Cherry Ventures is an active investor, having invested in 179 companies, with 15 new investments in the last 12 months. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series C round of RobCo Overall, Cherry Ventures portfolio has seen 12 unicorns, 2 IPOs and 23 acquisitions including key companies like FlixBus, Cazoo and AUTO1 Group. A lot of funds co-invest with Cherry Ventures, with names like General Catalyst sharing a substantial percentage of its portfolio. Cherry Ventures has team of 16 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio IPOs
Cherry Ventures' List of Top Investments
Cherry Ventures has a portfolio of 179 companies, including 12 unicorns. Their most notable investments are in TourRadar and Integral Services.Their portfolio spans across Germany, United States, United Kingdom and 16 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 30 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Cherry Ventures:
1. FlixBus
Operator of intercity bus transportation services for public passenger travel. This business manages scheduled transit routes using motor coaches to facilitate movement between municipalities. Passengers purchase tickets to secure seating for transit. The service provides amenities including power outlets and wireless internet access for travelers during transit. Luggage storage is available for passengers on these vehicles.
Key facts about FlixBus
- Founded Year: 2011
- Location: Munich (Germany)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.22B
- Employee Count: 49 as on May 31, 2026
- Investors: Silver Lake, Baillie Gifford and 35 Others
- Latest Funding Round: Series G, Jul 04, 2024, $*****
- Highlight: Editors' Pick
2. AMBOSS
Provider of medical knowledge platforms and clinical decision support tools. These digital resources offer interactive libraries and question banks for medical education and exam preparation. The technology integrates into clinical workflows to assist healthcare professionals with evidence-based recommendations and diagnostic guidance. The system provides access to medical content and reference materials for use in educational and clinical settings.
Key facts about AMBOSS
- Founded Year: 2012
- Location: Berlin (Germany)
- Stage: Series C
- Total Funding till date: $292M
- Employee Count: 1,133 as on Sep 30, 2026
- Investors: Wellington Partners Venture Capital, Lightrock and 11 Others
- Latest Funding Round: Series C, Mar 25, 2025, $*****
- Highlight: Editors' Pick
3. Numa
Chains providing digitally managed accommodation for business and leisure travelers. The company offers rooms and apartments with digital access. It provides options for short and extended stays. The company focuses on stays in urban areas.
Key facts about Numa
- Founded Year: 2019
- Location: Berlin (Germany)
- Stage: Series C
- Total Funding till date: $133M
- Employee Count: 575 as on Sep 30, 2026
- Investors: Kreos Capital, Verlinvest and 17 Others
- Latest Funding Round: Series C, Sep 25, 2023, $*****
- Highlight: Editors' Pick
4. Cazoo
Online dealer of second-hand cars. Their platform enables buyers to search for cars and view their specifications, photos, service history, price, and more. Buyers can purchase the car via the platform, as well as, have the cars delivered to their location. Their platform also provides car financing and servicing.
Key facts about Cazoo
- Founded Year: 2018
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $563M
- Employee Count: 890 as on Sep 30, 2026
- Investors: equitywestsecurities.com, CNP and 37 Others
- Latest Funding Round: Post IPO, Feb 10, 2022, $*****
- Highlight: Editors' Pick
5. Ben
Prepaid cards for employee benefits. It features solutions to manage multiple categories including health and wellness, food and drink, learning and development, and more. It provides a platform for displaying balances and transactions. It also provides spend analytics and relevant information to deal with tax and accounting.
Key facts about Ben
- Founded Year: 2019
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $48.5M
- Employee Count: 431 as on Sep 30, 2026
- Investors: Atomico, Seedcamp and 16 Others
- Latest Funding Round: Series B, Dec 17, 2025, $*****
- Highlight: Editors' Pick
Cherry Ventures' Year-on-Year Investment Trends
Cherry Ventures has invested in 179 companies over the last 13 years, with an average of 13 new investments annually in the last 10 years. In 2025, it made 26 investments, while as of Oct 2026, it has made 25 investments in this year. Its most recent first time investment was in RobCo and most recent follow-on round was in Integral Services.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 13 | 12 | 25 |
2025 | 17 | 9 | 26 |
2024 | 11 | 13 | 24 |
2023 | 8 | 8 | 16 |
2022 | 21 | 13 | 34 |
2021 | 18 | 17 | 35 |
2020 | 8 | 9 | 17 |
2019 | 8 | 8 | 16 |
2018 | 10 | 5 | 15 |
2017 | 10 | 3 | 13 |
Cherry Ventures' Investments by Stage
Cherry Ventures has made 96 investments in Seed stage with an average round size of $6.26M, 34 investments in Series A stage with an average round size of $17.3M and 5 investments in Series B stage with an average round size of $75.9M.Stage of entry | No. of Investments |
|---|---|
Seed | 96 |
Series A | 34 |
Series B | 5 |
Conventional Debt | 1 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Cherry Ventures' Investments by Sector
Cherry Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Consumer and Vertical SaaS. Notably, it has invested in 164 Tech companies, 107 Enterprise (B2B) companies, 86 Software companies and at least 75 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 72 |
High Tech | 32 |
FinTech | 28 |
Consumer | 27 |
Vertical SaaS | 24 |
Others | 164 |
Note: We have considered here, only first round of investments
Cherry Ventures' Investments by Geography
Cherry Ventures has made most investments in Germany (65), followed by United Kingdom where it has made 22 investments.Country | No. of Investments |
|---|---|
Germany | 65 |
United Kingdom | 22 |
United States | 22 |
Denmark | 6 |
Sweden | 6 |
Others | 16 |
Note: We have considered here, only first round of investments
Cherry Ventures' recent investments
Cherry Ventures has made 25 investments in 2026 so far. RobCo and Spiich are the latest among them.Here are the most recent investments by Cherry Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 05, 2026 | Germany | Series C | 1552 | [+5] | |
Sep 23, 2026 | Sweden | Seed | 9193 | ||
Sep 16, 2026 | Germany | Series A | 2052 | [+3] | |
Sep 14, 2026 | United Kingdom | Series A | 3842 | [+2] | |
Sep 08, 2026 | Germany | Series C | 6382 |
Unicorns in Cherry Ventures' Portfolio
Cherry Ventures has 12 unicorns in its portfolio - RobCo, Moss, Proxima Fusion and others. The most recent unicorn in their portfolio is RobCo. It became a unicorn in 2026.Here is a list of unicorns in Cherry Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Manufacturer of robots and automation solutions with software and AI | 2020 | Munich | Series C | hjnwgbn | ||
51 | Provider of a platform for managing company spending and automating finance | 2019 | Berlin | Series C | yaecifo | ||
62 | Developer of fusion power plants | 2023 | Munich | Series A | smsqxqg | ||
61 | Cloud based application monitoring software | 2023 | New York City | Series B | dfrofmu | ||
63 | Frontier AI lab building visual infrastructure for tomorrow's creative reality | 2024 | Wilmington | Series B | yksmfee |
IPOs and Publicly Listed companies in Cherry Ventures' Portfolio
2 of Cherry Ventures' portfolio companies have become public. Xometry got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2021 at marketcap of $1.77B and AUTO1 Group got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $9.12B.Here are Cherry Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2021 | - | - | 4414 | |
Feb 04, 2021 | - | - | 4701 |
Acquired companies in Cherry Ventures' Portfolio
23 companies from Cherry Ventures' portfolio have been acquired. The most recent acquisition was aware in Sep 2026 by Aeon for $*****.Here are Cherry Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 14, 2026 | - | - | 4824 | |
Apr 23, 2026 | Sep 24, 2024 | Seed | 7957 | |
Feb 24, 2026 | May 16, 2018 | Series A | 4858 | |
Feb 18, 2026 | Feb 10, 2020 | Series A | 9575 | |
Dec 05, 2025 | Jan 10, 2021 | Series A | 2781 |
Team profile of Cherry Ventures
Cherry Ventures has a team of 16 members including 4 Partners and 7 Principals located in United Kingdom, Germany and 2 more locations. Cherry Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Cherry Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Berlin | - | - | |
Partner | Sweden | - | ||
Partner | Berlin | - | ||
Partner | London | - | ||
Principal | Dusseldorf | - | ||
Principal | - | - | - | |
Principal | London | - |
Co-investors of Cherry Ventures
Over the past 13 years, 980 investors have co-invested in Cherry Ventures's portfolio companies. This includes funds and angels.
- Invested before Cherry Ventures: Y Combinator, UVC Partners and 171 others have invested in rounds before Cherry Ventures. There are 8 companies where Y Combinator has invested before Cherry Ventures and 4 companies where UVC Partners has invested before Cherry Ventures.
- Top Co-investors of Cherry Ventures: 432 investors entered a company along with Cherry Ventures. These include investors like General Catalyst (6 companies).
- Invested after Cherry Ventures: A total of 375 investors have invested in Cherry Ventures's portfolio after their investments. Top Investors include Target Global (6 companies), Atomico (6 companies) and EQT (4 companies).
Recent News related to Cherry Ventures
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RobCo Becomes a Unicorn with Over $1 Billion Valuation After New Funding RoundTrending Topics•Oct 05, 2026•Cherry Ventures, Robco, Lightspeed Venture Partners, Sequoia Capital
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Spiich Raises €3M Seed Funding to Scale AI Sales AgentsThe SaaS News•Sep 23, 2026•Spiich, Ugly Duckling Ventures, Cherry Ventures, Alliance Venture
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River Markets Raises $8.5M Seed Funding Led by Haun Ventures for Prediction Market PlatformThe SaaS News•Aug 13, 2026•River Markets, Haun Ventures, Kima Ventures, Qube Research & Technologies and 6 others
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Moss Becomes Unicorn After Raising €30 Million Series C FundingStartup Rise EU•Aug 06, 2026•Portage, Moss, Cherry Ventures, M.O.S.S. Computer Grafik Systeme
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Vorflux Raises $15M Seed Funding for Autonomous AI PlatformThe SaaS News•Jul 20, 2026•Peak XV Partners, Y Combinator, Powerset, Cherry Ventures and 4 others
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Proxima Fusion raises €411 million to build Europe’s fusion demonstratorVoxelMatters•Jul 10, 2026•Leitmotif, KfW Capital, XTX Markets, Proxima Fusion and 18 others
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Former KPMG chief joins £10m funding round for AI-powered audit challengerCity A.M.•Jun 16, 2026•Cortea, Dawn Capital, Cherry Ventures, Mosaic Ventures
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Berlin-based Cortea raises €12 million Seed round to build AI quality layer for audit firmsEU-Startups•Jun 16, 2026•Cortea, Cherry Ventures, Dawn Capital, Mosaic Ventures
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Madrid’s Orbio raises €18.09 million Series A to scale AI workforce platformEU-Startups•Jun 15, 2026•Orbio, Visionaries Club, Dawn Capital, Enzo Ventures and 8 others
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Zaro Secures $5.1M Pre-seed Funding to Build AI-Native Enterprise WorkspaceThe SaaS News•Jun 10, 2026•ZARO Media, Cherry Ventures
