About Cherubic Ventures
Cherubic Ventures is a venture capital firm founded in 2010. It is primarily based out of Daan, Taiwan. As of Aug 2026, Cherubic Ventures is an active investor, having invested in 231 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States 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 $***** Seed round of Surf Music Overall, Cherubic Ventures portfolio has seen 4 unicorns, 5 IPOs and 21 acquisitions including key companies like Hims, Calm and Ring Labs. A lot of funds co-invest with Cherubic Ventures, with names like SV Angel sharing a substantial percentage of its portfolio. Cherubic Ventures has team of 9 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Deals in last 12 months
Cherubic Ventures' List of Top Investments
Cherubic Ventures has a portfolio of 231 companies, including 4 unicorns. Their most notable investments are in Sidework and Bungalow.Their portfolio spans across United States, China, Taiwan and 14 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 33 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Cherubic Ventures:
1. Hims
Online platform offering telehealth services for men's wellness. The company focuses on men's wellness and care, offering treatment options for hair loss, erectile dysfunction, and more.
Key facts about Hims
- Founded Year: 2017
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $197M
- Employee Count: 2,028 as on May 31, 2026
- Investors: Foresite Capital, Brentwood Associates and 17 Others
- Latest Funding Round: Post IPO, May 08, 2025, $*****
- Highlight: Public
2. Calm
Digital wellness platform. It offers meditation and sleep-related content and resources to users, aiming to promote relaxation and stress relief. The platform features guided meditations, sleep stories, and relaxing music to help users manage stress and anxiety. Content includes guided meditations, sleep stories, and breathing exercises.
Key facts about Calm
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $225M
- Employee Count: 726 as on Jun 30, 2026
- Investors: Goldman Sachs, 2B Global and 64 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2021, $*****
- Highlight: Editors' Pick

3. Bungalow
Provider of managed co-living spaces. The platform enables users to search for homes by applying the location filter and schedule a tour to the house of their choice. Some of the amenities provided include Wi-Fi, housekeeping, maintenance, utilities, and monthly community events. The company partners with homeowners to rent their properties via the platform.
Key facts about Bungalow
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $150M
- Employee Count: 185 as on Jun 30, 2026
- Investors: A-Rod, Flucas Ventures and 19 Others
- Latest Funding Round: Series C, Aug 24, 2021, $*****
- Highlight: Editors' Pick
4. Ring Labs
Provider of home security systems, cameras, alarms, and doorbells. It offers devices and services to protect homes. The company provides video monitoring, motion detection, and real-time alerts. Subscription plans are available to save and review recorded videos.
Key facts about Ring Labs
5. Zepp Labs
Developer of wearable devices and digital health management platform solutions. The company provides smart watches, bands, hearables, and soundscape services. Its platform includes an operating system, artificial intelligence chips, biometric sensors, and data algorithms. The platform delivers cloud-based insights and guidance. The company develops intelligent healthcare tools and utilizes generative artificial intelligence solutions.
Key facts about Zepp Labs
- Founded Year: 2011
- Location: San Jose (United States)
- Stage: Acquired
- Total Funding till date: $20M
- Employee Count: 235 as on Jun 30, 2026
- Investors: Connor, Clark & Lunn Financial Group, Gaorong Capital and 14 Others
- Latest Funding Round: Series B, Jan 22, 2014, $*****
- Highlight: Acquired
Cherubic Ventures' Year-on-Year Investment Trends
Cherubic Ventures has invested in 231 companies over the last 14 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in Surf Music and most recent follow-on round was in Habitto.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 1 | 0 | 1 |
2024 | 3 | 2 | 5 |
2023 | 7 | 1 | 8 |
2022 | 4 | 0 | 4 |
2021 | 9 | 2 | 11 |
2020 | 6 | 1 | 7 |
2019 | 6 | 3 | 9 |
2018 | 8 | 3 | 11 |
2017 | 6 | 2 | 8 |
Cherubic Ventures' Investments by Stage
Cherubic Ventures has made 57 investments in Seed stage with an average round size of $4.49M, 25 investments in Series A stage with an average round size of $11.3M and 5 investments in Angel stage with an average round size of $1.54M.Stage of entry | No. of Investments |
|---|---|
Seed | 57 |
Series A | 25 |
Angel | 5 |
Series B | 5 |
PE | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Cherubic Ventures' Investments by Sector
Cherubic Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, High Tech and Blockchain Technology. Notably, it has invested in 187 Tech companies, 124 Consumer (B2C) companies, 108 Enterprise (B2B) companies and at least 103 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 39 |
Enterprise Applications | 35 |
FinTech | 21 |
High Tech | 21 |
Blockchain Technology | 12 |
Others | 122 |
Note: We have considered here, only first round of investments
Cherubic Ventures' Investments by Geography
Cherubic Ventures has made most investments in United States (41), followed by China where it has made 29 investments.Country | No. of Investments |
|---|---|
United States | 41 |
China | 29 |
Taiwan | 11 |
Japan | 5 |
Singapore | 4 |
Others | 7 |
Note: We have considered here, only first round of investments
Cherubic Ventures' recent investments
Cherubic Ventures has made 2 investments in 2026 so far - Surf Music and Tokenz.Here are the most recent investments by Cherubic Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 06, 2026 | Japan | Seed | 5984 | - | |
Jun 02, 2026 | Japan | Series A | 2010 | [+5] | |
Apr 30, 2025 | China | Seed | 9145 | [+8] | |
Nov 28, 2024 | Japan | Series A | 1019 | [+6] | |
Sep 27, 2024 | United States | Seed | 4384 |
Unicorns in Cherubic Ventures' Portfolio
Cherubic Ventures has 4 unicorns in its portfolio - Tezign, Astranis, Calm and others. The most recent unicorn in their portfolio is Tezign. It became a unicorn in 2021, 4 years before Cherubic Ventures first invested in it.Here is a list of unicorns in Cherubic Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Provider of digital infrastructure for brand content creation, management, and distribution | 2014 | Shanghai | Series D | floalas | ||
65 | Developer of satellite-based communication services | 2015 | San Francisco | Series E | wwakglz | ||
79 | Digital wellness platform | 2012 | San Francisco | Series C | xdwztah | ||
74 | Provider of end-to-end supply chain logistics platform | 2013 | San Francisco | Series E | kkyyaqa |
IPOs and Publicly Listed companies in Cherubic Ventures' Portfolio
5 of Cherubic Ventures' portfolio companies have become public. IPEVO got listed on the Taipei Stock Exchange (TT), in Jan 2022 and 91APP got listed on the Taipei Stock Exchange (TT).Here are Cherubic Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 11, 2022 | - | - | 9689 | |
May 25, 2021 | - | - | 6252 | |
Sep 16, 2019 | Nov 2017 | Series A | 2405 | |
Dec 07, 2018 | - | - | 1736 | |
Apr 17, 2014 | Apr 29, 2013 | PE | 9049 |
Acquired companies in Cherubic Ventures' Portfolio
21 companies from Cherubic Ventures' portfolio have been acquired. The most recent acquisition was Ever in Jul 2024 by Forum Brands for $*****.Here are Cherubic Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2024 | Feb 16, 2016 | Series A | 9328 | |
Feb 27, 2024 | - | - | 3564 | |
Feb 10, 2024 | - | - | 9350 | |
May 31, 2023 | - | - | 4195 | |
May 23, 2023 | - | - | 7847 |
Team profile of Cherubic Ventures
Cherubic Ventures has a team of 9 members including 6 Partners and 3 Venture Partners located in Taiwan and United States. Cherubic Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Cherubic Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Taiwan | - | ||
Partner | United States | - | ||
Partner | San Francisco | - | - | |
Partner | - | - | ||
Partner | Taipei | - | - | |
Partner | Taipei | - | ||
Venture Partner | Taiwan | - | ||
Venture Partner | Taipei | - | ||
Venture Partner | Taipei | - | - |
Co-investors of Cherubic Ventures
Over the past 14 years, 559 investors have co-invested in Cherubic Ventures's portfolio companies. This includes funds and angels.
- Invested before Cherubic Ventures: Y Combinator, Unity Ventures and 73 others have invested in rounds before Cherubic Ventures. There are 3 companies where Y Combinator has invested before Cherubic Ventures and 2 companies where Unity Ventures has invested before Cherubic Ventures.
- Top Co-investors of Cherubic Ventures: 289 investors entered a company along with Cherubic Ventures. These include investors like SV Angel (5 companies).
- Invested after Cherubic Ventures: A total of 195 investors have invested in Cherubic Ventures's portfolio after their investments. Top Investors include K2VC (3 companies), Founders Fund (2 companies) and 8VC (2 companies).
Recent News related to Cherubic Ventures
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Cherubic Ventures Closes $68.88 Million Fund VI, Surpassing $500 Million in AUMPR Newswire•Sep 01, 2026•Cherubic Ventures
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Terminal 3 Secures US$8M Seed Funding to Scale Privacy Tech in AI EraAiThority•Apr 30, 2025•Terminal 3, Illuminate Financial, Titan, Animoca Brands and 7 others
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Japanese fintech startup Habitto raises USD 11.7 million in Series A funding roundThe Paypers•Nov 28, 2024•Habitto, QED Investors, DG Daiwa Ventures, Anthemis Group and 5 others
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Bot Auto Secures $20M in Pre-A Funding to Commercially Deploy Autonomous Truckingintelligence360•Oct 10, 2024•Bot Auto, Brightway Future Capita, Cherubic Ventures, EnvisionX Capital and 6 others
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Hou Xiaodi's New Company Botauto Announced The Completion Of $20 Million Pre-a Round Of FinancingInvestorscn•Oct 03, 2024•, Linear Venture, M31 Capital, Brightway Future Capita and 6 others
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Bot Auto Secures $20M in Pre-A Funding to Commercially Deploy Autonomous TruckingBusiness Wire•Sep 26, 2024•Bot Auto, Brightway Future Capita, Cherubic Ventures, EnvisionX Capital and 6 others
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RWA stablecoin issuer Anzen Finance raises $4 million in seed fundingThe Block•May 28, 2024•Anzen Finance, Mechanism Capital, Circle, Ar and 6 others
