![]() ![]() ![]() This culture comes from the founder's own personal experience as an entrepreneur and understanding of the journey: "From our creation eight years ago to today's important milestone, Cherubic has always relied on our tight-knit, global community of founders, investors, and industry experts. However, Cherubic is very willing to be the first investor to believe in these teams."Ĭheng added that his firm's criteria for choosing which startups to invest in are whether that team has a unique solution for a customer problem and how much experience they have in both entrepreneurism and their respective industries.Ĭheng emphasized Cherubic's core value of "founders-first", noting how the company's support of startups goes beyond capital contribution to consultation, mentoring, and providing emotional support throughout the entrepreneurial journey. Managing its capital under a "sector-agnostic" strategy, the firm has partnered with over 150 startups from across the world in industries ranging from consumer to enterprise solutions to blockchain technology, among others.Īdding to its portfolio of market-leading unicorns in 2021, Cherubic Ventures was also among the first investors in industry-pioneering startups such as the world's top sleep meditation app Calm along with Flexport, the leader in digital transformation for the logistics sector.įounder and Managing Partner Matt Cheng explained how Cherubic's Fund V will represent a continuation of the firm's "First Check" approach of seeking out high-potential teams that have yet to acquire any funding: "Putting faith in those startups that have yet to receive any investment is a challenging first step. Cherubic Ventures will also reserve more than 50% of Fund V assets for supporting startups to their later rounds all the way to pre-IPO, providing long-term and full support to its portfolios. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |