Cherry Rock Capital

Cherryrock Capital operates as a venture capital firm, specializing in providing Series A and B financing to transformative software companies. The firm focuses on identifying and investing in entrepreneurs building innovative solutions, with a particular emphasis on fostering growth within the technology sector. Its core approach involves strategic capital deployment to support early-stage companies through critical development phases.

The firm was founded in 2023 by Stacy Brown-Philpot, formerly the CEO of TaskRabbit. Brown-Philpot established Cherryrock Capital based on the insight that many promising entrepreneurs, particularly those from underinvested backgrounds, often face significant barriers to securing venture funding. Her extensive experience in technology leadership informed the firm's mission to address this disparity by actively seeking out and backing diverse founders.

Cherryrock Capital's portfolio comprises software companies at their Series A and B stages, led by entrepreneurs who historically have been overlooked by traditional venture capital. The firm’s vision is to catalyze significant change in the tech ecosystem by empowering these founders, enabling them to scale their businesses and ultimately shape the future of technology with their groundbreaking innovations.