Cherry Tree Investments

Cherry Tree Investments is a venture capital firm in California that focuses on the middle market. Founded 2013 in Los Angeles, California, United States by Cyrille Costes and Franck Blais, it invests in early stage ventures and late stage ventures. Its portfolio companies include BABOON, Arraiy, Workboard, Brandless, Battlefy, Smule, Wavedash Games, Didi Chuxing, Molotov, and PillPack. As of February 2020, Cherry Tree Investments has made 29 investments. Their most recent investment was on June 24, 2019, when BABOON raised $2.9M. Cherry Tree Investments has had five exits, the most notable of which include Casper, Lyft, and Arraiy. Cherry Tree Investments has raised 2 funds, their latest being Cherry Tree Fund II. This fund was announced on January 3, 2017 and raised a total of $11M.