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Cherry Technologies

Cherry Technologies

Private
San Francisco, CaliforniaFinTechhttps://withcherry.com/

Last Round

Asset-backed Securitization

Jun 2, 2026

Est. Valuation

$2B

Total Funding Raised

$425.15M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Cherry Technologies is a financial technology company that provides flexible point-of-sale financing and buy now, pay later solutions for healthcare and wellness providers.

Sector

FinTech

Verticals

BNPL, Lending & Credit, Point-of-Sale, Digital Payments

Business Model

B2B2C

Customer Profile

Marketplace Commission, Revenue Share, Subscription SaaS

AI Layer

Non-AI

Keywords

point-of-sale financingbuy now, pay laterBNPLpatient financingelective medical financingmedical aesthetics financingdental financingfintech platformmerchant payment portalinstallment payment planshealthcare paymentsB2B2Cmerchant discount rateMDRmedical practice software

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Cherry Technologies Comparables

Compare Cherry Technologies with similar companies based on industry and business-model similarity.

Cherry Technologies comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
PatientFi
87%
Synchrony Financial
84%
Sunbit
83%

Cherry Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Asset-backed SecuritizationJun 2, 2026
DebtMay 12, 2025
Series CDec 23, 2024
DebtJul 31, 2024
DebtMar 29, 2024
Debt
Sep 6, 2023

Key People

Founding team and executive leadership

Felix Steinmeyer

CEO & Co-Founder

Founding Team

Sean Schroeder

COO

Executive Team

Pramod Thammaiah

Chief Product Officer

Executive Team

Cherry Technologies Investors

Notable investors and investment history

Cherry Technologies investors
InvestorRounds
Pelion Venture PartnersSeries B
DCM VenturesSeries B
Trinity CapitalDebt, Series B
Y CombinatorSeed
Castlelake, L.P.Debt
Kleiner PerkinsSeed, Series B, Series A
Core Innovation CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 2, 2026

    $350M raised in asset-backed securitization round.

  • Mar 26, 2026

    Added Pinecrestdds as a customer

Cherry Technologies Filings

Explore SEC and related filing metadata, where available.

Cherry Technologies filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Cherry Technologies's valuation, stock price, and market status.

Is Cherry a public or private company?

Cherry is a private company.

What is the current stock price of Cherry?

Cherry is a private company with no public stock price. No recent secondary market data is available.

How much is Cherry worth (valuation)?

Cherry's valuation is estimated at $2.0B based on funding round data.

Can I buy Cherry stock?

Cherry shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Cherry's last funding round?

Cherry's most recent funding round was Series C on December 23, 2024.

Who are the main investors in Cherry?

Key investors in Cherry include Kleiner Perkins, Core Innovation Capital.

Will Cherry IPO soon?

No public IPO plans have been announced for Cherry.

How can I track Cherry secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Cherry's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range620
Year Founded2017
Last FundingJun 2, 2026

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