Cherry: Funding, Investors & Team (Aug 2026)
Over 80% of laborious operations are eliminated by the straightforward accounting application plugin CHERRYTM, which connects directly to bank platforms, automates payments and reconciliation. For ACH, RTP, wire, and card payments, CHERRY automates payments and syncs transaction-related data straight from the accounting software to the beneficiary. Within the framework of the current accounting procedures, it reduces double entry, automates bank account reconciliation, and offers simple transaction approval controls. After the payment has been generated, examined, and accepted, a standard ACH batch file is made and sent to the CHERRY user's bank for processing.
Cherry has raised $4.0M across 1 funding round on record, the most recent a Seed of $4.0M announced in Nov 2022.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Cherry Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Cherry Funding Rounds
Cherry Founders and Leadership Team
No contact details are on record for this team yet.
Cherry Funding Compared to Other Financial Services Startups
Cherry's latest round of $4.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Cherry Funding FAQs
What does Cherry do?
Over 80% of laborious operations are eliminated by the straightforward accounting application plugin CHERRYTM, which connects directly to bank platforms, automates payments and reconciliation. For ACH, RTP, wire, and card payments, CHERRY automates payments and syncs transaction-related data straight from the accounting software to the beneficiary. Within the framework of the current accounting procedures, it reduces double entry, automates bank account reconciliation, and offers simple transaction approval controls. After the payment has been generated, examined, and accepted, a standard ACH batch file is made and sent to the CHERRY user's bank for processing.
How much funding has Cherry raised?
Cherry has raised $4.0M across 1 round on record. The most recent is a Seed of $4.0M announced in Nov 2022.
When did Cherry last raise funding?
Cherry's most recent funding round on record is a Seed of $4.0M, announced in Nov 2022.
Who is the CEO of Cherry?
Moshe Teitelbaum is listed as CEO at Cherry.
Where is Cherry headquartered?
Cherry is based in Brooklyn, New York, United States.
How many employees does Cherry have?
Cherry is in the 11-50 employee band.
How does Cherry's funding compare to other Financial Services startups?
Cherry's latest round of $4.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Cherry Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cherry is left off this page rather than filled in.
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