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Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Summary by TechCrunch

Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited

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Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited

2 days ago·United States

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Bloomberg

Ex-TaskRabbit CEO Raises $172 Million to Back Diverse Founders

Cherryrock Capital has funding from investors including Goldman Sachs and JPMorgan.

3 days ago·United States

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POCIT. Telling the stories and thoughts of people of color in tech.

Ex-TaskRabbit CEO Raises $172M Fund Targeting Underinvested Founders

Stacy Brown-Philpot, TaskRabbit’s former chief executive officer, secured $172 million for her new venture fund, Cherryrock Capital. The fund focuses on investing at the Series A and B stages in companies led by underinvested entrepreneurs. Cherryrock Capital’s investors included JPMorgan Chase & Co. and Goldman Sachs Group Inc, as well as Massachusetts Mutual Life Insurance Co., LinkedIn co-founder Reid Hoffman, Ariel Investments’ Mellody Hobs…

2 days ago

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Digital Insurance

Ex-TaskRabbit CEO raises $172M to back diverse founders

Stacy Brown-Philpot, former chief executive officer of TaskRabbit, has raised $172 million from investors for a new venture capital fund targeting underrepresented founders.

3 days ago

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