Cherryrock Capital is the first Black woman-founded, multi-hundred-million-dollar venture firm that leads Series A and B rounds for tech startups led by underinvested Black and Latine founders, positioning itself at the missing middle stage where diverse-led funds rarely have the capital to lead and take board seats. The firm targets companies scaling from $1M to $100M in revenue and is led by founder Stacy Brown-Philpot, who scaled TaskRabbit from ~$1M to $100M before its sale to IKEA and serves on boards at HP, Nordstrom, and other major companies.
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