Stacy Brown-Philpot brings rare operator experience as the former CEO of TaskRabbit who scaled the company to 100+ markets before its acquisition by IKEA, combined with deep Wall Street and Big Tech background from Goldman Sachs and running global operations at Google including leading Google India. At Cherryrock Capital, she leads a $172M fund explicitly focused on backing Black and Latine founders building transformative software companies, drawing from her experience as a founding member of SoftBank's $100M Open Opportunity Fund and her extensive board experience across companies like HP, Nordstrom, and StockX.
About their Fund
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Under-represented founders, SaaS, Fintech, Health, Future of Work
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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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