About Cherry Health
Cherry Health is a company based in Calgary (Canada) founded in 2020 by Adrian S.M and Maximilian Kerz. It operates as a Two-Sided Marketplace. Cherry Health has raised $960.45 thousand across 2 funding rounds from investors including WELL Health Ventures and CMA Joule. Cherry Health offers products and services including Healthcare Job Platform. Cherry Health operates in a competitive market with competitors including CHG Healthcare Services, Stogo, Zen Locum, Locumotive and LocumDoc, among others.
- Headquarter Calgary, Canada
- Founders Adrian S.M, Maximilian Kerz
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$960.45 K (USD)
in 2 rounds
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Latest Funding Round
$960.45 K (USD), Seed
May 27, 2022
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Investors
WELL Health Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Cherry Health
Cherry Health offers a comprehensive portfolio of products and services, including Healthcare Job Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for healthcare job search is provided.
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Funding Insights of Cherry Health
Cherry Health has successfully raised a total of $960.45K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $960.45 thousand completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $960,449
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First Round
First Round
(14 Jan 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Cherry Health | Valuation | WELL Ventures |
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| Jan, 2021 | Amount | Grant - Cherry Health | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cherry Health
Cherry Health has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WELL Health Ventures and CMA Joule. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are focused on digital health modernization in Canada.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cherry Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cherry Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cherry Health Comparisons
Competitors of Cherry Health
Cherry Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CHG Healthcare Services, Stogo, Zen Locum, Locumotive and LocumDoc, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of healthcare staffing services to healthcare facilities
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| domain | founded_year | HQ Location |
Staffing and scheduling system for hospitals
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| domain | founded_year | HQ Location |
Platform for locum workers to find jobs in pharmacies and optician sectors.
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| domain | founded_year | HQ Location |
App for locum optometrist jobs and store searches provided.
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| domain | founded_year | HQ Location |
Hospitals are connected with locum doctors for shift coverage.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cherry Health
Frequently Asked Questions about Cherry Health
When was Cherry Health founded?
Cherry Health was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Cherry Health located?
Cherry Health is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Is Cherry Health a funded company?
Cherry Health is a funded company, having raised a total of $960.45K across 2 funding rounds to date. The company's 1st funding round was a Grant of $78.65K, raised on Jan 14, 2021.
What does Cherry Health do?
Cherry Health is engaged in providing a digital platform for healthcare practitioners and employers. The service connects job seekers with opportunities in the healthcare sector. Solutions are focused on streamlining the hiring process within the industry.
Who are the top competitors of Cherry Health?
Cherry Health's top competitors include CHG Healthcare Services, Stogo and Locumsmart.
What products or services does Cherry Health offer?
Cherry Health offers Healthcare Job Platform.
Who are Cherry Health's investors?
Cherry Health has 2 investors. Key investors include WELL Health Ventures, and CMA Joule.