About Cherry
Cherry is a Healthcare company based in San Francisco (United States) founded in 2017 by Charles Mourani and Felix Steinmeyer. Sales payment solutions are provided for businesses and customers. It operates on a FinTech and Commission-Based model in Healthcare and Financial Services sectors. Its chief executive, as recorded, is Felix Steinmeyer. Its website withcherry.com draws about 1.3 million monthly visits. Cherry offers products and services including Cherry Payment Plans. Its focus areas include Consumer Finance and Payment Solutions. Its legal entity is Cherry Technologies, Inc. Its competitors include Greenphire, Zelis Healthcare and Cedar; 2 of its 3 listed competitors have raised funding.
Company details
Cherry Payment Plans are offered to facilitate affordable access to medical, dental, aesthetic, and veterinary treatments. Services are extended across various sectors including dermatology and plastic surgery. Fast application processes and high approval rates are maintained, with immediate funding provided to practices. Cost barriers are reduced by offering consumer-friendly terms like 0 APR options. Support is given to providers to increase revenue and improve cash flow through lower merchant fees.
- Headquarters San Francisco, United States
- Founders Charles Mourani, Felix Steinmeyer
- SectorsHealthcareFinancial Services
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website withcherry.com
- Social LinkedIn X Facebook
- Legal Name Cherry Technologies, Inc.
- Latest Funding Round$50M (USD), Debt – Conventional
Mar 2022
- Investors
Products & Services of Cherry
Cherry offers a comprehensive portfolio of products and services, including Cherry Payment Plans.
Payment plans are offered for medical and aesthetic treatments.
Funding Insights of Cherry
- Total Rounds 2
- Last Round Debt – Conventional — $50M
- First Round $123,357
(Apr 2020)
- Investors Count 1
All 2 funding rounds of Cherry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $50M | Debt – Conventional | – | – | |
| Apr 2020 | $123,357 | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Cherry
Cherry has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cross River.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Open banking API solutions are provided for financial institutions. | 2008 | crossriver.com | Fort Lee, United States |
Investor details for Cherry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Cherry
127 people are tracked at Cherry (24 in leadership, 103 in team).
| Name | Role | Group |
|---|---|---|
Charles Mourani | Co-Founder & CTO | Leadership |
Felix Steinmeyer | Co-Founder & CEO | Leadership |
Ravi Mittal | Chief Financial Officer | Leadership |
Emil Vasilev | VP, Finance | Leadership |
Richard Maltz | VP, Credit Risk | Leadership |
Kaity Benedicto | Head, People | Leadership |
Jay He | VP, Capital Markets | Leadership |
Pramod Thammaiah | VP, Product | Leadership |
Sean Schroeder | COO | Leadership |
Kira Booth | Director Of Engineering | Leadership |
Jonathan Eng | Head, Business Operations | Leadership |
Scooter Schmidt | Sr. Director Of Practice Intelligence | Leadership |
Sam West | Head, Sales Development | Leadership |
Justin Ganzer | Head, Revenue Operations | Leadership |
Barry Christensen | Director, Sales, Dental | Leadership |
Mary Wu | VP, Digital Marketing | Leadership |
Irem Korkmaz | Engineering Director | Leadership |
Indever Lal | VP of Payment Operations | Leadership |
Scott Monaco | VP, Practice Intelligence & Risk | Leadership |
James Cook | Vice President Of Sales | Leadership |
107 more people are available in the full profile.
Complete people profiles for Cherry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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- Professional contacts
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Timeline of Cherry
3 dated milestones of Cherry across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Cherry is founded.
- Funding First funding round of $123K.
- Funding Latest funding round, Debt – Conventional, of $50.0M.
Competitors of Cherry
Cherry has 3 listed competitors in our database, 2 of them funded. They include Greenphire, Zelis Healthcare and Cedar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| greenphire.com | 2007 | King Of Prussia, United States | $5.81M | 259 | Clinical payment technology for patient transactions in research is provided. | |
| zelis.com | 1995 | Boston, United States | 2,336 | Digital solutions to modernize the healthcare financial experience for payers, providers, and members | ||
| cedar.com | 2016 | New York, United States | $351M | Cloud-based payment solutions are provided for healthcare billing and analytics. |
Detailed competitors of Cherry
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cherry
The website of Cherry (withcherry.com) receives about 1.3M visits a month and ranks #29,367 among all websites worldwide, #774 in Business Services.
- Monthly visits1.3M
▼ 6.4% vs previous month
- Unique visitors417.7K
per month
- Global rank#29,367
among all websites
- Category rank#774
Business and Consumer Services · Business Services
- Bounce rate21%
- Pages per visit7.0
- Average visit3 min 02 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Cherry. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| creditkey.com | 100% | 67.4K | #424,086 | View details | |
| zillow.com | 77% | 321.9M | #68 | View details | |
| ups.com | 68% | 210.9M | #157 | View details | |
| carecredit.com | 51% | 4.2M | #17,077 | View details | |
carecreditprovidercenter.com | carecreditprovidercenter.com | 49% | #57,539 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Cherry
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Cherry (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Cherry
Complete news archive for Cherry
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Frequently Asked Questions about Cherry
Cherry was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Cherry is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Felix Steinmeyer is the CEO of Cherry, as recorded in our data. They have also founded this company.
Cherry Payment Plans are offered to facilitate affordable access to medical, dental, aesthetic, and veterinary treatments. Services are extended across various sectors including dermatology and plastic surgery. Fast application processes and high approval rates are maintained, with immediate funding provided to practices. Cost barriers are reduced by offering consumer-friendly terms like 0 APR options. Support is given to providers to increase revenue and improve cash flow through lower merchant fees.
Cherry's top competitors include Greenphire, Cedar and Zelis Healthcare.
Cherry offers Cherry Payment Plans.
Cherry has 1 investor. Key investors include Cross River.
Cherry operates through Cherry Technologies, Inc..
The website of Cherry receives about 1.3 million visits a month and ranks #29,367 among all websites worldwide.