Cherubic Ventures Completes Fund V, at $110M

Matt Cheng, Founder and Managing Partner at Cherubic Ventures

Cherubic Ventures, a San Francisco, CA-based venture capital firm, closed Fund V, at $110m, with a total of over $400m in committed capital under management.

Founded in 2014, Cherubic is a global venture capital firm investing in the most ambitious founders from angel to pre-IPO. Cherubic aims to be the first institutional investor of the next iconic company and back founders who dare to dream big and change the world. It is actively investing in both the US and Asia markets.

Cheng is a venture investor, serial entrepreneur, and company advisor. Prior to founding Cherubic, he co-founded Tian-Ge in Mainland China and 91APP in Taiwan, both went public at over $1B+ in market cap. Cheng is also a company advisor to Wish and Atomic VC, as well as an early investor in Flexport, Calm, and Hims&Hers.

The firm has team members in San Francisco, Taipei, and Shanghai. Some of notable portfolio companies include Hims & Hers, Calm, Flexport, 91APP, Paidy, and Tezign. To date, Cherubic has a global network of more than 150 portfolio companies, as well as 500+ founders, advisors, and institutional investors, allowing us to provide top-tier support for founders on their startup journey.

FinSMEs

18/08/2022