Cherryrock Capital, founded by the former general director-taskbbit, Stacy Brown-Pilpot, Wednesday was announced From the fund and in the amount of $ 172 million from the All-Star Limited Partners list, which incorporates JPMorgan, Goldman Sachs, Massmutual, Pivotal Ventures Melinda French Gates, Reid Hoffman, Mellody Hobson and Sheryl Sandberg.
Brown-Pilpot told Bloomberg The fund has actually closed andN January.
The company began in 2023 during a difficult period of collecting funds in the project industry. As a result, Brown-Pilpot said that the company took about two years to close the fund and, said The Outlet. I try to focus on the A and B series corporations, and Brown-Pilpot notices in its blog post that few corporations focus on leading later investments for various founders.
Cherryrock didn’t immediately answer our request for comment.
The thesis of the fund appears at times when initiatives, programs and concentration of diversity are under political and legal fire.
Until now, Cherryrock has supported two corporations. He collaborated with the AI Coaction AI series with Emerson Collective. Other investors are A16Z and Bessemer. Cherryrock also invested in the round of series A for YC Health Company Vitable, together with Citi Impact Fund and First Round Capital.
Brown-Pilpot is extremely achieved. Earlier she worked at Alphabet and Google and sits on the board of various corporations, including Stockx and HP. She was also a member of the Open Opportunit Open Fund, which is a $ 100 million softbank vehicle to support various founders.