Investor Type | Firm |
Type of Fund | Angel network |
Industries | Other |
Stages | Seed, Startup, Early Stage |
Investing | United States |
Cherrystone Angel Group is an angel investment network based in Providence, Rhode Island, with a focus on funding early-stage startups, primarily in the New England area across a range of industry verticals. They provide investment capital for founders during the critical early to middle stages of their company's development, alongside multi-sector expertise and executive leadership to support growth. Their investment approach is grounded in the diverse backgrounds of their members, who are qualified investors with personal experience in building companies or launching new ventures. They offer industry expertise and a broad array of business skills to actively support and become a trusted partner to entrepreneurs within their portfolio, which encompasses various sectors such as Life Sciences, Software, Consumer, Industrial Tech, Healthcare, and Fintech. Cherrystone Angel Group also highly values member involvement in the investment process and offers opportunities such as investor meetings, social events, and educational sessions to foster a vibrant community. They are known for their annual Pitch Night event, which showcases a selection of startups to a wide audience of investors and industry experts. Feedback from portfolio companies highlights Cherrystone's hands-on support through all stages of growth. Some testimonials note Cherrystone's ability to recognize opportunity at early stages, their guidance through licensing agreements, introductions to potential customers, and contributions to product development. The group's intention is to form long-term partnerships with their investees, demonstrating their commitment to the success of the ventures they support.