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Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders


Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited

The fund’s thesis comes during a time when diversity initiatives, programs, and focuses are under political and legal fire. She previously worked at Alphabet and Google and serves on the board of various companies including StockX and HP. She was also a founding member of the Opportunity Fund, which is Softbank’s $100 million vehicle for backing diverse founders.

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