Cherubic Ventures

Summary

Cherubic Ventures appeared to be the VC, which was created in 2013. The venture was found in Asia in China. The main office of represented VC is situated in the Beijing.

Considering the real fund results, this VC is 6 percentage points less often commits exit comparing to other organizations. When the investment is from Cherubic Ventures the average startup value is more than 1 billion dollars. The top amount of exits for fund were in 2018. Deals in the range of 10 - 50 millions dollars are the general things for fund. This Cherubic Ventures works on 23 percentage points less the average amount of lead investments comparing to the other organizations. The fund is constantly included in 7-12 deals per year. The top activity for fund was in 2016. Despite it in 2019 the fund had an activity.

The fund was created by Matt Cheng. Besides them, we counted 5 critical employees of this fund in our database.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Cherubic Ventures, startups are often financed by GGV Capital, Atomic - Overview, Social Starts. The meaningful sponsors for the fund in investment in the same round are Y Combinator, GGV Capital, Founders Fund. In the next rounds fund is usually obtained by Founders Fund, Y Combinator, Felicis Ventures.

The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Flexport, ContextLogic (dba. Wish), Ring. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. We can highlight the next thriving fund investment areas, such as Mobile, Social Media.