Cherry Ventures Management Gmbh (aifm)

Institutional venture firmSEC venture capital fund adviser· Berlincherry.vc

Cherry is a venture capital firm based in Berlin, London, and Stockholm, founded in 2012. We’re an investment team of former entrepreneurs and operators who’ve built fast-scaling companies such as Zalando and Spotify.

In the firm's own words, from its website.

Reported fund assets
$906M
the adviser's own Form ADV total
Investment team
9
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

18 additional team members, 7 verified contacts (4 professional url, 1 published business email, 1 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Managing Member, Morango Gmbh
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member, Fd Invest Gmbh
    Why: Named with investment responsibility
    No route on file yet

Relationship network

24 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Cherry Ventures Management Gmbh (aifm): a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Cherry Ventures Management Gmbh (aifm)

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months

Investments on record

0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, climate, energy, space, cybersecurity, gaming, media
Stages
seed
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

22 current, 1 departed

Decision makers

who to call first, and why; then everyone else by function
  • Dinika Mahtani · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Christian Meermann · Managing Member, Morango Gmbh
    Why this person: Named with investment responsibility
  • Filip Felician Dames · Managing Member, Fd Invest Gmbh
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

22 current, 1 departed
1 departed (kept with end dates)
  • Daniel P. Glasner · Managing Member, Valluga Gmbh · Jan 1, 2010 to Mar 31, 2021 Inference

Contacts

1 published business email, 1 general firm email, 1 firm phone, 4 professional url

1 published business email, 1 general firm email, 1 firm phone, 4 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

3 vehicles, 0 LPs disclosed

Funds and vehicles

3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Cherry Ventures Fund IV Gmbh & Co. KgFund2023 adv first reportedActive deployment$343M
Mar 14, 2024
44$0
of $311M
Jan 7, 2022
Cherry Decentral I Gmbh & Co. KgFund2022 form d first saleActive deployment$28.9M
Mar 14, 2024
70$17.1M
of $34.0M
Feb 22, 2022
Cherry Ventures Fund III Gmbh & Co. KgFundunknownUnknown$534M
Mar 14, 2024
76$0
of $201M
Jan 7, 2019

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

3 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Unbound PhilanthropyFOUNDATIONCHERRY VENTURES FUND IV at Cherry Ventures Management Gmbh (aifm)$1.3M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Unbound PhilanthropyFOUNDATIONCHERRY VENTURES FUND III (US), L.P. at Cherry Ventures Management Gmbh (aifm)$1.9M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Croucher FoundationFOUNDATIONCHERRY VENTURES FUND IV (US), L.P. at Cherry Ventures Management Gmbh (aifm)$749,829
fair value on the foundation's return
reported as of Sep 30, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

0 co-investors · on 1 other DFX graph

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 1 other DFX graph · 2 capital paths Show
Across DFX
Across the graphs

Cherry Ventures Management Gmbh (aifm) is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Cherry Ventures Management Gmbh (aifm) sits on 2 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 2 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

5 dated events, 42 observations from 3 sources

Timeline

5 dated events
  1. Mar 30, 2023
    Cherry Decentral I Gmbh & Co. Kg first reported on Form ADV by Cherry Ventures Management Gmbh (aifm) (Venture Capital Fund), GAV $28,890,469
    Fund first reported on Form ADVFundsFactCherry Decentral I Gmbh & Co. KgForm ADV
  2. Mar 30, 2023
    Cherry Ventures Fund IV Gmbh & Co. Kg first reported on Form ADV by Cherry Ventures Management Gmbh (aifm) (Venture Capital Fund), GAV $342,626,794
    Fund first reported on Form ADVFundsFactCherry Ventures Fund IV Gmbh & Co. KgForm ADV
  3. Mar 31, 2021
    Daniel P. Glasner (Managing Member, Valluga Gmbh) no longer on Schedule A of Cherry Ventures Management Gmbh (aifm)
    Person leftPeopleInferenceDaniel P. GlasnerForm ADV
  4. Apr 16, 2019
    Cherry Ventures Management Gmbh (aifm) first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  5. Apr 16, 2019
    Cherry Ventures Fund III Gmbh & Co. Kg first reported on Form ADV by Cherry Ventures Management Gmbh (aifm) (Venture Capital Fund), GAV $197,024,902
    Fund first reported on Form ADVFundsFactCherry Ventures Fund III Gmbh & Co. KgForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 14, 2024 · 3 private fundsShow
Headquarters
Berlin, Germanyadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
cherry.vc
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 14, 2024
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$906Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Morango Gmbh (Managing Member, Cherry Ventures Management Gmbh (Aifm)), owns 25% to 50%; FD Invest Gmbh (Managing Member, Cherry Ventures Management Gmbh (Aifm)), owns 25% to 50%

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $906M across 3 vehicles

Evidence

42 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserMar 14, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 14, 2024FactForm ADV
First Form ADV filing2019-04-16Mar 14, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2024-03-14Mar 14, 2024FactForm ADV
Venture share of reported funds1Mar 14, 2024FactForm ADV
Business phoneMar 14, 2024FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersBerlin, GermanyMar 14, 2024FactForm ADV
Office addressMar 14, 2024FactForm ADV
Legal formOther (specify)Mar 14, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported3Mar 14, 2024FactForm ADV
Private fund gross assets (reported)$906MMar 14, 2024FactForm ADV
Schedule a diffsadiff-1Sep 29, 2026FactForm ADV
Stated sectorsAI, enterprise software, fintech, climate, energy, space, cybersecurity, gaming, media
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsAI, enterprise software, fintech, climate, energy, space, cybersecurity, gaming, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, fintech, climate, energy, space, cybersecurity, gaming, media
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesseed
“stage words on the home page”
Oct 1, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 15, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported3Mar 14, 2024FactForm ADV
WebsiteMar 14, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
31
moderate
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $906M across 3 vehicles

The inputs behind each score
importance
gav: 0.59 · funds: 0.25 · people: 0.4 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 3 · reported gav: $906M · first adv filing: 2019-04-16 · years since first filing: 7.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2019-04-16source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

Not yet on record: new companies, 12 mo.