A  Cherrystone Angel Group


     Office Locations:

40 Westminster St., Suite 702
Providence, RI 02903
Phone: 401-519-4311
Fax: 401-351-3056



  • Early
  • Seed



  • Business Services
  • Information Technology
  • Manufacturing & Industrial
  • Transportation & Distribution



    Cherrystone Angel Group, founded in 2004 with more than 50 members, is Rhode Island's first organized angel investment group. All the group's members are experienced and qualified investors who have either built their own companies or have extensive experience launching new business ventures. Their backgrounds include creating or working with manufacturing, distribution, technology, and service companies. Cherrystone looks for innovative early stage and established companies that address a significant market opportunity where their investment and experience can make a difference. Typically, Cherrystone will invest between $250,000 and $500,000 to help companies grow to the next stage.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Jennifer Schwall Manager
    Peter Dorsey Executive Director
    Robert Manning Chairman


    Portfolio companies include:

        web link


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