CoachHub raises $80M in its Series B2 round
At a Glance
CoachHub, a digital coaching platform, has raised $80M in a Series B2 round, bringing its Series B fundraising total to $110M. CoachHub connects people with over 2,500 qualified business and well-being coaches in 70 countries across six continents using artificial intelligence.
CoachHub, a digital coaching platform, has raised $80M in a Series B2 funding round, taking its total Series B funding to $110 million. This latest round included Draper Esprit, RTP Global, HV Capital, Signals Venture Capital, Partech, and Speedinvest, bringing the total funds raised to $130 million since 2019.
The funds will be used to continue three-year-old CoachHub’s expansion. CoachHub increased its workforce count in the first half of 2021, and attracted worldwide brands such as Fujitsu, Electrolux, Babbel, ViacomCBS, and KPMG to its customer roster.
This latest round of funding will allow us to meet the ever-growing demand for digital solutions for training and personal development, which has been triggered by the pandemic. It also demonstrates the belief investors have in our platform and the value democratized coaching brings to forward-thinking organizations.Yannis Niebelschütz, co-founder and chief sales director
CoachHub matches people with over 2,500 qualified business and well-being coaches in 70 countries across six continents using artificial intelligence. More than 60 languages are offered for coaching sessions. The company already employs over 300 people from 42 countries spanning Europe, North America, and Asia. This fresh round of funding will help the company expand even further in the coming months.
It’s no longer just about the pandemic. What we are increasingly seeing with digital-first, highly enriched platforms such as CoachHub are more dynamic and – crucially – more accessible tools to transform companies through training and education. We are delighted to continue backing CoachHub as it makes huge strides in the US and Asia and builds upon its position as Europe’s leading digital coaching platform.Christoph Hornung, investment director at Draper Esprit
Alexander Pavlov, a partner at RTP Global
Since we first invested in CoachHub in late 2019, the company has never ceased to impress us. Its team of industry-leading scientists, researchers, and advisers – along with a worldwide pool of top coaches – are all demonstrating a clear passion to democratize coaching across the world. Matti and Yannis are 100% focused on their vision and are backed by outstanding execution and growing ambition. These efforts made it an easy decision to help the company accelerate further by doubling down on our investment, contributing significantly towards an impressive $80m round.