CoachHub, a Berlin, Germany-based digital coaching platform, raised $80m in Series B2 funding, increasing total Series B capital to $110m.
Draper Esprit, RTP Global, HV Capital, Signals Venture Capital, Partech, and Speedinvest were all part of this latest round, bringing the total funds raised since 2019 to $130m.
The company intends to use the funds to fund its global expansion.
Led by Yannis Niebelschütz and Matti Niebelschütz, CoachHub a global talent development platform that enables organizations to create a personalized, measurable and scalable coaching program for the entire workforce, regardless of department and seniority level. By doing so, organizations are able to reap a multitude of benefits, including increased employee engagement, higher levels of productivity, improved job performance and increased retention. The platform uses artificial intelligence to match individuals with more than 2,500 certified business and well-being coaches in 70 countries across six continents. Coaching sessions are available in more than 60 languages. The company has more than 300 employees from 42 nationalities across Europe, North America, and Asia.
In just the first half of 2021, CoachHub has exceeded 2020’s new business generation, tripled its number of employees, and added some of the biggest, foremost global brands to its stable of clients including Fujitsu, Electrolux, Babbel, ViacomCBS and KPMG.