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CoachHub raises $ 80 million to develop business coaching

2021-09-01T14:45:06.689Z


This Berlin-based start-up offers companies specific coaching programs for their employees. The number of professional coaches continues to increase. According to the International Coaching Federation, 70,000 coaches were listed in the world in 2019, an increase of 36% compared to 2015. It is on this niche that the young German growth CoachHub has positioned itself with a very particular focus. on the coaching of employees in companies. The platform announces, this Wednesday, a fundraisi


The number of professional coaches continues to increase.

According to the International Coaching Federation, 70,000 coaches were listed in the world in 2019, an increase of 36% compared to 2015. It is on this niche that the young German growth CoachHub has positioned itself with a very particular focus. on the coaching of employees in companies.

The platform announces, this Wednesday, a fundraising of 80 million dollars (approximately 70 million euros).

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Investors Draper Esprit, RTP Global, HV Capital, Signals Venture Capital, Partech and Speedinvest participated in this transaction.

This investment brings the total amount of funds raised by the company to 130 million since 2019. The objective of this new funding round is to accelerate its international development, particularly in the United States and in Asia.

Artificial intelligence

Founded in 2018 by two brothers, Yannis and Matti Niebelschuetz, this Berlin start-up offers companies coaching programs for their employees. “

For too long, coaching has been inflexible and unattainable, except for leaders. Democratizing and personalizing it for all employees - regardless of their career or where they are located - allows companies to take advantage of its impact on the performance and well-being of teams

”, highlights Matti Niebelschütz, co-founder of CoachHub .



Thanks to artificial intelligence tools, CoachHub puts them in touch with company coaches adapted to their specific needs. More than 2,500 coaches from 70 countries are listed on the platform.

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The start-up claims strong growth during the first quarter of 2021, during which it would have won more new customers than in 2020 over the same period.

Thanks to this fundraising, we will meet the ever-growing demand for digital solutions for training and developing employees.

Trend accelerated by the pandemic,

”explains Yannis Niebelschütz, the other co-founder.

The company has also tripped its number of employees to reach 300 people.

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Source: lefigaro

All business articles on 2021-09-01

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