CoachHub’s $200M Series C Underscores the Rise of Digital Coaching

CoachHub · 14 June 2022 · 3 min read

We’re growing — significantly. Today CoachHub celebrated a $200 million Series C funding round, hot on the heels of an $80 million round just eight months ago. So, while global VC funding is cooling off, the desire for one-on-one coaching certainly isn’t.

In fact, digital coaching is expected to grow by up to 100 times by the end of the decade. This means: most major organizations will implement digital coaching at scale in the next ten years.

No wonder investors are taking notice.

What’s next as CoachHub accelerates?

CoachHub is considered the global leader for digital coaching and we’re preparing to meet the rapidly growing demand for tailored coaching programs.

We’ve swept much of the world with our revolutionary, end-to-end digital coaching platform that’s increased employee engagement and retention, boosted productivity and improved job performance for workforces around the globe. And, we’ve acquired French digital coaching pioneer MoovOne and the coaching division of Klaiton, the leading Austrian consultant, to expand our global footprint.

But that’s just the beginning.

We’re now a three-year-old business with $330 million in fresh funding, and we’re continuing our success in some of the largest economies in the world.

Our latest funding rounds will help us double down in North America, where more than half (56%) of HR decision makers embrace coaching as part of their people development strategies.

Across the United States and Canada, we are reinvesting in our teams and innovating our digital coaching product. As we speak, a robust team of behavioral scientists, solution architects and coaches are continuing to improve and develop our platform. In the meantime, our business development, marketing, sales and client experience teams are scaling our operations and expanding our global presence.

What sets CoachHub apart?

Our unique programs are based on advanced R&D from our world-class, in-house Coaching Lab, led by renowned behavioral scientists and our Science Council comprised of the brightest minds in behavioral science, psychology and of course, coaching. This extremely well-informed quantitative and qualitative approach to coaching solidifies our global category leadership.

These world-class, science-based coaching curriculums are customized for each learner by one of our qualified business coaches. In an otherwise unregulated industry, our coaches are certified by at least one major coaching organization, have completed a minimum of 500 hours of coaching and bring professional experience from across various industries. But, that’s not all. Because we stand behind the quality of our one-on-one coaches, we also conduct a five-stage selection process of our coaching staff and continually monitor their session ratings.

This quality is vital as our coaches address the workforce’s biggest challenges. In North America at the moment, no challenge is more significant than diversity, equity and inclusion (DEI). We offer coaching programs that help employees — in all departments and at all levels of seniority — knock down barriers and eliminate biases through change management and behavioral analysis. And this digital coaching is proven to have long-lasting benefits that bring psychological transformation with increased self-efficacy and openness to change.

Of course, we handle extremely sensitive subjects — and thus, extremely sensitive data — but rest assured: security is part of our corporate culture. In fact, we are continuing to expand our data centers across the globe, and like all of our data centers, we protect data with the same rigorous standards as financial institutions to ensure each user’s complete privacy and confidentiality.

As global demand for digital coaching spikes, our unique approach — coupled with our commitment to our customers, privacy, quality and solutions for the modern world — puts us in the position to drive massive industry innovation. With investors behind us, we’re on a mission to democratize coaching.

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Call us on +44 (0) 20 3608 3083 email us (mail@coachhub.com) or contact us below for a demo.

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The leading global digital coaching platform

CoachHub is the leading global talent development platform that enables organisations to create a personalised, measurable and scalable coaching programme for the entire workforce, regardless of department and seniority level. By doing so, organisations are able to reap a multitude of benefits, including increased employee engagement, higher levels of productivity, improved job performance and increased retention. CoachHub’s global pool of coaches is comprised of over 3,500 certified business coaches in 90 countries across six continents with coaching sessions available in over 60 languages, to serve more than 500 clients. Our programmes are based on advanced R&D from our Coaching Lab, led by Prof. Jonathan Passmore and our Science Council. CoachHub is backed by leading tech investors, including Sofina, SoftBank Vision Fund 2, Molten Ventures, Speedinvest, HV Capital, Partech and Silicon Valley Bank/SVB Capital. In September 2021, CoachHub acquired French digital coaching pioneer MoovOne to build a global champion focused on jointly democratising coaching.
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