CoachHub, an end-to-end digital coaching platform, has raised $200 million in a Series C fundraising round led by Sofina and SoftBank Vision Fund 2, with existing funders Molten Ventures, Silicon Valley Bank/SVB Capital, HV Capital, Signals Venture Capital, and Speedinvest also participating. CoachHub has already raised $330 million in total capital, just eight months after receiving $80 million in Series B2 funding last September.
The new funds will be used to scale the company’s business and accelerate its ongoing global expansion, with a particular focus on the United States, according to the company. Last year, CoachHub expanded across Europe and APAC, acquiring French digital coaching firm MoovOne and the coaching branch of Austrian consultancy Klaiton, as well as establishing a new APAC headquarters in Singapore.
In addition, the company intends to hire more than 150 new staff globally. It presently employs roughly 850 people worldwide.
CoachHub’s service approach, according to Yanni Pipilis, Managing Partner at SoftBank Investment Advisers, reflects current L&D trends. “Strong secular trends toward digitization and personalization of services are being observed in the Learning and Development sector,” says the report “He foresaw it.”We’re excited to collaborate with Yannis and the CoachHub team to help them achieve their goal of democratizing coaching.”
CoachHub was formed in 2018 and is now one of the world’s major suppliers, with a market-leading position in Europe.