200 million US dollars for Coachhub

The startup behind the eponymous digital coaching platform closed its Series C funding round. Sofina and Softbank Vision are the main backers.

Coachhub successfully closed its Series C funding round, raising $200 million. The digital coaching platform's main investors are Sofina and Softbank Vision. Other backers include Molten Ventures, SVB Capital, Speedinvest and Signals Venture Capital.

Coachhub develops coaching programs for every department and career level. Coachhub is already used in 90 countries and on six continents and is offered in over 60 languages. "As companies continue to adapt to the new normal of hybrid and decentralized models, leaders need personalized support and solutions to boost employee performance, engagement and motivation while prioritizing their well-being," finds Matti Niebelschütz, co-founder of Coachhub. "Digital coaching offers these benefits and more, leading to increasing global demand for Coachhub's services."

Investors see the potential, too. "In learning and development, there is a strong trend toward digitization and personalization of services. Coachhub's digital platform aims to provide employees at all levels with a customized coaching experience to advance their careers," says, for example, Yanni Pipilis, Managing Partner at Softbank Investment Advisers