25 million euros for Coachhub

The Berlin-based start-up has now raised a total of more than 40 million euros.

The start-up for digital learning and personal development Coachhub is apparently benefiting twice over from the current coronavirus pandemic. Firstly, investors such as Draper Esprit, HV Capital, Speedinvest and RT Global have invested around 25 million euros in the Berlin-based company in a new financing round. This means that founders Matti and Yannis Niebelschütz have raised a total of just over 40 million euros within twelve months.

On the other hand, the pandemic has apparently driven up demand on the platform massively. As founder Niebelschütz said, the current crisis has triggered a "real run" on digital solutions for further education and personal development. Coachhub now wants to use the money from the financing to meet this demand and "massively expand its own network", according to a press release. The start-up also wants to expand its so-called "Coaching Lab", which it describes as a "think tank" in the field of coaching. It will offer expert contributions and tools to "support the development of coachees".