25 million euros for Coachhub

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

Digital learning and personal development startup Coachhub is apparently benefiting twice from the current Corona pandemic. On the one hand, investors such as Draper Esprit, HV Capital, Speedinvest and also RT Global have injected around 25 million euros into the Berlin-based company in a new round of financing. 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, however, the pandemic has apparently driven up demand on the platform massively. As founder Niebelschütz said, the current crisis has triggered a "real run" on the digital solutions for further education and also personal development. With the money from the financing, Coachhub now wants to meet this demand and "massively expand its own network," according to a press release. In addition, the start-up wants to expand its so-called "Coaching Lab", which it describes as a "think tank" in the field of coaching. Expert contributions and tools to "support the development of coachees" will be offered there.