Sharpist raises $23 million

The coaching provider is benefiting from the growing training market in companies and is now receiving new capital for its expansion.

The Berlin-based coaching platform Sharpist has received 23 million US dollars in capital in a recent financing round, as the company announced. The financing round is led by Endeit Capital and Capnamic. Founders Future, Porsche Ventures and existing investors Vorwerk Ventures and Btov Partners are also involved. Business angel Julien Codorniou, former Vice President of Workplace at Meta, is also participating in the Berlin start-up.

"The financing round enables us to continue investing in our leading product and to gradually establish Sharpist as the market leader for digital coaching in Europe," says Hendrik Schriefer, CEO and co-founder, about the current investment. Schriefer and Fabian Niedballa founded the coaching platform in 2018. The platform mediates between companies and business coaches, who then exchange ideas with employees and support them individually. The aim is to promote personnel development. According to the company, Strabag, Franke, the Otto Group and Zalando are already among its customers.

The founders want to use the new capital to double the team size from 100 employees this year. The start-up also wants to drive forward the development of its platform and tap into new European markets. The expansion is to start in the UK and Ireland, for which a new office is to be opened in London soon.