BetterUP
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$12.1m | Seed | ||
$12.9m | Series A | ||
$26.0m | Series B | ||
$103m | Series C | ||
$125m Valuation: $1.7b | Series D | ||
* | $300m Valuation: $4.7b | Series E | |
Total Funding | $579m |
Recent News about BetterUP
EditBetterUp is a pioneering company in the field of professional coaching and personal development. It operates primarily in the business-to-business (B2B) market, serving a diverse range of industries including energy, hospitality, manufacturing, technology, and retail. The company’s core offering is expert coaching aimed at enhancing leadership skills, facilitating company transitions, and improving overall employee experience.
BetterUp’s business model revolves around providing personalized coaching services through a digital platform. This platform connects employees, managers, and executives with professional coaches who help them build resilience, reduce stress, find purpose, and develop self-compassion. The company leverages insights and analytics to tailor its coaching programs to the specific needs of its clients, ensuring measurable improvements in performance and well-being.
The company makes money by selling subscriptions to its coaching services. Organizations pay a fee to provide their employees with access to BetterUp’s platform and coaching resources. This subscription model ensures a steady revenue stream and allows BetterUp to scale its services across large enterprises.
BetterUp’s impact is significant, boasting a 104% increase in individual performance and a 138% increase in team performance among its users. The company also reports a 112% increase in resilience, a 64% increase in optimism, and a 71% decrease in stress levels among those who engage with its coaching services.
In summary, BetterUp is a digital coaching platform that helps businesses enhance their leadership capabilities and improve employee well-being through personalized coaching. It serves a wide range of industries and operates on a subscription-based business model, delivering measurable improvements in performance and resilience.
Keywords: Digital Coaching, Leadership Development, Employee Well-being, Resilience, Performance Improvement, Subscription Model, B2B, Analytics, Professional Services, Personal Development.