CoachHub raises $200M led by Sofina, SoftBank Vision Fund 2 – TechCrunch
Summary
The company entered APAC a year ago, with its regional headquarters in Singapore.The platform currently has more than 3,500 business coaches who are spread across 90 countries, covering all time zones. It has worked with more than 500 companies, including Coca-Cola, Danone, Toyota, LVMH, LOr\xe9al, Credit Suisse and Twitter. It is a fact that soft skills are a must to progress in a career and improving on these can make a massive difference to the manager and teams performance, Niebelschuetz said.Coaches can also emotionally support employees. The Great Resignation underscores how burned out many employees are feeling and why emotional support is an important part of retention. Investing in employee well-being dramatically improves their mental health, reduces stress and can bring meaning and purpose to their work.There are other digital coaching platforms like Sharpist and BetterUp, but Niebelschuetz said, we do not compare ourselves to anyone else and we know that the largest competition is the status quo the old way of doing people development.CoachHub differentiates with its international coverage; its platform is available in 14 languages and its coaches can speak a total of 60 languages.