BetterManager Raises $16M in Series A Funding to Scale its Top-Rated Leadership Development Platform • BetterManager
Summary
The capital infusion led by Education Growth Partners will accelerate BetterManagers efforts to scale the industrys top-rated and most comprehensive virtual leadership development solution. Its always been true, but the past few years have proven beyond a doubt that people want and need a purpose at work that transcends their job descriptionwhether its personal or professional growth, or a connection to something larger than themselves. But this way of doing business requires a new type of managera better managerwhose purpose is their teams success.Amidst record turnover rates and the shift to hybrid work, its more critical than ever that employees feel supported, adequately trained and inspired. Its highly integrated model has demonstrated consistently that it can enhance the quality of leadership across all levels of an organization, all as it improves retention of managers and their direct reports.This investment is more than a transaction to us; its a partnership. "BetterManager is a Silicon Valley-founded startup with a growing global presence that is poised to become the premier solution for organizations everywhere looking to develop their managers into leaders and grow their people into a source of sustainable competitive advantage.Education Growth Partners ("EGP") is an investment firm dedicated to providing growth capital to proven education, workplace, and human development companies offering compelling solutions to unmet needs.