German startup CoachHub lands €25 million to democratise coaching further across Europe, Asia and the US
Summary
In just two years the team has created a global network of more than 1000 certified coaches across six continents, making CoachHub the fastest growing European company in this sector. Since the pandemic outbreak, the company has also offered a CoachHub4Good initiative, whereby employees at aid organisations, such as the United Nations in Lebanon, Iraq and South Sudan, are supported with free coaching. Yannis Niebelschütz, co-founder and chief marketing and sales director, CoachHub, said: “The pandemic has triggered a huge surge in digital solutions for training and personal development. With this new funding, we can continue to meet the enormous demand whilst significantly expanding our network.” Christoph Hornung, investment director at Draper Esprit, said: “If 2020 has shown us anything, it’s that the future of work will look very different to what we expect and can change faster than anyone thinks possible. We are delighted to be backing CoachHub and we’re excited by their potential scale.” David Kuczek, general partner at HV Capital, said: “Digital coaching is a future billion-dollar market.