BetterUp Raises $125 Million Series D, Achieves $1.73 Billion Valuation, and Expands Coaching Platform With BetterUp Care
Summary
BetterUp has served over 100,000 members to-date, and the number of coaching sessions has more than doubled year-over-year, as demand for investing in employee well-being and development grew significantly. With the addition of Care, we can extend this impact to organizations who recognize mental fitness as the biggest lever in helping people thrive through change. BetterUp has found that a combination of coaching, counseling, and mental health support improves psychological and emotional health, leading to a 77% reduction in stress, 35% decrease in burnout, 75% increase in improved nutrition, and enhances sleep habits and feelings of rest by 2.4x, which in turn enhances cognitive and emotional function. “With the category’s most experienced team and advanced platform informed by years of data, BetterUp uniquely connects individual growth to organizational performance, helping advance the development and well-being of companies and their cultures.” BetterUp is built on a foundation of leading-edge AI technology, coaching innovation, and science-based practices that enable customers to scale personalized development and care company-wide. “We’ve partnered with BetterUp for over three years and have seen tremendous growth in resilience, leadership effectiveness, and well-being,” said Angela McKenna, SVP, Talent Experience at Salesforce.
Funding
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