Having just completed a $103 million Series C funding, mobile coaching company BetterUp knows it is not just about growth, but staying focused on bettering the lives of their clients’ workers. Through their innovative on-demand one-to-one coaching service, employees are shown ways to improve their leadership skills and to achieve higher levels of performance. Client companies are eager to leverage what BetterUp’s has to offer their employees given its potential to create a culture of success.
BetterUp is a disruptive force that makes it stand out from other methods of employee learning and development that are reported to only have 10% effectiveness, yet over $200 billion is spent annually in these areas. This training falls short thanks to poor translation into real workplaces, and employees simply forgetting the lessons. BetterUp’s one-to-one personalized coaching happens in the flow of real work, boosting job performance by 26%, increasing focus by 25%, and reducing burnout by 15%.
BetterUp breaks ground as the first company to market themselves in the tech-enabled employee coaching, wellness, and behavior change market. The closing of the recent Series C led by Lightspeed Venture Partners shows ample faith in BetterUp that has already seen its services embraced by multinational organizations like Airbnb, Logitech, Instacart, and Workday.
“We are proud to be enabling innovative companies who recognize that their biggest asset—their people—deserve an elevated employee experience that speaks to who they are as whole persons, not just employees,” said BetterUP co-founder and CEO Alexi Robichaux. “By combining human expertise, the latest advances in scientific research, and digital technologies including AI and machine learning we’re delivering unprecedented levels of personalized learning at scale.”
