BetterUp

BetterUp

Digital coaching for leadership and employee development

About

BetterUp provides professional coaching and personal development services primarily for businesses. Its main product is a digital platform that connects employees, managers, and executives with expert coaches. These coaches help individuals enhance their leadership skills, manage stress, and develop resilience and self-compassion. The platform uses insights and analytics to customize coaching programs to meet the specific needs of each organization, ensuring that users see measurable improvements in their performance and well-being. Unlike many competitors, BetterUp focuses on a subscription model, allowing companies to provide ongoing access to coaching resources for their employees. The goal of BetterUp is to significantly improve individual and team performance while fostering a healthier work environment.

Company Stage

Series E

Employees

1,001-5,000

Industries

Data & Analytics, Consulting

Total Funding

$563.2M

Headquarters

San Francisco, California

Founded

2013


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Simplify's Take

What believers are saying

  • Growing interest in mental health boosts demand for BetterUp's services.
  • Partnerships with companies like Workday enhance BetterUp's market reach.
  • AI-driven analytics provide BetterUp with a competitive edge in personalized coaching.

What critics are saying

  • Emerging digital coaching platforms increase competition for BetterUp.
  • Economic downturns may reduce corporate spending on employee development.
  • Data privacy concerns could challenge BetterUp's reliance on personal data.

What makes BetterUp unique

  • BetterUp is the inventor of virtual coaching, leading the digital coaching industry.
  • It offers the largest network of over 3,000 coaches in 46 languages.
  • BetterUp integrates AI technology to tailor coaching programs to individual needs.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

3%

2 year growth

11%

Benefits

Medical, dental, & vision benefits

Flexible Time Off

Paid parental leave

Unlimited coaching

Wellness programs

Education & learning stipend

Volunteer days

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