Torch

Torch

Leadership development through coaching and software

About

Torch focuses on leadership development by combining coaching with a software platform designed for enterprises. The platform integrates behavioral science to provide leadership assessments that help individuals evaluate their strengths and weaknesses through anonymous feedback from colleagues. This process allows leaders to set personalized goals and track their growth over time. Torch generates revenue through subscription-based access to its platform and virtual coaching sessions, where clients receive tailored one-on-one coaching from experienced professionals. A key feature of Torch is its HR Dashboard, which offers organizations insights into team growth and progress. The company's goal is to systematically develop leaders at all levels, enhancing their capabilities to align with the company's cultural and strategic objectives, ultimately supporting overall business growth.

Company Stage

Series C

Employees

201-500

Industries

Consulting, Enterprise Software, Education

Total Funding

$81.6M

Headquarters

San Francisco, California

Founded

2017


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Simplify's Take

What believers are saying

  • Increased demand for virtual coaching as remote work becomes more prevalent.
  • Growing interest in personalized leadership development aligns with Torch's model.
  • Focus on diversity and inclusion in leadership roles offers Torch new opportunities.

What critics are saying

  • Increased competition from AI-driven coaching platforms threatens market share.
  • Economic downturns could lead to budget cuts in HR and professional development.
  • Data privacy concerns may lead to regulatory challenges for Torch.

What makes Torch unique

  • Torch integrates behavioral science with coaching for personalized leadership development.
  • The platform offers scientifically validated leadership assessments and anonymous feedback.
  • Torch boasts a 96% coach match success rate, ensuring high client satisfaction.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

1%

2 year growth

2%

Benefits

Medical, dental, and vision insurance

401k Retirement Plan

Paid parental leave

Flexible vacation

Infrastructure to support a remote and distributed team

Generous professional development stipend

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