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Industries
Consulting
Enterprise Software
Education
Company Size
201-500
Company Stage
Series C
Total Funding
$81.6M
Headquarters
San Francisco, California
Founded
2017
Torch focuses on leadership development by combining coaching with a software platform designed for enterprises. The platform uses 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 aims to systematically develop leaders at all levels to enhance overall business performance.
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Total Funding
$81.6M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
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
Leslie Feinzaig (left), Graham Walker founder and managing director, and Charlotte Newman, head of global business development, underrepresented founders and investors, Amazon Web Services. They spoke during a fireside chat at the AWS Startups Female Founder Showcase last week in Seattle. (GeekWire Photo / Nate Bek) Don’t be scared to pitch big.That’s the advice Graham Walker Founder and Managing Director Leslie Feinzaig said she would give to women looking to navigate the world of venture capital.“We tend to want to under promise and over deliver,” she said, speaking at the Female Founders Showcase hosted last week at the Amazon headquarters in Seattle’s South Lake Union. “Venture capital is not the place to do that.”Just 2.1% of total capital invested in U.S. venture-backed startups in 2022 went to companies founded solely by women, according to a report by PitchBook. That’s down from the 2.4% invested in all-women founding teams in 2021.Women often face dismissal and have to jump through hoops to get the attention of investors, said Charlotte Newman, head of global business development, underrepresented founders and investors, Amazon Web Services.Venture capitalists tend to ask more risk-based questions rather than express enthusiasm while getting a pitch from a woman, she said.As women founders look to navigate the venture capital world, Feinzaig said she would give women founders three pieces of advice:
This Torch-sponsored Harvard Business Review Analytics Services research shows near unanimous agreement that architected, relationship-based leadership development, leveraging tech-enabled coaching and mentoring, is a groundbreaking new practice for organizations of all sizes. .
When leaders have insight into what's happening inside their organizations, this can have a big impact on what gets invested in, and what doesn’t. Research published by Torch, a leading people development platform that harnesses the power of trusted relationships to fuel employee growth and success, has highlighted a strong link between the provision of coaching and mentoring and employers’ ability to retain talent
SAN FRANCISCO, CA, Torch, a people development platform, announced a $40 million Series C financing round, led by 137 Ventures.
Torch, a leading people development platform that harnesses the power of trusted relationships to fuel employee growth and success, today announced a $40 million Series C financing round, led by 137 Ventures.
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Industries
Consulting
Enterprise Software
Education
Company Size
201-500
Company Stage
Series C
Total Funding
$81.6M
Headquarters
San Francisco, California
Founded
2017
Find jobs on Simplify and start your career today