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BetterUp (company)

BetterUp (company)

BetterUp is a mobile-based leadership development platform.

Overview

Launched in 2016 but founded in 2013 by Alexi Robichaux, BetterUp is a mobile-based leadership development platform used by Fortune 500 and enterprise companies. The platform was designed using evidence-based practices for the development and growth of employee leadership and confidence.

The platform offers various tools and services for career coaching, including real-time mentorship and skill-building through virtual sessions where users can work one-on-one with a licensed therapist or career coach. Users can receive coaching through phone, video, or live-chat sessions. Employers providing the BetterUp platform to employees can track employee progress in leadership efficacy, productivity, and happiness.

In 2018, BetterUp introduced its "Extended Network" that provides additional coaching and support features such as nutritional guidance, sleep tracking, effective communication, and more. The platform is intended to provide not only career advice but mental health support and tracking.

Timeline

February 2021
BetterUp raises a $125,000,000 series D round from ICONIQ Capital, Lightspeed Venture Partners, Mubadala, Plus Capital, Salesforce Ventures, Sapphire Ventures and Threshold Ventures.
June 2019
BetterUp raises a $600,000,000 series C round from Crosslink Capital, Freestyle Capital, Lightspeed Venture Partners, Plus Capital, Silicon Valley Bank, Tenaya Capital and Threshold Ventures.
March 2018
BetterUp raises a $26,000,000 series B round from Crosslink Capital, DFJ, Freestyle Capital and Lightspeed Venture Partners.
November 2016
BetterUp raises a $12,900,000 series A round from Crosslink Capital, Freestyle Capital, SV Angel, Social Capital and Threshold Ventures.
January 2016
BetterUp raises a $2,900,000 seed round from Afore Capital, Aneel Bhusri, Graph Ventures and Ulu Ventures.

Funding rounds

People

Name
Role
LinkedIn

Abram Dawson

Investor

Adam Spector

Investor

Aditi Maliwal

Investor

Adrienne Cademenos

Employee

Alexi Robichaux

Founder

Allison Thoreson Bhusri

Investor

Amanda Sloup

Employee

Amy Aaron

Employee

Anamitra Banerji

Investor

Anand Swaminathan

Investor

Ashleigh Munko

Employee

Brigette Lau

Investor

Bruce McTigue

Employee

Bryan Hickerson

Employee

Carla Newell

Investor

Carrie Basham Young

Investor

Claire Hatton

Investor

Clint Korver

Investor

Damian Vaughn

Employee

Dr. Jacinta Jiménez

Employee

Eddie Medina

Founder

Ellen Levy

Investor

Erin Teague

Advisor

Ethan Beard

Investor

fern mandelbaum

Investor

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Further reading

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Documentaries, videos and podcasts

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Companies

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CEO
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Products/Services

News

Title
Author
Date
Publisher
Description
Natasha Mascarenhas
September 18, 2021
TechCrunch
BetterUp, a reskilling and coaching platform for employees before and beyond the C-suite, is getting in touch with its emotions. This week, the richly funded unicorn startup announced a pair of acquisitions in the emotional artificial intelligence and people management space: Motive and Impraise. The terms of the deal weren't disclosed.
Anastassia Gliadkovskaya
August 25, 2021
FierceHealthcare
Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry.
AlleyWatch
February 27, 2021
AlleyWatch
The Pulse of New York Tech
Evan W. Carr
December 16, 2019
Harvard Business Review
It's good for people -- and for the bottom line.

References

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