Berlin-based CoachHub, the digital business coaching platform, said it has secured a €40 million growth financing facility from HSBC Innovation Banking UK.
CoachHub’s global pool of coaches includes more than 3,500 certified business coaches in 90 countries across six continents with coaching sessions available in over 80 languages.
CoachHub is backed by investors including Sofina, SoftBank Vision Fund 2, Molten Ventures, Speedinvest, HV Capital, and Partech.
“This capital injection will enable CoachHub to accelerate its investment in artificial intelligence (AI) and further expand its product offerings,” said CoachHub.
“The transaction is a key strategic decision for CoachHub to drive rapid innovation while safeguarding employee equity and promoting long-term value creation.
“In aligning with HSBC Innovation Banking UK, CoachHub is collaborating with a financial institution that supports innovators across all life stages. This collaboration is set to advance CoachHub’s reach and impact in a rapidly evolving digital coaching market.”
CoachHub CEO Matti Niebelschütz said: “AI plays a crucial role in our growth strategy, allowing us to deliver powerful, personalized coaching experiences at scale to meet the evolving needs of our clients.
“This strategic capital marks a significant milestone as we further our mission to democratize coaching, making it accessible and impactful for people worldwide – especially at a time when support and resilience are critical to navigating change.”
Jean-Laurent Pelissier, Managing Director and Head of Enterprise Software at HSBC Innovation Banking UK, said: “It’s been a pleasure to provide financing support to CoachHub, enabling the business to drive investment into AI and enhance its product offering.
“CoachHub’s unique proposition has a positive impact on the development of talent across organizations, and we look forward to supporting the business as it continues to grow and innovate.”