About BetterUp
BetterUp is a Technology company based in Austin (United States) founded in 2013 by Eduardo Medina and Alexi Robichaux. One-on-one coaching for professionals is provided through technology. BetterUp has raised $628.05 million across 8 funding rounds from investors including SVB, Lightspeed Venture Partners and Social Capital. The company has 4,134 employees. BetterUp has completed 2 acquisitions, including Impraise and Motive Software. BetterUp was last valued at $4.7 billion in November 2024. Its chief executive, as recorded, is Alexi Robichaux. Its website betterup.com draws about 943 thousand monthly visits. BetterUp offers products and services including BetterUp Lead, BetterUp Manage, BetterUp Ready, and BetterUp Grow. Its focus areas include Enterprise Applications, HRTech, Performance Management and Mentorship Platform. Its competitors include Chronus, MentorcliQ and Torch Leadership Labs; 3 of its 3 listed competitors have raised funding.
Company details
BetterUp was founded in 2013 and is headquartered in Austin, United States. Coaching services for professionals are delivered via a technology platform. Matches between professionals and coaches are made using evidence-based assessments and machine learning algorithms. The company operates in the professional development sector, with clients including Airbnb, LinkedIn, and Logitech. Operations focus on scalable, data-driven coaching solutions.
Products & Services of BetterUp
BetterUp offers a comprehensive portfolio of products and services, including BetterUp Lead, BetterUp Manage, BetterUp Ready, and BetterUp Grow.
Platform to build key leadership capabilities for organizational change.
Tool for personalized growth journeys to enhance manager performance.
Service to build resilience and well-being across teams.
AI-driven coach for ongoing personal and professional growth.
Apps and channels of BetterUp
BetterUp publishes 2 mobile apps with over 50K+ downloads; its YouTube channel BetterUp has 3.07K subscribers and 30 videos.
Videos from BetterUp
The most watched videos on BetterUp's YouTube channel, BetterUp (3.07K subscribers). Click a video to play it here.
More on BetterUp.
Funding Insights of BetterUp
BetterUp has successfully raised a total of $628.05M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $189.9 thousand completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $628.05M
- Total Rounds 8
- Last Round Series E — $189,900
- First Round $2.9M
(Dec 2015)
- Investors Count 34
All 8 funding rounds of BetterUp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $189,900 | Series E | – | – | – |
| Feb 2024 | $214,699 | Series E | – | – | – |
| Sep 2021 | $339M | Series E | $4.7B | Wellington, Lightspeed Venture Partners | |
| Feb 2021 | $146.75M | Series D | $1.7B | Iconiq Capital | |
| Jun 2019 | $103M | Series C | – | Lightspeed Venture Partners | |
| Mar 2018 | $26M | Series B | – | Lightspeed Venture Partners | |
| Nov 2016 | $10M | Series A | – | DFJ | |
| Dec 2015 | $2.9M | Seed | – | Freestyle, DFJ |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $4.7B | •••••••• |
| Feb 2021 | $1.7B | •••••••• |
Last known valuation $4.7B (Nov 2024). 34 investors in total: 34 institutional.
Investors in BetterUp
BetterUp has secured backing from 34 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Lightspeed Venture Partners and Social Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Multiple sectors are invested in by Morningside, a VC fund. | morningside.com | Newton, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Venture capital firm partnering with enterprise software companies and early-stage funds. | sapphireventures.com | |||
Early-stage venture capital investments are focused on US companies. | pluscapital.com | Venice, United States | ||
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
Provider of investment management and real asset services | iconiqcapital.com | San Francisco, United States | ||
Early-stage startups are funded by Threshold VC firm. | threshold.vc | Palo Alto, United States | ||
Freestyle VC is engaged in seed funding for tech startups. | freestyle.vc | Larkspur, United States | ||
Venture capital is invested in various sectors by Crosslink Capital. | crosslinkcapital.com | San Francisco, United States |
Investor details for BetterUp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of BetterUp
224 people are tracked at BetterUp (61 in leadership, 21 in board & advisors, 142 in team); the tracked headcount is 4,134.
| Name | Role | Group |
|---|---|---|
Eduardo Medina | Co-Founder & COO | Leadership |
Alexi Robichaux | Co-Founder & CEO | Leadership |
Nicola Medeira | Global Account Partner | Leadership |
Jenica Erickson | Director Of Recruiting | Leadership |
Rona Elbaz | Director Of Account Management | Leadership |
Ron Lewis | VP, Business Operations | Leadership |
Sage Soronen | Director Of Recruiting | Leadership |
Eddie Medina | Co-Founder & COO | Leadership |
Jordan Hochenbaum | VP, Artificial Intelligence | Leadership |
Prince Harry | Chief Impact Officer | Leadership |
Sofia Pona | Director Of Creative And Events | Leadership |
Amy Spieth | Senior Vice President Marketing | Leadership |
Lori Johnston | Account Director; Key Accounts | Leadership |
Duke Daehling | Vice President | Leadership |
Shannon Hopkins | Director Strategic Accounts | Leadership |
Catrinel Bartolomeu | Director, Content Strategy And Thought Leadership | Leadership |
Kari Roberts | VP Revenue Operations & Strategy | Leadership |
Matt Cox | Global Vice President, Field Strategy And Operations | Leadership |
Jessica Brewer | VP Total Rewards And HR Operations | Leadership |
John Eldh | President, Global Field Operations | Leadership |
204 more people are available in the full profile.
Complete people profiles for BetterUp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by BetterUp
BetterUp has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Impraise and Motive Software.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based HR management software is offered for enterprises. | motivesoftware.com | San Francisco, United States | 2019 | Sep 2021 | •••• | |
Web & mobile app for 360 degree feedback and peer coaching | impraise.com | Los Altos, United States | 2014 | Sep 2021 | •••• |
Complete acquisition details for BetterUp
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of BetterUp
6 dated milestones of BetterUp across 11 years, from founding to its latest funding, stage changes and deals.
- Founded BetterUp is founded.
- Funding First funding round of $2.9M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Motive Software.
- Acquisition Acquires Impraise.
- Funding Latest funding round, Series E, of $190K.
Competitors of BetterUp
BetterUp has 3 listed competitors in our database, 3 of them funded. They include Chronus, MentorcliQ and Torch Leadership Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chronus.com | 2007 | Bellevue, United States | $78M | 49 | Corporate training is enabled via a SaaS mentoring platform. | |
| mentorcliq.com | 2012 | Columbus, United States | $91.5M | 75 | Cloud-based platform for enterprise mentorship programs is utilized. | |
| torch.io | 2017 | San Francisco, United States | $79.07M | 127 | Online platform for performance management |
Detailed competitors of BetterUp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of BetterUp
The website of BetterUp (betterup.com) receives about 943K visits a month and ranks #78,793 among all websites worldwide, #2,001 in Business Services.
- Monthly visits943K
▲ 19.6% vs previous month
- Unique visitors386.1K
per month
- Global rank#78,793
among all websites
- Category rank#2,001
Business and Consumer Services · Business Services
- Bounce rate53%
- Pages per visit1.8
- Average visit1 min 05 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with BetterUp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alvcoaching.com | 100% | #1,740,577 | View details | ||
| mindtools.com | 100% | 445.7K | #133,318 | View details | |
apaththatfits.com | apaththatfits.com | 97% | #3,400,104 | – | |
| mentorloop.com | 96% | 82.3K | #484,289 | View details | |
| happentoyourcareer.com | 96% | #1,616,742 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for BetterUp
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as BetterUp (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Betterup
Complete news archive for BetterUp
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about BetterUp
BetterUp was founded in 2013 and raised its 1st funding round 2 years after it was founded.
BetterUp is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Alexi Robichaux is the CEO of BetterUp, as recorded in our data. They have also founded this company.
BetterUp is a funded company, having raised a total of $628.05M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2.9M, raised on Dec 2015.
BetterUp has 4,134 employees.
BetterUp was founded in 2013 and is headquartered in Austin, United States. Coaching services for professionals are delivered via a technology platform. Matches between professionals and coaches are made using evidence-based assessments and machine learning algorithms. The company operates in the professional development sector, with clients including Airbnb, LinkedIn, and Logitech. Operations focus on scalable, data-driven coaching solutions.
BetterUp's top competitors include Torch Leadership Labs, Chronus and MentorcliQ.
BetterUp offers BetterUp Lead, BetterUp Manage, BetterUp Ready, and BetterUp Grow.
BetterUp has made 2 acquisitions, including Impraise, and Motive Software.
BetterUp has 34 investors. Key investors include SVB, Lightspeed Venture Partners, Social Capital, Mubadala, and Wellington.
The valuation of BetterUp is $4.7B as of Nov 2024.
Yes. BetterUp publishes BetterUp and 1 more app, with over 50,000 downloads.