CoachHub, a Berlin, Germany-based digital coaching platform, secured $30 million (approx. €25 million) in funding.
The round, which brings the total funds raised to $50m following the company’s $20m funding round in late 2019, was led by new investor Draper Esprit, with participation from existing investors HV Capital, Partech, Speedinvest, signals Venture Capital and RTP Global.
The company will use the new funds to accelerate its growth in the digital coaching market, with plans to add 1000 coaches to its network and make 120 new hires across Europe, Asia and the US, which would bring the team to 300.
Founded in 2018 by brothers Yannis and Matti Niebelschuetz, CoachHub uses AI to match individuals to business coaches. Companies can invite employees to join the digital coaching platform, where an AI-based matching system recommends three business coaches who meet the individual requirements of the employee. Coach and coachee communicate directly via the app on smartphone or
Small businesses hit out at Royal Mail delays
SMEs say delivery times are erratic and some have reported delays of up three to four weeks for certain items
18 December 2020 • 3:07pm
Small businesses have criticised postal delays at Royal Mail, saying the FTSE 250 company is failing to be transparent about the disruption and customers are taking their anger out on SMEs as a result.
Companies have said delivery times are erratic and some have reported delays of up to three to four weeks for certain items, forcing SMEs to refund angry customers.
Tory Fox-Hill, founder of Fox and Moon, a Leeds-based stationery company, said hundreds of parcels it sent out on the weekend of Black Friday still have not been delivered.