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AceUp raised $22.5M in Series A funding led by PJC and Techstars Ventures to further develop its AI-powered Team Transformation Engine® for team coaching.

Sep 12, 2024over 1 year ago

Amount Raised

$22.5 Million

Round Type

series a

BostonInformation Technology

Investors

Launchpad Venture GroupWater Bear VenturesGaingels VenturesTechstars VenturesPjc

Description

AceUp has secured $22.5 million in a Series A funding round to enhance its AI-powered Team Transformation Engine®, which aims to improve team performance and connectivity within organizations. The funding was led by notable investors including PJC, Techstars Ventures, and others.

Company Information

Company

Ace-Up

Location

55 COURT STREET

Boston, Massachusetts, United States

About

AceUp partners with purpose-driven organizations to drive human transformation by upskilling and reskilling employees to thrive in the new world of work. Our solution combines unparalleled leadership coaching, personalized learning experiences, and measurable performance analytics to build alignment on purpose, drive growth, navigate continuous change, and elevate leadership performance at every level of the organization.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech