Betterup™ Raises $300 Million Series E At $4.7 Billion Valuation, Making The Company The Largest Mental Health And Coaching Startup In The World
Amount Raised
$300 Million
Round Type
Series E
AustinInformation TechnologySoftwareScience And EngineeringEducationInvestors
Description
BetterUpTM, the inventor of virtual professional coaching and global leader in mental fitness and human transformation for the enterprise, announced today the close of its $300 million Series E fundraise. This round brings the company’s valuation to $4.7 billion and total funding to $600 million, making BetterUp the largest mental health and coaching company in the world. The round also closely follows BetterUp’s $125 million Series D in February 2021, and over-achieving an aggressive 2x growth plan in the first half of the fiscal year. Wellington Management, ICONIQ Growth, and Lightspeed Venture Partners led the round with participation from existing investors Salesforce Ventures and Mubadala Investment Company, also customers of BetterUp, along with Sapphire Ventures, Morningside Group, SV Angel, and PLUS Capital.
Quick answer
BetterUp raised $300 Million in a Series E round, dated October 8, 2021. Investors: SV Angel. BetterUp is based in Austin, Texas, United States.
- How much did BetterUp raise?
- BetterUp raised $300 Million in a Series E round on October 8, 2021.
- Who invested in BetterUp?
- SV Angel is named as investors in this round.
- What does BetterUp do?
- At BetterUp, we’re bringing the power of human transformation to individuals and workforces everywhere.
- Where is BetterUp based and how big is it?
- BetterUp is based in Austin, Texas, United States.
- Who are the decision-makers at BetterUp?
- Fundz holds 1 contact at BetterUp, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Science And Engineering and Education around the same time
Companies in the same sectors as BetterUp that raised within 45 days of this round, from Fundz verified event records.
- Jina Ai raised $30M (Funding Round) on November 22, 2021.
- RedHill Biopharma Ltd raised $5M on November 22, 2021.
- Trunk raised an undisclosed amount (Funding Round) on November 19, 2021.
- Comet raised $50M (Series B) on November 18, 2021.
- Anyword raised $21M (Funding Round) on November 18, 2021.
- Blue Cloud Technology raised an undisclosed amount (Funding Round) on November 17, 2021.
Who to call at BetterUp, and when
A new round usually means BetterUp is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day BetterUp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at BetterUp, from your own LinkedIn network
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Related People
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