BetterUp - About the company
BetterUp is a series E company based in Austin (United States), founded in 2013 by Alexi Robichaux and Eduardo Medina. It operates as a Provider of an AI-powered platform delivering personalized coaching and development. BetterUp has raised $628M in funding from investors like Lightspeed Venture Partners, DFJ and Iconiq Capital, with a current valuation of $4.7B. The company has 147 active competitors, including 22 funded and 8 that have exited. Its top competitors include companies like Valence, Sounding Board and Bunch.
Company Details
Provider of an AI-powered platform delivering personalized coaching and development. The platform offers tools for leadership development, manager performance improvement, and resilience building. It delivers coaching to employees at all levels. The platform aims to align workforce potential with business strategy through interconnected products.
- Website
- www.betterup.com/
- Email ID
- *****@betterup.co
Key Metrics
Founded Year
2013
Location
Austin, United States
Stage
Series E
Total Funding
$628M in 8 rounds
Latest Funding Round
Post Money Valuation
$4.7B as on Oct 08, 2021
Investors
Ranked
2nd among 147 active competitors
Employee Count
2,751 as on Jan 31, 2026
Investment & Acquisitions
Legal entities associated with BetterUp
BetterUp is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Betterup, Inc. CIN: 5455102 , United States, Active | - | 412 (As on Dec 31, 2024) | - | |
BETTERUP, INC. CIN: 464390865 , United States, Active | Dec 31, 1999 | - | 412 (As on Dec 31, 2024) | - |
Sign up to download BetterUp's company profile
BetterUp's funding and investors
BetterUp has raised a total funding of $628M over 8 rounds. Its first funding round was on Dec 2015. BetterUp has 32 institutional investors.
Here is the list of recent funding rounds of BetterUp:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 19, 2024 | $190K | Series E | - | - | - | - |
Feb 28, 2024 | $215K | Series E | - | - | - | - |
Sep 24, 2021 | $339M | Series E | $4.7B | - |
View details of BetterUp's funding rounds and investors
BetterUp's founders and board of directors
Founder? Claim ProfileThe founders of BetterUp are Alexi Robichaux and Eduardo Medina. Alexi Robichaux is the CEO of BetterUp.
Here are the details of BetterUp's key team members:
- Alexi Robichaux: Co-Founder & CEO of BetterUp and founder of 2 other companies, ROM Technologies and BetterUp. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 2 email addresses
- Eduardo Medina: Co-founder | COO of BetterUp. They serve on the board of 1 company.
BetterUp's Board of Directors
BetterUp's board has 8 active members. Alexi Robichaux, Doug Pepper, Emily Melton, Eduardo Medina, Vinh Le, Kevin Rubin, David Hatfield and Will Kohler are independent board members.Here is the list of BetterUp's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 2y 0m | |
Independent board member | - | Current | 1y 5m | |
Independent board member | - | Current | 5y 0m | |
Independent board member | - | Current | 5y 0m |
View details of BetterUp's Founder profiles and Board Members
BetterUp's employee count trend
BetterUp has 2,751 employees as of Jan 26. Here is BetterUp's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
BetterUp's Competitors and alternates
Top competitors of BetterUp include Valence, Sounding Board and Bunch. Here is the list of Top 10 competitors of BetterUp, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Valence 2018, New York City (United States), Series B | Provider of an AI coach for manager and team development | $75M | 63/100 | |
2nd | BetterUp 2013, Austin (United States), Series E | Provider of an AI-powered platform delivering personalized coaching and development | $628M | 62/100 | |
3rd | Sounding Board 2016, San Francisco (United States), Acquired | Employee leadership training platform | $47.2M | 62/100 | |
4th | Bunch 2016, New York City (United States), Acquired | Cloud-based LMS platform for leadership training | $4.4M | 52/100 | |
5th | ExecOnline 2012, New York City (United States), Series D | Online training platform for company professionals | $86.6M | 51/100 | |
6th | LEADx 2017, Philadelphia (United States), Seed | Leadership development platform scaling emotional intelligence training and executive coaching | $350K | - | 50/100 |
7th | Platform offering leadership development solutions | $13M | 50/100 | ||
8th | Strive 2017, San Francisco (United States), Acquired | Online social learning management solution | $3.8M | 47/100 | |
9th | CorpU 1997, Mechanicsburg (United States), Acquired | Professional development through collaboration platform | $4.75M | 47/100 | |
10th | Gamification based Platform for Employee Engagement and Development | - | - | 46/100 |
Looking for more details on BetterUp's competitors? Click here to see the top ones
BetterUp's Investments and acquisitions
BetterUp has acquired 2 companies including Motive Software and Impraise. BetterUp has not made any investments as of now.News related to BetterUp
Media has covered BetterUp for 1 event in last 1 year, It was about partnerships.
•
BetterUp Expands Mercedes-AMG PETRONAS F1 Team Partnership to Include their F1 Academy ProgrammeBusiness Wire•Feb 26, 2026•BetterUp
•
$208M fund for inclusion: After investing in 10 unicorns this Latina-Led VC is all set to back diverse tech foundersTech Funding News•Feb 13, 2025•Ulu Ventures, Founders Fund, Nina Capital, Yield Guild and 26 others
•
•
•
•
•
•
BetterUp Names Jolen Anderson as Chief People and Community OfficerBusiness Wire•Apr 04, 2024•BetterUp, BNY Mellon
•
Mercedes F1 Team brings on coaching platform BetterUpSports Business Journal•Feb 27, 2024•BetterUp, Mercedes-AMG
•
BetterUp and Degreed Partner to Drive Leadership Development on the Learning Experience PlatformBusiness Wire•Jan 24, 2024•BetterUp, Degreed
Are you a Founder ?
FAQs about BetterUp
Explore our recently published companies
- Coty - New York City based, 1904 founded, Unfunded company
- Cytotrait - Manchester based, 2023 founded, Seed company
- Thelightmaster - 2020 founded, Public company
- Appliance - New York City based, 2015 founded, Unfunded company
- Lulubelleofnaples - Unfunded company
- Coppercreekcanyon - 2001 founded, Unfunded company