12/03/2024 /Funding Events
CoachHub Secures $40 Million Growth Financing Facility from HSBC Innovation Banking UK
CoachHub, a global digital coaching platform, has announced securing a $40 million growth financing facility from HSBC Innovation Banking UK. The funding will be utilized to accelerate investments in artificial intelligence (AI) and expand its product offerings. This partnership with HSBC Innovation Banking UK aims to drive rapid innovation, support employee equity, and promote long-term value creation.
The CEO of CoachHub, Matti Niebelschütz, emphasized the role of AI in delivering personalized coaching experiences at scale, making coaching accessible and impactful worldwide. The collaboration with HSBC Innovation Banking UK is set to advance CoachHub's reach and impact in the digital coaching market.
The funding will enable CoachHub to integrate cutting-edge technology with a human-centered approach to empower organizations in navigating talent development challenges and boosting productivity.
Source: PR NewsWire
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