CoachHub Strengths, Domain Expertise, and Key Differentiators
CoachHub's strength lies in its innovative approach to talent development through a personalized, measurable, and scalable coaching program. The platform's AI-based matching system suggests business coaches that perfectly fit individual employee requirements, covering areas such as time management, stress management, and leadership skills. This AI and ML-driven feature sets CoachHub apart from traditional coaching platforms.
CoachHub Recent Developments
In September 2023, CoachHub, the global pioneer in digital coaching, unveiled a game-changing initiative, the Innovation Lab. This transformative research venture promises to redefine the landscape of digital coaching by integrating cutting-edge technologies like Cloud, IoT, AI, and ML. AI's role in accurately matching coachees with coaches and recommending real-time learning materials has been a cornerstone of CoachHub's approach. The Innovation Lab takes this commitment to AI-driven coaching to new heights.
The primary objective of CoachHub's Innovation Lab is to bridge the gap between research in people development and the real-world needs of organizations. This integration of science and practical application ensures that coaching practices remain effective and aligned with the rapidly changing demands of the business world. Rosie Evans-Krimme, Director of the Innovation Lab and Behavioral Science at CoachHub, emphasizes the importance of scientific validation. Without such validation, organizations often struggle to discern what truly works for them in terms of people development. This approach embeds science into every facet of CoachHub's coaching programs, empowering learning and development teams to make data-driven decisions that leave a lasting impact. One of the most significant aspects of the Innovation Lab is its collaboration with the esteemed coaching institution EMCC Global. This partnership extends beyond AI research and delves into ethics and the enhancement of human coaching practices in the workplace.
CoachHub's expansion into the Asia Pacific (APAC) region stands as a pivotal moment for the company. The decision to set up shop in Singapore aligns with the region's growing appetite for digital learning and professional development. Notably, the appointment of Tim MacCartney as Senior Vice-President for APAC in October 2021 further solidified CoachHub's growth plans in Australia and the broader Asia Pacific region. The company's revenue growth and profit data have been on a promising trajectory, with an increasing employee count from 500 to more than 800 in 2022, spanning across Europe, North America, and Asia.
CoachHub Mergers and acquisitions (M&A) Activities
CoachHub's acquisitions of Klaiton and MoovOne have been significant M&A activities. Although financial details of these deals remain undisclosed, they represent substantial investments in expanding the company's service portfolio and talent pool. These strategic moves have boosted CoachHub's global market presence and positioned it for further growth.
CoachHub Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CoachHub applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of CoachHub and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CoachHub Coaching Platform customers.
CoachHub Overview
Ownership: - Sofina, SoftBank Vision Fund 2, Molten Ventures, Speedinvest, HV Capital, Signals Venture Capital and Silicon Valley Bank/SVB Capital, Partech, RTP Global.
Number of Employees: 800
Functional Market: Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
CoachHub Key Cloud and HCM Applications
CoachHub Coaching Platform
CoachHub HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
CoachHub Revenue Breakdown by Type:
CoachHub HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
CoachHub HCM Applications Revenues By Verticals, $M:
CoachHub Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
CoachHub Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
CoachHub Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified CoachHub Customers
No. of CoachHub Customers: 1000
No. of CoachHub HCM Applications Customers: 1000
No. of CoachHub Cloud HCM Customers: x
No. of CoachHub Cloud HCM Subscribers: x
CoachHub boasts an impressive clientele, including more than 1000 clients from diverse sectors, such as major corporations like Amazon, BNP Paribas, Generali, and Pernod Ricard. The presence of DAX-listed companies and innovative tech firms like SoundCloud and HelloFresh among its clients underscores its industry-wide appeal.
CoachHub Market Opportunities, M&A and Geo Expansions
In March 2023, CoachHub, introduced AIMY, a groundbreaking conversational AI career coach powered by OpenAI's ChatGPT. This innovative platform takes personalized coaching to the next level, pushing the boundaries of the coaching industry while integrating the latest technologies, including cloud, IoT, AI, and machine learning. This conversational AI coach is equipped with cutting-edge technologies, such as state-of-the-art speech recognition, dynamic context builders, and Large Language Modeling (LLM) AI, to deliver a coaching experience that is both dynamic and effective. This amalgamation of technologies represents a new era for coaching. By combining insights from behavioral scientists with state-of-the-art technology, AIMY can provide tailored and insightful coaching in real time. This personalized approach will be invaluable in helping individuals achieve their goals and unlock their full potential.
CoachHub's AIMY represents a significant milestone in the coaching industry, demonstrating the potential of AI in personal and professional growth. It's a testament to the industry's commitment to innovation and a shining example of how technology can enhance the human experience. As AIMY enters its beta phase as a non-commercial pilot project, it's worth watching how it will reshape the coaching landscape in the coming years.
CoachHub's journey has been fueled by substantial investments. In June 2022, the company secured a $200 million Series C funding round, led by Sofina and SoftBank Vision Fund 2. This funding round brought CoachHub's total funding to an impressive $330 million. The Series C funding is a testament to investor confidence in the company's potential.
CoachHub Risks and Challenges
While CoachHub has made significant strides, it is not immune to market challenges. Intensifying competition in the coaching and mental fitness space, highlighted by players like BetterUp with substantial funding and global reach, poses a challenge. Additionally, the ongoing impact of the Covid-19 crisis has made it crucial for organizations to rethink their HR budgets and strategies.
CoachHub Ecosystem, Partners, Resellers and SI
Mostly direct sales, with offices in New York, USA Berlin, Germany London, UK Paris, France Melbourne, Australia Singapore, Singapore Amsterdam, Netherlands Rome, Italy Madrid, Spain Stockholm, Sweden Zurich, Switzerland Vienna, Austria Copenhagen, Denmark Brussels, Belgium Dublin, Ireland
CoachHub Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- CoachHub Public Cloud and Infrastructure (IaaS)
- CoachHub Platform (PaaS)
- CoachHub Application Delivery
- CoachHub Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
