What is Bravely?
Founded in 2017 and headquartered in New York, New York, Bravely offers human resources coaching designed to improve employee engagement, productivity, and retention. The company operates within the burgeoning HR technology and employee well-being market, providing accessible coaching services that aim to foster a more positive and productive work environment. Bravely's platform connects employees with professional coaches, facilitating confidential conversations that address workplace challenges and promote professional development.
How much funding has Bravely raised?
Bravely has raised a total of $11.3M across 3 funding rounds:
Angel/Seed
$1.5M
Debt
$150K
Series A
$9.6M
Angel/Seed (2018): $1.5M, investors not publicly disclosed
Debt (2020): $150K led by PPP
Series A (2021): $9.6M supported by Telescope Partners
Key Investors in Bravely
Telescope Partners
Telescope Partners is a venture capital firm specializing in early-growth enterprise software companies, with a focus on providing high-touch investment relationships. Their investment in Bravely suggests a belief in the company's potential within the HR technology sector.
What's next for Bravely?
With the recent major strategic investment, Bravely is poised for accelerated expansion and further development of its coaching platform. The enterprise-level funding suggests a focus on scaling operations, enhancing its service offerings, and potentially broadening its market reach to larger organizations. This capital infusion will likely support strategic initiatives aimed at solidifying its competitive advantage in the HR tech landscape, driving innovation in employee coaching methodologies, and strengthening its position as a key player in improving organizational health and employee satisfaction.
See full Bravely company page